Significant Sales 2024

2024 ANNUAL REVIEW

With access to more than 3,500 miles of Atlantic oceanfront, 6,000 lakes and ponds, and mountains with world-class skiing, Legacy Properties Sotheby’s International Realty is uniquely positioned to help you find your dream home in Maine. Simply put, we have the premier portfolio of Maine real estate and waterfront properties for sale.

It is always with a tremendous sense of pride that we present our Significant Sales for 2024. This pride is accompanied by a well-deserved and hard-earned respect for our team of highly talented agents serving Maine and New Hampshire. In the following pages, you will see that Legacy Properties Sotheby’s International Realty participated in 185 listing sides and 138 buyer representation sides in 2024 that were either $1 million-plus transactions, top sales in their respective towns, or both. This represents nearly a 40% increase compared to 2023. We are also pleased to report broad representation across more than 79 agents in 66 towns.

The past 12 months have been extraordinary, with our company achieving a recordbreaking year by selling more than $1 billion in Maine real estate. This achievement places us among a small and distinguished group of real estate companies in Maine to reach this incredible milestone. Our dominant position in high-value properties was a key contributor, with more than 60% of our total sales coming from properties sold for $1 million or more. We are exceptionally well-represented across all price points throughout the state, ranking Legacy Properties Sotheby’s International Realty #1 for all sales over $500,000 and every category thereafter—despite being a fraction of the size of our closest competitors.

The changes in the luxury property market have been profound compared to pre-COVID conditions. Historically, we have used $1 million in sales to define the “luxury” property market. According to Maine Listings, this definition made sense in 2019, with only 307 properties out of 20,504 surpassing that threshold—representing just 1.5% of all sales for the year. However, fast forward five years to 2024, after the COVID surge, and there were 1,146 “luxury” property sales, accounting for 7% of total sales. This significant shift is the result of both a 25% increase in $1 million-plus sales and a 20% decrease in the total number of properties sold.

As the market evolves, and with so many of our top sales represented here, it is likely time to redefine the “Luxury Property Market” as a percentage of total sales rather than adhering to the traditional, somewhat arbitrary, and fixed $1 million threshold. For our

Significant Sales publications moving forward, we will define the luxury market as the top 5% of all sales in Maine. Today, this reflects a sale price of $1.2 million.

While redefining the Luxury Property Market may seem bold, we believe this adjustment is an important and necessary distinction, given the unprecedented changes in inventory and pricing trends. As in most years, and again in 2024, Legacy Properties Sotheby’s International Realty ranked #1 in this highly competitive and desirable market segment— outpacing the number two participant by more than 100%.

We are encouraged by the unusually strong buyer demand observed in the first three weeks of 2025. Given the time of year, this high level of competitive demand has not been met with new listing inventory. I anticipate a near-term spike in prices and demand for sellers entering the winter market. If history repeats itself, we expect a significant influx of high-demand listings in early spring.

Thank you again for placing your trust and confidence in Legacy Properties Sotheby’s International Realty and our extraordinary team of real estate professionals. We are here to assist you whenever you are looking to buy or sell a property. I assure you that our service and results will exceed your expectations.

Wishing you all the best in 2025.

CHRIS LYNCH President

SIGNIFICANT SALES

* Properties marked by an asterisk indicate the top sale in that town.

$1,350,000

Kathy Leeman, Damariscotta Office 207.504.6866 | kleeman@legacysir.com

Charlie Richardson,Damariscotta Office (BuyerAgent) 207.380.6654 | crichardson@legacysir.com

Randy Miller, Damariscotta Office (Buyer Agent) 207.380.2671 | rmiller@legacysir.com

Michele Perejda, Portland Office 207.400.6227 | mperejda@legacysir.com

Elise Kiely, Portland Office 207.838.1050 | elise@elisekiely.com

Heather Shields, Portland Office 207.596.4050 | hshields@legacysir.com (Listing & Buyer Agent)

Ginny Whitney, Kennebunk Office 207.451.3093 | ginny@ginnywhitney.com Jan Kovarik, Kennebunk Office 207.641.7064 | jkovarik@legacysir.com

