29 Pleasant Street, Newcastle, ME 04553

$899,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,300 Lot Size (sq. ft.): 39,204 Status: Active
Current Price: $899,000 List Date: 4/10/2026 Last Modified: 6/17/2026

Description

INSTANT EQUITY - PRICED WELL BELOW CURRENT APPRAISAL! This exceptional newly built home offers not only a luxurious lifestyle but also OUTSTANDING INCOME POTENTIAL. With 4-5 bedrooms, multiple gathering spaces, expansive decks, and access to the Damariscotta River only a mile away, it is ideally suited for weekly vacation rentals during Maine's highly sought-after summer season. Boaters, families, and visitors flock to the Midcoast each year, creating strong demand for large homes. Whether enjoyed as a private retreat or leveraged as an investment opportunity, this property has the potential to generate substantial seasonal rental income while continuing to appreciate in one of Maine's most desirable coastal locations. Set on a quiet dead-end road that offers privacy, minimal traffic, and a peaceful setting, this beautifully crafted home (including two ensuite bedrooms, one up, one down) offers luxury, comfort, and coastal charm. Designed with both everyday living and entertaining in mind, the home features a light-filled, open floor plan with a large living room complete with custom built-ins and a warm, inviting gas fireplace. The well-appointed kitchen is a standout, showcasing high-end appliances, quartz countertops, and ample space for gathering and meal preparation. The first-floor primary suite is a private retreat, offering a spacious bedroom, walk-in closet, and a spa-like bathroom with in-floor heat, a luxury shower and double vanity. Step outside to your own private deck--perfect for morning coffee or evening relaxation. Upstairs, you'll find 3 bedrooms that enjoy seasonal water views. A spectacular bonus room, connected by elegant French doors, offers endless possibilities--create a game room, home gym or media space. Within walking distance to downtown Damariscotta, 15 minutes to the beach and 1.5 hours to the Portland airport, this home has it all!

Supplements: ********

More Information MLS# 1656508

Property Sub-Type

Property Sub-Type: Single Family Residence

Location Information

Street #: 29 Street Name: Pleasant Street Type: Street County: Lincoln Town: Newcastle State/Province: ME Zip Code: 04553 Leased Land: No Book: 6053 Page: 136 Map: 11 Lot: 31-01 Zoning: Village Residential Zoning Overlay: No Association: No Full Tax Amount $: 2467 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.029416 Geo Lon: -69.544063

Contract Information

Status: Active Original List Price: 929000 List Price: $899,000 Current Price: $899,000

Property Information

Surveyed: No Seasonal: No # Rooms: 10 # Bedrooms: 4 # Fireplaces: 1 Total Full Baths: 3 Total Half Baths: 1 Total Baths: 4 Year Built: 2025 SqFt Finished Above Grade: 3300 SqFt Finished Total: 3300 SqFt Source: Seller Garage: Yes Garage Spaces: 2 Lot Size Acres +/-: 0.9 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: Yes Water Body Name: Damariscotta River

Appliances Included

Other Appliances: Whole House Generator

Vehicle Storage

Attached: 1

Property Features

Site: Cul-De-Sac; Level; Open Location: Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Near Town; Neighborhood; Subdivision Roads: Dead End; Paved; Public Water Body Type: River Recreational Water: Nearby View: Scenic Property Condition: New Construction Appliances Included: Dishwasher; Electric Range; Microwave; Refrigerator Kitchen Countertop: Quartz Style: Cape Cod Construction: Wood Frame Basement: Crawl Space Basement Entry: Interior Foundation Materials: Poured Concrete Roof: Shingle Exterior: Vinyl Siding Heat System: Heat Pump; Other Heat Fuel: Propane Water Heater: Electric Cooling: Heat Pump Floors: Ceramic Tile; Luxury Vinyl Window Features: Double Pane Windows Amenities: 1st Floor Bedroom; 1st Floor Primary Bedroom w/Bath; Bathtub; Laundry - 1st Floor; Laundry - Hookup; One-Floor Living; Pantry; Primary Bedroom w/Bath; Shower; Walk-in Closets Patio and Porch Features: Deck Equipment: Generator; Internet Access Available Driveway: Gravel Parking: 1 - 4 Spaces Vehicle Storage: 2 Car; Auto Door Opener; Direct Entry to Living; Heated Electric: Circuit Breakers Gas: No Gas Sewer: Private Sewer; Septic Design Available; Septic Tank Water: Private; Well

Room Information

Living Room Length: 22.00 Width: 18.00 Level: First Kitchen Length: 12.00 Width: 12.00 Level: First Primary Bedroom Length: 13.00 Width: 17.00 Level: First Bedroom 1 Length: 13.00 Width: 17.00 Level: Second Bedroom 2 Length: 10.00 Width: 17.00 Level: Second Bedroom 3 Length: 12.00 Width: 22.00 Level: Second Other Room Length: 15.00 Width: 12.00 Level: First Mud Room Length: 8.00 Width: 12.00 Level: First Dining Room Length: 8.00 Width: 12.00 Level: First Bonus Room Length: 19.00 Width: 33.00 Level: Second
Listing Office: Keller Williams Realty
Last Updated: June - 17 - 2026
29 Pleasant Street, Newcastle, ME 04553- MLS# 1656508
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