40 Settlers Way, Gorham, ME 04038
Property image
Property image
OFF MARKET

40 Settlers Way
Gorham, ME 04038

  • 3 Beds
  • 3 Baths
  • 2,874 sqft (on 1.38 acres)

$753,800

Trulia Estimate
as of Jul 31, 2026

$753,800

Trulia Estimate
as of Jul 31, 2026
3 Beds
3 Baths
2,874 sqft
(on 1.38 acres)

Local Information

  • Map ViewExplore the area around 40 Settlers Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
1.38 acres
Living Area
2,874 sqft
Price/Sqft
$262
Parking
Garage

About this House

Gorgeous custom-built expanded Cape in sought after Fort Hill Farms neighborhood. Updates include: ducted heat pumps, granite counters, appliances, refinished baths, and Anderson Renewal windows. Refinished wood floors, lge. FR w/WS & bonus room. 2 Car gar., 1.40 well landscaped ac., & invis. dog fence.
40 Settlers Way, Gorham, ME 04038 is a 3 bedroom, 3 bathroom, 2,874 sqft single-family home built in 1987. It last sold for $483,000 on Jan 14, 2021. It is currently off market. The Trulia Estimate is $753,800, with a rent estimate of $4,542/month.

Home Details for 40 Settlers Way

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Walk In Closet, Dining Room, Family Room, Master Bath, Office, Recreation RoomCeiling Fan
Heating & Cooling
Heating: Forced Air, Heat Pump, Stove, Electric, Wood PelletAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Softwood, Tile, Carpet, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodGardenLawnPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 1987Year Updated: 1999
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Community

Units in Building: 1

Lot Information

Lot Area: 1.38 acres

Price History for 40 Settlers Way

DatePriceEventSource
01/14/2021$483,000Sold
Maine Listings #1477494
12/11/2020$480,000PendingToActiveAgent Provided
12/03/2020$480,000PendingAgent Provided
12/03/2020$480,000Listed For SaleAgent Provided
07/25/2019$408,000Sold
Maine Listings #1410706
07/09/2019$449,000PendingAgent Provided
04/18/2019$449,000Listed For SaleAgent Provided
08/01/2012$327,000Sold
Maine Listings #1028418
06/17/2012$329,899PriceChange
Agent Provided
03/20/2012$339,900PriceChange
Agent Provided
02/25/2012$350,000Listed For SaleAgent Provided

Market trends in Gorham

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$594K
$21.67K
MoM
Sale-to-List Price
Price per sq ft
$313
$5
MoM
Available listings
43
8
MoM
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Property Tax and Assessment

Year2024
Tax$9,101
Assessment$619,100
Home facts updated by county records

Comparable Sales for 40 Settlers Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Single-Family Home
$815,000
07/23/26
4
3.5
3,000
0.51
Single-Family Home
$1,100,000
04/14/26
4
3.5
3,414
0.27
Single-Family Home
$397,300
07/13/26
2
1
1,178
0.80
Single-Family Home
$710,000
06/25/26
3
2.5
1,890
0.93
Single-Family Home
$720,000
05/11/26
3
3.5
2,624
0.36
Single-Family Home
$353,000
10/20/25
1
1.5
784
0.75
Single-Family Home
$751,000
10/24/25
3
2
1,974
1.08
Single-Family Home
$750,000
02/09/26
4
3.5
3,893
1.29
Single-Family Home
$536,000
10/30/25
3
2
2,431
1.25
Single-Family Home
$700,500
10/15/25
5
3.5
2,924

Nearby homes

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Assigned Schools

These are the assigned schools for 40 Settlers Way.
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 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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