
27 Water Street, Orono, ME 04473
Penobscot County
Key Facts
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
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
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.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 270 Stillwater Avenue, Orono, ME | $199,000 | 1 | 1 | 400 |











