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Affordable Condo in Cumberland County For Sale

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Uncover this charming second-level condo nestled in Gray. Situated just off Route 100 and enveloped by trees, this unit offers a tranquil yet accessible setting, only minutes away from the Falmouth line and Route I-95, making for an easy 20-minute commute to Portland. The condo is ready for you to move in, featuring an efficient layout that includes a bright main living area with double sliding glass doors that open to a private deck. A cozy working fireplace enhances the inviting ambiance. The well-managed association covers all exterior maintenance, allowing you to focus on adding your personal touch to the space. With 15 steps leading to convenient one-floor living, this condo presents an excellent opportunity for homeownership at an attractive price point, brimming with potential.

Setting up a showing is easy. Contact Kerry Lee Hall at 207-691-8008 or kerry@catesre.com 

Recession Doesn't Mean a Mortgage Crisis

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There’s a lot of talk about a recession lately and how the odds of one are rising. If you’re wondering what that means for the housing market, here’s what the data tells us. While you may remember the price crash in 2008, that’s not the norm. Looking back to 1980, home prices usually rose, and mortgage rates tended to fall. If you have questions about buying or selling a home in today’s market, let’s talk.

Cates Real Estate | 207-701-5600 | info@catesre.com 

#mortgagerates #crashof2008 #homeprices #recession

The Truth About Newly Built Homes and Today's Market

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Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re worried we’re repeating the same [...]

JUST SOLD | 421-423 Main Street, Rockland

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Mixed-use property in the heart of downtown Rockland. This beautiful brick building featured two professional office spaces, two apartment units, and a luxurious owner's suite with a birds-eye harbor view.

Looking for an investment property in the Midcoast? Call the Team of Martin Cates, Elaine Meklin, and Natasha Zontini to learn more. 207-596-3380 - Martin, 207-691-0959 - Elaine 

#midcoastproperties #rocklanddowntown #investmentproperties #professionalofficespace #luxuriousownersuite #mixeduse #uniqueopportunities

Price Reduction | 454 N Parish Road, Turner | Investors Take Note

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Jeff Harris of Harris Real Estate, the 2025 president of the Maine Association of Realtors, tells Fortune, "Maine has some of the oldest housing stock in the country, with 35% built before 1960—23% before 1940. Because of the lack of housing and affordability, renovating existing housing is a wise and feasible pathway to homeownership.”

source: Fortune magazine, February 24, 2025

It's springtime in Maine and it's the perfect time to purchase this fixer-upper in Turner Maine. The work has been started and it is awaiting your dreams and finishing touches. Renovate the first floor and live there while you tackle the rest. Plenty of room to grow with over 3000 square feet of living space. Come explore the possibilities. 

Call today to learn more. FMI contact Kerry Lee Hall at kerry@catesre.com | 207-691-8008 

Homestead Exemption FAQs

HOMESTEAD EXEMPTION:

The homestead exemption reduces a home's value by up to $25,000 for property tax purposes.

To qualify, the applicant must:

  • be a permanent resident of Maine 
  • the home must be the applicant’s permanent residence
  • applicant must have owned a home in Maine for the twelve months before applying 
  • application must be filed on or before April 1 with the municipality where the property is
  • [...]
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