On the market: The best of luxury condo living in Southern Maine
Three Maine Homes Are On The Market, With Asking Prices Near $900,000
Three properties are currently for sale in the greater Portland area, offering buyers a range of options at prices from $900,000 to $947,842.
A newly constructed condominium at 58 Cumberland Avenue in Portland is listed for $925,000. The residence is on the peninsula and occupies a first-floor level. It contains two bedrooms and two full bathrooms, plus 1,069 square feet of space. The floor plan opens through large windows, and the ceiling height is 9 feet. The interior details include cherry cabinets, quartz countertops, GE Café appliances, hickory flooring and designer lighting. A roll-in shower is included. The unit also has substantial closet room, in-unit laundry and a one-car garage. The monthly fee for the condo association is $351. Ed Gardner of Gardner Real Estate Group represents it.
In Falmouth, 267 U.S. Route 1, Unit 401, is asking $900,000. Built in 2024, the condominium has two bedrooms, two and a half bathrooms and a separate powder room. The combined interior area is 1,255 square feet. The property sits at a corner and is described as having forest views. The bedrooms are said to have their own bathrooms. The Wyeth offers a fitness center, clubroom, secured heated garage, elevator and grounds upkeep. The location is close to Interstate 95 and Interstate 295. The association fee is $480. The listing is handled by Will and Ally Fuller of Legacy Properties Sotheby’s International Realty.
The largest and most expensive of the group is a three-story condominium at 131 Summit Terrace, Unit 7, in South Portland. It is listed for $947,842. The home has three bedrooms, three and a half bathrooms and 2,350 square feet. It is in the Willard Beach section of South Portland and borders protected land on three sides. The building has a private elevator, bedrooms with en-suite bathrooms, an oversized single-car garage, a fireplace, two balconies and a patio. The lower level can be configured as a standalone accessory unit with a kitchen and bathroom, potentially supporting rental income, according to listing details. The association fee is $440. Anne Ross-Murray of F.O. Bailey Real Estate is the listing agent.
The three homes differ in size, price and setting. The Portland property is the smallest by square footage and listed at nearly $925,000. The Falmouth unit is larger by interior space and listed at $900,000. The South Portland condo is the biggest, at 2,350 square feet, and carries the highest asking price of the three.
Together, the listings offer a mix of urban, wooded and coastal-adjacent living within a short stretch of Maine’s largest metro area. They are the latest in a continuing stream of properties to hit the market in the region, and they reflect the different priorities buyers bring to the table, whether that is newer construction, privacy or room for accessory living.
