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    02-37 Us-1 Newcastle, ME 04553

    For Sale
    $650,000

    LAND - Newcastle, ME

    Lot size:
    50.00 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 02-37 Us-1

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Rur, Hwy, Shoreland
    Parking features
    Driveway
    Lot size
    50.00 Acres

    Utilities

    Water front
    1

    Portside Real Estate Group (207) 619-7571 [email protected]

    Listing agent Amy Keenan (207) 607-5965

    Listing date Nov 25, 2025

    MLS# 1628959 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newcastle, ME Land on Route One

    This 50-acre parcel is located in Newcastle, Maine, offering accessibility and natural beauty. Situated along Route One, the property provides convenient access and exposure for various potential uses. The rear of the property features mature woodlands, rolling terrain, and privacy. It includes approximately 2,500 feet of frontage on Sherman Marsh, offering water views and wildlife habitat. This versatile tract is zoned Rur, Hwy, and Shoreland, presenting opportunities for residential development, commercial ventures, conservation, or a private waterfront estate. The property combines accessibility and natural beauty in Midcoast Maine.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Newcastle
    County
    Lincoln
    State
    Maine
    Longitude
    -69.599154
    Latitude
    44.010606

    FAQs

    What type of property is this?
    Land - 50 acre parcel with Route One frontage and water views.
    Where is this land located?
    The property is located at 02-37 Us-1 Newcastle, ME.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - 50± acre parcel in Midcoast Maine with Route One frontage.; - Boasting 2,500 feet of direct frontage on Sherman Marsh.; - Combination of high-traffic accessibility and quiet natural beauty.
    (207) 607-5965
    Request Owner's contact information
    02-37 Us-1 Newcastle, ME 04553
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    Newcastle, ME 04553
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    02-37 Us-1 Newcastle, ME 04553
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