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Lot #6 Chase Lane, Lewiston, ME, 04240

4beds
3baths
2,016sqft
$530,000
$263price/sqft
$3,687/moest. monthly cost
$147,480/yrincome needed

About This Home

Welcome to Sanctuary Estates, where quality craftsmanship meets peaceful, natural surroundings. This brand-new Colonial, to be constructed by New England Homes, offers the advantages of precision building with quality materials in a controlled environment, delivering consistency, efficiency, and lasting value. Thoughtfully designed with just over 2,000 square feet, this home features 4 spacious bedrooms and 2.5 baths, including a primary suite with a private bath. The open-concept layout creates a seamless flow between the kitchen, dining, and living areas, perfect for both everyday living and entertaining. Set within a beautiful neighborhood surrounded by mature trees and tranquil scenery, Sanctuary Estates offers the perfect balance of comfort and nature. Each home includes underground power, a full foundation, public water, and a private septic system to be installed, along with an energy-efficient propane Combi boiler for modern, cost-effective living. Don't miss the opportunity to build your new home in one of the area's most inviting new communities, where thoughtful design and serene surroundings come together. (interior photos from colonial home in development)

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2026

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

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

Property

Lot

  • Lot size: 0.53 Acres

Parking

  • Parking features: Paved,1 - 4 Spaces,Off Street

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

How This Home’s Risks Compare

Ice Storm
Winter Weather

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 $2,679$32,148
Home Insurance $190$2,280
Property Taxes $525$6,300
Electricity $293$3,516
Total$3,687$44,244

Income You'd Need if You Spent...

35% on housing$126,411/yr
40% on housing$110,610/yr
45% on housing$98,320/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: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$263This listing

vs Other Active Listings

Avg $/sqft

ZIP 04240$154
Androscoggin County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 04240$195
Androscoggin County$196

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

No price history available

For Sale by Agent

AgentMichelle Gosselin
BrokerageHome At Last Realty

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