$750,000
14 Beds
11 Baths
3,770 sqft (on 1.20 acres)
40 Main Street, Limerick, ME 04048
Est. Mortgage $4,667/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1859
1.2 acre lot
$199/sqft
Local Information
- Map ViewExplore the area around 40 Main Street.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Last check for updates: about 11 hours ago
Listing courtesy of Portside Real Estate Group
Source: Maine Listings, MLS#1674467
About this House
Offered as a fully operational, turnkey hospitality property, Jeremiah Mason House Bed and Breakfast remains open, actively welcoming guests, and accepting future reservations throughout the sale process. 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 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
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MLS Status: Active |
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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 |
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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 |
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Days on Market: 45 |
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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 |
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Price List Price: $750,000Price Per Sqft: $199 |
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Direction & Address City: Limerick |
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Listing Agent Listing ID: 1674467 |
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Building Area Building Area: 3770 Square Feet |
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Lot Area: 1.2 Acres |
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BasementMls Number: 1674467Above Grade Unfinished Area: 3410 |
Around this home
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.
Market trends in Limerick
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
11
2MoM
Home Value
Trulia Estimate
$713KSince last month
Increased$98K (+15.9%)Since last year
Increased$141K (+24.6%)Since last sale
Increased$336K (+89.7%)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 +159% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $711K |
| August 2026 | $715K |
| July 2026 | $614K |
| June 2026 | $653K |
| May 2026 | $610K |
| April 2026 | $609K |
| March 2026 | $615K |
| February 2026 | $598K |
| January 2026 | $599K |
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 |
|---|---|---|---|---|---|---|---|
5.42 | Multi-Family Home | $1,082,500 | 05/22/26 | 6 | 4 | 4,608 |
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 |
|---|---|---|---|---|---|---|
0.06 | $217,300 | Studio | 0.5 | 645 | Off Market | |
0.08 | $364,000 | 3 | 1.5 | 1,050 | Off Market | |
0.10 | $225,000 | 3 | 1.5 | 1,464 | Recently Sold | |
0.11 | $253,900 | 2 | 1.5 | 1,344 | Off Market | |
0.16 | - | 3 | 1 | 804 | Off Market | |
0.20 | $487,500 | 6 | 4 | 3,164 | Off Market | |
0.20 | $310,000 | 5 | 2 | 2,890 | Recently Sold | |
0.25 | - | - | - | - | Off Market | |
0.39 | $665,800 | 4 | 3.5 | 3,510 | Off Market | |
0.51 | $529,200 | 3 | 3 | 2,064 | Off Market | |
0.55 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 2, 2026 Source: Maine Listings #1674463 | Listed For Sale | $750,000 |
Mar 11, 2026 Source: Zillow Rentals | ListingRemoved | $1,285 |
Mar 3, 2026 Source: Zillow Rentals | PriceChange | $1,285 Price decreased by 3% |
Feb 4, 2026 Source: Zillow Rentals | PriceChange | $1,325 Price decreased by 9% |
Jan 25, 2026 Source: Zillow Rentals | Listed For Rent | $1,450 |
Dec 7, 2025 Source: Zillow Rentals | ListingRemoved | $1,325 |
Nov 23, 2025 Source: Zillow Rentals | PriceChange | $1,325 Price decreased by 2% |
Nov 11, 2025 Source: Zillow Rentals | PriceChange | $1,350 Price decreased by 3% |
Oct 10, 2025 Source: Zillow Rentals | PriceChange | $1,395 Price decreased by 4% |
Oct 7, 2025 Source: Zillow Rentals | Listed For Rent | $1,450 |
Jul 23, 2025 Source: Zillow Rentals | ListingRemoved | $1,450 |
Jul 10, 2025 Source: Zillow Rentals | PriceChange | $1,450 Price decreased by 3% |
Jul 6, 2025 Source: Zillow Rentals | PriceChange | $1,495 Price decreased by 4% |
Jun 17, 2025 Source: Zillow Rentals | Listed For Rent | $1,550 |
Sep 13, 2024 Source: Zillow Rentals | ListingRemoved | $1,400 |
Jul 28, 2024 Source: Zillow Rentals | Listed For Rent | $1,400 |
Oct 3, 2019 Source: Maine Listings #1354376 | Sold | $375,000 |
Aug 26, 2019 Source: Agent Provided | Pending | $385,000 |
Aug 20, 2019 Source: Agent Provided | PendingToActive | $385,000 |
Aug 12, 2019 Source: Agent Provided | Pending | $385,000 |
Aug 12, 2019 Source: Agent Provided | PendingToActive | $385,000 |
Aug 12, 2019 Source: Agent Provided | Pending | $385,000 |
Aug 9, 2019 Source: Agent Provided | Listed For Sale | $385,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $6,418 | $675,536 |
Home facts updated by county records
LGBTQ Local Legal Protections
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
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
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Frequently asked questions about 40 Main Street
- What is the estimated monthly payment for 40 Main Street?Based on a $750,000 list price with 20% down at today's rates, the estimated monthly payment for 40 Main Street in Limerick, ME is approximately $4,737 (about $4,118 principal & interest, $544 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 40 Main Street?The closest schools to 40 Main Street in Limerick, ME are Line Elementary School (Pre-K, rated 5/10), Massabesic High School (rated 4/10), Massabesic Middle School (rated 6/10).
- What is 40 Main Street estimated to be worth?Trulia's estimated value for 40 Main Street in Limerick, ME is $712,500.
- Does 40 Main Street have air conditioning?Yes, 40 Main Street in Limerick, ME has air conditioning.
- Does 40 Main Street have parking?Yes, 40 Main Street in Limerick, ME has on-site parking.
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.