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574 Main Street, Damariscotta, ME 04543

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For Sale

$385,000

3 beds • 2 baths • 1,650 sqft

Estimated Payment

$ 2,018 /mo. †

6.85% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Condominium
    Property type

  • $233.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to Damariscotta, where this beautifully updated 3-bedroom, 2-bathroom modern single-family condo will make you feel right at home. The thoughtfully designed layout is bathed in natural light, creating a warm and inviting atmosphere throughout. Step into the mudroom, kick off your shoes, and unwind in the sunlit living room featuring a charming blue wood stove and a view of the back deck perfect for relaxation or entertaining. The sleek, modern kitchen boasts cherry cabinetry and butcher block counters, offering a stylish and functional space to cook and gather. The first floor also features two spacious bedrooms and a tastefully updated full bathroom. The expansive primary suite upstairs is flooded with natural light and offers ample space to make it your own. The luxurious en suite bathroom features a double vanity and a beautifully updated tiled tub/shower with dual shower heads for a spa-like experience. This home has undergone significant updates for comfort and style. In 2020, a new roof, venting, insulation, and deck were added, followed by a hot water heater in 2023. In 2024, extensive renovations transformed the home with new downstairs flooring, fully renovated bedrooms and bathrooms, updated kitchen countertops and sink, and the addition of a cozy wood stove in the living room. Enjoy the perks of condo living with shared access to an in-ground pool and scenic hiking trails along the Damariscotta River. The association also handles lawn care and plowing for your convenience. Located in an excellent area, you'll enjoy Damariscotta's charming shops, eateries, grocery stores, hardware stores, hiking preserves, and water sports like kayaking and canoeing. With its modern upgrades, natural charm, and prime location, this home is ready to welcome you don't miss out!
MLS# 1613426

Courtesy Of EXP REALTY LLC
PO Box 864, Rangeley, ME 04970
(888) 439-8743

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Attic
  • Architecture Style
    Contemporary
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard, Hot Water, Stove
  • Lot Size
    3.16 Acres
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 574 Main Street, Damariscotta, ME 04543

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,018
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,018

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Great Salt Bay Community School

Grades KG-8 Public School

Damariscotta, ME 04543 0.1 miles
559 main st

383 total students
11:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Lincoln Academy 1.5 miles Private 9-12
Nobleboro Central School 3 miles Public KG-8 A+
Damariscotta Montessori School 3.5 miles Private PK-8

Lincoln Academy

Distance: 1.5 miles

Type Private

Grades: 9-12

Nobleboro Central School

Distance: 3 miles

Type Public

Grades: KG-8

A+

Damariscotta Montessori School

Distance: 3.5 miles

Type Private

Grades: PK-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Damariscotta, ME 04543

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Damariscotta, ME 04543

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are above the national average.

78° July
Hottest Average Month
13° January
Coldest Average Month
1,125 Total Households in Area
2.6% Increase in population since the year 2010
28%
of households
have children
24 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Damariscotta, ME 04543

Damariscotta, ME 04543 has a population of 2,386 people in 1,125 households with a median age of 47.6 years old.

2.6%
Increase in population
since the year 2010
Population is Trending up
1,079
Total households as of 2010
4.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 47.6 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Asian <1%
Hispanic <1%
Other <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 94%, followed by Asian at <1%, Hispanic at <1%, and Other at <1%.

Economics
for Damariscotta, ME 04543

156 /sq mi
Population Density
$53,485 /yr
Median Household Income
$327,000
Median Sales Price
24 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.91% of the households.

Transportation to Work

  • Drive 83%
  • Work from Home 9%
  • Walk or Bike 7%
  • Public Transit 1%

Occupancy by Type

Owned 663 48%
Rented 462 33%
Vacant 266 19%

White vs Blue Collar Jobs







White Collar 58%
Blue Collar 42%

Family & Education Facts
for Damariscotta, ME 04543

47.6 Median Age

Average Household Size

2
persons per
household

32.7%

Married Households

Community Population By Education

High School Graduate 26%
Some College 23%
Graduate Degree 21%
Bachelors Degree 21%
Associates Degree 6%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 25.51% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28% of households have children

Weather
for Damariscotta, ME 04543

The weather for this area ranges from a high of 78° F in July to a low of 13° F in January

78° July
Hottest Average Month
13° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
30°
Feb
14°
33°
Mar
24°
41°
Apr
34°
53°
May
43°
64°
Jun
52°
73°
Jul
58°
78°
Aug
57°
77°
Sep
50°
68°
Oct
40°
57°
Nov
31°
46°
Dec
19°
35°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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