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3 SOUTH Road, Matinicus, ME, 04851

5beds
1baths
1,335sqft
$390,000
$292price/sqft
$2,736/moest. monthly cost
$109,440/yrincome needed

About This Home

A Colonial beauty that sits proudly at the center of Matinicus Island. Watch the sunrise and set from its mid island location. The present owners (one who is the Plantation historian) have lovingly restored many features with great attention to detail. The house was build by the one of the original families to settle the island. The 3 working fire places have been restored make the house so cozy. With a pellet Stove and monitor heater you can enjoy this fabulous home year around. The lot has some lovely perennial planting a 3 useful out buildings. Come and settle into this special home in a very special community.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

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Construction

Condition

  • Year built: 1815

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator

Basement

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

Bedroom1

  • Level: First

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • 1st Floor Bedroom,Bathtub,Compost Toilet,Pantry,Walk-In Closet(s)
  • Flooring: Wood
  • Number of fireplaces: 3
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,335

Heating & Cooling

  • Heating features: Other,Steam,Space Heater
  • Cooling features: None

Interior Area

  • Total structure area: 1,335
  • Total interior livable area: 1,335 sqft

Kitchen

  • Level: First

Laundry

  • Level: Basement

Property

Details

  • Zoning: RES

Features

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

Lot

  • Lot size: 1 Acres
  • Features: Corner Lot,Level

Parking

  • Parking features: No Driveway,None

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
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Winter Weather
Hurricane
Landslide
Lightning
Strong Wind
Tsunami

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 $1,972$23,664
Home Insurance $169$2,028
Property Taxes $351$4,212
Electricity $244$2,930
Total$2,736$32,832

Income You'd Need if You Spent...

35% on housing$93,805/yr
40% on housing$82,080/yr
45% on housing$72,960/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$292This listing

vs Other Active Listings

Avg $/sqft

ZIP 04851$350
Knox County$328

vs Homes Sold Last Month

Median $/sqft

ZIP 04851
Knox County$264

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
2025-11-04Listed for sale$410,000
2025-09-02Listing removed$450,000
2024-07-29Listed for sale$450,000

For Sale by Agent

AgentEllen Bunker
BrokerageRE/MAX JARET & COHN

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