
Residential Land for Sale in Portland, Maine
109 Reed Ave, Portland, ME 04108
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
- County
- Cumberland County
- Zip code
- 04108
- Elevation
- 36 feet
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 25, 2026 | New listing | $975,000 | — | MREIS |



















