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$500,000
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Property Description
Set on 3.1 beautifully landscaped acres in New Gloucester, this meticulously maintained 4-bedroom, 2-bath home offers the perfect balance of privacy, functionality, and the charm of country living. Surrounded by mature trees and abundant wildlife, the property provides a peaceful setting while remaining conveniently located to nearby amenities and commuter routes. Inside, you'll find a warm, inviting interior with a thoughtfully designed layout that blends open living spaces with just the right amount of separation, creating comfortable spaces for both everyday living and entertaining. Lovingly cared for and truly turnkey, this home is ready for its next owner to move in and make it their own. Outside is where this property truly shines. The oversized 3-car garage is complemented by an attached workshop are and bonus storage space above, providing exceptional space for hobbies, projects, equipment, or recreational vehicles. The charming barn stalls present endless possibilities, whether you're looking to accommodate livestock, create a gardening or hobby space, design the perfect workshop, or transform it into a cozy she shed or studio. An additional storage shed adds even more versatility to this already impressive property. Whether you're dreaming of homesteading, pursuing new hobbies, or simply enjoying the beauty and tranquility of Maine, 291 Penney Road offers the space, flexibility, and lifestyle to make it possible.
Full Property Details
Full Property Details for 291 Penney Rd
General
- Price: $500,000
- Taxes: $3,986 (2026)
- Status: Active Under Contract
- Type: Single Family
- Source: MREIS
- MLS ID: 1675763
- Updated: 9/17/2026
- Added to Site: 58 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Attic, Bathtub, Shower, Storage
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Gravel, 11 - 20 Spaces, Detached, Storage
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Propane, Wood, Forced Air, Wood Stove
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Architectural Style: Dutch Colonial
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Walk-Out Access, Daylight, Finished, Full, Unfinished
- Roof: Shingle
- Square Feet: 1,786
- Sq. Ft. Source: Public Records
- Finished Total: 1,786 Sq. Ft.
- Finished Above Grnd: 1,786 Sq. Ft.
- Year Built: 1985
Additional Structures
- Other Structures: Outbuilding, Shed(s)
Lot Features
- Property View: Scenic, Trees/Woods
- Lot Size (Acres): 3.1
- Lot Size (Sq. Ft.): 135,036
- Zoning: Rural Residential
- Lot Description: Near Golf Course, Near Turnpike/Interstate, Near Town, Rural, Level, Open Lot, Rolling Slope, Landscaped, Wooded
Financial Considerations
- Tax Amount: $3,986
- Tax Year: 2026
Disclosures and Reports
- Lot Number: 28-B
Listed by Hearth & Key Realty (207) 241-2327
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Schools
Schools serving 291 Penney Rd
School District:School Administrative District 15
| Name | Grades | Distance |
|---|---|---|
Burchard A Dunn School 667 Morse Road, New Gloucester, ME 04260 | 3-4 | 2.2 mi |
Memorial School, New Gloucester, ME 86 Intervale Road, New Gloucester, ME 04260 | K-2 | 3.8 mi |
Gray-New Gloucester Middle School 31 Libby Hill Road, Gray, ME 04039 | 5-8 | 4.3 mi |
Gray-New Gloucester High School 10 Libby Hill Road, Gray, ME 04039 | 9-12 | 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 291 Penney Rd
Date
Details
Price
Change
Source
8/28/2026
Price Reduced
$500,000
-2.91%
MLS
8/12/2026
Listed
$515,000
—
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 291 Penney Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,986
4%
$257,637
—
2024
$3,836
4%
$257,637
—
2023
$3,682
4%
$257,637
—
2022
$3,555
—
$257,637
—
2021
$3,555
1%
$257,637
—
2020
$3,517
-6%
$257,637
17%
2019
$3,725
7%
$220,400
—
2018
$3,482
1%
$220,400
—
2017
$3,438
6%
$220,400
—
2016
$3,240
—
$220,400
—
2015
$3,229
1%
$220,400
—
2014
$3,196
8%
$220,400
—
2013
$2,964
—
$220,400
—
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 291 Penney Rd
291 Penney Road, New Gloucester, ME 04260 (MLS# 1675763) is a Single Family property with 4 bedrooms and 2 full bathrooms. 291 Penney Road is currently listed for $500,000 and was received on August 12, 2026. Want to learn more about 291 Penney Road? Do you have questions about finding other Single Family real estate for sale in New Gloucester? You can browse all New Gloucester real estate or contact a Coldwell Banker agent to request more information.

