Back on the market with major improvements! If you've been looking for a historic home to renovate, restore, or make your own, this could be the opportunity you've been waiting for! Dating back to approximately 1790, this antique Cape is believed to be one of Fairfield's oldest surviving homes. Rich in history and full of potential, this property offers an opportunity to own a piece of Maine's past. Since being listed earlier this year, the property has undergone several significant improvements, including a brand-new 5-bedroom septic system, a new deck, new windows and doors, and an updated downstairs bathroom! Currently configured as a two-family home, the property offers flexibility for investors, owner-occupants, or anyone looking to convert it back into a spacious single-family residence. The main home features a large kitchen with ample cabinet space, a separate dining room, a cozy living room with a wood stove, and a spacious family room with built-in shelving. A first-floor bedroom and full bathroom complete the main level. Upstairs, you'll find two additional bedrooms and another full bathroom. The vacant apartment features two generously sized bedrooms and a full bathroom, offering potential for rental income, multigenerational living, or additional living space. Beautiful hardwood floors throughout much of the home add to its timeless character. Situated on 2.1 surveyed acres, the property also features a large three-car garage, a paved driveway, and an in-ground swimming pool that has not been used in many years. Looking for more land? This property is also available with a total of 8 acres for $365,000! With several big-ticket improvements already completed, the next owner can continue bringing this historic property back to life. Whether you're looking for an investment, renovation project, or a home with character and acreage, the possibilities are endless. Don't miss your chance to make this piece of Fairfield history your own!
Attention investors! Looking for your next income-producing property, renovation project, or investment opportunity? This historic two-family property in Fairfield offers plenty of potential, with both units currently vacant and ready for their next chapter! Dating back to approximately 1790, this antique Cape is believed to be one of Fairfield's oldest surviving homes. Rich in history and full of character, this property offers an opportunity for investors looking to add value and build equity. Since being listed earlier this year, the property has undergone several major improvements, including a brand-new 5-bedroom septic system, a new deck, new windows and doors, and an updated downstairs bathroom! The main unit features a large kitchen with ample cabinet space, a separate dining room, a cozy living room with a wood stove, and a spacious family room with built-in shelving. A first-floor bedroom and full bathroom complete the main level. Upstairs, you'll find two additional bedrooms and another full bathroom. The second unit features two generously sized bedrooms and a full bathroom, offering additional rental income potential. Both units are vacant, giving the next owner flexibility to complete renovations, establish rental rates, and select tenants without existing leases. Situated on 2.1 surveyed acres, the property also features a large three-car garage, a paved driveway, and an in-ground swimming pool that has not been used in many years. Beautiful hardwood floors throughout much of the home add to its historic charm. Looking for more land? This property is also available with a total of 8 acres for $365,000! With several major improvements already completed, this property offers an opportunity to finish updating the home and maximize its potential. Whether you're looking to expand your rental portfolio, renovate and resell, or live in one unit while renting the other, the possibilities are endless!
MREIS #1665984
Jun 9, 2026
Listed
$225,000
$65/sq ft
MREIS #1658691
Jun 2, 2026
Sold
$350,000
$100/sq ft
Apr 21, 2026
Listed
$380,000
$109/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,548 (+2.1%)
$43,400 + $121,600
$165,000
2022
$3,476 (−4.8%)
$43,900 + $121,600
$165,500
2021
$3,650 (−1.7%)
$44,300 + $121,600
$165,900
2020
$3,713
$44,900 + $121,600
$166,500
2019
$3,715 (−2.3%)
$45,000 + $121,600
$166,600
2018
$3,803 (−0.1%)
$45,200 + $121,600
$166,800
2017
$3,808 (+1.8%)
$45,400 + $121,600
$167,000
2016
$3,739 (+3.4%)
$45,300 + $121,600
$166,900
2015
$3,617 (+7.3%)
$45,100 + $121,600
$166,700
2014
$3,372
$44,900 + $121,600
$166,500
2013
$3,372
$44,900 + $121,600
$166,500
Public record
Beds
4
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
63 Acres
Year renovated
—
Finished Sq. Ft.
3,487
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,487
Year built
1790
Style
Multi-Family (2-4 Unit)
County
Somerset County
APN
466610
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Fairfield, ME • 04937
Average low and high temperatures (°F)
28
11
31
9
44
24
54
35
66
46
77
56
82
61
81
56
73
51
61
41
47
31
32
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 179 Covell Rd
$295,416
$416 over list price of $295K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $266K to $400K.