USAMEPortland494 Island Avenue
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$1,175,000

For Sale

2 days ago

494 Island Avenue, Portland, ME

House

MLS® 1658995

2 Bed

1 Bath

576 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 576 sqft
Garage 
Taxes $12,369
Days Active 2
Lot Size 
Approx. Age 1965
Avg. Price Per Sqft $2,039
MLS® Number 1658995

Property Address: 494 Island Avenue, Portland, ME, 04108

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1658995
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
BasementInterior, Walk-Out Access, Daylight, Unfinished
Driveway5 - 10 Spaces, Gravel, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 23, 2026List Date
$1,175,000List Price
  • Commute

Commute

Starting Address
Destination Address
494 Island Avenue, Portland, ME

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