Hallowell Homes under $500,000

Hallowell Homes under $500,000

Welcome to Hallowell, Maine—a charming city that perfectly blends small-town warmth with a vibrant artistic spirit. Nestled along the banks of the Kennebec River in Kennebec County, Hallowell is known for its picturesque streets lined with historic buildings, eclectic shops, and a thriving arts scene. With a population of just over 2,500 residents, this quaint city offers a welcoming atmosphere, making it an ideal place for families, young professionals, and retirees alike.

One of Hallowell’s standout features is its rich history, which is beautifully preserved in its architecture and local landmarks. Stroll down Water Street, where you can explore unique boutiques, cozy cafes, and art galleries showcasing local talent. The city's strong sense of community is evident in its numerous events throughout the year, from farmers’ markets to art walks, ensuring there’s always something happening.

For those looking to call Hallowell home, the real estate market offers an impressive selection of homes priced under $500,000. Whether you’re seeking a charming historic home with character or a modern abode with all the amenities, Hallowell has something to suit every taste and budget. With its affordable housing options, you can enjoy the benefits of city living without breaking the bank.

Imagine sipping your morning coffee on a sunlit porch or hosting friends in a spacious backyard. In Hallowell, these dreams can become a reality. Discover the perfect home in this enchanting city and experience the blend of community, culture, and natural beauty that makes Hallowell a truly special place to live.

Newest Hallowell Homes under $500,000

62 Central St, Hallowell
$454,000
3 Beds ⋅ 2 Baths ⋅ 1681064 MLS
In-town Hallowell living with something you don't often find-a spacious .69 acre lot and room to imagine what comes next. 62 Central Street, a home thoughtfully reimagined for today's lifestyle while preserving the character and details that give an older home its charm. Inside, updated modern conveniences blend naturally with warm hardwood floors and the home's original personality. Multiple living spaces offer flexibility for gathering, working from home, entertaining, or simply finding a quiet place to unwind. For those dreaming of even more space, the unfinished attic presents exciting potential to expand the home's living area-picture a private primary suite tucked away on it's own level. Outside is where this in-town property really sets itself apart. the oversized lot creates room to garden, entertain, play, relax around a fire, or simply enjoy a private backyard while still being close to the heart of Hallowell. The detached garage adds another layer of possibility and personality, with potential to explore an accessory dwelling unit, subject to approval. This property gives you choices choices; enjoy the home and generous outdoor space exactly as they are today or continue reimagining them over time. Historic character, modern updates, flexible spaces, expansion potential, and a surprisingly large lot, all coming together just moments away from Hallowell's vibrant downtown. At 62 Central Street, you don't have to choose between in-town living and having room to breath-you can have both.

62 Central St, Hallowell

Listing courtesy of Breakwater Realty Group, LLC.

21 High St, Hallowell
$424,900
3 Beds ⋅ 4 Baths ⋅ 1680796 MLS
This charming, updated Colonial offers 3-bedrooms and 2.5-baths while it blends classic character with modern comfort. Located in the heart of Hallowell in a wonderful, walkable neighborhood. Inside, the spacious living room features beautiful hardwood floors and a brick fireplace, creating a cozy gathering space with timeless appeal. The open kitchen and dining area provide an ideal setting for everyday living and entertaining, with generous cabinetry and plenty of natural light. The home offers three comfortable bedrooms, including a primary bedroom with its own bath, along with another 1.5 baths for added convenience. Hardwood and tile flooring, thoughtful updates, and a full walk-out basement provide both character and practical living space. There's even a wine cellar to discover! Outside, enjoy the well-landscaped yard, patio, and deck—perfect for relaxing, gardening, or entertaining. A detached garage adds valuable storage and parking space. Located on High Street, this home offers the best of Hallowell living: a quiet residential setting while remaining close to the city's vibrant downtown, restaurants, shops, arts, and the Kennebec River. The recent heating system updates provide peace of mind and an efficient gas system. Schedule your private showing today or join us at the Open House on Saturday, September 19th from 11am-1:30pm.

21 High St, Hallowell

Listing courtesy of EXP Realty.

