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$475,000
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Property Description
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.
Full Property Details
Full Property Details for 408 Gray Rd
General
- Price: $475,000
- Taxes: $3,803 (2025)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1657896
- Updated: 4/29/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living
- Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: 5 - 10 Spaces, Gravel, On-Site Parking
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Private Sewer
- Water: Well, Private
- Well: Yes
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding, Wood Frame
- Roof: Shingle
- Windows: Double Pane Windows
- Building Size: 1014
- Square Feet: 1,014
- Sq. Ft. Source: Public Records
- Living Area: 1,014 Sq. Ft.
- Finished Total: 1,014 Sq. Ft.
- Finished Above Grnd: 1,014 Sq. Ft.
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.71
- Lot Size (Sq. Ft.): 30,927.6
- Lot Size Source: Seller
- Zoning: F
- Lot Description: Open, Corner Lot, Intown, Near Turnpike/Interstate
Financial Considerations
- Tax Amount: $3,803
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 77
Listed by 4 Maine Realty (833) 444-4755
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Schools
Schools serving 408 Gray Rd
School District:Falmouth
| Name | Grades | Distance |
|---|---|---|
Falmouth Elementary School 58 Woodville Road, Falmouth, ME 04105 | K-5 | 3.2 mi |
Falmouth Middle School 52 Woodville Road, Falmouth, ME 04105 | 6-8 | 3.3 mi |
Falmouth High School, Falmouth, ME 74 Woodville Road, Falmouth, ME 04105 | 9-12 | 3.1 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 408 Gray Rd
Date
Details
Price
Change
Source
4/15/2026
Listed
$475,000
—
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 408 Gray Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,803
3%
$274,600
—
2024
$3,682
6%
$275,200
—
2023
$3,471
6%
$274,600
—
2022
$3,273
32%
$274,600
67%
2021
$2,478
-7%
$164,400
5%
2019
$2,654
2%
$157,300
—
2018
$2,591
5%
$157,300
—
2017
$2,457
3%
$157,300
—
2016
$2,374
3%
$157,300
—
2015
$2,301
4%
$157,300
—
2014
$2,218
5%
$157,300
—
2012
$2,113
—
$157,300
—
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 408 Gray Rd
408 Gray Road, Falmouth, ME 04105 (MLS# 1657896) is a Single Family property with 3 bedrooms and 1 full bathroom. 408 Gray Road is currently listed for $475,000 and was received on April 15, 2026. Want to learn more about 408 Gray Road? Do you have questions about finding other Single Family real estate for sale in Falmouth? You can browse all Falmouth real estate or contact a Coldwell Banker agent to request more information.

