Franklin, located in Hancock County, Maine, is a charming small town known for its scenic landscapes, rich history, and close-knit community. Situated near the stunning Acadia National Park and the picturesque Downeast coast, Franklin offers a peaceful lifestyle combined with a variety of outdoor activities. This article highlights the best residential areas in Franklin, focusing on their unique characteristics, housing options, and average prices.
Table of Contents
Downtown Franklin
(Image for illustration purposes only.)
Downtown Franklin serves as the cultural and commercial hub of the town. Its blend of historic architecture and small-town charm provides numerous amenities, making it ideal for those who enjoy community living.
Characteristics of the Downtown Franklin
* Culture: Rich historical background, local shops, and seasonal festivals
* Transportation: Walking-friendly with access to nearby highways for commuting
* Services: Grocery stores, restaurants, cafes, and local businesses
* Environment: Vibrant and community-oriented
Housing Options in the Downtown Franklin
Single-family homes, Townhouses, Apartments
Average Home Prices in the Downtown Franklin
* Buying: $250,000 – $350,000
* Renting: $1,200 – $1,800/month
West Side Franklin
(Image for illustration purposes only.)
West Side Franklin offers a more suburban feel with spacious lots and family-friendly neighborhoods. This area is perfect for families looking for a tranquil environment while still being close to amenities.
Characteristics of the West Side Franklin
* Culture: Family-focused, community events, and parks
* Transportation: Car recommended for commuting, neighborhood roads
* Services: Nearby schools, parks, and recreational facilities
* Environment: Quiet and family-oriented
Housing Options in the West Side Franklin
Single-family homes, Split-level homes
Average Home Prices in the West Side Franklin
* Buying: $220,000 – $320,000
* Renting: $1,000 – $1,500/month
Peter’s Cove
(Image for illustration purposes only.)
Peter’s Cove is a serene waterfront community known for its stunning views and access to natural beauty. It is ideal for those who appreciate a tranquil lifestyle with outdoor activities right at their doorstep.
Characteristics of the Peter’s Cove
* Culture: Fishing, boating, and outdoor activities
* Transportation: Car essential; limited public transport options
* Services: Local convenience store, boat docks, and access to nature trails
* Environment: Peaceful and scenic
Housing Options in the Peter’s Cove
Waterfront homes, Cottages
Average Home Prices in the Peter’s Cove
* Buying: $300,000 – $450,000
* Renting: $1,500 – $2,500/month
Gouldsboro Road Area
(Image for illustration purposes only.)
The Gouldsboro Road area is a growing residential neighborhood that offers spacious properties and a more rural atmosphere. It's perfect for those seeking a balance between country living and convenience.
Characteristics of the Gouldsboro Road Area
* Culture: Agricultural presence, community farms, and nature appreciation
* Transportation: Car necessary for commuting; rural roads
* Services: Access to local farms, fresh produce markets, and small stores
* Environment: Rural and relaxed
Housing Options in the Gouldsboro Road Area
Single-family homes, Farms
Average Home Prices in the Gouldsboro Road Area
* Buying: $180,000 – $280,000
* Renting: $900 – $1,400/month
Acadia Region
(Image for illustration purposes only.)
Encompassing the beautiful landscapes surrounding Acadia National Park, this area is a perfect choice for nature enthusiasts and those who enjoy hiking, biking, and scenic views all year round.
Characteristics of the Acadia Region
* Culture: Outdoor recreation, local art, and nature conservation
* Transportation: Car is essential; proximity to national park trails
* Services: Visitor centers, seasonal markets, local guides
* Environment: Lively and nature-focused
Housing Options in the Acadia Region
Cottages, Single-family homes with large lots
Average Home Prices in the Acadia Region
* Buying: $250,000 – $400,000
* Renting: $1,300 – $2,200/month
Lakeview Estates
(Image for illustration purposes only.)
Lakeview Estates is an upscale residential community located near various lakes. It's renowned for its luxurious homes with breathtaking views and access to water activities.
Characteristics of the Lakeview Estates
* Culture: Luxury living, boating, and water sports
* Transportation: Car necessary, private community roads
* Services: Limited commercial services, few local restaurants and shops
* Environment: Exclusive and tranquil
Housing Options in the Lakeview Estates
Luxury homes, Waterfront properties
Average Home Prices in the Lakeview Estates
* Buying: $400,000 – $600,000
* Renting: $2,000 – $3,500/month
Frequently Asked Questions About the Best Residential Areas in Franklin:
The best residential areas in Franklin include Downtown Franklin, West Side Franklin, Peter’s Cove, Gouldsboro Road Area, Acadia Region, and Lakeview Estates.
West Side Franklin is recommended for families due to its community-oriented environment and easy access to recreational activities.
Peter’s Cove and Lakeview Estates offer beautiful waterfront properties with stunning views and access to water activities.
The average home prices in Franklin range from $180,000 to $600,000 depending on the area and type of housing.
Yes, Downtown Franklin has a variety of amenities including grocery stores, restaurants, cafes, and local businesses.
Public transport options are limited in Franklin; having a car is recommended for commuting.
Residents can enjoy hiking, boating, fishing, and exploring the natural beauty of Acadia National Park and local lakes.
The Acadia Region and Lakeview Estates are known for their breathtaking views and natural landscapes.
Yes, Franklin is considered a safe and friendly community with low crime rates.
The rental market in Franklin varies, with average prices ranging from $900 to $3,500 depending on the area and type of housing.
Conclusion on the Best Residential Areas in Franklin:
Franklin, Maine, is a beautiful small town with diverse residential areas that cater to various lifestyles and preferences. Whether you seek the vibrant life of Downtown Franklin or the quiet charm of Peter’s Cove, each neighborhood offers unique characteristics and options. From family-friendly environments to serene waterfront properties, there is something for everyone. Choosing the right residential area in Franklin depends on your priorities, be it proximity to nature, community engagement, or access to amenities. The town's scenic beauty, coupled with a warm community atmosphere, makes Franklin an ideal choice for those looking to settle in a picturesque New England setting.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.