51 Winthrop St Unit 1B, Hallowell
$499,000
2 Beds ⋅ 3 Baths ⋅ 1679891 MLS
Move-in ready 2-bedroom, 2.5-bath condo offering modern comfort, easy living, and an unbeatable Hallowell location. The well-appointed kitchen features granite countertops and a contemporary feel, while hardwood flooring and tile throughout add style and durability. Energy-efficient features help keep everyday living comfortable and economical. Enjoy your own outdoor patio—perfect for morning coffee, grilling, or relaxing at the end of the day. Complete with an elevator shaft in case you want to add an elevator some day. Conveniently located near walking trails and just minutes from downtown Hallowell, with its shops, restaurants, and vibrant community atmosphere. A great opportunity for low-maintenance living in one of the area's most desirable locations. Come see all this condo has to offer!

51 Winthrop St Unit 1B, Hallowell

Listing courtesy of Sprague & Curtis Real Estate. earle@spragueandcurtis.com
25 Mayflower Rd, Hallowell
$499,000
4 Beds ⋅ 3 Baths ⋅ 1679258 MLS
A amazing Hallowell ranch with 3,500 square feet and a layout that actually makes sense for two households under one roof. The in-law wing sits at the west end with its own kitchenette, a 20-foot family room, a bedroom, and a bathroom on the second floor of the unit. The main living room is nearly 25 feet with light taking over the space and a mini-split for heating and cooling. The dining room opens to a kitchen with stainless appliances and good counter space. The house has nice hardwood floor throughout. The primary suite has vaulted ceiling, and two skylights, with french doors to the backyard, a 12x6 walk-in closet already fitted with shelving and shoe storage, and a bath with double vanity and jetted tub. Two more bedrooms and a full bath on this level, one with built-ins that would make an easy office. Downstairs, a 25-foot rec room with fireplace, a big laundry room, and 559 square feet of dry storage awaits. There is a two car garage, one with an oversized door. The lot is level, and has mature trees. This property is minutes to Water Street and an easy run to Augusta. Take a look today!

25 Mayflower Rd, Hallowell

Listing courtesy of Summit Real Estate.

94 Smith Rd, Hallowell
$450,000
4 Beds ⋅ 3 Baths ⋅ 1677410 MLS
Welcome to this expansive raised ranch offering over 3,500 square feet of thoughtfully designed living space on 1.57 acres in a desirable country setting in Hallowell. With 4 bedrooms, 3 bathrooms, and an abundance of flexible living space, this home is perfectly suited for families, entertaining, and everyday living. The main level features an inviting open-concept living and dining area, a primary bedroom with en suite bathroom, plus an additional bedroom and full bathroom. A bonus room above the attached garage provides even more flexibility for a home office, playroom, hobby space, or additional gathering area. The finished lower level offers two additional bedrooms, a full bathroom, and a generous bonus living area that flows directly into a large mudroom with convenient access to the attached garage. With multiple gathering spaces and room for everyone to spread out, there is no shortage of space for family and guests alike. If you have been searching for a home that combines generous living space, flexibility, and a peaceful country setting while remaining close to everything you love about Hallowell, look no further. This property truly has space for the whole family to live, gather, entertain, and enjoy.

94 Smith Rd, Hallowell

Listing courtesy of Coldwell Banker Realty.

15 Mayflower Rd, Hallowell
$425,000
3 Beds ⋅ 2 Baths ⋅ 1677287 MLS
Midcentury Modern Charm in the Heart of Hallowell...Welcome to 15 Mayflower Road, a distinctive midcentury modern ranch that blends timeless design, artistic character, and comfortable modern living in one of Maine's most charming communities. This inviting 3-bedroom, 2-bath home has personality at every turn. The living room features beautiful natural light, a wood burning fireplace, and a striking mural created by acclaimed Maine artist Ebyn Moss. A new sunroom overlooking the peaceful backyard was added in 2025. It's the perfect spot for morning coffee, afternoon reading, entertaining friends, or simply enjoying the changing Maine seasons. The extra-long garage can accommodate up to three vehicles, while offering plenty of room for storage, hobbies, outdoor equipment, and all the things that come with Maine living. And then there's the location. 15 Mayflower is close to downtown Hallowell, one of Maine's most picturesque and beloved small-town destinations. Enjoy an easy trip to local restaurants, shops, bars, galleries, and cafes, then wander down to the Kennebec River and the town's famous colorful Adirondack chairs to relax by the water.

