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3 Echo Lane #3 & 5, Phippsburg, ME, 04562

4beds
4baths
3,400sqft
$409,000
$120price/sqft
$3,010/moest. monthly cost
$120,400/yrincome needed

About This Home

OPEN HOUSE - SATURDAY, AUGUST 29th 11:00 - 2:00. Investors take notice. This Duplex offers 2 units which each have 2 bedrooms. Each unit has 3 levels. Both units share a 12'x46' deck. Unit #3 is empty; Unit #5 will be empty July 1st. Both Units need TLC including interior painting & flooring. Close to downtown Bath, BIW, Popham Beach & Sebasco Resort. Live in one side and rent the other. Many possibilities. Located on a 1+ acre lot. Schedule a showing and come take a look.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

9/10
5/10
Bath Middle SchoolGrades 6-86.8 mi
7/10
Morse High SchoolGrades 9-126.6 mi

Construction

Condition

  • Year built: 1999

Materials

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

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Walk-Out Access,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2

Features

  • Bathtub,Pantry,Shower,Storage
  • Flooring: Carpet,Tile,Vinyl,Bamboo
  • Finished area below ground: 1,200
  • Finished area above ground: 2,200

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 3,400
  • Total interior livable area: 3,400 sqft

Property

Details

  • Zoning: Interior
  • Other equipment: Internet Access Available

Features

  • Levels: Multi/Split
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 1.38 Acres
  • Features: Interior Lot,Near Country Club,Near Golf Course,Near Public Beach,Near Shopping,Near Town,Neighborhood,Rural,Corner Lot,Wooded

Parking

  • Parking features: Common,Gravel,1 - 4 Spaces,On Site

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Winter Weather
Hurricane
Lightning
Tsunami

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 $2,068$24,816
Home Insurance $111$1,332
Property Taxes $337$4,044
Electricity $494$5,930
Total$3,010$36,120

Income You'd Need if You Spent...

35% on housing$103,200/yr
40% on housing$90,300/yr
45% on housing$80,266/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: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 04562$439
Sagadahoc County$278

vs Homes Sold Last Month

Median $/sqft

ZIP 04562$298
Sagadahoc County$263

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
2026-07-27Price change$409,000
2026-06-23Price change$424,000
2026-06-15Price change$439,000
2026-06-05Listed for sale$449,000

For Sale by Agent

AgentFred Rowe
BrokerageRob Williams Real Estate Brokers

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