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Land for Sale in Portland, Maine

7 Orange St, Portland, ME 04102

$695,000
0.14 acres
Active sale
Est $4,992/mo

DEVELOPMENT OPPORTUNITY: Entitled 8-Unit Site in Portland's Coveted West End -- 100% Inclusionary Zoning (IZ) Exempt. Avoid the multi-year planning hurdles. This premium corner parcel is sold fully de-risked and conceptually entitled, packaged with a formal Zoning Summary Memorandum (Perkins Thompson) validating a full 8-unit build, alongside an architectural massing study (Kaplan Thompson Architects). By staying under the city's 10-unit threshold, this project is entirely exempt from Portland's strict Inclusionary Zoning mandates, affordable housing quotas, and fee-in-lieu penalties. Unmatched natural topography unlocks spectacular, unobstructed inner harbor and active boatyard views that begin directly from the ground-level grass and expand into a panoramic sweep from the upper floors and potential 45-foot rooftop deck. The site sits entirely outside the Historic Overlay District, and the natural downhill slope perfectly accommodates street-level, tucked-under parking to drastically minimize excavation costs.

Location

Street address
7 Orange St
Zip code
04102
Elevation
103 feet
Coordinates
43.6464, -70.2657

Property details

Lot size
0.14 acres6,098 sq ft
Zoning
RN-4
MLS #
MREIS 1659152
Posted

Property taxes

2026
$3,683

Parcels

  • 05170_057 H001

Details and features

Listing

Type
Land
Franchise
Independent

Lot

Features
Corner Lot, Intown, Near Shopping, Neighborhood, Open

Exterior

Parking
Driveway

Listing history

DateEventPriceChangeSource
Apr 24, 2026New listing$695,000MREIS
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This 0.14-acre property is located at 7 Orange St in Portland, ME 04102. The land is available for sale, priced at $695,000.

Listed by Vitalius Real Estate Group, (207) 541-3755

Checked 2 hours agoUpdated Source

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