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Versatile Live/Work Property in Prime Newcastle Location. An exceptional opportunity to live and work just steps from downtown Newcastle and Damariscotta's vibrant shops, restaurants, and waterfront. This unique two-building property offers flexibility, income potential, and convenience in one of Midcoast Maine's most desirable locations. The property includes a separate 2-bedroom, 1-bath manufactured home, ideal for rental income or extended family, as well as a spacious 2-bedroom, 1-bath apartment located above a versatile 50' x 30' main building. The main building is built for business or hobby use, featuring: Radiant floor heating throughout Three large bays with sliding doors that can be used separately or together Ceiling-mounted 6,000 lb hoist for serious projects or commercial use Security camera system covering all areas With its flexible layout and prime location, this property is perfect for entrepreneurs, tradespeople, or investors seeking live/work convenience or multi-use rental options. Don't miss this rare chance to own a one-of-a-kind property in the heart of Newcastle. Also being listed as MLS # 1625926.

Property Details of 38 Academy Hill Road

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Reilly Real Estate participates in ©2025 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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