Waterville Homes under $400,000

Welcome to Waterville, Maine – a charming city nestled in the heart of Kennebec County, where the beauty of nature meets vibrant community life. Known for its rich history and picturesque landscapes, Waterville is a hidden gem that offers a unique blend of small-town warmth and urban conveniences.

With its historic downtown area, residents can enjoy a delightful array of local shops, restaurants, and cultural attractions. The city is home to the Colby College Museum of Art, which showcases an impressive collection of American art, making it a cultural hub for both residents and visitors alike. The scenic Kennebec River winds through the city, providing opportunities for outdoor activities such as kayaking, fishing, and leisurely strolls along the waterfront.

For those looking to plant roots in this idyllic setting, Waterville offers a remarkable selection of homes under $400,000. Whether you’re a first-time homebuyer or seeking a cozy family residence, the housing market here is diverse and inviting. From charming historic homes with character to modern, energy-efficient builds, there’s something for everyone.

The affordability of real estate in Waterville makes it an attractive option for those seeking a balance between quality living and budget-friendly choices. With its friendly atmosphere, excellent schools, and a strong sense of community, Waterville is not just a place to live; it’s a place to thrive. Come explore the possibilities of making this delightful city your new home!

Newest Waterville Homes under $400,000

$305,000

4 Beds ⋅ 2 Baths

**OPEN HOUSE**Saturday, October 10th from 11a-12p Welcome to this inviting 4-bedroom, 1.5-bath home tucked inside a cute, peaceful neighborhood! Offering a wonderful blend of comfort, functionality, and efficiency, this home is ready to fit a variety of lifestyles. Worried about rising oil costs? With two newer heat pumps installed, they supply most of the heat for the whole home, saving you money in the winter! Of course, they also offer excellent cooling in the summer. Worried about electricity costs? Newly installed solar panels will take care of that! This upgrade has nearly eliminated the electric bill. Period charm is preserved in the original wood trim and beautiful hardwood floors while updates like the completely renovated upstairs full bath give the home modern functionality. Looking for a bonus space? The recent addition of a 12x12 winterized shed provides a separate area for a range of uses - home office, hobby room, workshop, or whatever your needs may be all year long. Want to spread out even further? The extended back deck overlooking your backyard is perfect for gatherings. Or cozy up on the enclosed 3-season front porch and enjoy a peaceful morning reset. Established privacy bushes line the front of the property and you can collect blueberries and golden raspberries from the fruit bushes out back. The plantings create a comfortable, secluded feel and enhance the outdoor space. Don't forget the garage with a new automatic door, providing convenient storage for your vehicle or other equipment. Come take a look, you won't want to miss all this sweet home has to offer!

12 Greenwood St, Waterville

Listing courtesy of Your Home Sold Guaranteed Realty.

$188,900

5 Beds ⋅ 3 Baths

Step into the charm and character of this spacious 4+ bedroom, 2.5-bathroom home, offering generous living spaces, classic architectural details, and plenty of opportunity to make it your own. With its original character and inviting layout, this home provides a wonderful foundation for bringing your vision to life. The flexible floor plan offers the potential for a private in-law suite or second living space, making it a great option for multi-generational living, guests, or potential rental income. An attached two-car garage adds valuable parking and storage, while the home's size and layout provide plenty of room to accommodate a variety of needs. Whether you're looking to restore a home with timeless character, create a space tailored to your lifestyle, or explore its potential as an investment, this property offers an exciting opportunity in a great location. Come take a look and imagine the possibilities!

18 Pleasant St, Waterville

Listing courtesy of Sprague & Curtis Real Estate.

$179,900

2 Beds ⋅ 1 Baths

Tucked into a quiet condo community, Unit 9 at 80 Silver Street offers comfortable living in a convenient Waterville location. This lower-level 2-bedroom, 1-bath unit features a generous layout with plenty of room to make it your own. The eat-in kitchen offers ample cabinetry and workspace, while the large living room provides flexibility for relaxing, entertaining, or creating a home office area. Both bedrooms are nicely sized, including a comfortable primary bedroom with great closet space. Enjoy the ease of low-maintenance condo living along with a private 10' x 10' storage unit, providing extra room for seasonal items and belongings. Located just minutes from downtown Waterville, shopping, restaurants, Colby College, and approximately five minutes from I-95, this condo puts everyday conveniences within easy reach. Whether you're looking for your first home, downsizing, or simply ready for a more manageable lifestyle, Unit 9 offers a practical layout, quiet setting, and plenty of opportunity to add your own personal touches.

