Sold
Last Sold Price
2 beds1,064 sqft
281 Penney Rd, New Gloucester, ME 04260
Single FamilyProperty Type
2 acresLot Size
1988Year Built
$238/sq ftPrice per sq ft
1 carParking Spaces

Description

Adorable ranch on a bountiful, private 2 acre lot. Off the beaten path and just a short drive to Portland, Auburn, and Freeport. The updates including the metal roof, vinyl siding and the 1 car garage make living and maintenance simple and give you more time to enjoy the serene backyard and multiple flowering gardens. In addition to space upstairs, there is a finished and heated bonus space in the basement to use as you wish! The floors are super durable throughout with tile in kitchen and bath and...Adorable ranch on a bountiful, private 2 acre lot. Off the beaten path and just a short drive to Portland, Auburn, and Freeport. The updates including the metal roof, vinyl siding and the 1 car garage make living and maintenance simple and give you more time to enjoy the serene backyard and multiple flowering gardens. In addition to space upstairs, there is a finished and heated bonus space in the basement to use as you wish! The floors are super durable throughout with tile in kitchen and bath and Dupont Laminate throughout the rest. Don't miss out on this very well cared for home in New Gloucester! See attached list for all the updates and property features.
  • Listed by: Gina Letourneau 207.795.9633 ginaletourneau@masiello.com • Better Homes & Gardens Real Estate/The Masiello Group
  • Listed by: Sierra Lemieux 207.782.8311 auburn@masiello.com • Better Homes & Gardens Real Estate/The Masiello Group
Listing closed: 01/29/2021 12:00 AM • Source: Maine Listings, MLS#: 1471300

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Recent comparable sales

Median sold price

$310,000

Avg days on market

25

Sale-to-list ratio

100.9%

New Gloucester, ME

9 comparable properties found

$310,000 | 305 Penney Road, New Gloucester, ME 04260
1/22
1

$310,000

Sold 09/02/26

2
Bedrooms
936
Square Feet
3.6
Acres
$310,000 | 271 Bennett Road, New Gloucester, ME 04260
1/45
2

$310,000

Sold 01/20/26

2
Bedrooms
960
Square Feet
1
Acres
$272,000 | 32 Lewiston Road, New Gloucester, ME 04260
1/27
3

$272,000

Sold 11/12/24

2
Bedrooms
812
Square Feet
0.41
Acres
$310,000 | 155 Penney Road, New Gloucester, ME 04260
1/58
4

$310,000

Sold 10/20/25

2
Bedrooms
1,344
Square Feet
3.16
Acres
$317,000 | 31 Fish Hatchery Road, New Gloucester, ME 04260
1/25
5

$317,000

Sold 10/03/25

2
Bedrooms
720
Square Feet
1.5
Acres
$420,000 | 10 Briarwood Drive, New Gloucester, ME 04260
1/28
6

$420,000

Sold 08/06/26

3
Bedrooms
1,056
Square Feet
1
Acres
$300,000 | 8 Bald Hill Road, New Gloucester, ME 04260
1/19
7

$300,000

Sold 03/27/25

2
Bedrooms
864
Square Feet
1
Acres
$399,900 | 86 North Pownal Road, New Gloucester, ME 04260
1/37
8

$399,900

Sold 12/02/24

2
Bedrooms
1,288
Square Feet
5.08
Acres
9

$280,000

Sold 03/25/26

2
Bedrooms
1
Bathrooms
858
Square Feet
2.01
Acres

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group
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$1,551 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,351

Property Taxes

$200

HOA Dues

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Property Information for 281 Penney Road

Property Details
  • Taxes: $2,399 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch
  • Style: Ranch
  • View: Trees/Woods
  • Has Waterfront: No
  • Zoning: Rural Residential
Building Information
  • Year Built: 1988
  • Lot Size: 2.00 AC / 87,120 SF
Summary
Location and General Information
  • Water View: No
  • Location: Rural
  • Page: 90
  • Latitude: 43.930702
  • Longitude: -$70.28
Taxes and HOA
  • Association: No
  • Parcel Number: NEWG-000004-000000-000029-C000000
  • Tax Lot: 29-C
  • Tax Book Number: 22347
  • Tax Map Number: 4
  • Tax Year: 2020
  • Tax Annual Amount: $2,399.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Detached
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: 1 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 1.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Open, Harvestable Crops, Level, Wooded, Rural
  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 87120.0
  • Lot Size Units: Acres
  • Other Source of Square Footage: basement finished area is approx. measurement
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Site: Harvestable Crops, Level, Open, Wooded
Property and Assessments
  • Above Grade Finished Area: 864.0
  • Below Grade Finished Area: 200.0
  • Building Area Source: Public Records
  • Building Area Total: 1064.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Construction: Wood Frame
  • Year Built: 1988
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Vinyl Siding, Wood Frame
  • Color: Tan
Financial Information
  • List Price/SqFt: $292.82
Utilities
  • Heat Fuel: Oil, Wood
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Private Sewer
  • Water Source: Private
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Metal
  • Driveway: Gravel
Interior Features
  • Amenities: 1st Floor Bedroom
  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Appliances Included: Dishwasher, Electric Range, Refrigerator
  • Bathrooms Full: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • # Full Baths Level 1: 1
  • Rooms Total: 4
  • Basement: Interior, Full, Bulkhead
  • Basement: Full
  • Basement Entry: Bulkhead, Interior
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Stove, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Tile, Laminate
  • Interior Features: 1st Floor Bedroom
Room Information
Kitchen
  • Kitchen Countertop: Formica
Rental
Rent Information
  • Land Lease: No

Property History for 281 Penney Road

DateEvent & SourcePriceAppreciation
Jan 29, 2021

Sold

Maine Listings #1471300

$253,000—
Dec 15, 2020

Pending

Maine Listings #1471300

—
Oct 1, 2020

Listed (Active)

Maine Listings #1471300

$235,000—
DateEvent & SourcePrice
01/29/2021

Sold

Maine Listings #1471300

$253,000
12/15/2020

Pending

Maine Listings #1471300

—
10/01/2020

Listed (Active)

Maine Listings #1471300

$235,000

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

Public Records for 281 Penney Road

Taxable ValueLand$84,000Additions$116,774Total$200,774
Tax Record2025$3,106 ($259 / month)
Home Facts
Beds2Baths1Total Finished SqFt864 SqFtAbove Grade Finished SqFt864 SqFtUnfinished Basement SqFt432 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1988Year Renovated1988ZoningSEASONCountyCUMBERLANDAPNNEWG M:0004 L:0029-C

Schools near 281 Penney Road

This home is within Regional School Unit 15 Msad 15.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - K to 2
Public - K to 2
Rating
School
Distance
Gray-New Gloucester Middle School
Public5 to 8

Gray-New Gloucester High School
Public9 to 12

Russell School
PublicK to 2

Memorial School
PublicK to 2

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 281 Penney Road, New Gloucester, ME 04260
$253,000
2
1,064
87,120
$255,000
3
1,536
43,560
–
3
1
1,120
87,120
–
–
–
1,272
39,204
–
3
1
1,040
98,446
$250,000
2
1,184
88,862

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.

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

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.