1 Franklin Ter South Portland, ME 04106
Property details
About 1 Franklin Ter
Willard Beachfront Estate with Panoramic Ocean Views. Welcome to this rare beachfront gem located in South Portland's highly desirable Willard Beach neighborhood. This property offers a luxurious coastal lifestyle with two distinct homes—a fully remodeled four+ bedroom main residence and a charming three-bedroom guest house- plus a possible buildable lot. Perfect family compound. The main home was completely remodeled in the spring of 2022 and is designed to capture the beauty of the ocean from nearly every angle. The primary bedroom suite offers a serene escape with its own sitting area, an electric fireplace, ensuite bath, and a hidden office tucked discreetly behind the scenes—all showcasing sweeping views of the beach and Casco Bay. The open-concept kitchen, living room, and dining area are anchored by a dramatic gas fireplace and feature unobstructed views of the islands, Spring Point Lighthouse, and passing cruise ships. You'll fall asleep to the soft sounds of the ocean and on cloudy days be gently hypnotized by the moody foghorn. Upstairs, a bonus room over the garage provides flexible space for a gym, or creative studio. Also on the second floor is a partial kitchen with sitting area—ideal for guests or entertaining. The main level includes a wrap-around deck for indoor-outdoor living. A two-car heated garage, whole-house generator, radiant heat on the first floor, and efficient heat pumps throughout ensure year-round comfort. Included in the offering is a smaller, separate home featuring three bedrooms, a bath and 1/2 . With hardwood floors and a woodstove. This unique beachfront home is located within walking distance of SMCC, the Greenbelt Trail, Spring Point Marina, local shopping and dining favorites. Whether you're seeking a peaceful seaside residence or a property with exceptional potential. A one-of-a-kind opportunity on the Maine coast. Broker owned.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Tankless Water Heater, Washer, Refrigerator, Microwave, Gas Range, Electric Range, Dryer, Disposal, Dishwasher
- Basement: Yes
- Flooring Type: Wood, Vinyl, Tile, Laminate
- Interior: In-Law Apartment, Walk-in Closets, 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry, Shower, Storage, Primary Bedroom w/Bath
- Total Bedroom Count: 7
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Heated, Auto Door Opener, 1 - 4 Spaces, 5 - 10 Spaces, Other, Paved, On Site, Inside Entrance
- View: Scenic
- Exterior: Fence, Deck
- Architectural Style: Bungalow
- Heating: Wood Stove, Radiant, Hot Water, Heat Pump, Baseboard
- Cooling: Wall/Window Unit(s), Heat Pump
- List Price: $4,995,000
- Annual Tax Amount: $24,932
- Tax Year: 2023
- Lot: Landscaped, Level, Neighborhood
- Year Built: 1990
- Living Area: 4,300 SqFt
- Lot Size: 0.55 Acres
- MLS Number: 1624824
- MLS Name: Maine Listings
- Office Name: F.O. Bailey Real Estate
- Office Phone: (207) 781-1111
- Office Email: fobaileyrealestate@gmail.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. 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 © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 2:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,763,200 | $24,932 |
2022 | $1,463,500 | $22,772 |
2021 | $1,463,500 | $21,145 |
2020 | $884,600 | $21,145 |
2019 | $884,600 | $16,896 |
2018 | $881,600 | $16,310 |
2017 | $851,600 | $15,329 |
History based on county public records data.
Nearby schools
6
Dora L Small Elementary School
Public District KG-5
0.3 mi
•87 Thompson St
5
Frank I Brown Elementary School
Public District KG-5
1.2 mi
•37 Highland Ave
2
Howard C Reiche Community School
Public District PK-5
2.1 mi
•166 Brackett St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,861. Typical income of South Portland, ME residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Frequently asked questions
About 1 Franklin Ter
The listing price of 1 Franklin Ter property is $4,995,000.
The property 1 Franklin Ter is a house located in South Portland, Maine, 04106.
Active Listing: 1 Franklin Ter is Active, which means the seller is accepting offers.
The nearby schools for 1 Franklin Ter are: Dora L Small Elementary School (GreatSchools Rating 6/10), Frank I Brown Elementary School (GreatSchools Rating 5/10), Howard C Reiche Community School (GreatSchools Rating 2/10), Daniel F. Mahoney Middle School (GreatSchools Rating 4/10), King Middle School (GreatSchools Rating 2/10), Cape Elizabeth Middle School (GreatSchools Rating 10/10), Portland High School (GreatSchools Rating 3/10), Baxter Academy for Tech & Sciences (GreatSchools Rating 9/10), South Portland High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $24,932 (source: MLS/based on county public records data).
The property at 1 Franklin Ter has 7 bedrooms and 4 full and 1 half bathrooms.
The property 1 Franklin Ter is 4,300 SqFt (source: MLS/tax record).
The year of construction for 1 Franklin Ter is 1990.
This home is located at 1 Franklin Ter in South Portland, ME and zip code 04106. This 4,300 square foot home, which was built in 1990, sits on a 0.55 acre lot. Features: 7 bedrooms, 5 bathrooms. It is currently priced at $4,995,000.