516 Main Road, Phippsburg, ME 04562
Property image
Property image
OFF MARKET

516 Main Road
Phippsburg, ME 04562

  • 2 Beds
  • 1.5 Baths
  • 2,694 sqft

$329,500

Trulia Estimate
as of Jul 15, 2026

$329,500

Trulia Estimate
as of Jul 15, 2026
2 Beds
1.5 Baths
2,694 sqft

Local Information

  • Map ViewExplore the area around 516 Main Road.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 8 hours ago
Listed by RE/MAX Riverside
Bought with: Vitalius Real Estate Group, LLC
Source: Maine Listings, MLS#1450300

Description

Since 1888 this historic landmark has been part of the Phippsburg community and known as the Dromore Grange. Over the past several years it has been lovingly restored and the last use was the seasonal Drummore Bay Concert Hall with private owners space on the 1st floor now being AirBnB space and on the 2nd level which currently is 1 huge open loft style living/bedroom/kitchen and bath that with a few walls could accommodate 4 bedrooms. Current offering includes many furnishings .
With town approval, updates property could possibly also accommodate a 4 bdrm home, retail or gallery space, summer rental, small eatery...endless possibilities. Newer well, septic, updated wiring, landscaping and more. Handicapped accessible for 1st floor living, lovely yard and plenty of parking....lets not forget the miles and miles of public beaches just down the road!
516 Main Road, Phippsburg, ME 04562 is a 2 bedroom, 2 bathroom, 2,694 sqft single-family home built in 1888. It last sold for $190,000 on Dec 11, 2020 (17% below the $229,000 asking price). It is currently off market. The Trulia Estimate is $329,500, with a rent estimate of $2,452/month.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 516 Main Road

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 4Types of Rooms: Bedroom 1, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2694 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, WasherDishwasherMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Space HeaterHas CoolingHas HeatingHeating Fuel: Space Heater
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Accessibility: 32 - 36 Inch Doors, Level EntryFloors: Wood
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PorchFoundation: Stone, Pillar/Post/PierNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,5 - 10 Spaces
Frontage
Not on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 2694 Square Feet

Property Information

Year Built
Year Built: 1888
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: New Englander
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $229,000
Status Change & Dates
Off Market Date: Sat Sep 19 2020

Location

Direction & Address
City: Phippsburg

Building

Building Area
Building Area: 2694 Square Feet

Lot Information

Lot Area: 10018.8 sqft

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 1450300Above Grade Unfinished Area: 2694

Price History for 516 Main Road

DatePriceEventSource
12/11/2020$190,000Sold
Maine Listings #1450300
10/24/2013$50,000Sold
Maine Listings #1060555

Market trends in Phippsburg

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
14
4
MoM
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Comparable Sales for 516 Main Road

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$485,000
09/05/25
3
1
2,736
1.20
Single-Family Home
$365,000
02/13/26
2
2
1,120
1.13
Single-Family Home
$350,000
05/01/26
3
3.5
4,200
1.26
Single-Family Home
$465,000
06/17/26
2
2
1,344
1.15
Single-Family Home
$1,550,000
05/22/26
3
3
2,600
1.49
Single-Family Home
$530,000
11/10/25
2
2.5
2,000
1.73
Single-Family Home
$290,000
12/19/25
2
2
1,008
1.38
Single-Family Home
$475,000
10/31/25
3
1.5
1,338
1.13
Single-Family Home
$2,400,000
06/29/26
4
2.5
4,800

Nearby homes

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What Locals Say about Phippsburg

At least 1 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say there's holiday spirit

  • 100 % Say car is needed

  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 71 % Say neighbors are friendly

  • 50 % Say yards are well-kept

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say kids play outside

  • 50 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 Main Road

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Off Market Homes Near 516 Main Road

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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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