508 Ossipee Trail Trail E, Gorham, ME 04038
Property image
Property image
OFF MARKET

508 Ossipee Trail Trail E
Gorham, ME 04038

  • 3 Beds
  • 1 Bath
  • 1,111 sqft (on 1 acre)

$391,800

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $2,399/mo*

$391,800

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $2,399/mo*
3 Beds
1 Bath
1,111 sqft
(on 1 acre)

Home Value

Trulia Estimate
$392K
Since last month
Decreased$5K (-1.2%)
Since last year
Increased$21K (+5.6%)
Since last sale
Increased$24K (+6.5%)
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 +196% in the last 10 years
MonthEstimated value
2026
August 2026$392K
July 2026$392K
June 2026$397K
May 2026$392K
April 2026$388K
March 2026$384K
February 2026$381K
January 2026$385K
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
0.79
Single-Family Home
$277,200
03/18/26
3
1
1,491
1.15
Single-Family Home
$360,000
11/06/25
3
1
1,110
0.59
Single-Family Home
$401,500
07/23/26
4
1.5
1,488
1.13
Single-Family Home
$360,000
11/05/25
2
1
1,110
1.00
Single-Family Home
$455,000
07/15/26
3
1
1,587
0.94
Single-Family Home
$438,500
07/17/26
3
1
1,635
0.81
Single-Family Home
$465,000
12/17/25
3
1.5
2,164
1.44
Single-Family Home
$350,000
05/11/26
3
1
1,025
1.45
Single-Family Home
$466,000
06/11/26
3
1
1,008
1.35
Single-Family Home
$430,000
07/30/26
3
1
1,720

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
0.05
$440,000
3
2.5
2,357
For Sale
0.07
$1,500,000
20
9
4,640
Recently Sold
0.22
-
-
-
-
Off Market
0.22
-
-
-
-
Off Market
0.23
-
-
-
-
Off Market
0.24
-
-
-
-
Off Market
0.26
-
-
-
-
Off Market
0.31
$387,000
2
1
1,170
Off Market
0.31
-
-
-
-
Off Market
0.32
$681,300
3
2.5
1,768
Off Market
0.33
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 508 Ossipee Trail Trail E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Lot Size
1 acre
Living Area
1,111 sqft
Price/Sqft
$353
Parking
Garage
Last check for updates: about 19 hours ago
Listed by Verrill Real Estate, Inc
Bought with: EXP Realty
Source: Maine Listings, MLS#1601761

About this House

NEAR SEBAGO LAKE just minutes to one of the best lakes in Maine. as well as restaraunts, and shopping. 3 BR 1 bath home on open and sunny 1 acre lot. Newer 3 car garage and large paved driveway. Home has many updates, kitchen, flooring, large deck, appliances, large 3 car garage and more. Subject to seller closing on new home 11/14/24.
508 Ossipee Trail Trail E, Gorham, ME 04038 is a 3 bedroom, 1 bathroom, 1,111 sqft single-family home built in 1940. It last sold for $367,900 on Nov 25, 2024 (2% above the $359,900 asking price). It is currently off market. The Trulia Estimate is $391,800, with a rent estimate of $3,000/month.

Home Details for 508 Ossipee Trail Trail E

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Bulkhead,UnfinishedNumber of Rooms: 5Types of Rooms: Primary Bedroom, Bedroom 2, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1111 Square Feet
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Wood
Levels, Entrance, & Accessibility
Floors: Carpet, Wood

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: DeckNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Paved,5 - 10 Spaces
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 1111 Square Feet

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: New Englander
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $359,900
Status Change & Dates
Off Market Date: Mon Oct 14 2024

Location

Direction & Address
City: Gorham

Building

Building Area
Building Area: 1111 Square Feet

Lot Information

Lot Area: 1 Acres

Miscellaneous

BasementMls Number: 1601761Above Grade Unfinished Area: 1111

Price and Tax history

DateEventPrice
Nov 25, 2024
Source: Maine Listings #1601761
Sold
$367,900
Oct 31, 2024
Source: Maine Listings #1601761
Pending
$359,900
Oct 29, 2024
Source: Maine Listings #1601761
Contingent
$359,900
Oct 11, 2024
Source: Maine Listings #1601761
PriceChange
$359,900
Price decreased by 3%
Oct 2, 2024
Source: Maine Listings #1601761
PendingToActive
$369,900

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 508 Ossipee Trail Trail E

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Off Market Homes Near 508 Ossipee Trail Trail E

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Frequently asked questions about 508 Ossipee Trail Trail E

  • What is 508 Ossipee Trail Trail E estimated to be worth?
    Trulia's estimated value for 508 Ossipee Trail Trail E in Gorham, ME is $391,800.
  • What is the price history for 508 Ossipee Trail Trail E?
    508 Ossipee Trail Trail E in Gorham, ME last sold for $367,900 in November 2024.
  • 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.
  • Does 508 Ossipee Trail Trail E have laundry facilities?
    Yes, 508 Ossipee Trail Trail E in Gorham, ME has laundry facilities.
  • How big is the lot at 508 Ossipee Trail Trail E?
    The lot at 508 Ossipee Trail Trail E in Gorham, ME is about 1 acre.
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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