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Briana Burke
REALTOR®
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392 Elm Street, Mechanic Falls, ME 04256

$215,000
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Pending
BEDS3 BATHS1 full SQUARE FEET1,040 MLS#1661252
STATUSPending PROPERTY TYPEResidential - Single Family

Property Description

Looking for a fixer-upper with potential, or an opportunity for future development? 392 Elm Street in Mechanic Falls offers a range of possibilities, from renovating and making it your own to exploring subdivision potential on the expansive 5.9-acre lot (buyer to verify with the town). This 3-bedroom, 1-bath home features a functional layout with a full daylight walk-out basement offering additional storage or workshop space. Set back with a spacious yard and wooded surroundings, the property provides a private feel while still being conveniently located near local amenities and commuter routes. Private water and sewer are already in place, adding to the property's flexibility and long-term potential. Whether you're an investor, builder, or buyer looking for a project with acreage, this property is worth a look.

392 Elm Street | MLS# 1661252

This single family home located at 392 Elm Street, Mechanic Falls, ME 04256 is currently listed for sale with an asking price of $215,000. This property was built in 9999 and has 3 bedrooms and 1 full baths with 1040 sq. ft. Search Mechanic Falls real estate on brianaburke.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Interior Entry, Dirt Floor, Full
Heating: Oil, Hot Water
Home Style: Ranch
Lot Size: 5.95 Acres
Roof Type: Shingle
Taxes: $2,733
Year Built: 9999

Feature Descriptions

Amenities: 1st Floor Bedroom, Laundry - Hookup, One-Floor Living
Electric: Circuit Breakers
Exterior: Wood Frame, Wood Siding
Flooring: Laminate, Wood
Lot: Wooded
Parking: Gravel, Other,5 - 10 Spaces
Road Surface: Paved
Sewer: Private Sewer
Special View Info: Trees/Woods
SQ FT Above Grade: 1040
SQ FT Below Grade: 0
Total Rooms: 5
Water: Private
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Contact: 207-282-5988
Agent Name: Aaron Kollmeyer

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Shown By

Agent Name: Briana Burke
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 768.96 per month $478.50 Principal & Interest $227.75 Property Tax $62.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 12:05:06 AM EST) or MLSPIN MLS (last updated Wed 06/03/2026 11:38:42 PM EST) or Prime MLS (last updated Wed 06/03/2026 11:33:45 PM EST) or MREIS (last updated Wed 06/03/2026 11:55:16 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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