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$399,900 Just Listed
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Property Description
The CROWN JEWEL of Saco Island Terrace, Unit 138 combines panoramic river views, exceptional historic character, and convenient first-floor living in a beautifully renovated two-bedroom corner unit. Windows on multiple sides capture direct views of the rushing Saco River Falls and fill the home with natural light-all with no stairs required. Inside, the building's industrial heritage takes center stage with exposed brick walls, arched windows, substantial timber beams, soundproofing, 10 ft ceilings, and thoughtfully incorporated industrial-inspired details. The newly renovated kitchen blends style and function with granite countertops, stainless steel appliances, generous cabinetry, open shelving, and a breakfast bar overlooking the living area. The beautifully updated bathroom features a spacious tiled walk-in shower with a glass enclosure and a modern vanity. Together, these improvements create a home that feels both polished and true to the building's historic character. A heat pump and HVAC system provide year-round heating and air conditioning, with the system professionally maintained by the condominium association. Additional amenities include secure building entry, a reserved parking space, on-site laundry, and low-maintenance condominium living. Just steps from the Amtrak Downeaster, the property offers convenient access to Portland and Boston. Restaurants, breweries, coffee shops, boutiques, and entertainment in downtown Saco and Biddeford are all within walking distance, while Southern Maine's beaches, the Maine Turnpike, and Portland's waterfront are only a short drive away. Whether you are searching for a primary residence, a low-maintenance second home, or a truly distinctive riverfront property, Unit 138 offers a rare combination of direct water views, first-floor convenience, corner-unit privacy, modern renovations, and authentic historic charm.
Full Property Details
Full Property Details for 1 Saco Island Terrace #138
General
- Price: $399,900
- HOA FEE: $450/month
- Taxes: $2,120 (2026)
- Status: Active
- Type: Condo
- Source: MREIS
- MLS ID: 1680967
- Updated: 9/17/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Dishwasher, Electric Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry - Coin
Additional Information
- Security/Safety: Security System
- Equipment: Cable, Internet Access Available
Parking
- Parking Features: Common, Paved, 1 - 4 Spaces
Location
- County: York
- Subdivision: Saco Island Terrace
School Information
- High School District: Saco Public Schools
Community
- Association: Yes
- Units Assoc/Comm: 90
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Heat Pump
- Heating Type: Gas Natural, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Garden, High-Rise
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Not Applicable, None
- Roof: Membrane, Rolled/Hot Mop
- Square Feet: 870
- Sq. Ft. Source: Public Records
- Finished Total: 870 Sq. Ft.
- Finished Above Grnd: 870 Sq. Ft.
- Year Built: 1987
Lot Features
- Property View: Scenic
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Zoning: B-4
- Lot Description: Business District, Historic District, Intown, Near Country Club, Near Golf Course, Near Turnpike/Interstate, Near Town, Level, Sidewalks, Landscaped, Near Public Transit
Water Features
- Water Front: Yes
- Water Front Name: Saco River
Financial Considerations
- Association Fee: $450
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,120
- Tax Year: 2026
Disclosures and Reports
- Block: 1
- Lot Number: 1
Listed by RE/MAX Realty One (207) 646-1320
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Price & Sales History for 1 Saco Island Terrace #138
Date
Details
Price
Change
Source
9/17/2026
Listed
$399,900
—
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 1 Saco Island Terrace #138
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,202
5%
$155,100
4%
2024
$2,098
-5%
$149,300
—
2023
$2,202
12%
$149,300
39%
2022
$1,974
10%
$107,700
14%
2021
$1,790
10%
$94,800
15%
2020
$1,625
1%
$82,600
—
2019
$1,601
3%
$82,600
3%
2018
$1,548
5%
$79,900
5%
2017
$1,471
2%
$75,900
3%
2016
$1,437
1%
$74,000
—
2015
$1,422
3%
$74,000
—
2014
$1,378
—
$74,000
—
2013
$1,375
—
$74,000
—
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 1 Saco Island Terrace #138
1 Saco Island Terrace #138, Saco, ME 04072 (MLS# 1680967) is a Condo property with 2 bedrooms and 1 full bathroom. 1 Saco Island Terrace #138 is currently listed for $399,900 and was received on September 17, 2026. Want to learn more about 1 Saco Island Terrace #138? Do you have questions about finding other Condo real estate for sale in Saco? You can browse all Saco real estate or contact a Coldwell Banker agent to request more information.

