Description
Rarely does an opportunity like this come along. This private building site is located on Peaks Island, one of Casco Bay's most beloved islands. 109 Reed Avenue offers one of the last remaining direct waterfront lots on the island. The 0.92 acres of land consists of 458 ft of ocean frontage with a rocky beach on a protected cove that feels worlds away from the mainland, yet is just a short ferry ride from the heart of Portland. Tucked at the end of a quiet gravel road, the property offers an elevated ridge with commanding views, mature woodlands, and an open lawn with access to Josiah's Cove. Watch lobster boats, ferries, and sailboats drift by from this serene setting. The lot has been surveyed and perk tested, conservation land abuts the property ensuring lasting privacy. Whether you're dreaming of a full-time coastal residence or a summer retreat, this lot is one of the last chances to build something extraordinary on Peaks Island.
Details
| MLS # | 1669026 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 63 |
| Listing Provided By | Town & Shore Real Estate | Erin Haber |
Features
| Zoning | IR-1, shoreland |
|---|---|
| Acreage | 0.92 |
| Water Front | Casco Bay |
| Property View | Scenic |
Exterior
| Lot Features | Other, Level, Open Lot, Right of Way, Wooded |
|---|---|
| View | Scenic |
Parking
| Parking Features | No Driveway, On Site |
|---|
Utilities
| Sewer | Septic Needed, Soil Test Available |
|---|---|
| Electric | On Site |
Taxes
| Tax Annual Amount | 6685 |
|---|---|
| Tax Book Number | 6395 |
| Tax Year | 2024 |
| Tax Lot | 6, 9 |
| Tax Map Number | 91 |
Area Information
| State | ME |
|---|---|
| County | Cumberland |
| City | Portland |
| Zip Code | 04108 |
| Area | Cumberland |
| Listing VS Median (in 04108) | |
Price: $975,000 low | high Med: $824,500 On site: 63 low | high Med: 250 | |
Market Activity 04108
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Learn More About This Property
| State | ME |
|---|---|
| County | Cumberland |
| City | Portland |
| Zip Code | 04108 |
| Area | Cumberland |
| Listing VS Median (in 04108) | |
Price: $975,000 low | high Med: $824,500 On site: 63 low | high Med: 250 | |