15 Mayflower Rd, Hallowell

Listing courtesy of Hoang Realty.

13 Foye Rd, Hallowell
$385,000
3 Beds ⋅ 2 Baths ⋅ 1677100 MLS
Welcome home to this well-maintained and updated property, situated on a quiet, low-traffic street just minutes from town. Offering a wonderful blend of comfort, convenience, and easy living, this inviting home is ready to welcome its next owners. Inside, you'll find three bedrooms and 1.5 bathrooms, along with an open and inviting living room highlighted by a cozy propane fireplace and view of the generously sized backyard. The primary bedroom offers an added touch of warmth and ambiance with its own electric fireplace and beautiful natural lighting, creating a comfortable retreat at the end of the day. Outside, the well-cared-for property continues to impress with a fenced-in backyard and back deck, providing a private setting for entertaining, relaxing, or enjoying outdoor activities. An oversized garage provides excellent parking and storage space, adding both convenience and versatility to the property. For people who would love to live in Hallowell but worry about PFAS, this well has been found to be clear! With shopping, dining, and everyday amenities just minutes away, this home offers both a peaceful setting and convenient access to town. Clean, comfortable, and beautifully maintained, this property is ready for you to move in and make it your own.

13 Foye Rd, Hallowell

Listing courtesy of Harcourts Waterfront & Fine Properties.

332 Water St, Hallowell
$449,000
3 Beds ⋅ 3 Baths ⋅ 1676346 MLS
Enjoy this elegant home with a welcoming, covered front porch, wood floors throughout, and unique light fixtures along with a spacious living room, a room on the first floor currently used as an office/guest room and three bedrooms located on the second floor. A very special feature is the spacious, light-filled studio with a separate entrance, vaulted ceiling, bamboo flooring, radiant floor heat and expansive views toward the landscaped gardens and river; this exquisite space could be your Master bedroom, family room, or office. Solar panels provide a low electric bill. Conveniently positioned near downtown Hallowell, the property offers easy access to local restaurants, shops, cultural attractions, the Kennebec River Rail Trail, I-95 and I-295. Water Street presents a truly special opportunity to own a versatile property in one of Central Maine's most charming riverfront communities. Interested in gardening? Step into your own private oasis with a professionally designed, mature landscape masterpiece designed for ultimate beauty and low-maintenance luxury. The parking lot transitions into a tranquil Zen garden retreat, anchored by a perfectly manicured crushed bluestone walkway and strategic accent plantings. A stunning collection of premium, mature PJM Rhododendrons delivers vibrant early-spring color and rich winter mahogany foliage, beautifully balanced by a lush mix of multi-season flowering deciduous shrubs. Shadier zones are effortlessly framed by an established, dense hosta bed that provides clean lines and excellent natural weed suppression. As a delightful bonus, a mature, producing fruit tree offers a bountiful summer harvest of delicious peaches straight from your backyard.

332 Water St, Hallowell

Listing courtesy of Hoang Realty.

89 Water St Unit 2, Hallowell
$325,000
2 Beds ⋅ 1 Baths ⋅ 1674522 MLS
Experience the charm of historic Hallowell from the heart of one of Maine's most beloved riverfront communities. Ideally situated in the village center, this 2 bedroom, 1 bath condominium places you steps from Granite City Park, with scenic views of the Kennebec and an easy stroll to restaurants, galleries, and shops. Originally built in 1892 during Hallowell's storied mill era, the 1107-square-foot home blends timeless character with modern comfort. Rich wood floors, mill-inspired details, and a striking brick fireplace feature offer warmth and authenticity. while the open concept kitchen, dining, and living area provides a wonderful flow for entertaining or unwinding. Thoughtful updates throughout ensure easy, move-in ready living. Whether you're seeking a full time residence, a low maintenance second home, or a savvy investment, this condo offers exceptional flexibility. With a strong track record as a sought-after short-term rental. Historic charm, walkable convenience, river views, and modern comfort 89 Water Street Unit 2, truly captures the best of downtown Hallowell.