Charlie Stuart, Damariscotta Office 978.771.8681 | cstuart@legacysir.com Kathy Leeman, Damariscotta Office

| kleeman@legacysir.com (Listing & Buyer Agents)

$1,140,000

Dennis Duggan, Brunswick Office 207.522.3747 | dduggan@legacysir.com (Listing & Buyer Agent)

$1,140,000

Laura Pellerano, Northeast Harbor Office 207.266.2941 | lpellerano@legacysir.com Janet Moore, Northeast Harbor Office 207.266.0441 | jmoore@legacysir.com

Jackie Wheelwright, Camden Office 207.449.9442 | jwheelwright@legacysir.com (Listing & Buyer Agent)

Michael Kevin Lynch, Camden Office 207.558.3131 | mlynch@legacysir.com Brian Wickenden, Camden Office (Buyer Agent) 207.975.9650 | bwickenden@legacysir.com

SIGNIFICANT SALES BUYER SIDE

* Properties marked by an asterisk indicate the top sale in that town.

CAPE ELIZABETH 2 WINDWARD WAY - Sold $5,100,000

Alexa Oestreicher, Portland Office | 207.329.9307 | alexa@legacysir.com

BAR HARBOR * 2 REEF POINT - Sold $4,012,500

Janet Moore, Northeast Harbor Office | 207.266.0441 | jmoore@legacysir.com

Laura Pellerano, Northeast Harbor Office | 207.266.2941 | lpellerano@legacysir.com

CAMDEN 384 & 86 BAY VIEW STREET - Sold $3,700,000

Brian Wickenden, Camden Office | 207.975.9650 | bwickenden@legacysir.com

SOUTHPORT * 3 HARBOR LEDGE LANE - Sold $3,450,000

Kelly Barry, Portland Office | 207.671.6333 | kbarry@legacysir.com

KENNEBUNKPORT 10 OLD FORT AVENUE - Sold $3,437,500

Betsy Coughlan, Kennebunk Office | 207.229.3661 | bcoughlan@legacysir.com

PORTLAND * 98 CARROLL STREET - Sold $3,325,000

Alexa Oestreicher, Portland Office | 207.329.9307 | alexa@legacysir.com

RAYMOND 52 HIDDEN COVE ROAD - Sold $3,175,000

Emilie Cole, Porland Office | 207.400.2071 | ecole@legacysir.com

YARMOUTH 61 GREELY ROAD - Sold $2,850,000

Alexa Oestreicher, Portland Office | 207.329.9307 | alexa@legacysir.com

CAPE ELIZABETH 4 GARDEN CIRCLE - Sold $2,700,000

Elise Kiely, Portland Office | 207.838.1050 | elise@elisekiely.com

BOOTHBAY 39 & 42 NORTH SHORE ROAD - Sold $2,700,000

Anna Charlotte, Brunswick Office | 207.807.0203 | acharlotte@legacysir.com

KENNEBUNK 61 BOOTHBY ROAD - Sold $2,650,000

Andi Robinson, Kennebunk Office | 207.604.2479 | arobinson@legacysir.com

KENNEBUNKPORT 143 MAIN STREET - Sold $2,450,000

Chris Stone, Kennebunk Office | 207.590.3425 | cstone@legacysir.com

BLUE HILL * 590 FALLS BRIDGE ROAD - Sold $2,425,000

Laura Farr, Northeast Harbor Office | 207.348.1200 | lfarr@legacysir.com

BRISTOL * 45 MARTHA BECK DRIVE - Sold $2,367,700

Miles Geisler, Damariscotta Office | 207.380.6007 | miles@legacysir.com

Joanne Moore, Damariscotta Office | 207.350.5172 | joannemoore@legacysir.com

FALMOUTH FORESIDE 1 WHITE ROCK DRIVE - Sold $2,350,000

Anne Bosworth, Portland Office | 207.233.3175 | abosworth@legacysir.com

Andrea Pellechia, Portland Office | 207.831.0447 | apellechia@legacysir.com

HARPSELL 25 DOUGHTY POINT ROAD - Sold $2,350,000

Dennis Duggan, Brunswick Office | 207.522.3747 | dduggan@legacysir.com

FALMOUTH FORESIDE 91 WAITES LANDING ROAD - Sold $2,200,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | lma@beautifulmainehome.com

