Waterville Homes under $500,000

Waterville Homes under $500,000

Welcome to Waterville, Maine, a charming city nestled in the heart of Kennebec County. Known for its rich history and vibrant community, Waterville is a delightful blend of small-town charm and modern amenities. With its picturesque landscapes, friendly neighborhoods, and a strong sense of community, it's no wonder that many are drawn to call this lovely city home.

Waterville boasts a variety of local attractions, including beautiful parks, art galleries, and a bustling downtown area filled with unique shops and restaurants. The city is also home to Colby College, which adds a youthful energy and cultural vibrancy to the community. Outdoor enthusiasts will appreciate the nearby Kennebec River, perfect for kayaking, fishing, and scenic walks along the waterfront.

For those looking to settle down in this idyllic setting, Waterville offers a range of homes under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find a diverse selection of properties that cater to various tastes and lifestyles. From charming historic homes to modern constructions, there's something for everyone in this affordable market.

With its welcoming atmosphere, rich cultural offerings, and access to nature, Waterville is an exceptional place to live. Explore the possibilities of homeownership in this beautiful city, where your dream home awaits at an accessible price point. Discover the charm of Waterville, and make it your new home today!

Newest Waterville Homes under $500,000

32 Meadow Dr, Waterville
$339,500
2 Beds ⋅ 2 Baths ⋅ 1682815 MLS
Enjoy easy one-floor living in this pristine 2019 ranch in the desirable 55+ community of The Meadows of Fieldstone Landing. Designed for accessibility and convenience, this home features step-free entry doors and luxury vinyl plank flooring throughout. The open kitchen boasts white shaker cabinets, generous storage, an island, and stainless appliances. The master suite includes a walk-in shower with ample closet space. A versatile second bedroom sits next to a full bath and first-floor laundry, perfect for a home office, hobby room, or guest space. A four-season sunroom opens to a patio with private nature views. High-efficiency features include radiant floor heat, heat pump, and mini-split cooling. The oversized 2-car garage includes built-in shelves and stairs to a large, floored attic. Tucked away on a quiet dead-end road, you are still minutes from grocery stores, I-95, and downtown Waterville. Simplify your life without sacrificing quality, schedule your tour today!

32 Meadow Dr, Waterville

Listing courtesy of EXP Realty.

6 Jasmine Ln, Waterville
$349,900
2 Beds ⋅ 1682713 MLS
We are pleased to announce the availability of these newly built ranch style homes in the brand new neighborhood, Newman Meadows. 2 more homes almost ready to occupy! This 55+ residential community in Waterville is offering 2 floor plans, lawn mowing & snow plowing. Model home open to view. These beautiful 2-bedroom, 1 bath ranches are thoughtfully planned with an attached garage and plenty of storage. Stylish finishing touches include granite counters, under cabinet lighting, vaulted pine ceiling, fireplace, pantry. A step in shower with a seat, water jets and lighting. The homes comes fully applianced, is energy efficient with heat pumps & plenty of natural light. Nice front porch. Town paved road.

6 Jasmine Ln, Waterville

Listing courtesy of Sprague & Curtis Real Estate. ann@spragueandcurtis.com
33 Franklin St, Waterville
$225,000
2 Beds ⋅ 1 Baths ⋅ 1682246 MLS
OFFER DEADLINE 10/3/2026 at 4:00pm. Welcome to 33 Franklin Street, this well-maintained 2 bedroom, 1 bathroom home nestled in a quiet dead-end neighborhood. Featuring many recent updates, this property offers a comfortable blend of charm and convenience. Enjoy beautiful hardwood floors, a welcoming front porch, and established perennial gardens that add seasonal color and curb appeal. Conveniently located close to shopping, restaurants, and everyday amenities, this home is a wonderful opportunity for those looking for a peaceful setting without sacrificing accessibility.

33 Franklin St, Waterville

Listing courtesy of Integrity Homes Real Estate Group, PC.

49 Victoria Dr, Waterville
$35,000
2 Beds ⋅ 1 Baths ⋅ 1682170 MLS
Motivated Seller! This 2 bed/1 bathroom home will be ideal for someone looking to move-in and add their personal touches. Updates include a brand new furnace, 275 gallon K-1 tank and line, chimney cap, skirting, hot water tank and plumbing. Home is being sold AS-IS, will not finance.

