Boothbay Homes under $500,000

Boothbay Homes under $500,000

Welcome to Boothbay, Maine—a picturesque coastal town nestled in Lincoln County that captures the essence of New England charm. Known for its stunning waterfront views, vibrant arts scene, and rich maritime history, Boothbay is a haven for those seeking both adventure and tranquility. With its quaint streets lined with unique shops, delectable dining options, and breathtaking natural beauty, Boothbay is more than just a destination; it’s a lifestyle.

For homebuyers seeking an affordable slice of this coastal paradise, Boothbay offers a variety of charming homes under $500,000. Whether you’re looking for a cozy cottage with ocean views, a modern townhouse near the bustling harbor, or a classic New England home set amidst lush greenery, there’s something for everyone in this welcoming community. Imagine waking up to the sound of waves lapping against the shore or enjoying a sunset stroll along the scenic coastal paths—all within reach when you call Boothbay home.

The local real estate market is thriving, with opportunities for both first-time homebuyers and those looking to invest in a vacation property. The town is known for its friendly atmosphere and strong sense of community, making it an ideal place for families, retirees, or anyone looking to enjoy a slower pace of life.

With its stunning landscapes, rich history, and affordable housing options, Boothbay is not just a place to live; it’s a place to thrive. Come explore the possibilities that await you in this enchanting coastal gem!

Newest Boothbay Homes under $500,000

494 Wiscasset Rd, Boothbay
$399,000
2 Beds ⋅ 3 Baths ⋅ 1682301 MLS
This versatile property offers the rare combination of residential living, flexible additional spaces, and established income-producing potential in a highly visible Route 27 location. Conveniently located just minutes from the harbor waterfront, marinas, restaurants, shopping, and year-round attractions, this property provides both everyday convenience and the opportunity to enjoy the coastal lifestyle of the Boothbay Peninsula. The well-maintained residential component features 2 bedrooms, 1.5 baths, updated flooring, modern appliances, and a three-season sunroom. A separate spa/office suite with its own private entrance and half bath provides exceptional flexibility for a home office, wellness space, studio, guest area, or other permitted use while maintaining separation from the main living area. Additional space is available in the heated garage/showroom, previously used as a flooring showroom. The expansive area offers potential for storage, a workshop, studio space, or other permitted uses. A circular driveway and generous parking provide convenient access for residents, clients, or guests. Currently operated as a short-term rental, the property offers an established rental history with future reservations already scheduled. Rental history, reservation calendar, and additional operating information are available upon request. Any existing reservations, rental agreements, credits, or other obligations shall be subject to terms negotiated between the parties. Whether envisioned as a year-round home, a flexible live/work property, or an opportunity to generate rental income, 494 Wiscassett Road offers an uncommon combination of residential comfort, flexibility, visibility, and investment potential in the Boothbay market. Prospective purchasers should independently verify zoning, permitted uses, licensing requirements, rental regulations, and suitability for intended use with the Town of Boothbay and applicable authorities.

494 Wiscasset Rd, Boothbay

Listing courtesy of Better Homes & Gardens Real Estate/The Masiello Group.

Start Your Search

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

This information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be intrested in purchasing.

Privacy Policy

Your privacy on the Internet is important to us. This Privacy Statement is to inform you that we will not provide your personal information to any third parties except as required by law or expressly authorized by you. We do not sell, trade, barter, or share information obtained from use of this site with any other businesses or people. All information gathered from a visitor to this web site is used solely by this office and/or its affiliated licensee(s). For additional information, please contact this office.