80 Silver St Unit 9, Waterville

Listing courtesy of Integrity Homes Real Estate Group, PC.

$349,900

2 Baths

Have you been searching for a great investment opportunity? Or maybe the chance to live in one unit while your tenant helps cover your mortgage? This unique two-unit property is located in one of Waterville's nicer areas, on a quiet road in a great walking neighborhood! This is a rare, true side-by-side two-unit offering over 2,600 square feet of finished living space, plus even more space in the private basements and attics. Each generously sized unit features three bedrooms and one full bath, giving you six bedrooms and two baths in total. Both units have their own private basement and private attic, providing tons of additional storage. For investors looking to maximize the property, the attic spaces may even offer potential for additional finished living space. The property also features a metal roof, vinyl siding, and nice paved parking. With its quiet setting, great layouts, abundant storage, and convenient location close to downtown Waterville, shopping, restaurants, colleges, hospitals, and I-95, this is the type of property that can help attract and retain great tenants. As we get closer to year-end, it could also be a great time to add an income-producing property to your portfolio and potentially take advantage of tax benefits before the end of the year. Looking for something bigger? The neighboring three-unit at 12 Boothby Street is also available. Bigger investors can also check out the separate listing offering 12 & 14 Boothby Street together as a five-unit investment package!

14 Boothby St, Waterville

Listing courtesy of Real Broker.

$379,900

4 Beds ⋅ 3 Baths

Classic character & striking curb appeal welcome you to this handsome four-bedroom, two-and-a-half-bath Colonial in Waterville. Beautiful landscaping, a paver walkway, & granite entry steps create a polished first impression, while over 3,000 square feet of finished living space provide plenty to appreciate inside. A wide, welcoming foyer showcases a classic wood staircase & sets the tone for the home's timeless appeal. Stunning hardwood floors extend throughout most of the main level, complemented by decorative wood ceiling beams & detailed trim. The living room's fireplace & distinctive mantel add another touch of character, while a separate dining room creates a lovely setting for gatherings. The inviting eat-in kitchen features granite countertops & a breakfast nook, while a mudroom & half bath near the entry add everyday convenience. All four bedrooms & two full bathrooms are located on the second floor, with an unfinished attic providing storage space. A full, partially finished basement with walkout access provides space for recreation & additional storage. A detached garage completes the property. Located within a mile of I-95, downtown Waterville, & the hospital, this home is central to in-town conveniences, with Colby & Thomas colleges also nearby. A charming blend of classic architecture, thoughtful details, & an accessible in-town location!

24 Roosevelt Ave, Waterville

Listing courtesy of Brookewood Realty.

$339,500

2 Beds ⋅ 2 Baths

Enjoy easy one-floor living in this pristine 2019 ranch in the desirable 55+ community of The Meadows of Fieldstone Landing. Designed for accessibility and convenience, this home features step-free entry doors and luxury vinyl plank flooring throughout. The open kitchen boasts white shaker cabinets, generous storage, an island, and stainless appliances. The master suite includes a walk-in shower with ample closet space. A versatile second bedroom sits next to a full bath and first-floor laundry, perfect for a home office, hobby room, or guest space. A four-season sunroom opens to a patio with private nature views. High-efficiency features include radiant floor heat, heat pump, and mini-split cooling. The oversized 2-car garage includes built-in shelves and stairs to a large, floored attic. Tucked away on a quiet dead-end road, you are still minutes from grocery stores, I-95, and downtown Waterville. Simplify your life without sacrificing quality, schedule your tour today!

32 Meadow Dr, Waterville

Listing courtesy of EXP Realty.

$349,900

2 Beds

We are pleased to announce the availability of these newly built ranch style homes in the brand new neighborhood, Newman Meadows. 2 more homes almost ready to occupy! This 55+ residential community in Waterville is offering 2 floor plans, lawn mowing & snow plowing. Model home open to view. These beautiful 2-bedroom, 1 bath ranches are thoughtfully planned with an attached garage and plenty of storage. Stylish finishing touches include granite counters, under cabinet lighting, vaulted pine ceiling, fireplace, pantry. A step in shower with a seat, water jets and lighting. The homes comes fully applianced, is energy efficient with heat pumps & plenty of natural light. Nice front porch. Town paved road.

