Monmouth Homes under $400,000

Monmouth Homes under $400,000

Welcome to Monmouth, Maine – a hidden gem nestled in the heart of Kennebec County! This charming town is known for its picturesque landscapes, friendly community, and a rich history that dates back to the early 18th century. With its serene lakes, lush forests, and vibrant local culture, Monmouth offers a tranquil escape from the hustle and bustle of city life while still providing easy access to nearby urban amenities.

Monmouth is not just a beautiful place to live; it’s also an affordable one. For homebuyers seeking value, the market here is particularly enticing, with a variety of homes available for under $400,000. Whether you're a first-time buyer, a growing family, or looking to downsize, you’ll find a diverse selection of properties that cater to different needs and preferences. From charming single-family homes with spacious yards to cozy cottages perfect for weekend getaways, there’s something for everyone in Monmouth.

The community is vibrant and engaged, offering numerous recreational activities including boating, fishing, and hiking in the surrounding natural beauty. Additionally, the town hosts various events throughout the year, fostering a strong sense of community and belonging.

With its affordable housing options and inviting atmosphere, Monmouth, ME, is the ideal place to plant your roots and create lasting memories. Come discover the charm of Monmouth and find your dream home today!

Newest Monmouth Homes under $400,000

49 N Main St, Monmouth
$350,000
4 Beds ⋅ 1 Baths ⋅ 1682299 MLS
Open House Thursday 10/1 from 4:30p - 6:00p. Welcome to 49 N. Main St in Monmouth! This wonderful and spacious 1,928± sq ft bungalow blends classic character with comfortable living spaces and a fantastic setting bordering Wilson Stream. The home features a very functional, updated kitchen with a garden window perfect for plants, a large family room with a gas fireplace for warmth and ambiance, cathedral ceiling, and French doors leading to a newly built deck overlooking the backyard. The living room offers beautiful character with a fieldstone fireplace and woodstove, while the dining room features a charming built-in hutch. Gorgeous birdseye maple floors add warmth and character throughout much of the home. With 4 bedrooms, including a first-floor bedroom, plus a 3-4 season sunporch, there is plenty of flexible space to enjoy. Outside, the backyard provides a peaceful setting with Wilson Stream bordering the end of the lot. A newer 12x12 shed and detached one-car garage provide excellent storage for tools, equipment, and recreational gear. The roof and chimney liners were replaced in 2017. Ideally located close to Wilson Pond and Androscoggin Lake and conveniently situated between Augusta and Lewiston/Auburn for an easy commute. A wonderful opportunity to enjoy classic Maine charm, generous living space, and a beautiful streamside setting.

49 N Main St, Monmouth

Listing courtesy of Fontaine Family-The Real Estate Leader.

137 Cobbossee Rd, Monmouth
$319,000
3 Baths ⋅ 1682040 MLS
Welcome to this versatile duplex in a small town setting, just outside of the town of Monmouth. The property offers the convenience of two separate driveways, providing easy access and added flexibility for residents, guests, or potential rental use. This property offers a combination of privacy and convenience while still being close to town amenities. Whether you're looking for an In-law suite, investment opportunity, a multi generational home, this duplex offers plenty of possibilities. One of the living quarter in on the first and second floor. The second residency is all on the first floor. You don't want to miss out, schedule your showing today.

137 Cobbossee Rd, Monmouth

Listing courtesy of Allied Realty.

38 Back St, Monmouth
$399,000
3 Beds ⋅ 2 Baths ⋅ 1680985 MLS
Welcome home to 38 Back Street! This spacious 3-bedroom home offers plenty of room to settle in and make it your own. The light-filled open concept kitchen and dining room features high ceilings and wood floors, creating a pleasant, turn-key living area. The living room is perfect for a sectional couch, and the bonus room is well suited as a home gym, art room, or guest space. Outside you'll find a large back deck, a fenced dog run, and a catio off of the kitchen, along with a backyard shed and a 14x24 garage for storage. The quiet 2-acre lot has the sought-after balance of yard space for gardening or play and forest for peace and privacy - schedule your showing today!

