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$650,000
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Property Description
A rare land offering in the heart of Midcoast Maine, this 50± acre parcel in picturesque Newcastle combines outstanding accessibility with remarkable natural beauty. Its prime location along Route One offers convenient access and exceptional exposure for a wide variety of future uses. Beyond its roadside presence, the land transitions into a peaceful retreat. The rear of the property features mature woodlands, rolling terrain, and a strong sense of privacy. Adding to its appeal, there are approximately 2,500 feet of direct frontage on Sherman Marsh, providing expansive water views, rich wildlife habitat, and a tranquil natural backdrop rarely found in such a prime location. Whether your vision is residential development, commercial potential, conservation, or creating a private waterfront estate, this versatile tract presents a unique opportunity. The combination of high-traffic accessibility and quiet natural beauty makes this property a truly special find in Midcoast Maine.
Full Property Details
Full Property Details for 02-37 Us-1
General
- Price: $650,000
- Taxes: $1,243 (2024)
- Status: Active
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1628959
- Updated: 9/17/2025
- Added to Site: 203 day(s) ago
Parking
- Parking Features: No Driveway, On-Site Parking
Location
- County: Lincoln
Utilities
- Sewer: None
- Water: None
Lot Features
- Property View: Scenic, Trees/Woods
- Lot Size (Acres): 50
- Lot Size (Sq. Ft.): 2,178,000
- Lot Size Source: Public Records
- Street/Road Desc.: Private Road, Dirt, Paved
- Zoning: Rur, Hwy, Shoreland
- Lot Description: Rolling/Sloping, Wooded, Abuts Conservation, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Rural
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $1,243
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 37
Listed by Portside Real Estate Group (207) 607-5965
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Schools
Schools serving 02-37 Us-1
School District:Great Salt Bay Community School District
| Name | Grades | Distance |
|---|---|---|
Great Salt Bay Community School 767 Main Street, Damariscotta, ME 04543 | K-8 | 0 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 02-37 Us-1
Date
Details
Price
Change
Source
8/26/2025
Price Reduced
$650,000
-7.14%
MLS
7/02/2025
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.
Estimate the Cost
Estimate the Cost for 02-37 Us-1
02-37 Us-1, Newcastle, ME 04553 (MLS# 1628959) is a Lots/Land property with a lot size of 50 acres. 02-37 Us-1 is currently listed for $650,000 and was received on July 02, 2025. Want to learn more about 02-37 Us-1? Do you have questions about finding other Lots/Land real estate for sale in Newcastle? You can browse all Newcastle real estate or contact a Coldwell Banker agent to request more information.

