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80 Academy Hill Road, Newcastle, ME, 04553

3beds
3baths
2,214sqft
$444,000
$201price/sqft
$3,353/moest. monthly cost
$134,120/yrincome needed

About This Home

Imagine walking to all conveniences from this in-town home! Ideal location for the shortest commute to all performing arts & sports activities sponsored by the high school. The front & side yards boast lovely gardens with minimal lawn to tend; the backyard is left natural as a wonderful wildlife habitat down to the marsh beyond. Built in mid-1940s with an addition in 1960s, this expanded Cape, with standing-seam metal roof, is bright & inviting with newer thermal-pane windows illuminating the generous living & dining rooms-ideal for gracious entertaining. Eat-in kitchen with built-in china cabinet is centrally located off the dining room. Sip your afternoon tea or hot toddy while enjoying a book or bird-watching in the sunroom with access to the large 14' x 21' deck. One-level living with a 1st floor bedroom next to the fully-tiled bathroom. Well-designed floor plan with side hallway access to laundry room, attached 1 car garage and staircase to the two 2nd floor bedrooms. Each upstairs bedroom enjoys an ensuite half bathroom. Recent installation of heat pumps deliver air-conditioning for those warmer summer days. The walkout daylight basement features a large finished Den, mechanical room and additional storage crawl space. Many upgrades completed, now waiting for your personal touches! For outdoor enthusiasts, enjoy The Mills at Damariscotta Lake, just 1 mile up the road, for swimming/kayaking/fishing/skating & for ocean activities, a short drive to Pemaquid Beach plus nearby hiking Preserves. Conveniences in the Twin Villages of Damariscotta & Newcastle include restaurants/cafes, award-winning Skidompha Library, town marina, movie & performing arts theaters, art galleries, grocery stores and LincolnHealth Hospital, an affiliate of Maine Medical Center in Portland. A short drive of 30-40 minutes to Brunswick & Bowdoin College, Maine Maritime Museum in Bath, Farnsworth Art Museum in Rockland and the Camden Hills for hiking/skiing. One hour to Portland Jetport.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1947

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Crawl Space,Daylight,Finished,Full

Bedroom1

  • Level: First
  • Area: 92.43
  • Dimensions: 7.11 x 13

Bedroom2

  • Features: Closet,Half Bath
  • Level: Second
  • Area: 183.43
  • Dimensions: 13 x 14.11

Bedroom3

  • Features: Closet,Half Bath
  • Level: Second
  • Area: 162.265
  • Dimensions: 11.5 x 14.11

Bedrooms & Bathrooms

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

Den

  • Level: Basement
  • Area: 223
  • Dimensions: 10 x 22.3

Dining Room

  • Features: Built-in Features,Formal,Wood Burning Fireplace
  • Level: First
  • Area: 218.5
  • Dimensions: 11.5 x 19

Features

  • 1st Floor Bedroom,Bathtub,One-Floor Living,Shower,Storage
  • Door features: Storm Door(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile,Vinyl,Wood,Hardwood,Linoleum,Painted/Stained
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 220
  • Finished area above ground: 1,994

Heating & Cooling

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

Interior Area

  • Total structure area: 2,214
  • Total interior livable area: 2,214 sqft

Kitchen

  • Features: Eat-in Kitchen,Pantry
  • Level: First
  • Area: 136
  • Dimensions: 10 x 13.6

Laundry

  • Level: First
  • Area: 84
  • Dimensions: 7 x 12

Living Room

  • Features: Built-in Features,Formal
  • Level: First
  • Area: 229.39000000000001
  • Dimensions: 11.3 x 20.3

Sunroom

  • Features: Four-Season,Heated
  • Level: First
  • Area: 78.39999999999999
  • Dimensions: 5.6 x 14

Property

Details

  • Parcel number: NEWCM014L012
  • Zoning: Residential

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic,Trees/Woods

Lot

  • Lot size: 1.63 Acres
  • Features: Interior Lot,City Lot,Near Golf Course,Near Public Beach,Neighborhood,Level,Open Lot,Rolling Slope,Sidewalks,Landscaped,Wooded

Parking

  • Total spaces: 1
  • Parking features: Paved,1 - 4 Spaces,On Site
  • 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

  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Winter Weather
Lightning
Coastal Flooding
Hurricane
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 $2,245$26,940
Home Insurance $185$2,220
Property Taxes $602$7,224
Electricity $321$3,861
Total$3,353$40,236

Income You'd Need if You Spent...

35% on housing$114,960/yr
40% on housing$100,590/yr
45% on housing$89,413/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -3.7%
-3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 04553$338
Lincoln County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 04553
Lincoln County$230

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
2025-10-01Price change$444,000
2025-08-01Listed for sale$469,000
2025-07-09Listing removed$559,000
2024-12-07Listed for sale$559,000
2002-09-16Sold$155,000

For Sale by Agent

AgentBonnie Stone
BrokerageDrum & Drum Real Estate Inc.

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