89 Water St Unit 2, Hallowell

Listing courtesy of Keller Williams Realty.

1 Janabye Ln, Hallowell
$339,000
3 Beds ⋅ 1 Baths ⋅ 1665428 MLS
Nestled in the picturesque countryside of Hallowell, this beautiful Cape farmhouse offers the perfect blend of rural charm and modern convenience. Featuring three bedrooms, including a first-floor primary bedroom and full bath, this home provides comfortable and flexible living space. A town-approved building permit has already been secured, along with the plumbing application, for the addition of a second half bathroom upstairs, providing an excellent opportunity to expand the home's functionality. A full basement offers excellent storage and potential for additional use. The home has seen newer updates while carefully preserving its original character and timeless charm, creating a warm and inviting atmosphere throughout. An attached garage adds convenience, while the private yard overlooks rolling fields and scenic hills, providing a peaceful backdrop in every season. Enjoy the tranquility of country living just 3 minutes from downtown Hallowell, where you'll find charming shops, local restaurants, art galleries, and the beautiful riverfront. Conveniently located 10 minutes from Augusta and approximately 45 minutes from Portland, this property offers the perfect balance of privacy and accessibility. A rare opportunity to own a home with character, beautiful views, and an exceptional location. A must-see!

1 Janabye Ln, Hallowell

Listing courtesy of Keller Williams Realty.

2 Warren St, Hallowell
$415,000
5 Beds ⋅ 3 Baths ⋅ 1657846 MLS
Step back in time...and experience the charm of a truly special home in Hallowell. This antique Federal home in downtown Hallowell is rich with history, timeless character, and tasteful updates. This home features 4-5 bedrooms and 3 full baths. According to the seller's detailed research, this home was most likely built in the late 1700's and stands as a rare piece of Maine's early craftsmanship. This property is the birthplace of John Lord-builder of many historic Hallowell landmarks and the Maine State House in Augusta. Inside, you'll find original pumpkin pine floors...beautifully preserved and 2 working fireplaces, on in the dining room and one in the primary bedroom. Spacious kitchen with lots of cabinet storage. The first floor has an additional bedroom, living room, and den. Upstairs are three additional spare bedrooms, a bathroom and the primary bedroom with an en suite bath. Unique large foyer space separates the bedrooms upstairs. Half of the third floor attic has been transformed into additional living space-offering charming character and lovely winter views of the Kennebec River. This spacious home has undergone many thoughtful updates, including the kitchen, bathrooms, roof, windows, and electrical system throughout this person's ownership. Enjoy a brand new energy-efficient natural gas heat, along with two heat pumps for comfortable cooling and heating in every season. Step outside, and the backyard is a private retreat with the wooden pergola surrounded by a privacy fence, granite hardscaping and lush perennial gardens that bloom season after season. It's a space designed for quiet mornings and evening gatherings. Historic. Inviting. One of a kind. Opportunities like this don't come often. Come experience downtown Hallowell living at its finest. Schedule your private showing today.

2 Warren St, Hallowell

Listing courtesy of Sprague & Curtis Real Estate. tyler@spragueandcurtis.com
74 Second St Unit A, Hallowell
$399,500
2 Beds ⋅ 3 Baths ⋅ 1654359 MLS
Extremely rare offering. Stunning 3 story condo located within walking distance to downtown Hallowell. First floor features an open concept kitchen/dining/living. There is also a 1/2 bath and family room. The living room has sliders to the rear deck, and also a beautiful hearth with woodstove. Second floor has 2 oversized bedrooms and a full bath. Laundry is also on the second floor. BONUS!! The lower level is another whole unit with its own gorgeous kitchen, living room, 2 bedrooms and full bath. Ideal for in-laws, air bnb rental, or just another stunning Hallowell rental. Imagine getting two units for one. This building is impeccable. All systems updated, well landscaped, stunning curb appeal. There are currently two GREAT tenants paying $1,350 and $2215 per month. (Photos are similar and are of the neighbors unit)

74 Second St Unit A, Hallowell

Listing courtesy of LAER.

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