38 Back St, Monmouth

Listing courtesy of U&R Real Estate.

128 N Main St, Monmouth
$248,000
2 Baths ⋅ 1680392 MLS
BLANK CANVAS. BUILT-IN POTENTIAL. YOUR VISION STARTS HERE. Opportunity is knocking in Monmouth! If you've been waiting for a multifamily property where you can create the finished product your way, 138 N Main St deserves your attention. This duplex has already undergone a major transformation on the exterior, including new vinyl siding, new roof, new windows, new exterior doors, new decks and updated entryways. Inside, the property has been completely gutted and reframed, leaving a true blank canvas for the next owner to design and finish. The seller has intentionally stopped at this stage, giving the next owner the opportunity to determine the interior layout, finishes and final vision rather than paying for someone else's choices. Whether your strategy is to create two thoughtfully designed rental units, build an owner-occupied multifamily property, or take on a value-add project with the goal of maximizing the finished property's potential, this is the kind of opportunity that doesn't come along every day. The heavy lifting has already begun. The exterior has been brought forward, the interior has been opened up, and now it's time for the next owner to finish what was started. Located in Monmouth with convenient access to the surrounding communities, this property offers an exciting combination of multifamily potential, flexibility and value-add opportunity.

128 N Main St, Monmouth

Listing courtesy of The Maine Real Estate Experience.

329 Cobbossee, Monmouth
$375,000
4 Beds ⋅ 1 Baths ⋅ 1680317 MLS
Welcome to 329 Cobbossee Road. A charming 4-bedroom, 1-bath Ranch set on 1 well-maintained acre in Monmouth. Featuring a warm, rustic feel, sun-filled yard, and peaceful views of open fields across the road. Enjoy additional finished space in the basement, a wrap-around deck perfect for soaking up the summer sun, and an outdoor shed for extra storage. With direct access to a major road, commuting is convenient while still offering the feel of a peaceful country setting.

329 Cobbossee, Monmouth

Listing courtesy of Coldwell Banker Realty.

58 Waugan Rd, Monmouth
$290,000
4 Beds ⋅ 1 Baths ⋅ 1679363 MLS
Looking for open space with room to grow? Here it is! Located just 25 minutes from Lewiston and Augusta and 15 minutes from boat launches on Cobboseconte and Annabessacook Lake, this is the perfect spot! 2 acres of open space with a garden and plenty of room for chickens or homesteading, maybe even a horse or two, surrounded by fields. This 1840's farmhouse has beautifully refinished hardwood floors and built in shelving around the woodstove providing old world charm, combined with 2 heat pumps for easy updated heating and cooling. A little updating in the kitchen will give anyone the perfect balance of modern and classic ready to be loved for years to come.

58 Waugan Rd, Monmouth

Listing courtesy of Meservier & Associates.

183 Annabessacook Rd, Monmouth
$325,000
4 Beds ⋅ 1 Baths ⋅ 1676987 MLS
Tucked away in a peaceful country setting, this 1968 Cape offers the perfect balance of privacy and convenience. With 4 bedrooms and 1 full bath, the 1,253-square-foot home provides comfortable living on a unique parcel with 14 acreas located in both Monmouth and Winthrop--a rare opportunity offering additional space and flexibility. Enjoy the feeling of country living while remaining just minutes from the lakes, schools, shopping, restaurants, and everyday amenities of both Monmouth and Winthrop, with an easy commute to Augusta, Lewiston/Auburn, and I-95. Whether you're looking for your first home, a place to put down roots, or simply room to enjoy the outdoors, this property offers endless potential. If you've been searching for a home that combines rural charm, privacy, and convenience, this one is well worth a look.

183 Annabessacook Rd, Monmouth

Listing courtesy of EXP Realty.

