Attention Builders and New Construction Buyers! Here's an excellent opportunity to own a 15,000 square-foot lot located in Portland's Stroudwater area on a city dead-end street. Explore the possibilities offered by the new city recode and discover the potential this property provides for your next project

Broker for this Listing:

Willie

willie@greaterportlandrealty.com

Listing Price: $225,000

Portland, ME 04102

MLS #1642517

Property Type

Land / Lot – Residential development opportunity
Zoning: RN‑1

Dimensions

Lot size: 0.34 acres (approx. 14,810 sq ft)
Shape & terrain: Wooded, residential neighborhood; city dead‑end street

Location & Access

Located in the Stroudwater neighborhood of Portland
Situated on a city dead‑end street, offering quieter surroundings
Road surface: Paved

Lot Features

Wooded lot with natural setting
Near major transportation routes including Turnpike/Interstate access
Ideal for builders, new construction, or development prospects under Portland’s updated recode

Utilities

Public water available
Public sewer available
Electric not currently on site (buyer to verify)

Parking & Access

No driveway currently on the lot; on‑street parking available

Financial Details

Annual Taxes: ~$1,270 (2024 tax year)
Assessed Land Value: approx. $84,600
Price history: listed at $250,000 on 11/01/2025, reduced to $225,000 on 02/06/2026

Remarks

Attention builders and buyers seeking new construction potential: this 15,000 sq ft lot in the desirable Stroudwater area presents an excellent opportunity in a residential neighborhood near amenities and major travel corridors. With proximity to city recode benefits, the property offers flexibility for future development.

Quick Summary

Feature Details

Property Type Land / Lot

Price: $225,000

Lot Size: 0.34 acres / ~14,810 sq ft

Zoning: R N‑1

Utilities: Public water & sewer

Location: Stroudwater neighborhood, dead‑end street

Taxes (2024): $1,270

Listed by Greater Portland Realty

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89 Cobb Avenue Portland, ME