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16 Thistle Drive #C, Gorham, ME, 04038

1beds
1baths
550sqft
$419,000
$762price/sqft
$2,807/moest. monthly cost
$112,280/yrincome needed

About This Home

This Petite House, is a rare opportunity to own an exceptionally efficient and beautifully designed home in one of southern Maine's most convenient locations. This 550-square-foot gem proves that great living doesn't depend on size—it depends on smart design, comfort, and location. Step inside and be surprised by how spacious it feels. The highlight of the home is the three-season room, flooding the space with natural light and offering the perfect spot for morning coffee, evening relaxation, or entertaining in style. The home features a comfortable one-bedroom layout, a bright living room and kitchen area, and a charming loft space ideal for guests, storage, or a cozy reading nook. The one-car garage is an exceptional bonus, providing storage and convenience rarely found at this size and price point. Set in a peaceful, rural-feeling area yet moments from everything, This Petite House delivers incredible access: • Just minutes to the Maine Mall • Immediate access to I-295 • Only 15 minutes to in-town Portland • Close to shopping, dining, and major commuter routes This property offers outstanding value as a primary residence, vacation home, or high-demand rental. Low maintenance, smart layout, heat pumps and unbeatable Gorham location—The Petite House is small living with big appeal. Seller will pay $5,000.00 towards buyers closing costs.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
8/10
Gorham Middle SchoolGrades 6-82.3 mi
9/10
Gorham High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 2026

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Refrigerator

Bedroom1

  • Level: First

Bedrooms & Bathrooms

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

Features

  • 1st Floor Bedroom
  • Window features: Low Emissivity Windows
  • Flooring: Other
  • Finished area below ground: 0
  • Finished area above ground: 550

Heating & Cooling

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

Interior Area

  • Total structure area: 550
  • Total interior livable area: 550 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Loft

  • Level: Second

Sunroom

  • Level: First

Property

Details

  • Zoning: res

Features

  • Levels: Multi/Split
  • Patio & porch: Glassed-in Porch
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 1 Acres
  • Features: Interior Lot,Level,Sidewalks

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

  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Winter Weather
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 $2,118$25,416
Home Insurance $93$1,116
Property Taxes $352$4,224
Electricity $244$2,930
Total$2,807$33,684

Income You'd Need if You Spent...

35% on housing$96,240/yr
40% on housing$84,210/yr
45% on housing$74,853/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$762This listing

vs Other Active Listings

Avg $/sqft

ZIP 04038$280
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04038$313
Cumberland County$317

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)

Price History

DateEventPrice
2026-01-31Price change$419,000
2025-12-10Listed for sale$429,900

For Sale by Agent

AgentAnne Ross-Murray
BrokerageF.O. Bailey Real Estate

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