1118 Exeter Road, Exeter, ME 04435
Property image
Property image
FOR SALE
9 ACRES

1118 Exeter Road
Exeter, ME 04435

  • 4 Beds
  • 3 Baths
  • 1,500 sqft (on 9 acres)

$299,900

Original price: $319,900
Est. Mortgage $1,876/mo*

$299,900

Original price: $319,900
Est. Mortgage $1,876/mo*
4 Beds
3 Baths
1,500 sqft
(on 9 acres)

Home Highlights

Parking
Garage
Outdoor
Deck, Pool
Climate Control
Heating & Cooling
Price/Sqft
$200
Listed
78 days ago

Local Information

  • Map ViewExplore the area around 1118 Exeter Road.
-- mins to
Commute Destination
Last check for updates: about 1 hour ago
Listing courtesy of RE/MAX Infinity
Source: Maine Listings, MLS#1664049
Also Listed on Maine Listings.

About this House

Rare income-producing multi-unit property on 9± acres in Exeter, generating approximately $25,000 in annual rental income. Originally built in 1865, with extensive renovations completed in 1985, this historic property includes a 3-bedroom, 1-bath main home along with two separate studio apartment units, each with a full bathroom. The layout offers flexibility for owner occupancy, rental income, guest space, extended family use, or continued investment use.

The property features a new 22' x 28' garage, a 50' x 60' five-stall horse barn with attached shed, pasture area, pond, and open outdoor space for animals, gardening, recreation, or homestead use. A 14,000-watt solar system adds energy efficiency and helps offset utility costs.

With rental income already in place, multiple living spaces, 9± acres, barn space, pasture, pond, garage, and solar, this is a hard-to-find opportunity for buyers seeking a flexible rural Maine property with practical use, historic character, and income potential

Home Details for 1118 Exeter Road

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Interior Entry
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1500 Square Feet
Heating & Cooling
Heating: Direct Vent Heater,Pellet Stove,Wood StoveHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Direct Vent Heater
Gas & Electric
Electric: Circuit Breakers, Generator Hookup, Other Electric
Windows, Doors, Floors & Walls
Flooring: Tile, Wood, Hardwood
Levels, Entrance, & Accessibility
Floors: Tile, Wood, Hardwood
View
Has a ViewView: Fields, Scenic, Trees/Woods

Exterior Features

Exterior Home Features
Roof: Metal ShinglePatio / Porch: DeckOther Structures: Outbuilding, Shed(s), Barn(s)Foundation: Poured ConcreteHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Gravel,5 - 10 Spaces,Detached
Pool
Pool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Private Sewer, Septic Tank
Finished Area
Finished Area (above surface): 1500 Square Feet

Days on Market

Days on Market: 78

Property Information

Year Built
Year Built: 1865
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Farmhouse
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $299,900Price Per Sqft: $200

Location

Direction & Address
City: Exeter
School Information
High School District: MSAD 46

Agent Information

Listing Agent
Listing ID: 1664049

Building

Building Area
Building Area: 1500 Square Feet

Lot Information

Lot Area: 9 Acres

Miscellaneous

BasementMls Number: 1664049Above Grade Unfinished Area: 1500

Market trends in Exeter

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings

Price and Tax history

DateEventPrice
Aug 13, 2026
Source: Maine Listings #1664049
PriceChange
$299,900
Price decreased by 6%
May 27, 2026
Source: Maine Listings #1664049
Listed For Sale
$319,900
Dec 16, 2025
Source: Maine Listings #1634987
ListingRemoved
$339,000
Aug 20, 2025
Source: Maine Listings #1634987
Listed For Sale
$339,000
Oct 17, 2023
Source: NextHome
ListingRemoved

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Home Value

Trulia Estimate
$291K
Since last month
Decreased$3K (-1.1%)
Since last year
Decreased$72K (-19.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +132% in the last 10 years
MonthEstimated value
2026
August 2026$291K
July 2026$293K
June 2026$295K
May 2026$318K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4.99
Multi-Family Home
$270,000
03/04/26
6
2
2,432
4.99
Multi-Family Home
$600,000
01/27/26
14
7
6,247

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.16
$173,200
3
1
1
Off Market
0.18
$189,800
2
1
900
Off Market
1.12
$270,400
6
2.5
2,600
Off Market
1.15
-
-
-
-
Off Market
1.41
$40,000
-
-
-
Recently Sold
1.45
$248,500
3
2
1,152
Off Market
1.47
$97,000
2
1
1,456
Off Market
1.51
$367,500
3
2
1,568
For Sale

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Exeter

At least 1 Trulia users voted on each feature.
  • 100 % Say kids play outside

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say neighbors are friendly

  • 100 % Say parking is easy

  • 100 % Say car is needed

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 1118 Exeter Road

  • What is the estimated monthly payment for 1118 Exeter Road?
    Based on a $299,900 list price with 20% down at today's rates, the estimated monthly payment for 1118 Exeter Road is approximately $1,904 (about $1,562 principal & interest, $267 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 1118 Exeter Road?
    The closest schools to 1118 Exeter Road are Dexter Regional High School (rated 4/10), Ridge View Community School (Pre-K/Elementary/Middle, rated 3/10).
  • What is 1118 Exeter Road estimated to be worth?
    Trulia's estimated value for 1118 Exeter Road is $290,700.
  • Does 1118 Exeter Road have air conditioning?
    Yes, 1118 Exeter Road has air conditioning.
  • Does 1118 Exeter Road have a pool?
    Yes, 1118 Exeter Road has a pool.
RE/MAX Infinity
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) 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. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
1118 Exeter Road, Exeter, ME 04435 is a 4 bedroom, 3 bathroom, 1,500 sqft multi-family built in 1865. This property is currently available for sale and was listed by Maine Listings on May 27, 2026. The MLS # for this home is MLS# 1664049.