197 Brackett Road, Gorham, ME 04038
Property image
Property image
OFF MARKET

197 Brackett Road
Gorham, ME 04038

  • 4 Beds
  • 2 Baths
  • 1,874 sqft (on 4 acres)

$695,100

Trulia Estimate
as of Aug 24, 2026

$695,100

Trulia Estimate
as of Aug 24, 2026
4 Beds
2 Baths
1,874 sqft
(on 4 acres)

Home Value

Trulia Estimate
$695K
Since last month
Increased$5K (+0.7%)
Since last year
Decreased$9K (-1.3%)
Since last sale
Increased$9K (+1.3%)
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 +178% in the last 10 years
MonthEstimated value
2026
August 2026$696K
July 2026$692K
June 2026$709K
May 2026$713K
April 2026$724K
March 2026$720K
February 2026$715K
January 2026$721K
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
1.22
Multi-Family Home
$372,500
03/20/26
3
2
1,907
1.50
Multi-Family Home
$738,000
09/04/25
4
3
2,478
1.98
Multi-Family Home
$485,000
05/12/26
4
2
1,240
2.36
Multi-Family Home
$585,000
12/19/25
4
2
1,704
2.35
Multi-Family Home
$585,000
01/05/26
5
2
1,892
2.25
Multi-Family Home
$570,000
06/01/26
6
2
2,564
2.15
Multi-Family Home
$750,000
10/27/25
7
3
3,169
2.55
Multi-Family Home
$510,000
06/23/26
4
2
2,136
2.23
Multi-Family Home
$856,000
06/08/26
4
5
3,096

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
0.13
$511,300
3
2
1,498
Off Market
0.13
$412,000
2
1
840
Recently Sold
0.20
$429,000
4
1
2,046
Off Market
0.27
$744,500
4
2.5
3,457
For Sale
0.44
$470,500
3
2
1,628
Off Market
0.50
$499,900
4
1
1,575
Recently Sold
0.51
$655,000
3
2.5
2,184
Recently Sold
0.57
$115,000
2
1
-
For Sale
0.57
$74,900
2
1
924
Recently Sold
0.58
$67,000
2
1.5
980
Recently Sold
0.63
$89,400
2
1
952
Off Market

Local Information

  • Map ViewExplore the area around 197 Brackett Road.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1800
Lot Size
4 acres
Living Area
1,874 sqft
Price/Sqft
$371
Last check for updates: about 15 hours ago
Listed by Keller Williams Realty
Bought with: Dream Home Realty LLC
Source: Maine Listings, MLS#1603368

About this House

Looking for a Family Compound? One of a kind 2 unit on a 4 acre parcel with a nicely wooded buildable lot on the Stroudwater River. Country setting on a gorgeous lot to enjoy play time, entertaining, campfires and wildlife. Spacious 2 bedroom units on each floor each with decks for added enjoyment. Originally this building was a Gunpowder Mill called Gunpowder of Maine. After it closed it was converted into a Residential property in the 1920s. Lot is being split off of a larger parcel. Great family compound possibility .
Seller concessional available.
197 Brackett Road, Gorham, ME 04038 is a 4 bedroom, 2 bathroom, 1,874 sqft multi-family built in 1800. It last sold for $687,000 on Oct 18, 2024 (5% below the $725,000 asking price). It is currently off market. The Trulia Estimate is $695,100, with a rent estimate of $2,190/month.

Home Details for 197 Brackett Road

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Bulkhead,Exterior Entry,Full,Sump Pump,Unfinished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1874 Square Feet
Appliances & Utilities
Utilities: Utilities On
Heating & Cooling
Heating: Baseboard,Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Tile
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Floors: Carpet, Laminate, Tile
View
Has a ViewView: Fields, Trees/Woods

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, PorchFoundation: BlockNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Paved,1 - 4 Spaces
Frontage
WaterfrontRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Private Sewer, Septic TankWater Body: Stroudwater River
Farm & Range
Frontage Length: Waterfrontage: 200, Waterfrontage Owned: 200
Finished Area
Finished Area (above surface): 1874 Square Feet

Property Information

Year Built
Year Built: 1800
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Colonial
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $725,000
Status Change & Dates
Off Market Date: Sat Sep 28 2024

Location

Direction & Address
City: Gorham

Building

Building Area
Building Area: 1874 Square Feet

Lot Information

Lot Area: 4 Acres

Miscellaneous

BasementMls Number: 1603368Above Grade Unfinished Area: 1874

Price and Tax history

DateEventPrice
Oct 18, 2024
Source: Maine Listings #1603368
Sold
$687,000
Oct 1, 2024
Source: Maine Listings #1603368
Pending
$725,000
Sep 11, 2024
Source: Maine Listings #1603368
Listed For Sale
$725,000

Market trends in Gorham

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

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 "
  • 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. "
  • 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. "
  • 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 "
  • 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!"

LGBTQ Local Legal Protections

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

Frequently asked questions about 197 Brackett Road

  • What is 197 Brackett Road estimated to be worth?
    Trulia's estimated value for 197 Brackett Road in Gorham, ME is $695,100.
  • What is the price history for 197 Brackett Road?
    197 Brackett Road in Gorham, ME last sold for $687,000 in October 2024.
  • 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.
  • Does 197 Brackett Road have parking?
    Yes, 197 Brackett Road in Gorham, ME has on-site parking.

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