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480 Main Street #1U, Falmouth, MA, 02540

3beds
3baths
2,222sqft
$875,000
$394price/sqft
$5,739/moest. monthly cost
$229,560/yrincome needed

About This Home

Steps from the charm and culture of Main Street, yet offering the privacy and presence of a standalone home, 480 Main Street Unit 1 is a masterfully restored residence immersed in the heart of Falmouth Village. Designed for those who appreciate architectural integrity and effortless living, this three-level home lives like a private retreat--paired with the low-maintenance benefits of condominium living. The main level welcomes you with open-concept living and entertaining spaces, hardwood floors, custom millwork, and a timeless kitchen with gas range and island seating. The second floor offers two guest rooms, a full bath, laundry, and a seating area that opens to a private deck. Crowning the home is an expansive, light-filled primary suite--a true penthouse sanctuary with sitting area and spa-like bath with soaking tub. A private garage, designated parking, and visitor spaces ensure practicality meets elegance. Outside, green space invites summer games, quiet moments, and neighborly connection. Just moments to restaurants, the library, and Surf Drive Beach, this is classic summer Americana--elegant, easy, and distinctly Cape Cod.

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

3/10
5/10
Lawrence SchoolGrades 7-80.3 mi
6/10
Falmouth High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Updated/Remodeled, Approximate
  • Year built: 1870

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Clapboard

Notable Dates

  • Major remodel year: 2008

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,222
  • Total interior livable area: 2,222 sqft

Property

Details

  • Parcel number: 47B 02 012 001U
  • Attached to another structure: Yes
  • Zoning: Residential
  • Special condition: Standard

Features

  • Stories: 1
  • Exterior features: Garden

Lot

  • Features: North of Route 28

Parking

  • Total spaces: 1
  • Parking features: Garage
  • 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

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

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 $4,424$53,088
Home Insurance *$449$5,388
Property Taxes $428$5,136
Electricity $438$5,257
Total$5,739$68,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,765/yr
40% on housing$172,170/yr
45% on housing$153,040/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$394This listing

vs Other Active Listings

Avg $/sqft

ZIP 02540$573
Barnstable County$550

vs Homes Sold Last Month

Median $/sqft

ZIP 02540$541
Barnstable County$463

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)

No zestimate history available

Price History

DateEventPrice
2026-03-09Listed for sale$875,000
2026-03-03Pending sale$875,000
2025-11-07Price change$875,000
2025-10-14Price change$910,000
2025-07-15Price change$955,000
2025-06-10Price change$995,000
2025-05-06Listed for sale$1,050,000
2023-01-27Sold$825,000
2022-11-18Pending sale$850,000
2022-11-18Contingent$850,000
2022-11-01Listed for sale$850,000
2017-08-10Sold$550,000
2017-04-26Pending sale$569,000
2017-03-25Listed for sale$569,000
2016-06-06Listing removed$589,000
2016-04-15Price change$589,000
2016-01-04Price change$599,000
2015-10-22Listed for sale$599,900
2015-08-19Listing removed$619,000
2015-07-21Price change$619,000
2015-05-01Listed for sale$624,000
2015-02-10Listing removed$624,000
2015-02-10Price change$624,000
2014-10-07Price change$629,000
2014-08-30Price change$645,000
2014-03-27Listed for sale$767,250
2011-03-24Sold$397,000
2008-02-20Sold$415,000

For Sale by Agent

AgentGuthrie Schofield Group, Berkshire Hathaway HomeServices Robert Paul Properties
BrokerageBerkshire Hathaway HomeServices Robert Paul Properties

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