1 & 9 Franklin Terrace, South Portland, ME 04106 (MLS # 1624824)

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PRICE $3,900,000 dsIDX morgage calculator
BEDS 7
BATHS 5
HOME SIZE 4,300 sqft
LOT SIZE 23,958 sqft

An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood "” now presenting potential for a 12+-unit condominium development (subject to approvals), or an extraordinary multi-generational family compound directly on the beach. Set on a premier waterfront site with sweeping views of Spring Point Ledge Lighthouse, Casco Bay, and the islands, this unique property includes two residences positioned to capture the beauty and energy of Maine's coastline from multiple perspectives. The larger home, recently remodeled, offers four to five bedrooms and expansive living spaces designed to maximize ocean views and natural light. Wake to sunrises over Casco Bay, watch working boats pass through the harbor, and experience true waterfront living from nearly every vantage point. The second residence enjoys its own distinct outlook across the ocean, creating flexibility for guest accommodations, rental income, or extended family living. If utilized as a private compound, there is also potential for an additional buildable lot located in front of the smaller residence, creating the rare opportunity for three separate living spaces "” the primary home, guest residence, and an additional homesite (subject to approvals). Broker Owned

LAST UPDATED 10/14/2025 YEAR BUILT 1990
GARAGE SPACES 2.0 COUNTY Cumberland
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Heat Pump, Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
BASEMENT Other, Sump Pump, Unfinished, Yes
CONSTRUCTION Other, Vinyl Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Baseboard, Heat Pump, Hot Water, Radiant, Wood Stove
INTERIOR Pantry, Storage, Walk-In Closet(s)
LOT 0.55 acre(s)
LOT DESCRIPTION Level, Waterfront
LOT DIMENSIONS 0.55
MLS STATUS Active
PARKING Other, Paved, On Site, Inside Entrance, Attached
SEWER Public Sewer
STYLE Bungalow
TAXES 36796
VIEW Yes
VIEW DESCRIPTION Scenic
WATER Public
WATER ACCESS Atlantic Ocean
WATERFRONT Yes
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by F.O. Bailey Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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IDX data provided by Market Leader, courtesy of Maine Listings.

This IDX solution is (c) Diverse Solutions 2026.


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