PORTLAND 20 HIGHLAND STREET - Sold $2,195,000

Sandra Shapiro-Hurt, Portland Office | 207.807.8704 | sshapirohurt@legacysir.com

FREEPORT 6 VIN MAR LANE - Sold $2,150,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | lma@beautifulmainehome.com

ROCKPORT 8 FISK LANE - Sold $2,100,000

Maria Weymouth, Camden Office | 804.339.6227 | mweymouth@legacysir.com

PORTLAND 39 WINTER STREET #39 - Sold $2,097,653

Linda MacDonald Associates, Portland Office | 207.749.1215 | lma@beautifulmainehome.com

KENNEBUNK 8 PENINSULA DRIVE - Sold $2,070,000

Bill Gaynor, Kennebunk Office | 207.468.3002 | bgaynor@legacysir.com

LINCOLNVILLE 62 NORTON POND ROAD - Sold $2,050,000

Aaron Crossman, Camden Office | 207.322.6638 | acrossman@legacysir.com

PORTLAND 55 WINTER STREET #55 - Sold $2,037,986

Alexa Oestreicher, Portland Office | 207.329.9307 | alexa@legacysir.com

SOUTH PORTLAND * 86 LOVEITTS FIELD ROAD - Sold $1,995,000

Anne Bosworth, Portland Office | 207.233.3175 | abosworth@legacysir.com

Andrea Pellechia, Portland Office | 207.831.0447 | apellechia@legacysir.com

KENNEBUNK 180 WESTERN AVENUE - Sold $1,989,089

Betsy Coughlan, Kennebunk Office | 207.229.3661 | bcoughlan@legacysir.com

FALMOUTH 13 KISMET LANE - Sold $1,875,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | lma@beautifulmainehome.com

FREEPORT 7 MERGANSER WAY - Sold $1,850,000

Elaine Prendergast, Kennebunk Office | 207.604.0449 | eprendergast@legacysir.com

YARMOUTH 157 W ELM STREET - Sold $1,825,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | lma@beautifulmainehome.com

