494 Island AVE, Portland, ME 04108
494 Island AVE, Portland, ME 04108
494 Island AVE, Portland, ME 04108
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Listed by Shalene Johnson Locations Real Estate Group LLC
$879,999
Est. payment /mo
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2 Beds
1 Bath
716 SqFt
Active

494 Island AVE Portland, ME 04108

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 716 sqft

Price per Sqft $1,229

MLS Listing ID 1658995

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1965

Tax Year 2026

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 716

Property Description

Here's your opportunity of a lifetime and it's the perfect time to buy so you have the winter to plan and permit. This spectacular Peaks Island waterfront lot with an existing cottage, a sandy beach (a rarity on the island) and approximately 220 feet of oceanfront with sweeping views of Casco Bay and Diamond Pass. This private 0.90-acre Casco Bay property offers panoramic water views and room to explore a renovation, addition or custom-home rebuild. There's potential for a mooring or dock. Buyers should independently verify what's possible under applicable shoreland requirements and approvals for this large lot, as well as the feasibility of a dock.

A property survey and preliminary correspondence from the City of Portland are available to help buyers get started. An introduction to a Peaks Island contractor who has already walked the property is available for buyers who want to discuss what an island build could look like. Or, if customizing a modular home is a route you'd like to explore, I can also introduce you to a company with experience constructing on the island. This extraordinary property is truly magical and needs to be seen to be appreciated. Come walk the shoreline and see what makes this setting so special.

Location

State ME

County Cumberland

Zoning IR-2, Shoreland

Direction Ferry to Peaks Island. Left at the top of the road onto Island Ave. Follow Island Ave to 494.

Body of Water Casco Bay, Atlantic Ocean

Rooms

Basement Doghouse, Interior Entry, Walk-Out Access, Daylight, Unfinished

Interior

Interior Features 1st Floor Bedroom

Heating Electric, Pellets, Propane, Baseboard, Direct Vent Heater, Heat Pump, Pellet Stove

Cooling Heat Pump

Flooring Carpet, Tile, Painted/Stained

Fireplace No

Appliance Microwave, Electric Range, Refrigerator, Washer

Exterior

Parking Features Gravel, Paved, 5 - 10 Spaces

Waterfront Description Beach Rights,Oceanfront

View Scenic

Roof Type Shingle

Porch Deck

Garage No

Building

Lot Description Near Public Beach, Level, Open Lot

Foundation Block, Poured Concrete

Water Public

Architectural Style Cottage, Other, Ranch

Others

Tax ID PTLD-000090-J000003-000001


Maine MLS (MREIS) IDX

NEARBY SCHOOL & BUSINESS

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Melinda Torrens

Melinda Torrens

Broker License ID: Maine: DB911085

+1(207) 776-1620

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494 Island AVE