Riverfront Multifamily
For Sale
$2,265,000
38 Pine Ridge Road, Saco, ME 04072
Main residence and separate two-bedroom apartment provide flexible residential accommodations with shared riverfront grounds.
Property Size4,026 SF
Lot Size4.32 Acres
Price / SF$562.59
Days on Market308
Property Features for 38 Pine Ridge Road
General Information
Standard status
Active
Size
4,026 SF
Lot size
4.32 Acres
Property subtype
Multi-family
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
central air conditioning
irrigation
generator
finished daylight basement
workout space
workshop
three-season sunroom
updated kitchen
granite counters
large deck
two-bay garage
Building Details
Year Built
1985
Year Renovated
2016
Buildings
2
Listing Agency:
EXP Realty
Listed By:
Julie Herbert
(603) 433-3350
Source:
Greatislandrealty
Added: Oct 19, 2025
Changed: Aug 22
Last Checked: Aug 22 at 9:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty
Investment Insights
Based on property information with market context.
This multifamily property includes a 4,026-square-foot main residence on 4.32 acres along the Saco River. Built in 1985 and extensively remodeled in 2016, the home features a first-floor primary suite, three-season sunroom, two-story glass elements, central air conditioning, irrigation, a Viessmann boiler system, composite decking, and a generator. The finished daylight basement adds river views, a workout area, full bath, and workshop space.
A nearby barn includes a separate two-bedroom, two-bath apartment with an updated kitchen, granite countertops, primary bedroom and bath, and a large deck with partial river views. The structure also provides a two-bay garage, electrical service, a half bath, and space for a lift or crane. The property has approximately 400 feet along the river and is near golf, public beaches, shopping, town amenities, and the turnpike/interstate.
A nearby barn includes a separate two-bedroom, two-bath apartment with an updated kitchen, granite countertops, primary bedroom and bath, and a large deck with partial river views. The structure also provides a two-bay garage, electrical service, a half bath, and space for a lift or crane. The property has approximately 400 feet along the river and is near golf, public beaches, shopping, town amenities, and the turnpike/interstate.
Key Highlights
- 4.32‑acre riverfront property with 400 feet along the Saco River
- 4,026‑square‑foot main residence built in 1985 and remodeled in 2016
- Separate two‑bedroom, two‑bath apartment in the nearby barn
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 04072, ME
20,381
Population
9,619
Households
2.1
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
38.6 sq mi
ZIP Area
528
Density / Sq Mi
$84,328
Median Household Income
$47,419
Median Earnings
$1,268
Median Rent
$370,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Main residence and separate two-bedroom apartment provide flexible residential accommodations with shared riverfront grounds.
Where is this multifamily property located?
The property is located at 38 Pine Ridge Road Saco, ME.
What is the asking price?
The asking price for this property is $2,265,000.
What are key features of this property?
This property features: 4.32‑acre riverfront property with 400 feet along the Saco River; 4,026‑square‑foot main residence built in 1985 and remodeled in 2016; Separate two‑bedroom, two‑bath apartment in the nearby barn
