Would people walk alone at night in Gorham, ME?

As of early 2026, 93% of users say people would walk alone at night

Are yards well-kept in Gorham, ME?

As of early 2026, 90% of users say yards are well-kept

Is parking easy in Gorham, ME?

As of early 2026, 88% of users say parking is easy

Is there wildlife in Gorham, ME?

As of early 2026, 87% of users say there's wildlife

Is a car needed in Gorham, ME?

As of early 2026, 83% of users say car is needed

Is Gorham, ME dog-friendly?

As of early 2026, 82% of users say it's dog friendly

Does Gorham, ME show holiday spirit?

As of early 2026, 81% of users say there's holiday spirit

Do kids play outside in Gorham, ME?

As of early 2026, 77% of users say kids play outside

Are neighbors friendly in Gorham, ME?

As of early 2026, 66% of users say neighbors are friendly

Do residents of Gorham, ME plan to stay at least 5 years?

As of early 2026, 60% of users say they plan to stay for at least 5 years

As of early 2026, 56% of users say it's quiet

Is Gorham, ME walkable to restaurants?

As of early 2026, 47% of users say it's walkable to restaurants

Is Gorham, ME walkable to grocery stores?

As of early 2026, 44% of users say it's walkable to grocery stores

Does Gorham, ME have sidewalks?

As of early 2026, 36% of users say there are sidewalks

Are there community events in Gorham, ME?

As of early 2026, 34% of users say there are community events

Are the streets well-lit in Gorham, ME?

As of early 2026, 28% of users say streets are well-lit

What is the estimated monthly payment for 502 Ossipee Trail E?

Based on a $440,000 list price with 20% down at today's rates, the estimated monthly payment for 502 Ossipee Trail E in Gorham, ME is approximately $2,734 (about $2,300 principal & interest, $359 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.

How does the list price for 502 Ossipee Trail E compare to homes in Gorham?

502 Ossipee Trail E in Gorham, ME is listed at $440,000, about 29% below the $616K median sale price in Gorham .

What do residents say about Gorham?

Residents describe Gorham, ME as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Gorham, ME .

What are the closest schools to 502 Ossipee Trail E?

The closest schools to 502 Ossipee Trail E in Gorham, ME are Gorham High School (rated 9/10), Gorham Middle School (rated 8/10), Village Elementary School-Gorham (rated 7/10).

How big is the lot at 502 Ossipee Trail E?

The lot at 502 Ossipee Trail E in Gorham, ME is about 1.5 acres .

Does 502 Ossipee Trail E have parking?

Yes, 502 Ossipee Trail E in Gorham, ME has on-site parking.

FOR SALE

1.5 ACRES

502 Ossipee Trail E
Gorham, ME 04038

3 Beds
2.5 Baths
2,357 sqft (on 1.50 acres)

$440,000

Est. Mortgage $2,650/mo*

Get Pre-Qualified

$440,000

Est. Mortgage $2,650/mo*

Get Pre-Qualified

3 Beds

2.5 Baths

2,357 sqft

(on 1.50 acres)

We estimate this home will sell faster than 98% nearby.

Home Highlights

Outdoor

Deck

Climate Control

Heating only

Price/Sqft

$187

Listed

7 days ago

Local Information

Map ViewExplore the area around 502 Ossipee Trail E.
Schools1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Last check for updates: about 3 hours ago

Listing courtesy of EXP Realty

Source: Maine Listings, MLS#1675597

Also Listed on Maine Listings, eXp Realty.

About this House

A rare opportunity in Gorham! Set on approximately 1.5 acres, 502 Ossipee Trail combines a 3-bedroom, 2-bath with a bonus room Cape with a full basement, finished two-story accessory building, expansive paved parking, and a large fenced backyard. The result is a distinctive property offering exceptional flexibility for an owner-operator, entrepreneur, or anyone who needs more room to live, work, create, or grow.

Formerly operated as a daycare, the detached accessory building offers infrastructure rarely found with a residential property, including finished space on both levels, existing plumbing, sinks, restroom facilities, and upper-level flex space. Subject to applicable approvals, possibilities may include conversion to an accessory apartment, renewed childcare use, or a qualifying resident-operated home occupation such as a professional office, personal-service or wellness space, instructional studio, creative workspace, or contractor's office. It could also provide valuable space for hobbies, storage, recreation, or other residential accessory uses.

The expansive paved parking area provides convenient access and room for multiple vehicles, while the spacious fenced backyard offers useful outdoor space. The main residence provides approximately 1,166 square feet of living area. Recent infrastructure improvements include a new boiler and electrical panel. The property has also been fully cleared out, giving the next owner a straightforward starting point for painting, cosmetic improvements, and personalization.

For someone maintaining separate home and workspace expenses, this property presents the possibility of bringing both together at one address. Live where you work, invest in your own property rather than continuing to lease separate space, and enjoy the flexibility to adapt as your needs evolve.

