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27 Water Street, Orono, ME 04473

Penobscot County

Key Facts

2Beds
1Baths
734Sq Ft
1948Year Built
0.13Lot (acres)

Description

Welcome to 27 Water St in downtown Orono! This cozy 2-bed, 1-bath home delivers convenience, character, and tons of potential. Enjoy a bright, sun-filled porch that doubles as a living space, plus a surprisingly spacious bonus room in the basement--ideal for storage, a workshop, or a creative retreat. This ''small but mighty'' home offers an easy-to-maintain layout with plenty of charm and the chance to add your own style. At this price, it's an excellent opportunity--whether you're an investor seeking a turnkey rental or a buyer ready to bring new life to a home with great bones.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Cottage / Ranch

Year Built

1948

Living Area

734 sq ft

Lot Size

0.13 acres

Zoning

MDR

MLS® Listing#

1661380

Property Features

Appliances

DryerGas RangeRefrigeratorWasher

Cooling

None

Heating

OilForced Air

Flooring

LaminateHardwoodLinoleum

Basement

Interior EntryFinishedFullUnfinished

Parking

Gravel

Lot Features

LevelOpen Lot

Construction

Vinyl SidingFrame

Roof

Metal

Utilities

Propane

Sewer

Public Sewer

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$1,602

Tax year 2025

Affordability Calculator

$35,980

Estimated monthly payment

$958/mo

Principal $143,920 · Est. interest $200,781 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Orono, ME

$342,857
Median Listing Price
70
Median Days on Market
1,599
Median Sq Ft
$204
Median Price / Sq Ft
24
Active Listings
  • This home’s price is 48% below the area median.
  • Its price per sq ft is 20% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Orono, ME.

Location

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Points of Interest in Orono, ME

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
270 Stillwater Avenue, Orono, ME$199,00011400

Moving Cost Estimate

EXIT Agents in Orono

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MREIS. MLS® Listing#1661380. © 2026EXIT Realty®. All rights reserved.