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62 Middle Ridge Road #B, Bridgton, ME, 04009

2beds
2baths
1,020sqft
$254,900
$250price/sqft
$1,833/moest. monthly cost
$73,320/yrincome needed

About This Home

Brand-new construction offering an affordable path to homeownership. This beautifully finished condo features 2 bedrooms, 1.5 baths, and 1,020 sq. ft. of thoughtfully designed living space. The kitchen comes fully equipped with brand-new stainless steel appliances including a refrigerator, electric range, dishwasher, microwave, and washer/dryer, along with high-end granite countertops for a modern touch. Enjoy energy-efficient living with spray foam insulation and heat pumps providing both heating and cooling year-round. The spacious backyard offers room to relax or entertain. Condo fees include snow removal and lawn care for low-maintenance living. A unique opportunity for buyers looking to stop renting and start building equity in a brand-new home at an affordable entry point.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
Stevens Brook SchoolGrades PK-51.7 mi
3/10
4/10
Lake Region High SchoolGrades 9-125.9 mi

Construction

Condition

  • Year built: 2026

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,020

Heating & Cooling

  • Heating features: Baseboard,Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,020
  • Total interior livable area: 1,020 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Zoning: Rural

Features

  • Levels: Multi/Split
  • Has view: Yes
  • View description: Scenic,Trees/Woods

Lot

  • Lot size: 1.84 Acres
  • Features: Near Country Club,Near Golf Course,Near Public Beach,Near Town,Level,Open Lot,Landscaped

Parking

  • Parking features: Gravel,1 - 4 Spaces

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
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
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 $1,288$15,456
Home Insurance $87$1,044
Property Taxes $214$2,568
Electricity $244$2,930
Total$1,833$21,996

Income You'd Need if You Spent...

35% on housing$62,845/yr
40% on housing$54,990/yr
45% on housing$48,880/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

$250This listing

vs Other Active Listings

Avg $/sqft

ZIP 04009$274
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04009$274
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
2026-07-26Price change$254,900
2026-07-09Price change$259,900
2026-06-23Price change$264,900
2026-06-12Price change$269,900
2026-05-31Price change$279,900
2026-05-12Listed for sale$289,900

For Sale by Agent

AgentJames Oberg
BrokerageOberg Insurance & Real Estate Agency, Inc.

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