8 Evergreen Drive, Freeport, ME, 04032
About This Home
Five bedroom colonial with a proven Airbnb income stream and a prime Freeport location, 8 Evergreen Drive is an excellent option whether purchased as a primary residence or an investment property. Thoughtfully improved since its last sale, this spacious home features an automatic generator, a new septic system, new roof, added electric baseboard heat upstairs, refreshed interior paint and an opened-up first-floor layout that enhances light and flow. The main level offers a modern granite and stainless kitchen, dining room, flexible living and family rooms with stoves, a full bathroom, hardwood floors and a newly created fifth bedroom that could be used for single-floor living, a guest space or a dedicated home office. Upstairs, four large bedrooms with hardwood floors share a full bath. Set on 0.82 acres with a farmer's porch, spacious yard, and fire pit, this property is designed for entertaining. A deck off the living room and a reinforced lower deck with a dedicated outlet make hot tub installation effortless. The daylight walkout basement offers finishing potential with the appropriate permits. Currently operating as a successful short-term rental, this property is available turnkey -- furnishings, existing Airbnb listing, and management in place -- or as a traditional primary residence, furnished or unfurnished. Either way, the heavy lifting is already done. Minutes to L.L. Bean, Freeport's shops and dining, and I-295 for an easy commute north or south. Bradbury Mountain State Park is nearby for hiking and Portland's historic Old Port is just 20 minutes away. Showings start on Sunday, April 26th at 4pm.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Foundation: Poured Concrete
- Roof: Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Gas Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Interior Entry,Daylight,Full,Partial,Unfinished
Bedroom2
- Features: Closet
- Level: Second
Bedroom3
- Features: Closet
- Level: Second
Bedroom4
- Features: Closet
- Level: Second
Bedroom5
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Formal
- Level: First
Family Room
- Features: Heat Stove
- Level: First
Features
- 1st Floor Bedroom,Bathtub,Storage
- Flooring: Tile,Wood
- Finished area below ground: 0
- Finished area above ground: 2,026
Heating & Cooling
- Heating features: Baseboard,Forced Air,Wood Stove
- Cooling features: None
Interior Area
- Total structure area: 2,026
- Total interior livable area: 2,026 sqft
Kitchen
- Features: Eat-in Kitchen,Pantry
- Level: First
Living Room
- Features: Built-in Features,Heat Stove
- Level: First
Mud Room
- Features: Closet
- Level: First
Primary Bedroom
- Features: Closet
- Level: Second
Property
Details
- Parcel number: FPRTM30B37L0U0
- Zoning: Residential
Features
- Levels: Multi/Split
- Patio & porch: Deck,Patio,Porch
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 0.82 Acres
- Features: Near Turnpike/Interstate,Near Town,Neighborhood,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
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,792 | $45,504 |
| Home Insurance | $208 | $2,496 |
| Property Taxes | $792 | $9,504 |
| Electricity | $294 | $3,534 |
| Total | $5,086 | $61,032 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Price change | $850,000 |
| 2026-04-23 | Listed for sale | $875,000 |
| 2022-09-16 | Sold | $419,000 |
| 2022-08-31 | Pending sale | $419,900 |
| 2022-08-25 | Listed for sale | $419,900 |
| 2012-06-29 | Sold | $215,000 |
| 2012-05-19 | Pending sale | $219,000 |
| 2012-03-30 | Price change | $219,000 |
| 2011-11-15 | Price change | $229,000 |
| 2011-10-01 | Price change | $247,500 |
| 2011-09-09 | Listed for sale | $255,000 |
For Sale by Agent
View on Zillow