$3,300,000
 $17,715 est/mo Sourced by Back At You

1 & 9 Franklin Terrace,South Portland, ME 04106

South Portland, ME 04106

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Description

An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood. Two homes 1 Franklin recently remodeled- 4+bedrooms, 3 full baths. 9 Franklin in need of some TLC, 3 bedrooms 2 baths. Now presenting potential for a development (subject to approvals), or an extraordinary multi-generational family compound directly on the beach. Set on a premier waterfront site with sweeping views of Spring Point Ledge Lighthouse, Casco Bay, and the islands, this unique property includes two residences positioned to capture the beauty and energy of Maine's coastline from multiple perspectives. The larger home, recently remodeled, offers four to five bedrooms and expansive living spaces designed to maximize ocean views and natural light. Wake to sunrises over Casco Bay, watch working boats pass through the harbor, and experience true waterfront living from nearly every vantage point. The second residence enjoys its own distinct outlook across the ocean, creating flexibility for guest accommodations, rental income, or extended family living. If utilized as a private compound, there is also potential for an additional buildable lot located in front of the smaller residence, creating the rare opportunity for three separate living spaces -- the primary home, guest residence, and an additional homesite (subject to approvals).

Details

MLS #1624824
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1990
Days On Site507
Listing Provided ByF.O. Bailey Real Estate | Anne Ross-Murray

Features

Bed(s)7
Bath(s) 5 Total
SQ Feet4,300
Garage2
BasementY
ZoningA
Acreage0.55
Water FrontAtlantic Ocean
Property ViewScenic

Interior

Interior Features1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Pantry, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingWall/Window Unit(s), Heat Pump
Fireplaces Total2
Fireplace Yes / NoYes
Laundry FeaturesWasher Hookup
Rooms Total14
Accessibility FeaturesOther Accessibilities
Amenities Co Amenities1st Floor Bedroom, Attic, Bathtub, Fenced, Fire System, In-Law Apartment, Irrigation System, Washer Hookup, Pantry, Security System, Shower, Storage, Walk-in Closets, Primary Bedroom w/Bath

Exterior

RoofFiberglass, Shingle
Foundation DetailsSlab
Lot FeaturesIrrigation System, Near Public Beach, Near Shopping, Near Town, Neighborhood, Level, Landscaped
Waterfront FeaturesBeach Rights, Oceanfront
ViewScenic
Construction MaterialsWood Frame, Composition, Other, Vinyl Siding
Security FeaturesFire System, Security System
Door FeaturesStorm Door(s)
Exterior Co ExteriorComposition, Other, Vinyl Siding
Patio And Porch FeaturesDeck
Window FeaturesStorm Window(s)

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes
Parking FeaturesOther, Paved, 1 - 4 Spaces, 5 - 10 Spaces, On Site, Garage Door Opener, Inside Entrance, Heated Garage

Utilities

SewerPublic Sewer
ElectricCircuit Breakers, Generator Hookup

Taxes

Tax Annual Amount41000
Tax Book Number18526/33842
Tax Year2025
Tax BlockA
Tax Lot106/087
Tax Map Number02

Area Information

StateME
CountyCumberland
CitySouth Portland
Zip Code04106
AreaCumberland
Listing VS Median (in 04106)
Price:
$3,300,000
low | high
Med:
$599,950
100% of Average
sqft:
4,300
low | high
Med:
2,217
98.453488372093% of Average
$ / sqft:
$767
low | high
Med:
$330
100% of Average
On site:
507
low | high
Med:
121.5
100% of Average
Sourced by Back At You

Market Activity 04106

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyCumberland
CitySouth Portland
Zip Code04106
AreaCumberland
Listing VS Median (in 04106)
Price:
$3,300,000
low | high
Med:
$599,950
100% of Average
sqft:
4,300
low | high
Med:
2,217
98.453488372093% of Average
$ / sqft:
$767
low | high
Med:
$330
100% of Average
On site:
507
low | high
Med:
121.5
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:10:40 PM PDT