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2 Schooner Way, Old Orchard Beach, ME, 04064

5beds
5baths
4,000sqft
$3,295,000
$824price/sqft
$20,209/moest. monthly cost
$808,360/yrincome needed

About This Home

Set within a four-home coastal enclave by the Scarborough line, 2 Schooner Way offers nearly new construction with easy access to Grand Beach and the surrounding Old Orchard Beach and Pine Point coastline. Built in 2024, this seaside residence combines modern design, elevated finishes, and the ease of low-maintenance coastal ownership. The current owners have further enhanced the property with a whole-home generator, additional exterior parking, and thoughtful interior updates that add to the home's comfort, convenience, and overall functionality. The three-level layout is enhanced by an in-residence elevator serving each floor, including the garage level. Multiple ensuite bedrooms provide comfortable accommodations, while the primary suite includes a spa-like bath and elevated views toward the Atlantic Ocean. Designed for flexibility, the home offers two kitchens, including a main kitchen with a Thermador appliance package and a secondary kitchen on the upper level. The lower level includes approximately 900 square feet of dry, unfinished space with tall ceilings, offering excellent storage today and potential for future finished space. Outdoor areas include seating spaces, a manageable yard, and access to the association recreation area and pool. Grand Beach offers one of Maine's signature stretches of shoreline, with opportunities for beach walks, time by the water, and classic coastal enjoyment. With a two-car garage, added exterior parking, elevator access, multiple ensuite bedrooms, two kitchens, and nearly new construction in a beachside setting, 2 Schooner Way presents a distinctive opportunity to enjoy comfort, convenience, and an elevated seaside lifestyle without the wait of building new.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

3/10
Loranger Middle SchoolGrades 3-82.2 mi
5/10
--
Jameson Elementary SchoolGrades PK-22.3 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Poured Concrete
  • Roof: Composition,Shingle
  • Construction materials: Wood Frame,Shingle Siding,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Full,Unfinished

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedroom4

  • Level: Third

Bedroom5

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Family Room

  • Level: Third

Features

  • 1st Floor Bedroom,Elevator Freight,Shower,Walk-In Closet(s)
  • Flooring: Heavy Duty,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,000

Heating & Cooling

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

Interior Area

  • Total structure area: 4,000
  • Total interior livable area: 4,000 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: Second

Other

  • Level: Third

Primary Bedroom

  • Level: Second

Property

Accessibility

  • Accessibility features: Elevator/Chair Lift

Details

  • Zoning: Residential

Features

  • Private pool: Yes
  • Has spa: Yes
  • Has view: Yes
  • View description: Scenic

Lot

  • Lot size: 0.25 Acres
  • Features: Near Public Beach,Agricultural,Right of Way

Parking

  • Total spaces: 2
  • Parking features: Paved,1 - 4 Spaces
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Hurricane
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm
Winter 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 $16,661$199,932
Home Insurance $524$6,288
Property Taxes $2,443$29,316
Electricity $581$6,977
Total$20,209$242,508

Income You'd Need if You Spent...

35% on housing$692,880/yr
40% on housing$606,270/yr
45% on housing$538,906/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$824This listing

vs Other Active Listings

Avg $/sqft

ZIP 04064$294
York County$379

vs Homes Sold Last Month

Median $/sqft

ZIP 04064$368
York County$295

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
2026-05-04Price change$3,295,000
2026-04-13Listed for sale$3,495,000
2024-11-14Sold$2,900,000
2024-11-06Pending sale$3,000,000
2024-07-19Contingent$3,000,000
2024-06-12Listed for sale$3,000,000

For Sale by Agent

BrokerageLegacy Properties Sotheby's International Realty

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