12 Shepards Way, Gorham, ME 04038
OFF MARKET

12 Shepards Way
Gorham, ME 04038

  • 2 Beds
  • 2 Baths
  • 1,324 sqft

$493,800

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $2,965/mo*
Refinance Your Home

$493,800

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $2,965/mo*
Refinance Your Home
2 Beds
2 Baths
1,324 sqft

Home Value

Trulia Estimate
$494K
Since last month
Decreased$3K (-0.6%)
Since last year
Decreased$600 (-0.1%)
Since last sale
Increased$229K (+86.5%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$494K
July 2026$497K
June 2026$503K
May 2026$497K
April 2026$497K
March 2026$491K
February 2026$494K
January 2026$474K
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
15 Shepards Way, Gorham, ME
0.03
Condo
$500,000
05/20/26
2
2
1,240
25 Shepards Way, Gorham, ME
0.07
Condo
$527,500
05/15/26
2
2
1,510
14 Joseph Drive #14, Gorham, ME
0.22
Condo
$435,000
12/19/25
2
1.5
1,436
14 Joseph Dr, Gorham, ME
0.22
Condo
$435,000
12/19/25
2
2
1,436
8 Stephen Ward Dr, Gorham, ME
0.29
Condo
$514,900
12/09/25
2
2
1,246
8 Stephen Ward Drive #14, Gorham, ME
0.30
Condo
$514,900
12/09/25
2
2
1,400
29 Joseph Dr, Gorham, ME
0.21
Condo
$415,000
10/24/25
3
2
1,382
11 Connor Dr, Gorham, ME
0.41
Condo
$230,000
10/10/25
3
3
1,444
25 Shepards Way #14, Gorham, ME
0.07
Condo
$527,500
05/15/26
2
2
1,510
29 Joseph Drive #29, Gorham, ME
0.21
Condo
$415,000
10/24/25
3
1.5
1,429

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
10 Shepards Way #10, Gorham, ME 04038
0.01
$574,100
2
2
1,612
Off Market
12 Shepards Way #2, Gorham, ME 04038
0.00
$459,600
2
2
1,324
Off Market
6 Marathon Avenue #19, Gorham, ME 04038
0.06
$575,300
2
2
1,453
Off Market
8 Marathon Avenue #8, Gorham, ME 04038
0.07
$618,600
2
2
1,745
Off Market
25 Shepards Way #14, Gorham, ME 04038
0.07
$527,500
2
2
1,510
Recently Sold
35 Town Common #3, Gorham, ME 04038
0.09
$527,600
3
2
1,705
Off Market
11 Wintergreen Drive, Gorham, ME 04038
0.11
$518,800
4
2
1,382
Off Market
27 Town Common, Gorham, ME 04038
0.13
$780,000
3
2.5
1,940
Recently Sold
25 Wintergreen Drive, Gorham, ME 04038
0.12
$565,000
2
1.5
1,349
Recently Sold
15 Patio Park Lane, Gorham, ME 04038
0.11
$231,500
2
2
1,056
Off Market
21 Patio Park Lane, Gorham, ME 04038
0.11
$232,900
2
2
1,248
Off Market
13 Patio Park Lane, Gorham, ME 04038
0.12
$80,600
2
1
840
Off Market

Local Information

  • Map ViewExplore the area around 12 Shepards Way.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
2004
Living Area
1,324 sqft
Price/Sqft
$373
Parking
Garage

About this House

A rare find! Standalone condominium offering one floor living at its best with a two car garage & full basement for storage. Like new condition built in 2004 offering a sunlit open floor plan with gas fireplace, hardwood floors, private backyard overlooking the tree line, spacious master bedroom with sizeable bathroom & walk-in closet. Relax on the farmer?s porch or watch the birds in the backyard. Public water, sewer & natural gas. Sidewalks to Gorham Village.
12 Shepards Way, Gorham, ME 04038 is a 2 bedroom, 2 bathroom, 1,324 sqft condo built in 2004. It last sold for $265,000 on Jun 13, 2016. It is currently off market. The Trulia Estimate is $493,800, with a rent estimate of $2,761/month.

Home Details for 12 Shepards Way

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2004Year Updated: 2009
Property Type / Style
Property Type: CondoArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Jun 13, 2016
Source: N/A
Sold
$265,000
May 12, 2016
Source: Agent Provided
Pending
$265,000
May 6, 2016
Source: Agent Provided
Listed For Sale
$265,000

Market trends in Gorham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$616K
$22KMoM
Sale-to-List Price
103.1%
Price per sq ft
$316
$4MoM
Available listings
40
3MoM

Around this home

What Locals Say about Gorham

At least 38 Trulia users voted on each feature.

  • 93 % Say people would walk alone at night

  • 90 % Say yards are well-kept

  • 88 % Say parking is easy

  • 87 % Say there's wildlife

  • 83 % Say car is needed

  • 82 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 77 % Say kids play outside

  • 66 % Say neighbors are friendly

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

  • 47 % Say it's walkable to restaurants

  • 44 % Say it's walkable to grocery stores

  • 36 % Say there are sidewalks

  • 34 % Say there are community events

  • 28 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Aqueen22
    "great place to live "
    0
    Flag
  • M. B.
    "Gorham is in a location where you have to drive a minimum of 15-20min to get to the highways. Driving into downtown Portland can take up to 1hr with rush hour traffic. "
    3
    Flag
  • Wilson d.
    "I lived here for twenty years. The neighbours are very friendly and helpful. This is one of the best communities in southern Maine. "
    2
    Flag
  • Guitahguy22
    "The rusticity and diversity of the neighborhood. I grew up in south Portland and since I’ve been in Gorham it’s been a pleasure, to say the least "
    8
    Flag
  • Marion R.
    "Your children can walk to school. You can walk to the store and all around town. The people are very friendly and easy going. The home has a lovely yard with room for a pool in the back. The hardwood floors have been redone. It is move-in ready!"
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 12 Shepards Way

  • What is 12 Shepards Way estimated to be worth?
    Trulia's estimated value for 12 Shepards Way in Gorham, ME is $493,800.
  • What is the price history for 12 Shepards Way?
    12 Shepards Way in Gorham, ME last sold for $265,000 in June 2016.
  • Is Gorham a buyer's or seller's market?
    Gorham is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Gorham?
    The median sale price in Gorham is $616K. That is up $22K from the prior month.

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