Freeport Homes under $400,000

Welcome to Freeport, Maine—a charming coastal town that perfectly blends small-town charm with vibrant community spirit. Nestled in Cumberland County, Freeport is renowned for its picturesque landscapes, rich history, and, of course, the famous L.L. Bean flagship store. With its quaint streets lined with unique shops, delightful restaurants, and stunning natural beauty, Freeport is a paradise for outdoor enthusiasts and shoppers alike.

One of the most appealing aspects of Freeport is its diverse housing market, particularly for those seeking homes under $400,000. Here, you’ll find a variety of options that cater to different lifestyles and preferences. From cozy single-family homes to inviting townhouses, the real estate offerings are as diverse as the community itself. Many of these homes boast beautiful yards, proximity to local parks, and easy access to the stunning coastlines that make Maine so special.

Living in Freeport means enjoying a close-knit community where neighbors become friends, and local events bring everyone together. With an excellent school system and a plethora of recreational activities, it’s an ideal place for families, retirees, and young professionals alike.

Whether you’re looking for a charming starter home or a peaceful retreat, Freeport has something for everyone—all without breaking the bank. Discover your dream home in this delightful town and experience the perfect blend of coastal living and community warmth. Come explore Freeport, where your new adventure awaits!

Newest Freeport Homes under $400,000

$375,000

3 Beds ⋅ 2 Baths

Enjoy the best of both worlds—peaceful pondside living and a convenient Freeport location. Set on three acres with more than 300 feet of frontage on a private, scenic pond, this attractive three-bedroom, two-bath Doublewide/Ranch offers an appealing combination of affordability, space, and natural beauty, all just 20 minutes from the vibrant city of Portland. Designed for comfortable one-floor living, the home features a spacious eat-in kitchen with a center island, abundant cabinetry, and an open layout that flows seamlessly into the generously sized living room, creating an inviting space for everyday living and entertaining. The thoughtfully designed floor plan offers added privacy, with the primary bedroom and full bath situated on one side of the home and two additional bedrooms and a second full bath on the opposite side. Outside, the expansive, level yard offers plenty of room for gardening, outdoor games, gatherings, or simply enjoying the peaceful surroundings. A deck overlooking the pond provides an ideal spot to begin the day with your morning coffee, unwind with an evening drink, or sit back and take in the tranquil scenery. A detached two-car garage provides valuable storage and workspace, while a garden shed offers additional space for tools and outdoor equipment. Conveniently located with easy access to Portland, Lewiston/Auburn, Brunswick, and Bath, the property also puts you within easy reach of everything Freeport has to offer—from L.L.Bean and downtown shopping and dining to Wolfe's Neck Woods State Park and Winslow Memorial Park. Whether you're looking for a year-round home or a relaxing Maine getaway, this property offers something increasingly hard to find: three acres, private pond frontage, easy one-floor living, and a peaceful setting—all in desirable Freeport. A wonderful opportunity!

1603 Us 1, Freeport

Listing courtesy of Gallant Real Estate.

$344,500

1 Beds ⋅ 1 Baths

Come discover Freeport, Maine! These new homes, under construction, are located in the heart of Freeport Village, within easy reach of restaurants, outlet stores, the movie theatre and of course, LL Bean! Leave the uncertainties of renting behind for good and join your neighbors at Depot Terrace. This modern and bright home will define easy living. Pets? Please bring them! Parking? of course, one spot for each unit onsite. This one bedroom home will have it's own deck and enormous windows and is a corner unit. Every detail was chosen for performance, beauty and sustainability. Minutes to Kayaking, swimming, boating. Portland is only 20 minutes away and the nearby train makes commuting to Boston - Brunswick a breeze. These units have no deeded income restrictions and will be ready to occupy fall 2027. Call in time to choose your finishes!

43 Depot St Unit 307, Freeport

Listing courtesy of Gardner Real Estate Group.

$320,000

3 Beds ⋅ 1 Baths

Investors Take Notice! Opportunity in Freeport Village. Nestled in a charming neighborhood just minutes from the heart of Freeport Village, this 1940 Cape offers the perfect blend of character, convenience, & access to Maine's natural beauty. Enjoy proximity to village shopping, dining, rail service, & everyday essentials, while outdoor destinations like Wolfe's Neck Woods State Park, Winslow Memorial Park, Pettengill Farm, Hedgehog Mountain, and shopping are only minutes away. A cozy deck ideal for relaxing evenings under the stars. Inside, the first floor offers a sunny living room, cozy kitchen with bar area and primary bedroom is located on the first floor. You'll find two additional bedrooms. New windows in 2025, attic and basement has sprayed insulation. Seller discloses that in June 2026, an extensive mold and microbial growth condition was discovered at the Property. In addition to visible mold growth, mushroom/fungal growth has been observed forming within the affected bathroom wall and other effected areas. Water has been turned off. Property is being sold in "As In" condition.

56 Bow St, Freeport

Listing courtesy of Realty of Maine.

$250,000

1 Beds ⋅ 1 Baths

Recently renovated 1 bedroom condominium in the heart of downtown Freeport, within walking distance to LL Bean, summer Concerts, restaurants and downtown shops. Convenient access to I-295 and Amtrak Train Station.10 Minutes to Wolfe's Neck State Park and Bradbury Mountain State Park. 20 Minutes into Portland. Brand new roof in 2025. Strong rental history and investment opportunity. Back unit with wooded views from covered balcony. Great guest parking. Peaceful private living!

50 Somerset Unit Building C, Freeport

Listing courtesy of EXP Realty.

$322,000

1 Beds ⋅ 1 Baths

Come discover Freeport, Maine! These new homes, under construction, are located in the heart of Freeport Village, within easy reach of restaurants, outlet stores, the movie theatre and of course, LL Bean! Leave the uncertainties of renting behind for good and join your neighbors at Depot Terrace. This modern and bright home will define easy living. Pets? Please bring them! Parking? of course, one spot for each unit onsite. This one bedroom 3rd floor home will have it's own deck and enormous windows. Every detail was chosen for performance, beauty and sustainability. Minutes to Kayaking, swimming, boating. Portland is only 20 minutes away and the nearby train makes commuting to Boston - Brunswick a breeze. These units have no deeded income restrictions and will be ready to occupy fall 2027. Call in time to choose your finishes!

43 Depot St Unit 309, Freeport

Listing courtesy of Gardner Real Estate Group.

$330,500

1 Beds ⋅ 1 Baths

43 Depot St Unit 206, Freeport

Listing courtesy of Gardner Real Estate Group.

$306,742

1 Beds ⋅ 1 Baths

Come discover Freeport, Maine! These new homes, under construction, are located in the heart of Freeport Village, within easy reach of restaurants, outlet stores, the movie theatre and of course, LL Bean! Leave the uncertainties of renting behind for good and join your neighbors at Depot Terrace. This modern and bright home will define easy living. Pets? Please bring them! Parking? of course, one spot for each unit onsite. This one-bedroom home will have its own deck and enormous windows. Every detail was chosen for performance, beauty and sustainability. Minutes to Kayaking, swimming, boating. Portland is only 20 minutes away and the nearby train makes commuting to Boston - Brunswick, a breeze. These units have no deeded income restrictions and will be ready to occupy fall 2027. Call in time to choose your finishes!

43 Depot St Unit 104, Freeport

Listing courtesy of Gardner Real Estate Group.

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