BRUNSWICK 35 PENNELLVILLE ROAD - Sold $1,800,000

Amy Keenan, Damariscotta Office | 207.751.4741 | akeenan@legacysir.com

SCARBOROUGH 53 SCOTTOW HILL ROAD - Sold $1,800,000

Will Fuller, Portland Office | 207.560.7000 | wfuller@legacysir.com

Ally Fuller, Portland Office | 207.272.8508 | afuller@legacysir.com

BAR HARBOR 117 WEST STREET - Sold $1,800,000

Abigail Curless, Northeast Harbor Office | 207.801.1199 | aculess@legacysir.com

STONINGTON 136 CAT COVE ROAD - Sold $1,800,000

Michael Kevin Lynch, Camden Office | 207.558.3131 | mlynch@legacysir.com

FALMOUTH 8 SAINT ANDREWS CIRCLE - Sold $1,650,000

Sandra Shapiro-Hurt Portland Office | 207.807.8704 | sshapirohurt@legacysir.com

BAR HARBOR 137 BAY VIEW DRIVE - Sold $1,650,000

Kristi Jacoby, Northeast Harbor Office | 207.266.0912 | kjacoby@legacysir.com

SOUTHWEST HARBOR 15 KINFOLK LANE - Sold $1,650,000

Laura Farr, Northeast Harbor Office | 207.348.1200 | lfarr@legacysir.com

NORTHPORT 113 STONE DRIVE - Sold $1,550,000

Heidi Steele, Camden Office | 207.542.4316 | hsteele@legacysir.com

CAPE ELIZABETH 6 BOATHOUSE LANE - Sold $1,550,000

Sandra Shapiro-Hurt Portland Office | 207.807.8704 | sshapirohurt@legacysir.com

ROCKPORT 14 PANDION POINT - Sold $1,500,000

Brian Wickenden, Camden Office | 207.975.9650 | bwickenden@legacysir.com

SCAARBOROUGH 38 FREEDOM ROAD - Sold $1,495,000

Maya Odlin, Portland Office | 207.831.8180 | modlin@legacysir.com

Dennis Gleason, Damariscotta Office | 207.446.6394 | dgleason@legacysir.com

WEST BATH 508 BIRCH POINT ROAD - Sold $1,495,000

Charlie Richardson, Damariscotta Office | 207.380.6654 | crichardson@legacysir.com

BELGRADE * 168 MAIN STREET - Sold $1,450,000

Emilie Cole, Porland Office | 207.400.2071 | ecole@legacysir.com

NAPLES 62 FAIRWAY DRIVE - Sold $1,450,000

Emilie Cole, Porland Office | 207.400.2071 | ecole@legacysir.com

SCARBOROUGH 6 MARTELL WAY - Sold $1,450,000

Emilie Cole, Porland Office | 207.400.2071 | ecole@legacysir.com

SACO 173 FERRY ROAD - Sold $1,450,000

Emilie Cole, Portland Office | 207.400.2071 | ecole@legacysir.com

PORTLAND 72 STROUDWATER ROAD - Sold $1,450,000

Alexa Oestreicher, Portland Office | 207.329.9307 | alexa@legacysir.com

CAMDEN 58 CHESTNUT STREET - Sold $1,425,000

Brian Wickenden, Camden Office | 207.975.9650 | bwickenden@legacysir.com

PORTLAND 217 SHERIDAN STREET #13 - Sold $1,425,000

John Collins, Brunswick Office | 207.607.2442 | jcollins@legacysir.com

CAMDEN 15 SEA STREET - Sold $1,400,000

Brian Wickenden, Camden Office | 207.975.9650 | bwickenden@legacysir.com

PORTLAND 10 HAMMOND STREET #303 - Sold $1,390,000

Adam Zimbalist, Portland Office | 347.522.1554 | azimbalist@legacysir.com

PORTLAND 100 CONGRESS STREET - Sold $1,375,000

Jessica Heagle, Portland Office | 207.400.4718 | jheagle@legacysir.com

PORTLAND 387 COMMERCIAL STREET #712 - Sold $1,365,000

Marika Clark, Kennebunk Office | 207.671.6927 | mclark@legacysir.com

PORTLAND 85 RIVER’S EDGE DRIVE - Sold $1,360,000

Sandra Wendland, Porland Office | 207.233.7788 | swendland@legacysir.com

KENNEBUNK 27 RIVERS EDGE DRIVE - Sold $1,299,000

Legacy Properties Sotheby’s International Realty | 207.780.8900 | info@legacysir.com

POLAND * 645 HALLOWELL ROAD - Sold $1,295,000

Glenn Jonsson, Portland Office | 207.776.0036 | glenn@legacysir.com

PORTLAND 387 COMMERCIAL STREET #330 - Sold $1,295,000

Marika Clark, Kennebunk Office | 207.671.6927 | mclark@legacysir.com

KENNEBUNK 3 PARK STREET - Sold $1,265,000

Elise Kiely, Portland Office | 207.838.1050 | elise@elisekiely.com

OWLS HEAD 22 BELLEVUE STREET - Sold $1,260,000

Aaron Crossman, Camden Office | 207.322.6638 | acrossman@legacysir.com

SAINT GEORGE 459 ISLAND AVENUE - Sold $1,250,000

Brian Wickenden, Camden Office | 207.975.9650 | bwickenden@legacysir.com

PORTLAND 185 FORE STREET #201 - Sold $1,195,000

Elise Kiely, Portland Office | 207.838.1050 | elise@elisekiely.com

WEST BATH 184 QUAKER POINT ROAD - Sold $1,182,000

Amy Keenan, Damariscotta Office | 207.751.4741 | akeenan@legacysir.com

KENNEBUNK 5 AMANDA DRIVE - Sold $1,180,000

Kristina Keaney, Portland Office | 207.756.0475 | kkeaney@legacysir.com

KENNEBUNK 142 PORT ROAD - Sold $1,175,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | lma@beautifulmainehome.com

