40 Main Street, Limerick, ME 04048
Property image
Property image
FOR SALE
NEW - 3 HRS AGO
1.2 ACRES

40 Main Street
Limerick, ME 04048

  • 14 Beds
  • 11 Baths
  • 3,770 sqft (on 1.20 acres)

$750,000

Est. Mortgage $4,491/mo*

$750,000

Est. Mortgage $4,491/mo*
14 Beds
11 Baths
3,770 sqft
(on 1.20 acres)

Home Highlights

Outdoor
Porch, Deck
Climate Control
Heating & Cooling
Price/Sqft
$199
Listed
Less than a day ago

Local Information

  • Map ViewExplore the area around 40 Main Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 6 hours ago
Listing courtesy of Portside Real Estate Group
Source: Maine Listings, MLS#1674467
Also Listed on Maine Listings.

About this House

Exceptional income producing property offering multiple revenue streams and outstanding flexibility in York County, Maine. The Jeremiah Mason House is an unique investment opportunity that includes a historic 10-bedroom main residence along with a carriage house converted into three rental units, creating a rare opportunity for investors or owner-occupants seeking both income and long term upside.

The property currently generates approximately $138,000 in annual gross revenue through its existing mix of hospitality and rental operations. The carriage house provides diversified rental income, while the expansive main home offers additional opportunities for owner occupancy, expanded lodging, or other residential income uses, subject to needs and applicable approvals.

Situated on a beautifully maintained lot with generous outdoor space, mature landscaping, and a charming chicken and duck coop, the property offers amenities that enhance both guest and tenant appeal.

Conveniently located approximately 40 minutes from the Maine coast and Portsmouth, New Hampshire, and under and hour to Portland this property benefits from strong regional tourism while also serving long-term housing and rental demand.

Whether you're looking to expand your investment portfolio, offset owner occupancy costs with rental income, or maximize the property's existing revenue potential, this is a rare opportunity to acquire a well established, income producing asset with significant room for future growth.

Home Details for 40 Main Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Bulkhead,Interior Entry,Walk-Out Access,Full,Unfinished
Beds & Baths
Number of Bedrooms: 14Number of Bathrooms: 15Number of Bathrooms (full): 11
Dimensions and Layout
Living Area: 3770 Square Feet
Heating & Cooling
Heating: Direct Vent Heater,Forced Air,ZonedHas CoolingAir Conditioning: Heat Pump,Window Unit(s)Has HeatingHeating Fuel: Direct Vent Heater
Gas & Electric
Electric: Circuit Breakers, Generator Hookup
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl, Wood
Levels, Entrance, & Accessibility
Stories: 3Accessibility: 32 - 36 Inch DoorsFloors: Carpet, Vinyl, Wood

Exterior Features

Exterior Home Features
Roof: Metal Shingle SlatePatio / Porch: Deck, PorchFoundation: Granite, Brick/MortarNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Paved,11 - 20 Spaces,Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3410 Square FeetFinished Area (below surface): 360 Square Feet

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1859
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Post & BeamArchitecture: Greek Revival
Building
Construction Materials: Masonry, Wood Frame, Brick, Clapboard
Property Information
Not Included in Sale: list can be provided

Price & Status

Price
List Price: $750,000Price Per Sqft: $199

Location

Direction & Address
City: Limerick

Agent Information

Listing Agent
Listing ID: 1674467

Building

Building Area
Building Area: 3770 Square Feet

Lot Information

Lot Area: 1.2 Acres

Miscellaneous

BasementMls Number: 1674467Above Grade Unfinished Area: 3410

Market trends in Limerick

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
19
1
MoM

Price History for 40 Main Street

DatePriceEventSource
08/02/2026$750,000Listed For SaleMaine Listings #1674463
03/11/2026$1,285ListingRemovedZillow Rentals
03/03/2026$1,285PriceChange
Zillow Rentals
02/04/2026$1,325PriceChange
Zillow Rentals
01/25/2026$1,450Listed For RentZillow Rentals
12/07/2025$1,325ListingRemovedZillow Rentals
11/23/2025$1,325PriceChange
Zillow Rentals
11/11/2025$1,350PriceChange
Zillow Rentals
10/10/2025$1,395PriceChange
Zillow Rentals
10/07/2025$1,450Listed For RentZillow Rentals
07/23/2025$1,450ListingRemovedZillow Rentals
07/10/2025$1,450PriceChange
Zillow Rentals
07/06/2025$1,495PriceChange
Zillow Rentals
06/17/2025$1,550Listed For RentZillow Rentals
09/13/2024$1,400ListingRemovedZillow Rentals
07/28/2024$1,400Listed For RentZillow Rentals
10/03/2019$375,000Sold
Maine Listings #1354376
08/26/2019$385,000PendingAgent Provided
08/20/2019$385,000PendingToActiveAgent Provided
08/12/2019$385,000PendingAgent Provided
08/12/2019$385,000PendingToActiveAgent Provided
08/12/2019$385,000PendingAgent Provided
08/09/2019$385,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$6,418
Assessment$675,536
Home facts updated by county records

Comparable Sales for 40 Main Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5.42
Multi-Family Home
$1,082,500
05/22/26
6
4
4,608

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 40 Main Street.
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 Limerick

At least 3 Trulia users voted on each feature.
  • 100 % Say there's wildlife

  • 100 % Say it's dog friendly

  • 100 % Say kids play outside

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 100 % Say car is needed

  • 83 % Say there's holiday spirit

  • 67 % Say it's walkable to restaurants

  • 56 % Say streets are well-lit

  • 53 % Say neighbors are friendly

  • 50 % Say there are sidewalks

  • 43 % Say people would walk alone at night

  • 38 % Say they plan to stay for at least 5 years

  • 33 % Say it's quiet

  • 29 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Themahaffeyclan
    "There are lots of trails we take our dogs down, and we also have access to the lake to take them swimming. They love it."
  • nicolefecteau
    "This is a great area to build as it is near the lakes, hiking, skiing, the coast and the city of Portland. Emery Corner Rd. is a beautiful and quiet road with a blueberry and apple orchard close by. The lot is near a very pleasant overlook and has small town amenities. "
  • Cartisano
    "Limerick is a wonderful small Maine town. Lake Arrowhead is a quiet lake with an unspoiled feel. The lake is great for fishing, water skiing, and general boating. If you want some excitement, Portland is less than an hour away. "
  • Emcarl07
    "Beautiful little lake, kid friendly but not too noisy for retired folks either. Far enough and close enough at the same time"

LGBTQ Local Legal Protections

Portside Real Estate Group
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
40 Main Street, Limerick, ME 04048 is a 14 bedroom, 15 bathroom, 3,770 sqft multi-family built in 1859. This property is currently available for sale and was listed by Maine Listings on Aug 2, 2026. The MLS # for this home is MLS# 1674467.