6 Jasmine Ln, Waterville

Listing courtesy of Sprague & Curtis Real Estate. ann@spragueandcurtis.com

$225,000

2 Beds ⋅ 1 Baths

OFFER DEADLINE 10/3/2026 at 4:00pm. Welcome to 33 Franklin Street, this well-maintained 2 bedroom, 1 bathroom home nestled in a quiet dead-end neighborhood. Featuring many recent updates, this property offers a comfortable blend of charm and convenience. Enjoy beautiful hardwood floors, a welcoming front porch, and established perennial gardens that add seasonal color and curb appeal. Conveniently located close to shopping, restaurants, and everyday amenities, this home is a wonderful opportunity for those looking for a peaceful setting without sacrificing accessibility.

33 Franklin St, Waterville

Listing courtesy of Integrity Homes Real Estate Group, PC.

$269,900

2 Beds ⋅ 1 Baths

Come and see this inviting 2-bedroom, 1-bath ranch located in a pleasant, walkable neighborhood in Waterville. The home offers a comfortable, well-designed layout with convenient one-level living and a nice backyard that provides space to relax and enjoy the outdoors. A one-car garage adds valuable storage and parking convenience. Ideally situated close to parks, trails, the Alfond Youth & Community Center (AYCC), Colby College, shopping, dining, and the many amenities Waterville has to offer.

61 Roosevelt Ave, Waterville

Listing courtesy of Coldwell Banker Plourde Real Estate.

$224,900

3 Beds ⋅ 2 Baths

Welcome to 3 Redington Street, Waterville, an adorable single-family home that perfectly blends classic character with modern upgrades. Originally built in 1920, this 3-bedroom, 1.5-bathroom residence features approximately 1,099 square feet of beautifully finished living space on a low-maintenance 3,049 square foot lot. All the hard work has been professionally done for you, making this home a truly turn-key opportunity. Step inside to discover a bright and inviting layout boasting a completely updated kitchen, with beautiful butcher block countertops, brand-new cabinets with soft-close doors and drawers, and modern appliances. With one full bath and one convenient half bath, this layout provides great functional comfort. Reliability, and energy efficiency were top priorities during the extensive 2024 renovation. The home features 3 brand-new heat pumps, offering high-efficiency heating in the winter and crisp air conditioning all summer long, backed up by a 2-year-old propane boiler for ultimate peace of mind. Complete with a brand-new electrical panel, new insulation, updated windows, new flooring, fixtures, lighting & appliances. This property is situated just a short, convenient walk to beautiful Historic Downtown Waterville. You'll enjoy easy access to local restaurants, shopping, live theater performances, independent films, and community amenities. For commuters, the home offers a straightforward, easy drive to both Augusta and Skowhegan. Whether you are a first-time homebuyer looking for a hassle-free start or looking to downsize into a high-efficiency property, 3 Redington Street is ready to welcome you home.

3 Redington St, Waterville

Listing courtesy of Hoang Realty.

$399,900

4 Beds ⋅ 2 Baths

A lot has changed at 11 Brescia Court. This 4 bedroom Waterville Colonial offers an updated interior and a long list of recent improvements, creating a move-in-ready home where much of the work has already been done. Major systems have been updated, while extensive exterior and property improvements further enhance the home's appeal. Inside, a comfortable and inviting layout is complemented by a wood-burning fireplace that adds warmth and character to the living space. Outside, new lawns, privacy plantings and refreshed landscaping create an attractive and welcoming outdoor setting. The home also features an attached garage and public water and sewer, all set at the end of a paved dead-end street offering a peaceful, tucked-away setting. Outdoor enthusiasts will appreciate being just minutes from Quarry Road Trails, a year-round recreation destination offering miles of trails for hiking, biking, cross-country skiing and more. Be sure to review the complete Property Improvements & Upgrades list to see everything that's been completed at 11 Brescia Court.

11 Brescia Ct, Waterville

Listing courtesy of RE/MAX Realty One.

$270,000

3 Beds ⋅ 1 Baths

Welcome to this 3-bedroom, 1-bath home conveniently located in the heart of Waterville! The inviting open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a comfortable space for everyday living and entertaining. The living room features a striking cathedral ceiling and hardwood flooring, while the updated kitchen provides a fresh, functional space for the home chef. Upstairs, a versatile loft area offers additional living space along with a separate bedroom. Outside is a fenced-in backyard and deck—perfect for relaxing, entertaining, or enjoying your own private outdoor space. Conveniently located near I-95, making commuting a breeze. Some areas are ready for your own personal touch, but with its desirable location and functional layout this home offers an opportunity for its new owners to bring their vision and creativity to life.

121 Western Ave, Waterville

Listing courtesy of Everett Realty Group.

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