388 Ossipee Trail E, Gorham, ME 04038
Property image
Property image
SOLD
NOV 5, 2025

388 Ossipee Trail E
Gorham, ME 04038

  • 2 Beds
  • 1 Bath
  • 1,110 sqft (on 0.99 acres)

$360,000

Last Sold: Nov 5, 2025
4% below list $375K
$324/sqft
Est. Refi. Payment $2,182/mo*

$360,000

Last Sold: Nov 5, 2025
4% below list $375K
$324/sqft
Est. Refi. Payment $2,182/mo*
2 Beds
1 Bath
1,110 sqft
(on 0.99 acres)

Home Value

Trulia Estimate
$367K
Since last month
Decreased$2K (-0.6%)
Since last year
Decreased$4K (-1.2%)
Since last sale
Increased$6K (+1.7%)
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 decreased by -5% in the last 10 years
MonthEstimated value
2026
August 2026$366K
July 2026$368K
June 2026$372K
May 2026$373K
April 2026$369K
March 2026$364K
February 2026$362K
January 2026$362K
2025

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
0.03
Single-Family Home
$360,000
11/06/25
3
1
1,110
0.40
Single-Family Home
$455,000
07/15/26
3
1
1,587
0.39
Single-Family Home
$555,000
09/19/25
3
2
1,678
0.91
Single-Family Home
$277,200
03/18/26
3
1
1,491
1.08
Single-Family Home
$415,000
10/30/25
3
1
1,036
0.63
Single-Family Home
$401,500
07/23/26
4
1.5
1,488
1.20
Single-Family Home
$430,000
08/29/25
3
1
864

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
0.03
$370,900
3
1
1,152
Off Market
0.03
$360,000
3
1
1,110
Recently Sold
0.08
$517,300
5
2
2,500
Off Market
0.24
$665,900
4
2.5
2,656
Off Market
0.31
$974,000
3
4
3,968
Recently Sold
0.39
$567,000
3
2
1,678
Off Market
0.40
$455,000
3
1
1,587
Recently Sold
0.41
$464,400
2
2
2,272
Off Market
0.41
$414,100
2
2
2,027
Off Market
0.53
$313,500
2
1
832
Off Market
0.54
$653,300
3
2
1,735
Off Market

Local Information

  • Map ViewExplore the area around 388 Ossipee Trail E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1949
Lot Size
0.99 acres
Living Area
1,110 sqft
Price/Sqft
$324/sqft
Parking
1 Car Garage
Last check for updates: about 4 hours ago
Listed by Spectrum Real Estate
Bought with: Portside Real Estate Group
Source: Maine Listings, MLS#1629191

About this House

Stop Searching... this Is The One! Why settle when you can have it all? This fully updated Cape is more than just a home, it's the lifestyle upgrade you've been waiting for. Perfectly situated on a private, tree-lined lot, this property delivers peace and privacy without sacrificing convenience. Step inside and be impressed by a bright, modern kitchen with sleek white cabinetry, stainless steel appliances, butcher block counters, and luxury vinyl floors that look stunning and stand up to everyday life. Sun-drenched rooms with replacement windows that bring the outdoors in, creating the kind of warmth and energy you'll love coming home to. But the real showstopper? The backyard oasis!!! Imagine summer BBQs, evenings under the stars, or a garden that finally has room to grow. Add in the attached garage and you've got a turnkey package that buyers dream about, but rarely find. Location? Ideal. You'll be minutes from amenities, yet tucked away enough to feel like your own retreat. Let's make this place your home today.
388 Ossipee Trail E, Gorham, ME 04038 is a 2 bedroom, 1 bathroom, 1,110 sqft single-family home built in 1949. It last sold for $360,000 on Nov 5, 2025 (4% below the $374,900 asking price). It is currently off market. The Trulia Estimate is $366,500, with a rent estimate of $2,667/month.

Home Details for 388 Ossipee Trail E

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5Types of Rooms: Bedroom 1, Bedroom 2, Kitchen, Living Room, Mud Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1110 Square Feet
Appliances & Utilities
Utilities: Utilities OnAppliances: Cooktop, Refrigerator, Wall OvenRefrigerator
Heating & Cooling
Heating: Baseboard,ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Luxury Vinyl
Levels, Entrance, & Accessibility
Levels: Multi/SplitFloors: Luxury Vinyl
View
Has a ViewView: Fields

Exterior Features

Exterior Home Features
Roof: Composition Pitched ShinglePatio / Porch: PorchOther Structures: Outbuilding, Shed(s)Foundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Gravel,1 - 4 Spaces,On Site,Off Street,Storage
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 1110 Square Feet

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape Cod
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $374,900Price Per Sqft: $324/sqft
Status Change & Dates
Off Market Date: Sat Sep 20 2025

Location

Direction & Address
City: Gorham
School Information
High School District: Gorham Public Schools

Building

Building Area
Building Area: 1110 Square Feet

Lot Information

Lot Area: 0.99 acres

Miscellaneous

Mls Number: 1629191Above Grade Unfinished Area: 1110

Price and Tax history

DateEventPrice
Nov 5, 2025
Source: Maine Listings #1629191
Sold
$360,000
Sep 23, 2025
Source: Maine Listings #1629191
Pending
$374,900
Sep 15, 2025
Source: Maine Listings #1629191
PriceChange
$374,900
Price decreased by 1%
Aug 23, 2025
Source: Maine Listings #1629191
PriceChange
$379,900
Price decreased by 1%
Aug 19, 2025
Source: Maine Listings #1629191
PriceChange
$384,900
Price decreased by 1%

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
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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!"

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Apartments for Rent

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Homes for sale near 388 Ossipee Trail E

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Off Market Homes Near 388 Ossipee Trail E

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Frequently asked questions about 388 Ossipee Trail E

  • What is 388 Ossipee Trail E estimated to be worth?
    Trulia's estimated value for 388 Ossipee Trail E in Gorham, ME is $366,500.
  • What is the price history for 388 Ossipee Trail E?
    388 Ossipee Trail E in Gorham, ME last sold for $360,000 in November 2025.
  • 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.
  • How big is the lot at 388 Ossipee Trail E?
    The lot at 388 Ossipee Trail E in Gorham, ME is about 0.99 acres (43,124 sq ft).
  • Does 388 Ossipee Trail E have a garage?
    Yes, 388 Ossipee Trail E in Gorham, ME has an attached garage.
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.
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