1 & 9 Franklin Terrace, South Portland, ME 04106

$3,900,000

Property Type: Residential Bedrooms: 7 Baths: 5 Square Footage: 4,300 Lot Size (sq. ft.): 23,958 Status: Active Under Contract

Current Price: $3,900,000 List Date: 6/01/2025 Last Modified: 4/25/2026

Overview

Description

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 ... (Read more)

Listing Details MLS# 1624824

Property Sub-Type

Property Sub-Type: Single Family Residence

Location Information

Street #: 1 & 9
Street Name: Franklin
Street Type: Terrace
County: Cumberland
Town: South Portland
State/Province: ME
Zip Code: 04106
Zip +4: 2215
Leased Land: No
Book: 18526/33842
Page: 0233/0116
Map: 02
Block: A
Lot: 106/087
Zoning: A
Zoning Overlay: No
Association: No
Full Tax Amount $: 36796
Tax Year: 2025
Tree Growth Y/N: No

Contract Information

Original List Price: 4995000

Property Information

Surveyed: Yes
Seasonal: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
# Rooms: 14
# Bedrooms: 7
# Fireplaces: 2
Total Full Baths: 4
Total Half Baths: Yes
Total Baths: 5
Color: Gray/Blue+blue
Year Built: 1990
SqFt Finished Above Grade: 4300
SqFt Finished Total: 4300
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 2
Lot Size Acres +/-: 0.55
Source of Acreage: Survey
SqFt Finished Below Grade: 0

Status Change Info

Kick-Out: No

Water Info

Water Frontage: Yes
Waterfront Amount: 211.93
Water Frontage Owned: 211.93
Water Frontage Shared: 211
Water View: Yes
Water Body Name: Atlantic Ocean

More Information

Basement

Other Description: 9 Franklin has a basement
Other: Yes
Slab: Yes
Sump Pump: Yes
Unfinished: Yes

Vehicle Storage

Attached: Yes
2 Car: Yes
Auto Door Opener: Yes
Direct Entry to Living: Yes
Heated: Yes

Levels

Multi-Level: Yes

Site

Level: Yes
Well Landscaped: Yes

Location

Near Public Beach: Yes
Near Shopping: Yes
Near Town: Yes
Neighborhood: Yes

Roads

Paved: Yes
Public: Yes

Source of Water Frontage

Survey: Yes

Water Body Type

Bay: Yes
Ocean: Yes

Recreational Water

Beach Rights: Yes
Oceanfront: Yes

Construction

Wood Frame: Yes

Other Structures

Shed(s): Yes

View

Scenic: Yes

Foundation Materials

Slab: Yes

Exterior

Composition: Yes
Other: Yes
Vinyl Siding: Yes

Roof

Fiberglass: Yes
Shingle: Yes

Heat System

Baseboard: Yes
Heat Pump: Yes
Hot Water: Yes
Radiant: Yes
Wood Stove: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Energy Efficiency

Tankless Water Heater: Yes

Heat Fuel

Electric: Yes
Gas Natural: Yes
Other Heat Fuel: Yes
Wood: Yes

Cooling

Heat Pump: Yes
Wall/Window Unit(s): Yes

Floors

Laminate: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Accessibilitiy Amenities

