157 South Street, Gorham, ME 04038 - Photo 1

1/1

$425,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
1 Partial Bath
1,568 Sq. Ft.
4.8 Acres
2 Car Garage

1/1

Property Description

The value here is the land and incredible location in the heart of Gorham! Offering 4.80 +/- acres downtown on city water and city sewer. Potential for up to 20 dwelling units according to Urban Residential Zoning with additional potential units under the Development Transfer Overlay District and Affordable Housing Density Bonus depending on Planning Board Review. Residential and other permitted uses allowed. The existing house is a 2 bedroom, 1.5 bath home ready for your desired renovations or could be torn down for a different vision for the land use. Only a half mile to the nearest high school, 0.6 miles to Gorham Center and 0.7 miles to the University of Southern Maine campus. Close to nearby restaurants, groceries, banking and other conveniences! By Appointment Only.

Full Property Details

Full Property Details for 157 South St

General

Sold For: $425,000
Taxes: $5,082 (2024)
Status: Closed
Type: Single Family
Source: MREIS
MLS ID: 1631507
Added to Site: 219 day(s) ago

Interior

Number of Rooms: 5
Interior Features: 1st Floor Bedroom, Bathtub, Shower
Fireplace: Yes
Number of Fireplaces: 1
Flooring: Wood, Tile

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 2
Parking Features: Basement, 5 - 10 Spaces, Gravel, On-Site Parking

Location

County: Cumberland

Community

Pets Allowed: Yes

Heating & Cooling

Cooling Type: None
Heating Type: Hot Water, Baseboard

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Raised Ranch, Ranch
Construction: Wood Siding, Wood Frame
Roof: Pitched, Shingle
Building Size: 1568
Square Feet: 1,568
Sq. Ft. Source: Public Records
Living Area: 1,568 Sq. Ft.
Finished Total: 1,568 Sq. Ft.
Finished Above Grnd: 1,568 Sq. Ft.
Year Built: 1957

Lot Features

Lot Size (Acres): 4.8
Lot Size (Sq. Ft.): 209,088
Lot Size Source: Public Records
Zoning: UR
Lot Description: Sidewalks, Wooded, Intown, Near Shopping

Financial Considerations

Tax Amount: $5,082
Tax Year: 2024

Disclosures and Reports

Lot Number: 14

Listed by Real Broker (207) 272-3984
Sold by Regency Realty Group (207) 253-1500

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Listing agents

— 157 South St —

Real Broker

207-272-3984
Real Broker

207-272-3984

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Schools

Schools serving 157 South St

School District:Gorham

Name	Grades	Distance
Village Elementary School-Gorham 12 Robie Street, Gorham, ME 04038	K-5	0.5 mi
Gorham Middle School, Gorham, ME 106 Weeks Road, Gorham, ME 04038	6-8	0.5 mi
Gorham High School, Gorham, ME 41 Morrill Avenue, Gorham, ME 04038	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 157 South St

Date

Details

Price

Change

Source

10/30/2025

Sold

$425,000

-22.73%

MLS

9/04/2025

Price Reduced

$550,000

-21.43%

MLS

7/23/2025

Listed

$700,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 1 day ago

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Just Listed

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Updated 2 days ago

21.5
Acres

Listed by RE/MAX Riverside

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Active
Updated 18 hours ago

4
Beds
3
Total Baths
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Open House

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Updated 3 days ago

3
Beds
2
Total Baths
1,344
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Price Reduced

-$10,000 (-2.6%)

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Condo
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,298
Sq. Ft.

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Price Reduced

-$5,000 (-2.78%)

$175,000

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Mobile Home
Active
Updated 4 days ago

1
Bed
1
Total Bath
720
Sq. Ft.

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Price Reduced

-$15,000 (-5%)

$285,000

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Single Family
Active
Updated 3 days ago

2
Beds
1
Total Bath
1,624
Sq. Ft.

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Price Reduced

-$80,000 (-17.82%)

$369,000

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Commercial
Active

Listed by Keller Williams Realty

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Sold

$385,000

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Single Family
Closed

3
Beds
1
Total Bath
1,152
Sq. Ft.

Listed by The Maine Real Estate Group
Sold by Keller Williams Realty

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Sold

$440,000

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Single Family
Closed

2
Beds
1
Total Bath
1,502
Sq. Ft.

Listed by Keller Williams Realty
Sold by North Point Realty LLC

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Sold

$432,000

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Single Family
Closed

2
Beds
2
Total Baths
1,546
Sq. Ft.

Listed by Redfin Corporation
Sold by King + Miller Real Estate

21 Lombard St, Gorham, ME 04038 - Photo 1

Sold

$434,900

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Single Family
Closed

2
Beds
2
Total Baths
1,086
Sq. Ft.

Listed by Po-Go Realty
Sold by Po-Go Realty

157 South Street, Gorham, ME 04038 (MLS# 1631507) is a Single Family property that was sold at $425,000 on October 30, 2025. Want to learn more about 157 South Street? Do you have questions about finding other Single Family real estate for sale in Gorham? You can browse all Gorham real estate or contact a Coldwell Banker agent to request more information.

157 South St Gorham, ME 04038