290 Penney Road

20260902_112055
DJI_0071
20260902_112037
20260902_112123
20260902_112225
20260902_112406
20260902_112446
20260902_112458
20260902_112535
20260902_113122
20260902_113140
20260902_113151
20260902_113205
20260902_113213
20260902_113227
20260902_113247
20260902_113254
20260902_113312
20260902_113342
20260902_113358
20260902_113409
20260902_113452
20260902_113522
20260902_113751
20260902_113924
20260902_113933
20260902_113948
20260902_114014
20260902_114028
20260902_114050
20260902_114056
20260902_114107
20260902_114116
20260902_114229
20260902_114318
20260902_114629
20260902_114648
20260902_114656
20260902_114736
20260902_114744
20260902_114756
20260902_114826
20260902_114855
20260902_114905
20260902_114927
20260902_112259
20260902_112319
DJI_0067
DJI_0068
DJI_0069
DJI_0070
DJI_0072
Active
$474,999
4 beds2,752 sqft
290 Penney Rd, New Gloucester, ME 04260
Est: $2,830/moGet pre-approved
Single FamilyProperty Type
1.09 acresLot Size
1982Year Built
$173/sq ftPrice per sq ft
2 carsParking Spaces

Description

Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment. A detached 2-car garage provides ample parking and storage, while each unit has its own separate utilities, simplifying management...Discover this versatile and meticulously maintained property that offers a unique blend of residential and commercial potential. The property features three separate units: two spacious 2-bedroom, 1-bathroom units ideal for tenants or extended family, and a third unit permitted as a 1-chair hair salon, which the has been renting out as a comfortable studio apartment. A detached 2-car garage provides ample parking and storage, while each unit has its own separate utilities, simplifying management and billing. The property has been very well cared for and is in excellent condition, reflecting pride of ownership. Currently generating over 5,000 per month, it offers strong income potential and cash flow. Additionally, the property has been pre-inspected for general building and septic systems, ensuring peace of mind with no surprises. Whether you're an owner-occupant looking for a live-in space with rental income or an investor seeking a turnkey asset with commercial flexibility, this property presents an outstanding opportunity to own a well-priced, income-producing asset with excellent future potential.
23 days on Market
  • Listed by: Gregory Hoar 207.653.7365 greg.hoar01@gmail.com • Maine Values Real Estate
Last updated: 09/17/2026 07:26 AM • Source: Maine Listings, MLS#: 1679624

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Maine Values Real Estate
Add your commute

Payment Calculator

Get preapproved with Rocket Mortgage1

$2,830 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,536

Property Taxes

$294

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 290 Penney Road

Property Details
  • Taxes: $3,532 / year
  • MLS Type: Residential / Single Family Residence
  • County: Cumberland County
  • Architectural Style: Ranch
  • Has Waterfront: No
  • Zoning: Residential
Building Information
  • Year Built: 1982
  • Lot Size: 1.09 AC / 47,480 SF
Summary
Location and General Information
  • Water View: No
  • Page: 22
  • Zoning Overlay: No
  • Latitude: 43.931025
  • Longitude: -$70.28
Taxes and HOA
  • Association: No
  • Parcel Number: NEWG-000004-000000-000030-D000000
  • Tax Lot: 30D
  • Tax Book Number: 33236
  • Tax Map Number: 4
  • Tax Year: 2025
  • Tax Annual Amount: $3,532.00
Parking
  • Parking Features: Gravel, 11 - 20 Spaces, Detached
  • Vehicle Storage: 2 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Rural, Level
  • Lot Size Acres: 1.09
  • Lot Size Area: 1.09
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 47480.4
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: false
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2176.0
  • Below Grade Finished Area: 576.0
  • Building Area Source: Public Records
  • Building Area Total: 2752.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1982
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level, Bi-Level
  • Foundation Details: Slab, Poured Concrete
  • Construction Materials: Wood Frame, Vinyl Siding
  • Other Structures: Outbuilding
  • Color: Tan
Financial Information
  • List Price/SqFt: $218.29
Green Features
  • HERS Certified: No
Utilities
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private
  • Water Heater: Electric
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer, Tankless Water Heater
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • # Full Baths Level 1: 2
  • Rooms Total: 13
  • Basement: Doghouse, Finished, Full, Partial
  • # Full Baths Basement: 1.0
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Propane, Forced Air, Heat Pump
  • Has Heating: Yes
  • Flooring: Carpet, Laminate, Vinyl
Rental
Rent Information
  • Land Lease: No

