2 Elm Terrace, Waterville, ME 04901

Welcome to 2 Elm Terrace, a charming and versatile New England-style single-family home located on a quiet dead-end street in the heart of Waterville, Maine. This 1918 square feet property boasts 5-bedroom, 1.5 baths, and combines classic character with modern comforts, is just a short walk from historic downtown Waterville, with beautiful parks, and a variety of top-rated local restaurants and businesses. It's also conveniently located near Colby College, Thomas College, as well as the YMCA. Step inside to a warm and inviting layout featuring a large living room with a Vermont Castings gas fireplace, a formal dining room, and a well-appointed kitchen with a gas range on the first floor—ideal for everyday living or entertaining. A lovely glassed-in porch adds charm and a year-round relaxation space. The 2nd floor hosts three comfortable bedrooms, a full bathroom, and an oversized laundry room, while the 3rd floor offers two more bedrooms perfect for guests, home offices, or flexible use.
Out front, you'll find a welcoming patio complete with a fireplace, perfect for cozy evenings or entertaining friends. The fenced-in backyard adds privacy and room for pets or play. With 6 off-street parking spaces, there's no shortage of room for guests or tenants. The home is also equipped with security cameras for added peace of mind. Located on a priority power grid, this property rarely loses electricity—an invaluable feature in Maine's seasons. Just 20 minutes from Messalonskee Lake, you'll also have convenient access to outdoor recreation year-round. Access to the highway is minutes from your door, getting you to Portland or Camden in just over an hour. Looking for extra income potential? With its spacious layout and multiple levels, this home could be converted into a duplex-style property—live in one unit and rent the other to help pay your mortgage.Offering space, charm, flexibility, and an unbeatable location, 2 Elm Terrace is a rare opportunity in Waterville.