116 Water Street

Active Under Contract
Active Under Contract
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116 Survey
Contract Out
$650,000
2 beds800 sqft$813/sqft
116 Water St, Castine, ME 04421
Est: $3,686/moGet pre-approved
Single FamilyProperty Type
0.8 acresLot Size
1960Year Built
$813/sq ftPrice per sq ft

Description

Two properties in one. Compact cottage on Water Street and a .46 lot off of Spring Street. The are being sold as a package, but are held in separate deeds. The charming cottage is in walking distance to the center of the village, dock, library and MMA. Year round, with great rental potential. Two bedrooms, an open living space, full basement. Yard with shed, dog pen, and firepit. The lot is fenced in, and has ROW access from State Street.Two properties in one. Compact cottage on Water Street and a .46 lot off of Spring Street. The are being sold as a package, but are held in separate deeds. The charming cottage is in walking distance to the center of the village, dock, library and MMA. Year round, with great rental potential. Two bedrooms, an open living space, full basement. Yard with shed, dog pen, and firepit. The lot is fenced in, and has ROW access from State Street.
5 days on Market
  • Listed by: Medan de Raat 207.326.8448 hankderaat@gmail.com • De Raat Realty
Last updated: 08/20/2026 06:10 PM • Source: Maine Listings, MLS#: 1676431

Location

Listing Courtesy of De Raat Realty
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$3,686 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,304

Property Taxes

$382

HOA Dues

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Property Information for 116 Water Street

Property Details
  • Taxes: $4,587 / year
  • MLS Type: Residential / Single Family Residence
  • County: Hancock County
  • Architectural Style: Bungalow
  • Furnished: Unfurnished
  • Has Waterfront: No
  • Waterfront Features: Nearby
  • Zoning: Viilage 2
Building Information
  • Year Built: 1960
  • Lot Size: 0.80 AC / 34,848 SF
Summary
Location and General Information
  • Water View: Yes
  • Page: 232 & 234
  • Latitude: 44.393119
  • Longitude: -$68.79
  • Water Body Type: Harbor
  • Water Body Name: Castine
Taxes and HOA
  • Association: No
  • Parcel Number: CAST-000025-000000-000002-A000000
  • Tax Lot: 2A &5A
  • Tax Book Number: 7111
  • Tax Map Number: 25
  • Tax Year: 2025
  • Tax Annual Amount: $4,586.76
Parking
  • Parking Features: Paved, 1 - 4 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Intown, Open Lot
  • Lot Size Acres: 0.8
  • Lot Size Area: 0.8
  • Lot Size Source: Survey
  • Lot Size Square Feet: 34848.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 101.0
  • Source of Road Frontage: Survey
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 800.0
  • Building Area Source: Seller
  • Building Area Total: 800.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Surveyed: Yes
  • Year Built: 1960
Building Features
  • Levels: One
  • Construction Materials: Wood Frame, Wood Siding
  • Color: White
Financial Information
  • List Price/SqFt: $812.50
Green Features
  • HERS Certified: No
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Amenities: 1st Floor Bedroom, Main Level
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Bathrooms Full: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Laundry Features: Main Level
  • # Full Baths Level 1: 1
  • Rooms Total: 5
  • Basement: Bulkhead, Full, Unfinished
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Oil, Forced Air
  • Has Heating: Yes
  • Flooring: Wood
  • Interior Features: 1st Floor Bedroom
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: First
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: First
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Countertop: Formica
Laundry
  • Laundry Room: Laundry
  • Laundry Room Level: First
  • Laundry Room Amenities: Main Level
Living Room
  • Living Room: Living Room
  • Living Room Level: First
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: Owner

Property History for 116 Water Street

DateEvent & SourcePriceAppreciation
Aug 18, 2026

Active Under Contract

Maine Listings #1676431

—
Aug 15, 2026

Listed (Active)

Maine Listings #1676431

$650,000—
Oct 10, 2012

Sold

Maine Listings #995335

$225,000—
DateEvent & SourcePrice
08/18/2026

Active Under Contract

Maine Listings #1676431

—
08/15/2026

Listed (Active)

Maine Listings #1676431

$650,000
10/10/2012

Sold

Maine Listings #995335

$225,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Water Street

Taxable ValueLand$287,000Additions$68,900Total$355,900
Tax Record2025$3,844 ($320 / month)
Home Facts
Lot Size12,632 SqFtCountyHANCOCKAPNCAST M:25 L:002-A

Schools near 116 Water Street

This home is within Castine Public Schools.
Rating
School
Type
Grades
Distance
Adams School
Public - PK to 8
Rating
School
Distance
Adams School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of De Raat Realty

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