This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
$650,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
Property Description
Two properties in one. Compact cottage on Water Street and a .46 lot off of Spring Street. The are being sold as a package, but are held in separate deeds. The charming cottage is in walking distance to the center of the village, dock, library and MMA. Year round, with great rental potential. Two bedrooms, an open living space, full basement. Yard with shed, dog pen, and firepit. The lot is fenced in, and has ROW access from State Street.
Full Property Details
Full Property Details for 116 Water St
General
- Price: $650,000
- Taxes: $4,586 (2025)
- Status: Active Under Contract
- Type: Single Family
- Source: MREIS
- MLS ID: 1676431
- Updated: 8/18/2026
- Added to Site: 13 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: 1st Floor Bedroom
- Appliances: Dishwasher, Electric Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Main Level
Parking
- Parking Features: Paved, 1 - 4 Spaces
Location
- County: Hancock
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Bungalow
- Construction: Wood Frame, Wood Siding
- Basement: Yes
- Basement Desc.: Bulkhead, Full, Unfinished
- Roof: Shingle
- Square Feet: 800
- Sq. Ft. Source: Seller
- Finished Total: 800 Sq. Ft.
- Finished Above Grnd: 800 Sq. Ft.
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.8
- Lot Size (Sq. Ft.): 34,848
- Zoning: Viilage 2
- Lot Description: Intown, Open Lot
Water Features
- Water Front Name: Castine
Financial Considerations
- Tax Amount: $4,586.76
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 2A &5A
Listed by De Raat Realty (207) 326-8448
Get Pre-Approved Today
Schools
Schools serving 116 Water St
School District:Castine
| Name | Grades | Distance |
|---|---|---|
Adams School 27 School Street, Castine, ME 04421 | PK-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Water St
Date
Details
Price
Change
Source
8/15/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,844
14%
$355,900
—
2024
$3,381
6%
$355,900
32%
2023
$3,184
6%
$269,800
16%
2022
$3,012
16%
$231,700
1%
2021
$2,604
—
$228,400
—
2020
$2,604
—
$228,400
—
2019
$2,604
-3%
$228,400
—
2018
$2,684
1%
$228,400
1%
2017
$2,648
5%
$225,400
-15%
2016
$2,533
—
$265,200
—
2015
$2,533
—
$265,200
—
2014
$2,533
3%
$265,200
—
2013
$2,466
—
$265,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Water St
116 Water Street, Castine, ME 04421 (MLS# 1676431) is a Single Family property with 2 bedrooms and 1 full bathroom. 116 Water Street is currently listed for $650,000 and was received on August 15, 2026. Want to learn more about 116 Water Street? Do you have questions about finding other Single Family real estate for sale in Castine? You can browse all Castine real estate or contact a Coldwell Banker agent to request more information.

