494 Island AVE, Portland, ME 04108
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494 Island AVE, Portland, ME 04108
494 Island AVE, Portland, ME 04108
494 Island AVE, Portland, ME 04108
494 Island AVE, Portland, ME 04108
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Nathan Norton

Nathan Norton

+1(207) 798-1544
Listed by Shalene Johnson Locations Real Estate Group LLC
$ 1,175,000
Est. payment /mo
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Active

494 Island AVE Portland, ME 04108

2 Beds

1 Bath

576 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 576 sqft

Price per Sqft $2,039

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 576

Property Description

Here's your opportunity of a lifetime! This spectacular property is a truly rare offering with approximately 220 feet of ocean frontage overlooking Diamond Pass. Set well back from the road and perched along the shoreline, it captures sweeping, serene water views, sandy beach frontage (a rarity on the island), and a sense of peace and privacy that is increasingly hard to find. Whether it's mornings watching boats pass through the channel or quiet evenings at the water's edge, this is a setting that invites you to slow down and stay awhile. The existing home is ready for your vision--whether restoration, expansion, or reimagining. Whatever you choose, here's your opportunity to create something special in an extraordinary setting. Located near the island clubhouse and just steps from the water, there's potential for a mooring and possibly a dock (please verify). You're encouraged to perform your own due diligence regarding dock feasibility and accessory dwelling unit opportunities. It's rare to find this level of frontage, sandy beach access, and panoramic views in one property! Rarer still to have the opportunity to make it your own.

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 Interior Entry

Interior

Heating Baseboard, Direct Vent Heater, Heat Pump, Pellet Stove

Cooling Heat Pump

Flooring Carpet, Tile, Painted/Stained

Fireplace No

Exterior

View Scenic

Roof Type Shingle

Porch Deck

Garage No

Building

Water Public

Architectural Style Other, Ranch

Others

Tax ID PTLD-000090-J000003-000001

Maine MLS (MREIS) IDX

NEARBY SCHOOLS & PROPERTIES

Nathan Norton

Nathan Norton

Broker Associate | License ID: BA921597

+1(207) 798-1544

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494 Island AVE