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1 & 9 Franklin Terrace, South Portland, ME 04106

$3,900,000
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BEDS7 BATHS4 full 1 partial SQUARE FEET4,300 MLS#1624824
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood ? now presenting potential for a 12+-unit condominium development (subject to approvals), or an extraordinary multi-generational family compound directly on the beach.Set on a premier waterfront site with sweeping views of Spring Point Ledge Lighthouse, Casco Bay, and the islands, this unique property includes two residences positioned to capture the beauty and energy of Maine's coastline from multiple perspectives.The larger home, recently remodeled, offers four to five bedrooms and expansive living spaces designed to maximize ocean views and natural light. Wake to sunrises over Casco Bay, watch working boats pass through the harbor, and experience true waterfront living from nearly every vantage point.The second residence enjoys its own distinct outlook across the ocean, creating flexibility for guest accommodations, rental income, or extended family living.If utilized as a private compound, there is also potential for an additional buildable lot located in front of the smaller residence, creating the rare opportunity for three separate living spaces ? the primary home, guest residence, and an additional homesite (subject to approvals).Broker Owned

1 & 9 Franklin Terrace | MLS# 1624824

This single family home located at 1 & 9 Franklin Terrace, South Portland, ME 04106 is currently listed for sale with an asking price of $3,900,000. This property was built in 1990 and has 7 bedrooms and 4 full and 1 partial baths with 4300 sq. ft. Search South Portland real estate on anasofia.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Interior Entry
Cooling: Heat Pump
Garage: 2 car attached
Heating: Baseboard, Heat Pump, Hot Water, Radiant, Wood Stove
Home Style: Bungalow
Lot Size: 0.55 Acres
Roof Type: Fiberglass, Shingle
Taxes: $36,796
Year Built: 1990

Feature Descriptions

Accessibilitiy: Other Accessibilities
Electric: Circuit Breakers, Generator Hookup
Flooring: Laminate, Tile, Vinyl, Wood
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 4300
SQ FT Below Grade: 0
Total Rooms: 14
Water: Public
Water Body Name: Atlantic Ocean

Room Sizes

Kitchen: Level - First
Dining Room: Level - First
Bedroom 1: Level - First
Bedroom 2: Level - First
Living Room: Level - First
Primary Bedroom: Level - Second
Bedroom 2: Level - Second
Bedroom 4: Level - Second
Bedroom 5: Level - Second
Bedroom 6: Level - Second
Bedroom 7: Level - Second
Great Room: Level - Second
Office: Level - Second
Kitchen: Level - Second

Listed By / Shown By

Listed By

Agency Name: F.O. Bailey Real Estate
Agency Phone: 207-781-1111
Agent Name: Anne Ross-Murray

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Estimated Payment

$ 12,883.54 per month $8,679.71 Principal & Interest $3,066.33 Property Tax $1,137.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/22/2026. The listing information on this page last changed on 04/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/22/2026 12:04:22 AM EST) or MLSPIN MLS (last updated Tue 04/21/2026 11:38:24 PM EST) or Prime MLS (last updated Mon 04/20/2026 5:18:22 PM EST) or MREIS (last updated Tue 04/21/2026 11:55:21 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



Listing data is derived in whole or in part from the Maine IDX & 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.

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