Bring your ideas and discover what this unique Gorham property could become.

We estimate this home will sell faster than 98% nearby.

Home Details for 502 Ossipee Trail E

Active Status
MLS Status: Active

Interior Features
Interior Details Basement: Bulkhead,Interior Entry,FullNumber of Rooms: 8Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Kitchen, Living Room, Other Room, Other Room 2
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout Living Area: 2357 Square Feet
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, Luxury Vinyl
Levels, Entrance, & Accessibility Levels: Multi/SplitFloors: Carpet, Luxury Vinyl
View Has a ViewView: Trees/Woods
Security Security: Fire System

Exterior Features
Exterior Home Features Roof: ShinglePatio / Porch: DeckFoundation: Poured ConcreteNo Private Pool
Parking & Garage No CarportNo GarageNo Attached GarageParking: Paved,5 - 10 Spaces,On Site,Off Street
Frontage Road Surface Type: PavedNot on Waterfront
Water & Sewer Sewer: Private Sewer
Finished Area Finished Area (above surface): 2357 Square Feet

Days on Market
Days on Market: 7

Property Information
Year Built Year Built: 1977
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape Cod
Building Construction Materials: Wood Frame, Clapboard

Price & Status
Price List Price: $440,000Price Per Sqft: $187

Location
Direction & Address City: Gorham

Agent Information
Listing Agent Listing ID: 1675597

Building
Building Area Building Area: 2357 Square Feet

Lot Information
Lot Area: 1.5 Acres

Miscellaneous
BasementMls Number: 1675597Above Grade Unfinished Area: 2357

Market trends in Gorham

Last updated July 2026

Avg. sale price

$616K

$22KMoM

Sale-to-List Price

103.1%

Price per sq ft

$316

$4MoM

Available listings

3MoM

Price and Tax history

Date	Event	Price
Aug 10, 2026 Source: Maine Listings #1675597	Listed For Sale	$440,000
Oct 24, 2000 Source: N/A	Sold	$137,900

Year	Property tax	Tax assessment
2024	$5,524	$375,800

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Home Value

Trulia Estimate

$459K

Since last month

$81K (-15.2%)

Since last year

$64K (-12.3%)

Since last sale

$318K (+230.3%)

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 +70% in the last 10 years

Month	Estimated value
2026
August 2026	$456K
July 2026	$537K
June 2026	$543K
May 2026	$544K
April 2026	$553K
March 2026	$530K
February 2026	$527K
January 2026	$527K
2025
December 2025	$531K
November 2025	$529K
October 2025	$509K
September 2025	$520K
August 2025	$519K
July 2025	$542K
June 2025	$529K
May 2025	$528K
April 2025	$519K
March 2025	$519K
February 2025	$501K
January 2025	$497K
2024
December 2024	$504K
2023
November 2023	$360K
October 2023	$487K
September 2023	$490K
August 2023	$495K
July 2023	$503K
June 2023	$497K
May 2023	$487K
April 2023	$469K
March 2023	$449K
February 2023	$428K
January 2023	$420K
2022
December 2022	$419K
November 2022	$429K
October 2022	$434K
September 2022	$435K
August 2022	$442K
July 2022	$455K
June 2022	$459K
May 2022	$456K
April 2022	$440K
March 2022	$432K
February 2022	$413K
January 2022	$406K
2021
December 2021	$402K
November 2021	$399K
October 2021	$402K
September 2021	$411K
August 2021	$417K
July 2021	$429K
June 2021	$410K
May 2021	$395K
April 2021	$378K
March 2021	$338K
February 2021	$335K
January 2021	$333K
2020
December 2020	$327K
November 2020	$321K
October 2020	$315K
September 2020	$311K
August 2020	$309K
July 2020	$311K
June 2020	$319K
May 2020	$322K
April 2020	$320K
March 2020	$313K
February 2020	$304K
January 2020	$301K
2019
December 2019	$304K
November 2019	$305K
October 2019	$297K
September 2019	$291K
August 2019	$285K
July 2019	$280K
June 2019	$276K
May 2019	$278K
April 2019	$274K
March 2019	$280K
February 2019	$279K
January 2019	$275K
2018
December 2018	$278K
November 2018	$279K
October 2018	$274K
September 2018	$274K
August 2018	$276K
July 2018	$281K
June 2018	$283K
May 2018	$289K
April 2018	$292K
March 2018	$290K
February 2018	$289K
January 2018	$286K
2017
December 2017	$268K
November 2017	$270K
October 2017	$272K
September 2017	$284K
August 2017	$281K
July 2017	$285K
June 2017	$277K
May 2017	$276K
April 2017	$276K
March 2017	$267K
February 2017	$267K
January 2017	$269K
2016
December 2016	$286K
November 2016	$288K
October 2016	$286K
September 2016	$276K
August 2016	$267K

