48 Meridian Street Portland, ME

Charming Peaks Island cottage offering 2 bedrooms and 1 bathroom in an efficient 490-square-foot layout. Conveniently located near island amenities and ferry access, this property presents an excellent opportunity for a seasonal getaway, investment property, or year-round residence in one of Portland's most unique coastal communities.

Broker for this Listing: 

Pam Webb-Audet

pam@greaterportlandrealty.com

48 Meridian Street

Peaks Island, Portland, ME 04108

$399,000 | MLS #1667155 | Active
Listed by: Greater Portland Realty
Source: Maine Listings

Property Type
Single Family Residence | Style: Cottage | Year Built: 1900 | Zoning: IR2 | Seasonal

Dimensions
Finished Living Area: 490 sq ft (all above grade) | Lot Size: 0.12 acres (public records) | Price per sq ft: $814.29

Bedrooms & Baths
2 Bedrooms (both first floor) | 1 Full Bathroom (first floor) | Total Baths: 1

Room Layout
First Floor: Kitchen, Living Room, Bedroom 1, Bedroom 2 (4 rooms total)

Interior Features
Compact island cottage with an open living and kitchen area. Flooring: Vinyl. Basement: Crawl space, dirt floor (exterior entry only). Appliances included: Dryer, Electric Range, Microwave, Refrigerator, Washer. Heating: Space heater (bottled gas). Water heater: Electric. Cooling: None. No fireplace. Electric: Circuit breakers. Amenities: First-floor bedroom, shower. Furniture: Negotiable.

Lot & Exterior Features
Manageable 0.12-acre lot, well landscaped. Wood frame with shingle siding; green exterior. Foundation: Pillar/post/pier. Roof: Shingle. Deck and screened porch. No driveway; on-street parking. Roads: Dirt, public. Rural island setting; no water frontage or water view; recreational water nearby.

Location
Peaks Island, Portland, Maine (Cumberland County). Short distance to ferry service connecting to downtown Portland. Close to beaches, walking trails, restaurants, and island attractions. Island living with mainland access.

Utilities
Public water. Public sewer. Electric: Circuit breakers. Gas: Bottled. Heat: Space heater (bottled gas); electric water heater.

Financial Details
List Price: $399,000 | Original List Price: $399,000 | 2024 Taxes: $3,385 | Price per sq ft: $814.29 | No HOA | No association fees | Tax ID: PTLD-000085-B000007-000001.

Quick Summary
Property Type: Single Family (Cottage)
Price: $399,000
Living Area: 490 sq ft
Lot Size: 0.12 acres
Bedrooms / Baths: 2 BR / 1 BA
Parking: On street (no driveway)
Style: Cottage
Year Built: 1900
Taxes (2024): $3,385
Zoning: IR2
MLS #: 1667155
Listed By: Greater Portland Realty