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386 E Main Street, Denmark, ME, 04022

4beds
4baths
2,526sqft
$579,000
$229price/sqft
$4,300/moest. monthly cost
$172,000/yrincome needed

About This Home

Discover the space, flexibility, and privacy you've been looking for in this Denmark, ME property! Offering 3 to 4 bedrooms with a versatile 1-bedroom in-law setup, this home provides the opportunity to configure the main house as a 3-bedroom residence while maintaining a separate 1 or 2-bedroom in-law or ADU-style living space. With two driveway entrances, the layout is ideal for multi-generational living, renting the house and living in the ADU, or living in the main home and renting the additional space to help offset your mortgage. Depending on use and market conditions, the property could generate approximately 1,200 to 2,400 in monthly rental income. Set on a double lot, this property also offers exciting future potential. The rear lot may provide the option to build and potentially sell separately, subject to local approvals and regulations. While the home sits close to the road, the expansive open backyard creates a private outdoor retreat, and the abutting summer camp helps preserve that privacy by limiting future development. Located in the highly sought-after Fryeburg Academy school district, this home is just moments from ski resorts, shopping, restaurants, golf courses, and the countless lakes that make the White Mountain region so desirable. Whether you're looking for a primary residence, investment opportunity, or a property with room to grow, this unique offering combines location, versatility, and long-term potential in one exceptional package.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

10/10
--

Construction

Condition

  • Year built: 1874

Materials

  • Foundation: Granite
  • Roof: Shingle
  • Construction materials: Wood Frame,Clapboard,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3

Features

  • Attic,In-Law Floorplan
  • Flooring: Carpet,Vinyl,Ceramic Tile,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 2,526

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,526
  • Total interior livable area: 2,526 sqft

Property

Details

  • Parcel number: DENMM013L0005
  • Zoning: Residential

Features

  • Has view: Yes
  • View description: Scenic,Trees/Woods

Lot

  • Lot size: 8.42 Acres
  • Features: Near Shopping,Near Town,Rural,Level,Wooded

Parking

  • Total spaces: 3
  • Parking features: Paved,5 - 10 Spaces
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Cold Wave
Hurricane
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,927$35,124
Home Insurance $263$3,156
Property Taxes $743$8,916
Electricity $367$4,406
Total$4,300$51,600

Income You'd Need if You Spent...

35% on housing$147,428/yr
40% on housing$129,000/yr
45% on housing$114,666/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 04022$190
Oxford County$226

vs Homes Sold Last Month

Median $/sqft

ZIP 04022—
Oxford County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Price change$548,000
2026-07-23Listed for sale$579,000

For Sale by Agent

AgentSandy Sherry
BrokerageColdwell Banker Realty

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