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About this home
Close to everything. Tucked away from it all. Less than three miles from the charming coastal town of Damariscotta, with its wonderful shops, restaurants, and waterfront, this Newcastle home offers the perfect balance of convenience and peaceful Maine living. Set on a private one-acre lot, the property provides a quiet retreat while keeping you just minutes from everything that makes this Midcoast community so special. The current owners have made meaningful investments in the home's comfort, efficiency, and functionality, including a new furnace, spray foam insulation in both the basement and attic. The home also features radiant heat, providing an added level of comfort during Maine's colder months. Additional improvements include new windows, new interior and exterior doors, Thermadoor gas stove and dishwasher, fresh paint throughout most rooms, and new composite decking. These thoughtful updates provide a strong foundation for the next owner. The home offers comfortable living spaces, while the basement provides plenty of additional storage. Outside, enjoy a large, newly leveled and seeded yard. Spend time relaxing on the porch, evenings gathered around a campfire or afternoons gardening and making the most of your own private outdoor space. With many improvements already completed, this home offers an exciting opportunity for its next owner to add the finishing touches and make it truly their own.
Single-familyProperty Type
1992Year Built
1 acresLot Size
$234Price/Sq.Ft.
1 car garageParking
Listed by Andrea Babbin Wood• Breakwater Realty Group, LLC
Three plus bedroom home in need of updating on a wooded acre lot convenient to all in town activities of the Twin Villages.
Year
Property tax
Land + Additions
Assessment*
2025
$4,648 (+5.2%)
$135,000 + $190,000
$325,000
2024
$4,420 (+24.2%)
$135,000 + $190,000
$325,000
2023
$3,560 (+0.6%)
$65,000 + $157,500
$222,500
2022
$3,538 (+3.9%)
$65,000 + $157,500
$222,500
2021
$3,404 (+51.3%)
$65,000 + $157,500
$222,500
2020
$2,250
$50,000 + $75,700
$125,700
2019
$2,250
$50,000 + $75,700
$125,700
2018
$2,250 (−0.8%)
$50,000 + $75,700
$125,700
2017
$2,269
$50,000 + $75,700
$125,700
2016
$2,269
$50,000 + $75,700
$125,700
2015
$2,269 (+3.7%)
$50,000 + $75,700
$125,700
2014
$2,187
$50,000 + $75,700
$125,700
Public record
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
2011
Finished Sq. Ft.
1,792
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,792
Year built
1993
Style
Single Family Residential
County
Lincoln County
APN
427539
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
4/10 Heat Factor
7 days above 88° expected this year, 16 days in 30 years
6/10 Wind Factor
27% 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
Newcastle, ME • 04553
Average low and high temperatures (°F)
29
13
33
13
43
27
53
36
64
46
76
55
80
61
79
55
72
51
60
42
49
32
34
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Newcastle. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 263 Academy Hill Rd
$419,933
$933 over list price of $419K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $395K to $645K.