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17 Magnolia Lane #17, Gardiner, ME, 04345

3beds
3baths
1,376sqft
$399,900
$291price/sqft
$2,775/moest. monthly cost
$111,000/yrincome needed

About This Home

Welcome to Gardiner's newest community! Located just blocks from the Kennebec River and downtown Gardiner, these custom homes have stunning finishes, including custom kitchen cabinetry, quartz countertops, and wood & tile flooring. The first floor features an open-concept design, seamlessly combining the kitchen, dining area, and living room, along with a convenient half bath. ELEVATOR COULD BE ADDED FOR EASY ACCESS TO 2nd FLOOR. Upstairs, the primary bedroom suite boasts dual sinks and a custom tile walk-in shower. Additionally, there's a second spacious bedroom and a versatile third bedroom, with a shared full bath. Enjoy year-round comfort with three heat pumps throughout the home, keeping you cool in the summer and warm in the winter. Step outside to your private, fenced-in patio—ideal for relaxing with family and pets. The home also features an energy-efficient heat pump water heater and a one-car garage with direct access to the living area. Purchase now in this vibrant town filled with delicious restaurants and bars, historic buildings, beautiful parks, and entertainment options like Johnson Hall and waterfront summer concerts. The monthly association fee covers water, sewer, snow plowing, landscaping, reserves for future exterior items and master insurance. PETS ARE ALLOWED-INCLUDING DOGS! Seller will pay first 3 months HOA fees at closing. OPEN HOUSE HAPPENING EVERY SATURDAY FROM 9am-11am

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

--
Laura E Richards SchoolGrades PK-21.1 mi
5/10
Gardiner Area High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 2024

Materials

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

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Bathtub,Primary Bedroom w/Bath
  • Flooring: Carpet,Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,376

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,376
  • Total interior livable area: 1,376 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Zoning: RES

Features

  • Levels: Multi/Split
  • Patio & porch: Patio

Lot

  • Features: City Lot,Neighborhood,Level,Landscaped

Parking

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

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 WeatherRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm

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 $2,022$24,264
Home Insurance $163$1,956
Property Taxes $346$4,152
Electricity $244$2,930
Total$2,775$33,300

Income You'd Need if You Spent...

35% on housing$95,142/yr
40% on housing$83,250/yr
45% on housing$74,000/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$291This listing

vs Other Active Listings

Avg $/sqft

ZIP 04345$173
Kennebec County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 04345$194
Kennebec County$192

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
2026-05-02Price change$429,000
2024-09-30Listed for sale$450,000
2024-08-26Pending sale$450,000
2024-08-19Listed for sale$450,000

For Sale by Agent

AgentBrian Rizzo
BrokerageRizzo Mattson

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