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492 W Elm Street, Yarmouth, ME, 04096

5beds
4baths
2,429sqft
$1,495,000
$615price/sqft
$9,368/moest. monthly cost
$374,720/yrincome needed

About This Home

Welcome to this beautifully renovated farmhouse-style home set on 1.3 acres, where timeless character meets modern comforts. Perfectly located, you can walk or bike to Yarmouth village & public/private schools, and more--offering the ideal blend of convenience and small-town charm. This spacious home features 4-5 bedrooms, 3.5 bathrooms and approximately 2,500 square feet of thoughtfully designed living space. The sun-filled first floor boasts an open-concept layout centered around a custom kitchen with large island, walk-in pantry, Thermador stainless steel appliances, soft-close cabinetry, and a stunning mix of granite and soapstone countertops with tiled backsplashes. Other 1st-floor highlights include a welcoming mudroom with built-ins and tile flooring, beautiful hickory floors throughout, a cozy living room with gas fireplace & stone mantel, also a separate powder room & dedicated laundry room. A flexible bonus room with a private bath offers the perfect space for a home office, den, or guest suite-easily serving as a 5th bedroom. Upstairs, a custom staircase leads to 4 additional bedrooms & 2 full bathrooms, including a spacious primary suite featuring a walk-in closet and a luxurious en-suite bath with double vanities, a walk-in tiled shower, and a soaking tub. The home also includes a heated barn with plumbing, offering endless possibilities--ideal for vehicle storage, workshop, or potential finished living space. The unfinished upper level provides an exciting opportunity for an in-law apartment or accessory dwelling unit (ADU). Set on a generous 1.3-acre lot, the outdoor space is equally impressive, with room for gardening, recreation, & relaxation. Enjoy the concrete patio & fire pit, natural ledge features, and mature landscaping that provide privacy and natural beauty. This truly unique property combines timeless farmhouse charm with modern systems and amenities.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
66
BikeBikeable

Schools

10/10
10/10
8/10
Yarmouth High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone,Granite,Poured Concrete
  • Roof: Shingle
  • Construction materials: Wood Frame,Clapboard,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: New Englander
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Full,Partial,Sump Pump,Unfinished

Bedroom1

  • Features: Built-in Features,Closet,Full Bath
  • Level: First

Bedroom2

  • Features: Closet
  • Level: Second

Bedroom3

  • Features: Closet
  • Level: Second

Bedroom4

  • Features: Closet
  • Level: Second

Bedroom5

  • Features: Closet
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Dining Area
  • Level: First

Features

  • 1st Floor Bedroom,Attic,Bathtub,Pantry,Walk-In Closet(s),Primary Bedroom w/Bath
  • Window features: Double Pane Windows
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,429

Heating & Cooling

  • Heating features: Baseboard,Heat Pump,Hot Water,Zoned,Radiator
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,429
  • Total interior livable area: 2,429 sqft

Kitchen

  • Features: Eat-in Kitchen,Kitchen Island,Pantry
  • Level: First

Laundry

  • Features: Built-in Features
  • Level: First

Living Room

  • Features: Gas Fireplace
  • Level: First

Primary Bedroom

  • Features: Closet,Double Vanity,Full Bath,Separate Shower,Soaking Tub
  • Level: Second

Property

Details

  • Parcel number: YMTHM030L036
  • Zoning: MDR

Features

  • Levels: Multi/Split
  • Patio & porch: Porch
  • Exterior features: Animal Containment System
  • Has spa: Yes
  • Has view: Yes
  • View description: Fields

Lot

  • Lot size: 1.29 Acres
  • Features: Near Turnpike/Interstate,Near Town,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Paved,5 - 10 Spaces
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Cold Wave
Hail
Hurricane
Inland Flooding
Strong Wind
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 $7,559$90,708
Home Insurance $198$2,376
Property Taxes $1,258$15,096
Electricity $353$4,236
Total$9,368$112,416

Income You'd Need if You Spent...

35% on housing$321,188/yr
40% on housing$281,040/yr
45% on housing$249,813/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

$615This listing

vs Other Active Listings

Avg $/sqft

ZIP 04096$453
Cumberland County$368

vs Homes Sold Last Month

Median $/sqft

ZIP 04096$520
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)

No zestimate history available

Price History

DateEventPrice
2026-05-02Price change$1,590,000
2026-04-11Listed for sale$1,700,000
2023-06-30Sold$1,475,000
2023-05-11Pending sale$1,375,000
2023-05-05Price change$1,375,000
2023-04-17Price change$1,595,000
2023-01-18Listed for sale$1,750,000
2022-10-18Sold$784,000
2010-03-14Listing removed$415,000
2010-01-13Listed for sale$415,000

For Sale by Agent

AgentTricia Gallagher
BrokerageKennebunk Beach Realty

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