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494 Island Avenue, Portland, ME 04108

$1,175,000
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New to the Market Active
BEDS2 BATHS1 full SQUARE FEET576 MLS#1658995
STATUSActive PROPERTY TYPEResidential - Single Family

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.

494 Island Avenue | MLS# 1658995

This single family home located at 494 Island Avenue, Portland, ME 04108 is currently listed for sale with an asking price of $1,175,000. This property was built in 1965 and has 2 bedrooms and 1 full baths with 576 sq. ft. Search Portland real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Interior Entry
Cooling: Heat Pump
Heating: Baseboard, Direct Vent Heater, Heat Pump, Pellet Stov
Home Style: Other, Ranch
Lot Size: 0.90 Acres
Roof Type: Shingle
Taxes: $12,369
Year Built: 1965

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Tile, Painted/Stained
Sewer: Septic Tank
Special View Info: Scenic
SQ FT Above Grade: 576
SQ FT Below Grade: 0
Total Rooms: 5
Water: Public
Water Body Name: Casco Bay, Atlantic Ocean

Room Sizes

Kitchen: Level - First
Living Room: Level - First
Sunroom: Level - First
Bedroom 1: Level - First
Bedroom 2: Level - First

Listed By / Shown By

Listed By

Agency Name: Locations Real Estate Group LLC
Agency Phone: 207-805-1811
Agent Name: Shalene Johnson

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Estimated Payment

$ 3,988.50 per month $2,615.04 Principal & Interest $1,030.75 Property Tax $342.71 Homeowner's Insurance

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