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8 Railroad Avenue, Kennebunk, ME 04043

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For Sale

$1,450,000

2 baths • 1,554 sqft

Estimated Payment

$ 8,215 /mo. †

6.67% APR for 30 yrs.
$9,031 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • $933.08
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Are you in search of a rare investment opportunity in Kennebunk? Look no further than 8 Railroad, an exquisite cottage compound featuring TWO three-bedroom units just steps from the white sands of Kennebunk's Mother's Beach and a short trip to the charming downtown. Currently generating substantial annual cash flow as short-term rentals, these cottages offer the flexibility to be rented out or occupied separately. Both cottages are meticulously curated with fine furniture, lighting, cabinetry, counters, appliances, and artwork. The attention to detail is reminiscent of yacht design, with everything thoughtfully placed, creating a subtle, high-end nautical ambiance. The front cottage, 'Fairview,' opens into a lovely living space that connects to an eat-in kitchen with open shelving. A discreet hallway houses a full-size washer and dryer, leading to a barn door that opens to the bathroom. The side bedroom features a queen-size bed, the second bedroom is equipped with bunk beds, and the primary bedroom offers a king-size bed, all with premium mattresses and a soothing blue and white color scheme. Around the side, you'll find the entrance to 'Seabreeze,' which boasts a private yard and deck space. The entryway leads directly into a kitchen with an eat-in dining table. To the left, a gorgeous living room continues the nautical theme. The hallway reveals a room with a twin trundle bed, ideal for young guests, and a stackable washer and dryer. The spacious bathroom includes a glass door shower, offering more space than typical cottages. The second bedroom has a queen-size bed, while the primary bedroom features a king-size bed and space for a reading chair. The backyard is perfect for outdoor enjoyment, with a picnic table and an array of Adirondack chairs scattered across the property for soaking in the glorious summer days. This property is highly popular as a rental, boasting numerous returning guests and glowing online reviews. Financials available upon request.
MLS# 1598842

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch
  • Architecture Style
    Cottage
  • Cooling System
    Heat Pumps
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl
  • Heating System
    Baseboard, Heat Pump
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 8 Railroad Avenue, Kennebunk, ME 04043

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $7,462
  • Property Taxes
    $752
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $8,215

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

Schools

Kennebunk Elementary School

Grades PK-2 Public School

Kennebunk, ME 04043 5.8 miles
177 alewive rd

358 total students
12:1 Student teacher ratio

School Details

Sea Road School

Grades 3-5 Public School

Kennebunk, ME 04043 2.6 miles
29 sea rd

331 total students
13:1 Student teacher ratio

School Rating: A

School Details

Middle School Of The Kennebunks

Grades 6-8 Public School

Kennebunk, ME 04043 5.9 miles
60 thompson rd

557 total students
11:1 Student teacher ratio

School Rating: A+

School Details

Kennebunk High School

Grades 9-12 Public School

Kennebunk, ME 04043 4.3 miles
89 fletcher st

751 total students
12:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
Kennebunkport Consolidated School 1.9 miles Public KG-5
The New School 3.3 miles Private 9-12
Wells Junior High School 4.5 miles Public 5-8 B+
Wells High School 4.8 miles Public 9-12 A-
Wells Elementary School 5 miles Public KG-4 B-

Kennebunkport Consolidated School

Distance: 1.9 miles

Type Public

Grades: KG-5

The New School

Distance: 3.3 miles

Type Private

Grades: 9-12

Wells Junior High School

Distance: 4.5 miles

Type Public

Grades: 5-8

B+

Wells High School

Distance: 4.8 miles

Type Public

Grades: 9-12

A-

Wells Elementary School

Distance: 5 miles

Type Public

Grades: KG-4

B-

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 Kennebunk, ME 04043

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Kennebunk, ME 04043

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

79° July
Hottest Average Month
12° January
Coldest Average Month
5,130 Total Households in Area
2.6% Increase in population since the year 2010
24.9%
of households
have children
21 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 Kennebunk, ME 04043

Kennebunk, ME 04043 has a population of 11,750 people in 5,130 households with a median age of 54.7 years old.

2.6%
Increase in population
since the year 2010
Population is Trending up
4,958
Total households as of 2010
4.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 54.7 years old. The smallest percentage group is 65-74 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 93%
Hispanic 2%
Asian 1%
Other <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 2%, Asian at 1%, and Other at <1%.

Economics
for Kennebunk, ME 04043

328 /sq mi
Population Density
$85,847 /yr
Median Household Income
$607,000
Median Sales Price
21 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 $75-99,999k representing 23.33% of the households.

Transportation to Work

  • Drive 77%
  • Work from Home 20%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 3,928 62%
Vacant 1,210 19%
Rented 1,202 19%

White vs Blue Collar Jobs







White Collar 80%
Blue Collar 20%

Family & Education Facts
for Kennebunk, ME 04043

54.7 Median Age

Average Household Size

2.2
persons per
household

57.6%

Married Households

Community Population By Education

Some College 23%
Bachelors Degree 23%
Graduate Degree 23%
High School Graduate 22%
Associates Degree 7%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 23.29% 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)
24.9% of households have children

Weather
for Kennebunk, ME 04043

The weather for this area ranges from a high of 79° F in July to a low of 12° F in January

79° July
Hottest Average Month
12° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
12°
33°
Feb
14°
35°
Mar
24°
43°
Apr
33°
53°
May
43°
65°
Jun
52°
74°
Jul
58°
79°
Aug
57°
78°
Sep
49°
71°
Oct
38°
60°
Nov
30°
48°
Dec
18°
37°

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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