49 Victoria Dr, Waterville

Listing courtesy of Plowman Realty Group.

61 Roosevelt Ave, Waterville
$269,900
2 Beds ⋅ 1 Baths ⋅ 1682077 MLS
Come and see this inviting 2-bedroom, 1-bath ranch located in a pleasant, walkable neighborhood in Waterville. The home offers a comfortable, well-designed layout with convenient one-level living and a nice backyard that provides space to relax and enjoy the outdoors. A one-car garage adds valuable storage and parking convenience. Ideally situated close to parks, trails, the Alfond Youth & Community Center (AYCC), Colby College, shopping, dining, and the many amenities Waterville has to offer.

61 Roosevelt Ave, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

38 Webb Rd, Waterville
$415,000
3 Beds ⋅ 2 Baths ⋅ 1682073 MLS
Welcome to 38 Webb Road- A brand new home, a convenient location, and the opportunity to make it your own before construction is complete. This brand new 3-bedroom, 2-bathroom home is currently under construction on the outskirts of Waterville, offering buyers the opportunity to make select decisions based on the stage of construction and project timeline. Step inside to an open concept kitchen and living area featuring cathedral ceilings and an abundance of natural light, creating a bright and functional space for everyday living. The primary suite offers a private retreat with a walk-in closet and en suite bath featuring a tiled shower. Two additional bedrooms and a second full bathroom complete the living space. An attached two car garage adds convenience and additional storage. Enjoy the opportunity to own a brand-new home while remaining close to everything Waterville has to offer. Located just minutes from shopping, downtown Waterville, Thomas College, Colby College, Waterville Country Club, and convenient access to I 95. More photos to come.

38 Webb Rd, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

3 Redington St, Waterville
$224,900
3 Beds ⋅ 2 Baths ⋅ 1681963 MLS
Welcome to 3 Redington Street, Waterville, an adorable single-family home that perfectly blends classic character with modern upgrades. Originally built in 1920, this 3-bedroom, 1.5-bathroom residence features approximately 1,099 square feet of beautifully finished living space on a low-maintenance 3,049 square foot lot. All the hard work has been professionally done for you, making this home a truly turn-key opportunity. Step inside to discover a bright and inviting layout boasting a completely updated kitchen, with beautiful butcher block countertops, brand-new cabinets with soft-close doors and drawers, and modern appliances. With one full bath and one convenient half bath, this layout provides great functional comfort. Reliability, and energy efficiency were top priorities during the extensive 2024 renovation. The home features 3 brand-new heat pumps, offering high-efficiency heating in the winter and crisp air conditioning all summer long, backed up by a 2-year-old propane boiler for ultimate peace of mind. Complete with a brand-new electrical panel, new insulation, updated windows, new flooring, fixtures, lighting & appliances. This property is situated just a short, convenient walk to beautiful Historic Downtown Waterville. You'll enjoy easy access to local restaurants, shopping, live theater performances, independent films, and community amenities. For commuters, the home offers a straightforward, easy drive to both Augusta and Skowhegan. Whether you are a first-time homebuyer looking for a hassle-free start or looking to downsize into a high-efficiency property, 3 Redington Street is ready to welcome you home.

3 Redington St, Waterville

Listing courtesy of Hoang Realty.

11 Brescia Ct, Waterville
$399,900
4 Beds ⋅ 2 Baths ⋅ 1681843 MLS
A lot has changed at 11 Brescia Court. This 4 bedroom Waterville Colonial offers an updated interior and a long list of recent improvements, creating a move-in-ready home where much of the work has already been done. Major systems have been updated, while extensive exterior and property improvements further enhance the home's appeal. Inside, a comfortable and inviting layout is complemented by a wood-burning fireplace that adds warmth and character to the living space. Outside, new lawns, privacy plantings and refreshed landscaping create an attractive and welcoming outdoor setting. The home also features an attached garage and public water and sewer, all set at the end of a paved dead-end street offering a peaceful, tucked-away setting. Outdoor enthusiasts will appreciate being just minutes from Quarry Road Trails, a year-round recreation destination offering miles of trails for hiking, biking, cross-country skiing and more. Be sure to review the complete Property Improvements & Upgrades list to see everything that's been completed at 11 Brescia Court.

