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