398 Gilman Falls Avenue

Old Town ME 04468

3296 sq. ft.

27878.4 sq. ft.

Single-Family

Last sold for $382,000

Justine Drake, last sold this property on 09 October 2025 after -328 days on market.

Overview

Nestled on a beautifully landscaped 0.64-acre lot in Old Town, Maine, this spacious garrison-style home offers over 3,200 square feet of thoughtfully updated living space. Inside, the main floor features a welcoming formal living room and dining room, a bright, updated kitchen with a large island and modern finishes, and a dedicated home office or bedroom. Upstairs, a stunning open loft provides abundant space for relaxing or entertaining. The second level also includes three generous bedrooms including a primary suite with ample closet space, one full bathroom and one-half bathroom. A bonus room in the daylight basement offers additional flexibility for a playroom, home gym, or guest area. This well-maintained home combines the charm of its 1956 construction with numerous updates from 2023, including three added bedrooms, one and a half bathrooms, a second living room, fresh paint, new flooring, new stairs and treads, trim, and updated windows and more. The attached two-car heated garage adds convenience, and the large driveway provides parking for several vehicles. Outdoors, enjoy the expansive backyard, perfect for gardening, guests, or quiet evenings on the deck. Enjoy the newly installed fire pit and outdoor lounging area, perfect for entertaining and gatherings. With its ideal mix of space, updates, and modern style, this property offers exceptional value and comfort in a peaceful, residential setting close to local amenities. Only 3.4-miles +/- to the University of Maine at Orono and 1.1-miles +/- to Interstate 95, this property location is ideal!

Features

4 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

3296 sq. ft. floor area

27878.4 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Old Town over the last 12 months, the estimated median property value of 398 Gilman Falls Avenue is $304k.

Median value

$304k

Estimated value range

$60k - $654k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Old Town. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 398 Gilman Falls Avenue

2025

Sold

$382,000

09 Oct 2025 by Justine Drake, of NextHome Experience

2023

Sold

$328,000

24 Mar 2023 by Jodi Brasslett, of Jack Walker Realtor?

2021

Sold

$200,000

30 Apr 2021 by Jodi Brasslett, of Jack Walker Realtor?

Happy sellers in Old Town

We have insufficient information to provide an overview of customer satisfaction for Old Town. Viewing the agent profiles, reviews and sales for Old Town can provide insights for this location.