Property History for 290 Penney Road

DateEvent & SourcePriceAppreciation
Sep 17, 2026

Price Change

Maine Listings #1678845

$474,999—
Sep 17, 2026

Price Change

Maine Listings #1679624

$474,999—
Sep 8, 2026

Listed (Active)

Maine Listings #1679624

$499,999—
DateEvent & SourcePrice
09/17/2026

Price Change

Maine Listings #1678845

$474,999
09/17/2026

Price Change

Maine Listings #1679624

$474,999
09/08/2026

Listed (Active)

Maine Listings #1679624

$499,999

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

Public Records for 290 Penney Road

Taxable ValueLand$77,556Additions$150,725Total$228,281
Tax Record2025$3,532 ($294 / month)
Home Facts
Beds2Baths1Total Finished SqFt2,176 SqFtAbove Grade Finished SqFt2,176 SqFtStories1Lot Size47,480 SqFtStyleSingle Family ResidenceYear Built1982Year Renovated1998ZoningSEASONCountyCUMBERLANDAPNNEWG M:0004 L:0030-D

Schools near 290 Penney Road

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

Similar Homes

New listings in 04260

$395,000 | 7 Onyx Drive, New Gloucester, ME 04260
1/72

$395,000

3
Bedrooms
1,652
Square Feet
0.57
Acres

7 Onyx Drive, New Gloucester, ME 04260

$425,000 | 141 Jack Hall Road, New Gloucester, ME 04260
1/43
Active Under Contract

$425,000

3
Bedrooms
1,647
Square Feet
2
Acres

141 Jack Hall Road, New Gloucester, ME 04260

$495,000 | 286 Penney Road, New Gloucester, ME 04260
1/68

$495,000

3
Bedrooms
1,768
Square Feet
2
Acres

286 Penney Road, New Gloucester, ME 04260

$887,500 | 63 Black Point Road, New Gloucester, ME 04260
1/75
Virtual Tour

$887,500

4
Bedrooms
2,678
Square Feet
0.8
Acres

63 Black Point Road, New Gloucester, ME 04260

$595,000 | 678 Lewiston Road, New Gloucester, ME 04260
1/56
Open: 10/4 01:00PM - 03:00PM

$595,000

4
Bedrooms
1,784
Square Feet
2.25
Acres

678 Lewiston Road, New Gloucester, ME 04260

$899,000 | 410 Intervale Road, New Gloucester, ME 04260
1/81

$899,000

3
Bedrooms
2,356
Square Feet
1
Acres

410 Intervale Road, New Gloucester, ME 04260

$750,000 | 36 Granite Ridge Road, New Gloucester, ME 04260
1/81
Active Under Contract

$750,000

4
Bedrooms
2,920
Square Feet
2.46
Acres

36 Granite Ridge Road, New Gloucester, ME 04260

$640,000 | 7 Levi Lane, New Gloucester, ME 04260
1/38
Listed By CompassOpen: 10/4 01:00PM - 02:30PM

$640,000

3
Bedrooms
1,938
Square Feet
2.39
Acres

7 Levi Lane, New Gloucester, ME 04260

$235,000 | 122 Sabbathday Road, New Gloucester, ME 04260
1/19

$235,000

2
Bedrooms
732
Square Feet
2
Acres

122 Sabbathday Road, New Gloucester, ME 04260

Explore Nearby Homes

More information about 290 Penney Road, New Gloucester, ME 04260

290 Penney Road is a single family home for sale in New Gloucester, ME 04260. This property was listed for sale on September 8, 2026 by Maine Values Real Estate, it's currently listed at $474,999. It has been on the market for a total of 23 days and was last sold on June 29, 2016. This listing's school district is Regional School Unit 15 Msad 15. Nearby schools include Gray-New Gloucester Middle School, Gray-New Gloucester High School and Russell School. 290 Penney Road is a 4-bed, 3-bath, 2,752 sqft single family home built in 1982.

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 Maine Values Real Estate

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.