FREEPORT 14 SHORE DRIVE - Sold $1,135,000

Kali Pratt Portland Office | 207.749.8996 | kpratt@legacysir.com

ROME 240 STARBIRD LANE - Sold $1,135,000

Alexa Oestreicher, Portland Office | 207.329.9307 | alexa@legacysir.com

SCARBOROUGH 10 FENGLER ROAD - Sold $1,100,000

Heather Shields, Portland Office | 207.596.4050 | hshields@legacysir.com

SOUTH PORTLAND 6 CHASE STREET - Sold $1,097,500

Elise Kiely, Portland Office | 207.838.1050 | elise@elisekiely.com

CUMBERLAND 214 PLEASANT VALLEY ROAD - Sold $1,085,000

Emilie Cole, Porland Office | 207.400.2071 | ecole@legacysir.com

CAMDEN 34 PEARL STREET - Sold $1,075,000

Brian Wickenden, Camden Office | 207.975.9650 | bwickenden@legacysir.com

PORTLAND 387 COMMERCIAL STREET #335 - Sold $1,067,500

Lori Alexander, Portland Office | 207.837.0804 | lalexander@legacysir.com

FRIENDSHIP * 185 FOREST LAKE ROAD - Sold $1,061,000

Aaron Crossman, Camden Office | 207.322.6638 | acrossman@legacysir.com

DRESDEN * 11 DENSMORE LANE - Sold $1,055,000

Catharine Buck, Portland Office | 603.325.7069 | cbuck@legacysir.com

SCARBOROUGH 188 STEWART DRIVE - Sold $1,045,000

Sandra Wendland, Porland Office | 207.233.7788 | swendland@legacysir.com

NORTH YARMOUTH 15 CARRIAGE HILL - Sold $1,000,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | lma@beautifulmainehome.com

CAPE ELIZABETH 4 DIPPER ROAD #4 - Sold $1,000,000

Heather Shields, Portland Office | 207.596.4050 | hshields@legacysir.com

KENNEBUNK 44 SUMMER STREET - Sold $1,000,000

Bill Gaynor, Kennebunk Office | 207.468.3002 | bgaynor@legacysir.com

GARLAND * 63 TOWN FARM ROAD - Sold $515,000

Kaleb Swan, Brunswick Office | 207.653.0924 | kswan@legacysir.com

Everything You Need to Know about Moving to Maine

We present “Your Legacy,” a publication in partnership with our friends at Open Door Publishing to help our future and present clients learn more about what it means to live in Maine. “Your Legacy” includes information on the top public schools and hospitals in the state, a helpful breakdown of our rental program for those looking to dip their toes in our waters, guides to the neighborhoods and towns we service, information on each of our six coastal offices, and articles of interest for those looking to learn more.

View the digital edition of “Your Legacy” here or pick up a hard copy at one of our offices.

PORTLAND

Greater Portland and Cumberland County 2 City Center Portland, Maine 04101

207.780.9800

KENNEBUNK

Southern Maine and York County 150 Port Road Kennebunk, Maine 04043

207.967.0934

BRUNSWICK

Midcoast, Cumberland, Lincoln, and Sagadahoc Counties 141 Maine Street Brunswick, Maine 04011

207.729.2820

DAMARISCOTTA

Midcoast, Lincoln and Sagadahoc Counties

40 Main Street Damariscotta, Maine 04543

207.563.2775

CAMDEN

Midcoast and Islands, Knox and Waldo Counties

46 Bay View Street Camden, Maine 04843

207.230.1003

NORTHEAST HARBOR

Hancock and Washington Counties 6 Neighborhood Road Northeast Harbor, Maine 04662

207.780.8900

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