Waterville Homes under $150,000

**Discover Waterville, Maine: A Hidden Gem for Affordable Living**

Nestled in the heart of Kennebec County, Waterville, Maine, is a charming city that offers a delightful blend of small-town warmth and vibrant community spirit. Known for its rich history and picturesque landscapes, Waterville is a haven for those seeking a peaceful lifestyle without sacrificing access to modern amenities. With the Kennebec River winding through the city, residents can enjoy scenic walking paths, parks, and outdoor activities that highlight the natural beauty of the region.

One of the most appealing aspects of Waterville is its affordability. For homebuyers on a budget, the city offers a variety of homes under $150,000, making it an excellent choice for first-time buyers, young families, or anyone looking to downsize. These homes often feature character and charm, with many showcasing classic architectural styles that reflect the city’s historical roots. From cozy bungalows to quaint cottages, there’s something for everyone.

In addition to its affordable housing market, Waterville boasts a thriving downtown area filled with local shops, restaurants, and cultural attractions. The city is home to several art galleries and theaters, ensuring there’s always something to see and do. Plus, with a strong sense of community and friendly neighbors, it’s easy to feel at home in Waterville.

If you're searching for an affordable place to call home where you can enjoy the beauty of Maine while being part of a welcoming community, look no further than Waterville. Your dream home awaits!

Newest Waterville Homes under $150,000

$65,000

2 Beds ⋅ 2 Baths

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.

$94,900

4 Beds ⋅ 2 Baths

Bring your ideas and unlock the potential of this spacious 4-bedroom home! Offering plenty of room and a flexible layout, the home features a convenient first-floor bedroom along with three additional bedrooms upstairs. A covered front porch adds classic charm and provides a welcoming entrance, while the enclosed rear entry porch offers additional functional space. Outside, you'll find a flat, usable lot and a detached one-car garage for parking or storage. The property does need some updating and repairs, making it a great opportunity for someone looking to renovate and add their own personal touches. Conveniently located close to shopping, dining, schools, and other everyday amenities. With its generous bedroom count, practical layout, garage, and manageable lot, this property offers plenty of possibilities for its next owner. Property must be listed for 5 calendar days before the seller can respond to offers. All offers/counteroffers must be submitted on PropOffers by the buyer's agent.

21 Hillside Ave, Waterville

Listing courtesy of Fontaine Family-The Real Estate Leader.

$149,900

2 Baths

Discover the potential of this two-family property in a convenient Waterville location. Each unit offers 3 bedrooms and 1 bath. Situated on a 0.08-acre lot, the property offers a view toward the Messalonskee Stream from behind the property. Conveniently located near Waterville's shopping, dining, services, and other amenities, this property presents an opportunity to make it your own and bring your vision and improvements to the space.

48 Western Ave, Waterville

Listing courtesy of NextHome Northern Lights Realty. Office@NextHomeNLR.com

$99,900

2 Baths

Two-family property located on Swan Street in Waterville, offering an opportunity to own a multifamily property in an established residential area. The property sits on a 0.09-acre lot and features two separate residential units. The building is being offered in its existing condition and will require repairs and improvements. The rear foundation wall is in need of repair. Convenient Waterville location with potential for those looking to take on a renovation project and improve the property over time.

2 Swan St, Waterville

Listing courtesy of NextHome Northern Lights Realty. Office@NextHomeNLR.com

$125,000

4 Beds ⋅ 2 Baths

Here is your opportunity to own a versatile property in the heart of Waterville. Formerly a two-unit and currently used as a single-family home, 5 Veteran Court offers flexibility for a variety of living arrangements and can easily be converted back to a multi-unit if desired. The home features spacious living areas, multiple bedrooms, and an adaptable layout ideal for extended family, rental income potential, or added workspace. Conveniently located near downtown amenities, this property provides both convenience and future investment potential.

5 Veteran Ct, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$102,500

3 Beds ⋅ 2 Baths

Brand-new 2025 model home featuring 3 bedrooms and 2 full baths in a thoughtfully designed layout. Includes convenient first-floor laundry hookups and durable vinyl siding for low-maintenance living. Set within a well-managed park community, this residence blends modern comforts with community convenience. Park approval required; monthly association fee applies.

15 Valerie Ln, Waterville

Listing courtesy of Summit Real Estate.

$94,900

2 Beds ⋅ 2 Baths

Welcome to 8 Victoria Drive, brand new mobile home. Never been lived in. 2 bedrooms 2 full bathrooms. Must obtain park approval.

8 Victoria Dr, Waterville

Listing courtesy of Summit Real Estate.

$102,500

3 Beds ⋅ 2 Baths

Discover modern, low-maintenance living in this brand-new 2025 manufactured home located in a well-managed Waterville park community. Featuring 3 bedrooms, 2 full baths, and approximately 880 sq. ft. of open-concept living space, this home is perfect for anyone looking for affordable, move-in-ready housing in Central Maine. Enjoy stylish laminate flooring, a bright and spacious kitchen, first-floor laundry hookups, and energy-efficient construction for comfort and savings. The level lot provides easy parking and access, while the location keeps you close to shopping, dining, schools, and I-95 for an easy commute. Whether you're a first-time homebuyer, downsizing, or looking for a fresh start, this newly built home offers incredible value and convenience Must obtain park approval.

19 Valerie Ln, Waterville

Listing courtesy of Summit Real Estate.

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