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1 & 9 Franklin Terrace, South Portland, ME, 04106

7beds
5baths
4,300sqft
$3,300,000
$767price/sqft
$20,832/moest. monthly cost
$833,280/yrincome needed

About This Home

An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood -- now presenting potential for a development (subject to approvals), or an extraordinary multi-generational family compound directly on the beach. Set on a premier waterfront site with sweeping views of Spring Point Ledge Lighthouse, Casco Bay, and the islands, this unique property includes two residences positioned to capture the beauty and energy of Maine's coastline from multiple perspectives. The larger home, recently remodeled, offers four to five bedrooms and expansive living spaces designed to maximize ocean views and natural light. Wake to sunrises over Casco Bay, watch working boats pass through the harbor, and experience true waterfront living from nearly every vantage point. The second residence enjoys its own distinct outlook across the ocean, creating flexibility for guest accommodations, rental income, or extended family living. If utilized as a private compound, there is also potential for an additional buildable lot located in front of the smaller residence, creating the rare opportunity for three separate living spaces -- the primary home, guest residence, and an additional homesite (subject to approvals).

Getting Around

43
WalkingCar-Dependent
23
TransitMinimal Transit
49
BikeSomewhat Bikeable

Schools

9/10
6/10

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Slab
  • Roof: Fiberglass,Shingle
  • Construction materials: Wood Frame,Composition,Other,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Electric Range,Gas Range,Refrigerator,Washer,Tankless Water Heater

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Other,Sump Pump,Unfinished

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom2

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Second

Bedroom6

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • 1st Floor Bedroom,Attic,Bathtub,In-Law Floorplan,Pantry,Shower,Storage,Walk-In Closet(s),Primary Bedroom w/Bath
  • Door features: Storm Door(s)
  • Window features: Storm Window(s)
  • Flooring: Laminate,Tile,Vinyl,Wood
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,300

Great Room

  • Level: Second

Heating & Cooling

  • Heating features: Other,Baseboard,Heat Pump,Hot Water,Radiant,Wood Stove
  • Cooling features: Wall/Window Unit(s),Heat Pump

Interior Area

  • Total structure area: 4,300
  • Total interior livable area: 4,300 sqft

Kitchen

  • Level: First

Kitchen

  • Level: Second

Living Room

  • Features: Gas Fireplace,Heat Stove
  • Level: First

Office

  • Level: Second

Other

  • Level: Second

Primary Bedroom

  • Features: Closet,Full Bath,Heat Stove,Suite,Balcony/Deck
  • Level: Second

Property

Accessibility

  • Accessibility features: Other Accessibilities

Details

  • Zoning: A
  • Other equipment: Cable,Generator,Internet Access Available

Features

  • Levels: Multi/Split
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Atlantic Ocean
  • Frontage length: Waterfrontage: 211.93,Waterfrontage Owned: 211.93,Waterfrontage Shared: 211

Lot

  • Lot size: 0.55 Acres
  • Features: Irrigation System,Near Public Beach,Near Shopping,Near Town,Neighborhood,Level,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Other,Paved,1 - 4 Spaces,5 - 10 Spaces,On Site,Garage Door Opener,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2