# 11 Water Street, Damariscotta, ME 04543

> **TL;DR:** 0bd/4ba residential multi family, $895,000 ($306/sqft), built 1803, 2,925 sqft.
> Waterfront. Est. $4,787/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $895,000 |
| Price/sqft | $306 |
| Bathrooms | 4 full |
| Square Feet | 2,925 |
| Year Built | 1803 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,526 |
| Estimated Insurance | $261 |
| **Total** | **$4,787** |

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1803
- 0.22 acre lot
- Waterfront

## Description

### Agent Description
A rare opportunity to own a waterfront income-producing property in the heart of downtown Damariscotta. 11 Water Street combines four residential rental units, established income, significant recent improvements, on-site parking, and approximately 70 feet of frontage on the Damariscotta River. Situated directly in downtown Damariscotta, it is within easy walking distance of restaurants, shops, and galleries, offering an option that is exceptionally difficult to find. The building's layout and commercial zoning offer flexibility for an owner who may ultimately envision a different mix of residential, commercial, or mixed-use occupancy, creating the opportunity to acquire an established income-producing property today while retaining options for tomorrow. The significant work required to maintain and modernize an older property has already been completed, including updated electrical and plumbing systems, insulation, heat pumps, roofing and gutters, and a sprinkler system. The building has been thoughtfully renovated--including the addition of two large waterfront decks providing views of the harbor and wonderful sunsets--while retaining the character and architectural details that make it distinctive. Originally constructed in 1803, the building has served a variety of purposes over its long history and retains the character and presence of a historic downtown property. Today's buyer has the advantage of acquiring that character together with an established income-producing property and valuable waterfront location. For an investor looking for a property that combines current income, a premier downtown location, river frontage, multiple rental units, substantial improvements, and future flexibility, 11 Water Street presents an uncommon opportunity. It is a property with a story--but more importantly, it is a property with income, real estate fundamentals, and options for the future.

## Location

- **Address:** 11 Water Street, Damariscotta, ME 04543
- **County:** Lincoln
- **Coordinates:** 44.031658, -69.531108
- **Google Maps:** https://www.google.com/maps?q=44.031658,-69.531108

## Listing Agent

- **Name:** Patti Brown
- **Brokerage:** Newcastle Square Realty Associates
- **Phone:** 2075302253
- **Broker Phone:** (207) 563-1003
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/11-Water-St_Damariscotta_ME_04543_M39035-74901?f=listhub&s=MREISME&m=1663212&c=propsimple)

## Photos

![11 Water Street - Photo 1](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f3004161730r.jpg)

![11 Water Street - Photo 2](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f721238097r.jpg)

![11 Water Street - Photo 3](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2346592221r.jpg)

![11 Water Street - Photo 4](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2636505904r.jpg)

![11 Water Street - Photo 5](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f589537705r.jpg)

![11 Water Street - Photo 6](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1968821382r.jpg)

![11 Water Street - Photo 7](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1126723694r.jpg)

![11 Water Street - Photo 8](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f609723092r.jpg)

![11 Water Street - Photo 9](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f3852474940r.jpg)

![11 Water Street - Photo 10](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2929924284r.jpg)

![11 Water Street - Photo 11](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2857415403r.jpg)

![11 Water Street - Photo 12](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1404154309r.jpg)

![11 Water Street - Photo 13](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1770483506r.jpg)

![11 Water Street - Photo 14](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2643553331r.jpg)

![11 Water Street - Photo 15](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f3391228630r.jpg)

![11 Water Street - Photo 16](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f3973771388r.jpg)

![11 Water Street - Photo 17](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2879239677r.jpg)

![11 Water Street - Photo 18](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2511790806r.jpg)

![11 Water Street - Photo 19](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2905633867r.jpg)

![11 Water Street - Photo 20](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1310486497r.jpg)

![11 Water Street - Photo 21](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f4154643660r.jpg)

![11 Water Street - Photo 22](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f3088628210r.jpg)

![11 Water Street - Photo 23](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2929466463r.jpg)

![11 Water Street - Photo 24](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f972526203r.jpg)

![11 Water Street - Photo 25](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f170325028r.jpg)

![11 Water Street - Photo 26](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1473101282r.jpg)

![11 Water Street - Photo 27](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2192527630r.jpg)

![11 Water Street - Photo 28](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1587711650r.jpg)

![11 Water Street - Photo 29](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f3495992434r.jpg)

![11 Water Street - Photo 30](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f3081933862r.jpg)

![11 Water Street - Photo 31](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f4228802091r.jpg)

![11 Water Street - Photo 32](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2991322428r.jpg)

![11 Water Street - Photo 33](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f629189633r.jpg)

![11 Water Street - Photo 34](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1022872359r.jpg)

![11 Water Street - Photo 35](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f1646883397r.jpg)

![11 Water Street - Photo 36](http://lh.rdcpix.com/0c2ef955ed9e3737b6882f30c6dbb8a1l-f2302362396r.jpg)

---

**MLS#:** 1663212 | **Updated:** 2026-10-05
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/11-water-street-damariscotta-me-04543-1663212)

---

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    "telephone": "2075302253",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/11-water-street-damariscotta-me-04543-1663212#brokerage",
      "name": "Newcastle Square Realty Associates",
      "telephone": "(207) 563-1003"
    }
  }
}
```