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Residential Land for Sale in Portland, Maine

109 Reed Ave, Portland, ME 04108

$975,000
0.92 acres
Active sale
ago
Est $7,130/mo

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.

Location

Street address
109 Reed Ave
Zip code
04108
Elevation
36 feet
Coordinates
43.6703, -70.1831

Property details

Lot size
0.92 acres40,075 sq ft
Zoning
IR-1, shoreland
MLS #
MREIS 1669026
Posted

Property taxes

2024
$6,685

Parcels

  • 05170_091 P006

Details and features

Listing

Type
Land

Lot

Waterfront
Yes
Features
Level, Open, Right of Way, Wooded

Exterior

Parking
Driveway

Structure

Water
Public
Sewer
Septic Needed

Listing history

DateEventPriceChangeSource
June 25, 2026New listing$975,000MREIS
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This 0.92-acre property is located at 109 Reed Ave in Portland, ME 04108. The land is available for sale, priced at $975,000.

Listed by Town & Shore Real Estate, (207) 773-0262

Checked 1 hour agoUpdated Source

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