52.28 acres in Cumberland County, Maine

? Price Improvement - Now Offered at $1.8M! ? Just 20 minutes from Portland, the iconic William Allen Farm blends timeless New England charm with incredible income potential. Set on 52+ acres of rolling fields, forest trails, and a peaceful heart-shaped pond, this estate offers both serenity and opportunity. At its heart stands a 3,200 sq. ft. post-and-beam event barn built in 1810-a showpiece that has hosted countless weddings and celebrations. With soaring timber frames, glowing chandeliers, and space for up to 175 guests, it's ready to continue generating income or bring your next vision to life. The nearly 5,000 sq. ft. farmhouse features six bedrooms, three baths, a newly renovated kitchen, and an inviting blend of historic character and modern comfort. A private suite with its own entrance provides the perfect space for guests, in-laws, or a bridal retreat. As of October 2025, the property offers the option to create an additional lot, adding even more flexibility for future use or investment. Whether you dream of a countryside retreat, an elegant event venue, or a unique income-producing property close to the city, William Allen Farm delivers a rare blend of beauty, history, and opportunity.