Other Accessibilities: Yes

Kitchen Countertop

Formica: Yes
Granite: Yes

Parking

1 - 4 Spaces: Yes
5 - 10 Spaces: Yes
On Site: Yes
Paved: Yes

Style

Bungalow: Yes
Modern: Yes

Electric

Circuit Breakers: Yes
Generator Hookup: Yes

Bedroom 1

Bedroom 1: Yes
Bedroom 1 Level: First

Gas

Natural - At Street: Yes

Sewer

Public Sewer: Yes

Bedroom 2

Bedroom 2: Yes
Bedroom 2 Level: First

Water

Public: Yes

Bedroom 4

Bedroom 4: Yes
Bedroom 4 Level: Second

Bedroom 5

Bedroom 5: Yes
Bedroom 5 Level: Second

Bedroom 6

Bedroom 6: Yes
Bedroom 6 Level: Second

Driveway

Other: Yes
Paved: Yes

Bedroom 7

Bedroom 7: Yes
Bedroom 7 Level: Second

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Window Features

Storm Window(s): Yes

Door Features

Storm Door(s): Yes

Amenities

1st Floor Bedroom: Yes
Attic: Yes
Bathtub: Yes
Fence: Yes
Fire System: Yes
In-Law Apartment: Yes
Irrigation System: Yes
Laundry - Hookup: Yes
One-Floor Living: Yes
Pantry: Yes
Primary Bedroom w/Bath: Yes
Security System: Yes
Shower: Yes
Storage: Yes
Walk-in Closets: Yes

Patio and Porch Features

Deck: Yes

Equipment

Cable: Yes
Generator: Yes
Internet Access Available: Yes

Green Features

Whole House Fan: Yes

Dining Room

Dining Room: Yes
Dining Room Level: First

Great Room

Great Room: Yes
Great Room Level: Second

Kitchen

Kitchen: Yes
Kitchen Level: First

Living Room

Living Room: Yes
Living Room Level: First

Living Room Amenities

Gas Fireplace: Yes
Heat Stove: Yes

Primary Bedroom

Primary Bedroom: Yes
Primary Bedroom Level: Second

Primary Bedroom Amenities

Balcony/Deck: Yes
Closet: Yes
Full Bath: Yes
Heat Stove: Yes
Suite: Yes

Office

Office: Yes
Office Level: Second

Room Features

Balcony/Deck: Yes
Closet: Yes
Full Bath: Yes
Gas Fireplace: Yes
Heat Stove: Yes
Suite: Yes

Property Features

Site: Level; Well Landscaped Location: Near Public Beach; Near Shopping; Near Town; Neighborhood Roads: Paved; Public Source of Water Frontage: Survey Water Body Type: Bay; Ocean Recreational Water: Beach Rights; Oceanfront View: Scenic Appliances Included: Dishwasher; Disposal; Dryer; Electric Range; Gas Range; Microwave; Refrigerator; Washer Kitchen Countertop: Formica; Granite Style: Bungalow; Modern Levels: Multi-Level Construction: Wood Frame Basement: Other; Slab; Sump Pump; Unfinished Basement Entry: Interior Foundation Materials: Slab Roof: Fiberglass; Shingle Exterior: Composition; Other; Vinyl Siding Heat System: Baseboard; Heat Pump; Hot Water; Radiant; Wood Stove Heat Fuel: Gas Natural; Other Heat Fuel; Wood Water Heater: Off Heating System Cooling: Heat Pump; Wall/Window Unit(s) Floors: Laminate; Tile; Vinyl; Wood Window Features: Storm Window(s) Door Features: Storm Door(s) Amenities: 1st Floor Bedroom; Attic; Bathtub; Fence; Fire System; In-Law Apartment; Irrigation System; Laundry - Hookup; One-Floor Living; Pantry; Primary Bedroom w/Bath; Security System; Shower; Storage; Walk-in Closets Patio and Porch Features: Deck Equipment: Cable; Generator; Internet Access Available Green Features: Whole House Fan Driveway: Other; Paved Parking: 1 - 4 Spaces; 5 - 10 Spaces; On Site; Paved Vehicle Storage: 2 Car; Auto Door Opener; Direct Entry to Living; Heated Other Structures: Shed(s) Electric: Circuit Breakers; Generator Hookup Gas: Natural - At Street Sewer: Public Sewer Water: Public

Room Information

Room Name	Level
Kitchen	First
Dining Room	First
Bedroom 1	First
Bedroom 2	First
Living Room	First
Primary Bedroom	Second
Bedroom 2	Second
Bedroom 4	Second
Bedroom 5	Second
Bedroom 6	Second
Bedroom 7	Second
Great Room	Second
Office	Second
Kitchen	Second

Documents

Survey ›

Flood Fermette ›

9 Franklinleadpaint ›

9 Franklin disclosure ›

9franklindeed ›

1 Franklin disclosure ›

1 Franklin deed ›

IDX

Listing Office: F.O. Bailey Real Estate

Last Updated: April - 25 - 2026

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