INVESTORS take notice, AMAZING opportunity to rehab or built new. The 2 upstairs bedrooms have very low ceilings & the living room ceiling has a bigger hole and leaks water with heavy rains and strong winds. The property has a great location (roughly 1/2 mile to Falmouth Landtrust Trails) for the outdoor enthusiasts for hiking, running and fishing, close access to the Piscataqua River which is stocked with Brown & Brook Trout. Great location for a commercial business as well. The property has an existing well & septic and just boasts with great opportunities to make it your own.

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Tax Information

Parcel Number FMTH-000006R-000000-000077
Taxes$3,803

Basic Information

List Price$399,000
LocationTypeIntown, Near Turnpike/Interstate
MLS Number1657896
Property SubTypeSingle Family Residence
Property TypeResidential
StatusACT

Interior

Furnished Negotiable
Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living

Exterior

Exterior Aluminum Siding
RoofShingle

Property Information

Acreage0.71
Lot Features Intown, Near Turnpike/Interstate, Corner Lot, Open Lot
Square Feet1,014

Water Body

Water AccessPrivate, Well

Other

Date Listed04/15/2026

Parking

Parking 5 - 10 Spaces, On Site
Parking Features Gravel,5 - 10 Spaces, On Site

Location

Address408 Gray Road
Building Number408
CountyCumberland
StateME
StreetGray Road
TownFalmouth
Zip04105

Property

Road Surface Type Paved
Sign On Property YN Yes
Site Corner Lot, Open
Vehicle Storage 1 Car, Attached

Utilities

Electric On Site, Circuit Breakers
Heat SystemOil, Forced Air
Heating FuelOil
Heating YN Yes
Waste Water DisposalPrivate Sewer

Legal

ZoningF

Rooms

Bathroom1
Bathrooms Total Decimal 1
Bedrooms3
Full Bath1
Laundry Features Washer Hookup

Building

Attached Garage YN Yes
BasementBulkhead, Full, Unfinished
Basement Entry Bulkhead
Building ConstructionWood Frame
Flooring Vinyl
FoundationPoured Concrete
GarageYes
Garage Spaces1
Property StyleRanch
Rooms7
Window Features Double Pane Windows
Year Built1948

Amenities

Amenities1st Floor Bedroom, Bathtub, Laundry - Hookup, One-Floor Living
Appliances IncludedDishwasher, Microwave, Gas Range, Refrigerator
Other AmenitiesBasement

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408 Gray RoadFalmouth, ME 04105Price: $399,000

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