44 Scott Dr, Monmouth
$249,000
2 Beds ⋅ 2 Baths ⋅ 1676157 MLS
Tucked away on a private road just off Route 126, this unique property offers 26 acres with views of Tacoma Lakes. The home features two bedrooms, two full bathrooms, and a full walkout basement with an under-home garage. Enjoy the privacy and natural beauty as your year-round home, peaceful getaway, or explore the property's potential for future development. Property is being sold as-is. The property may not qualify for traditional financing.

44 Scott Dr, Monmouth

Listing courtesy of EXP Realty.

212 Annabessacook Rd, Monmouth
$310,000
2 Beds ⋅ 1 Baths ⋅ 1675719 MLS
Remodeled, efficient, and meticulously cared for, this updated ranch is rural yet conveniently located just one mile from Route 202. This means easy access to Lewiston/Auburn, Augusta, and the many small towns in between, as well as a favorable distance to Interstate I-95! Inside, you'll be welcomed with brand new hardwood floors throughout, a remodeled living room space with a heat pump, a beautiful kitchen with butcher block countertops, and so much more! It also has a heated, finished bonus area in the basement just waiting to be turned into whatever your heart desires. This home truly has the ability to check off most every box on your list. It's also close to many desirable central Maine Lakes, which means close to public beaches, boat launches, and beautiful hiking trails. It's also close to a couple of desirable golf courses, restaurants, ice cream shops, and more. Come see it while you still have a chance!

212 Annabessacook Rd, Monmouth

Listing courtesy of Real Broker.

Tbd Sandy, Monmouth
$350,000
3 Beds ⋅ 2 Baths ⋅ 1675302 MLS
Brand-new affordable home being built in the quiet, growing subdivision of Hillcrest Estates on Sandy Drive in Monmouth! Offered in partnership with Maine State Housing. This 1,197 sq. ft. ranch will feature 3 bedrooms, 2 full baths, an attached 2-car garage, and a convenient laundry room, all on a slab foundation, with public water and public sewer!! Enjoy energy-efficient heat pumps, a portable generator hookup, an EV charging outlet, and a spacious ½-acre lot. Don't miss this opportunity to own a beautiful new home with modern amenities in a peaceful neighborhood.

Tbd Sandy, Monmouth

Listing courtesy of NextHome Northern Lights Realty. Office@NextHomeNLR.com
Tbd Sandy, Monmouth
$350,000
3 Beds ⋅ 2 Baths ⋅ 1675301 MLS
Brand-new affordable home being built in the quiet, growing subdivision of Hillcrest Estates on Sandy Drive in Monmouth! Offered in partnership with Maine State Housing. This 1,197 sq. ft. ranch will feature 3 bedrooms, 2 full baths, an attached 2-car garage, and a convenient laundry room, all on a slab foundation with public water and public sewer! Enjoy energy-efficient heat pumps, a portable generator hookup, an EV charging outlet, and a spacious ½-acre lot. Don't miss this opportunity to own a beautiful new home with modern amenities in a peaceful neighborhood.

Tbd Sandy, Monmouth

Listing courtesy of NextHome Northern Lights Realty. Office@NextHomeNLR.com
Tbd Sandy, Monmouth
$350,000
3 Beds ⋅ 2 Baths ⋅ 1675300 MLS
Brand-new affordable home being built in the quiet, growing subdivision of Hillcrest Estates on Sandy Drive in Monmouth! Offered in partnership with Maine State Housing. This 1,197 sq. ft. ranch will feature 3 bedrooms, 2 full baths, an attached 2-car garage, and a convenient laundry room, all on a slab foundation, with public water and public sewer!! Enjoy energy-efficient heat pumps, a portable generator hookup, an EV charging outlet, and a spacious ½-acre lot. Don't miss this opportunity to own a beautiful new home with modern amenities in a peaceful neighborhood.

Tbd Sandy, Monmouth

Listing courtesy of NextHome Northern Lights Realty. Office@NextHomeNLR.com
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