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
203 Dingley Spring Road, Gorham, ME	0.56	Single-Family Home	$401,500	07/23/26	4	1.5	1,488
223 Dingley Spring Road, Gorham, ME	0.68	Single-Family Home	$765,000	05/06/26	3	2.5	3,204
250 Dingley Spring Road, Gorham, ME	0.91	Single-Family Home	$595,000	07/20/26	4	3	2,161
135 Buck Street, Gorham, ME	0.76	Single-Family Home	$465,000	12/17/25	3	1.5	2,164
116 Dingley Spring Road, Gorham, ME	0.74	Single-Family Home	$277,200	03/18/26	3	1	1,491
24 Gloria Street, Gorham, ME	0.99	Single-Family Home	$607,900	07/30/26	4	2.5	2,434
42 Brandons Way, Gorham, ME	0.84	Single-Family Home	$679,000	03/30/26	3	2	1,904
32 Jennifer Way, Gorham, ME	1.05	Single-Family Home	$555,000	09/19/25	3	2	1,678
37 Shaws Mill Road, Gorham, ME	0.95	Single-Family Home	$455,000	07/15/26	3	1	1,587
152 Blake Road, Standish, ME	0.95	Single-Family Home	$438,500	07/17/26	3	1	1,635

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
508 Ossipee Trail Trail E, Gorham, ME 04038	0.05	$391,800	3	1	1,111	Off Market
518 Ossipee Trail E, Gorham, ME 04038	0.12	$1,500,000	20	9	4,640	Recently Sold
Lot #6 JDP Drive, Gorham, ME 04038	0.20	-	-	-	-	Off Market
Lot #12 JDP Drive, Gorham, ME 04038	0.22	-	-	-	-	Off Market
Lot #10 JDP Drive, Gorham, ME 04038	0.23	-	-	-	-	Off Market
469 Ossipee Trail E, Gorham, ME 04038	0.26	$387,000	2	1	1,170	Off Market
200 Ossipee Trail E, Standish, ME 04084	0.29	-	-	-	-	Off Market
200 Ossipee Trail W, Standish, ME 04084	0.30	-	-	-	-	Off Market
Lot #5 Buck Street, Gorham, ME 04038	0.30	-	-	-	-	Off Market
51 Buck Street, Gorham, ME 04038	0.31	$681,300	3	2.5	1,768	Off Market
61 Buck Street, Gorham, ME 04038	0.33	$770,200	4	2.5	1,997	Off Market

Around this home

Village Elementary School-Gorham
K-5
Public
392 Students
Gorham Public Schools
7/10
GreatSchools Rating
Parent Rating Average
My child has had a great experience at Village. There are certainly opportunities for parents to get involved with their child's educational goals and needs. Meetings are held monthly for parents to learn about what's happening in the schools and give their input.
Parent Review
2y ago
6 Reviews

View nearby schools on GreatSchools

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
Resident
1mo ago
"great place to live "
0
Flag
M. B.
Resident
7y ago
"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. "
3
Flag
Wilson d.
Resident
8y ago
"I lived here for twenty years. The neighbours are very friendly and helpful. This is one of the best communities in southern Maine. "
2
Flag
Guitahguy22
Resident
8y ago
"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 "
8
Flag
Marion R.
14y ago
"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!"
4
Flag

LGBTQ Local Legal Protections

Frequently asked questions about 502 Ossipee Trail E

What is the estimated monthly payment for 502 Ossipee Trail E?
Based on a $440,000 list price with 20% down at today's rates, the estimated monthly payment for 502 Ossipee Trail E in Gorham, ME is approximately $2,734 (about $2,300 principal & interest, $359 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
How does the list price for 502 Ossipee Trail E compare to homes in Gorham?
502 Ossipee Trail E in Gorham, ME is listed at $440,000, about 29% below the $616K median sale price in Gorham.
What do residents say about Gorham?
Residents describe Gorham, ME as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Gorham, ME.
What are the closest schools to 502 Ossipee Trail E?
The closest schools to 502 Ossipee Trail E in Gorham, ME are Gorham High School (rated 9/10), Gorham Middle School (rated 8/10), Village Elementary School-Gorham (rated 7/10).
How big is the lot at 502 Ossipee Trail E?
The lot at 502 Ossipee Trail E in Gorham, ME is about 1.5 acres.
Does 502 Ossipee Trail E have parking?
Yes, 502 Ossipee Trail E in Gorham, ME has on-site parking.

EXP Realty

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Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

502 Ossipee Trail E, Gorham, ME 04038 is a 3 bedroom, 3 bathroom, 2,357 sqft single-family home built in 1977. This property is currently available for sale and was listed by Maine Listings on Aug 10, 2026. The MLS # for this home is MLS# 1675597.

502 Ossipee Trail E
Gorham, ME 04038

$440,000