11 Brescia Ct, Waterville

Listing courtesy of RE/MAX Realty One.

121 Western Ave, Waterville
$270,000
3 Beds ⋅ 1 Baths ⋅ 1681737 MLS
Welcome to this 3-bedroom, 1-bath home conveniently located in the heart of Waterville! The inviting open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a comfortable space for everyday living and entertaining. The living room features a striking cathedral ceiling and hardwood flooring, while the updated kitchen provides a fresh, functional space for the home chef. Upstairs, a versatile loft area offers additional living space along with a separate bedroom. Outside is a fenced-in backyard and deck—perfect for relaxing, entertaining, or enjoying your own private outdoor space. Conveniently located near I-95, making commuting a breeze. Some areas are ready for your own personal touch, but with its desirable location and functional layout this home offers an opportunity for its new owners to bring their vision and creativity to life.

121 Western Ave, Waterville

Listing courtesy of Everett Realty Group.

89 North St, Waterville
$239,900
4 Beds ⋅ 2 Baths ⋅ 1681717 MLS
Charming Cape Cod in a Convenient Waterville Location Welcome to this charming Cape Cod, offering a bright and inviting atmosphere with fresh paint throughout and an abundance of natural light. The home combines classic character with comfortable living spaces, creating a warm and welcoming place to call home. Enjoy the nice fenced-in backyard, offering privacy and a wonderful outdoor space for relaxing, entertaining, or enjoying time with family and friends. Off-street parking adds everyday convenience, while the private backyard provides a peaceful retreat. Ideally located with easy access to downtown Waterville, Colby College, local parks, shopping, and restaurants, this property makes it simple to enjoy the best of the area. Whether you're looking for nearby amenities, outdoor recreation, or the convenience of town living, this charming Cape Cod offers a desirable location and a welcoming place to call home.

89 North St, Waterville

Listing courtesy of Realty of Maine.

36 Silver St, Waterville
$364,900
5 Beds ⋅ 3 Baths ⋅ 1681595 MLS
FOR SALE OR LEASE: BUILDING UNIT. The original, front portion of this very distinctive property is being offered for sale; presenting a unique opportunity for an owner-occupied business, professional office space, or live/work arrangement. Recently renovated, with sheetrock walls, and original molding throughout, this property lends 13 total rooms, plus one full bathroom, two half-baths, laundry and a full kitchen across two-and-a-half floors. The property currently offers approximately six or more potential office spaces. The second floor can comfortably be occupied as a 3-bedroom apartment, or additional rental space. Floor plans and layouts are included in the listing photos. Offering exceptional flexibility for residential, professional, or business use, the generous layout can accommodate professional offices, mixed-use tenancy, an owner-occupied business, or a live/work arrangement. Imagine the convenience and potential savings of living where you work, operate your business on the first floor while using the second and third floors as your private residence. Alternatively, utilize the property entirely for your own business, professional offices, or a combination of owner-occupied and rental space. Located just a short, walkable distance from Main Street and downtown Waterville. Minutes from Colby College, and major corridors, the property will benefit from consistent rental demand and convenient access to services, dining, and cultural events. Features include a functional layout, and ample on-site parking. The building and lot have been surveyed; sale will produce deed specific to front building and its land. The front building can be purchased or leased. Live here. Work here. Invest here. The possibilities are yours to explore.

36 Silver St, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

5 Victoria Dr, Waterville
$65,000
2 Beds ⋅ 2 Baths ⋅ 1681381 MLS
If you're looking for affordable, clean, one level living, look no further! This well-maintained home is ready for its new owner. Featuring 2 full bathrooms, an eat in kitchen, and a peaceful deck, this property requires zero work to move in. Located close to Thomas College, and all the amenities of downtown Waterville. Reach out for your private showing today!

5 Victoria Dr, Waterville

Listing courtesy of Real Broker.

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