Blank Canvas Opportunity on Ocean Avenue.
Discover a rare gem offering the perfect balance of tranquil privacy and urban convenience. Situated on a flat, secluded 1.83-acre lot, 1040 Ocean Avenue provides a serene retreat just minutes from downtown Portland and Falmouth.
The property boasts exceptional natural borders, flanked to the west by the preserved open space of the Old Barn Estates development and to the south by a peaceful city park. The property has been surveyed and soil tested.
Please note: The existing structure on the property will need to be razed. Buyer is responsible for all due diligence.
Active
$275,000
1040 Ocean Avenue, Portland, ME 04103
--beds
--baths
1.83Acres
Land
Built in ----
1.83 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Exceptional natural borders
- 83 days
- 372
- 39
Zillow last checked:
Listing updated:
Listed by:
Better Homes and Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1672243
Facts & features
Property
Parking
- Parking features: Paved, 5 - 10 Spaces
Lot
- Size: 1.83 Acres
- Features: Near Turnpike/Interstate, Near Town, Level
Details
- Parcel number: PTLDM415BA002001
- Zoning: RN-1
Utilities & green energy
- Electric: No Electric
- Sewer: Septic Needed
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $116,300
- Annual tax amount: $1,746
- Date on market: 7/16/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $275,000-23.6% |
Source:  Maine Listings #1672243 Report a problem | ||
| 8/12/2025 | Listing removed | $360,000 |
Source: Maine Listings #1614429 Report a problem | ||
| 6/15/2025 | Listed for sale | $360,000 |
Source: Maine Listings #1614429 Report a problem | ||
| 3/12/2025 | Pending sale | $360,000 |
Source: Maine Listings #1614429 Report a problem | ||
| 2/14/2025 | Listed for sale | $360,000+236.4% |
Source: Maine Listings #1614429 Report a problem | ||
| 8/19/2022 | Sold | $107,000-14.4% |
Source: Maine Listings #1524989 Report a problem | ||
| 4/17/2022 | Pending sale | $125,000-34.2% |
Source: Maine Listings #1524989 Report a problem | ||
| 8/12/2019 | Listing removed | $190,000 |
Source: Keller Williams Realty #1400628 Report a problem | ||
| 7/23/2019 | Listed for sale | $190,000-5% |
Source: Keller Williams Realty #1400628 Report a problem | ||
| 2/28/2019 | Listing removed | $199,900 |
Source: Keller Williams Realty #1400628 Report a problem | ||
| 2/12/2019 | Pending sale | $199,900 |
Source: Keller Williams Realty #1400628 Report a problem | ||
| 1/28/2019 | Price change | $199,900-16.7% |
Source: Keller Williams Realty #1400628 Report a problem | ||
| 12/12/2018 | Listed for sale | $239,900+45.4% |
Source: Keller Williams Realty #1400628 Report a problem | ||
| 6/3/2014 | Listing removed | $165,000 |
Source: Keller Williams - Greater Portland #1073245 Report a problem | ||
| 5/26/2013 | Listed for sale | $165,000 |
Source: E to P LLC, dba Keller Williams Realty #1073245 Report a problem | ||
| 5/24/2013 | Pending sale | $165,000 |
Source: Keller Williams - Greater Portland #1073245 Report a problem | ||
| 5/6/2013 | Listed for sale | $165,000 |
Source: E to P LLC, dba Keller Williams Realty #1073245 Report a problem | ||
| 4/25/2013 | Pending sale | $165,000 |
Source: Keller Williams - Greater Portland #1073245 Report a problem | ||
| 3/3/2013 | Listed for sale | $165,000 |
Source: Keller Williams - Greater Portland #1073245 Report a problem | ||
| 3/2/2013 | Pending sale | $165,000 |
Source: Keller Williams - Greater Portland #1073245 Report a problem | ||
| 12/8/2012 | Price change | $165,000-5.7% |
Source: Keller Williams - Greater Portland #1073245 Report a problem | ||
| 11/2/2012 | Listed for sale | $175,000-20.5% |
Source: Keller Williams - Greater Portland #1073245 Report a problem | ||
| 3/17/2012 | Listing removed | $220,000 |
Source: Better Homes and Gardens-The Masiello Group #947439 Report a problem | ||
| 10/1/2011 | Price change | $220,000-26.7% |
Source: Better Homes and Gardens-The Masiello Group #947439 Report a problem | ||
| 4/10/2010 | Listed for sale | $300,000 |
Source: NCI #947439 Report a problem | ||
| 3/6/2010 | Listing removed | $300,000 |
Source: Millett Realty Inc. #947439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,676 | $116,300 |
| 2023 | $1,676 -64% | $116,300 -66% |
| 2022 | $4,660 +5.4% | $342,400 +80.6% |
| 2020 | $4,420 | $189,600 |
| 2019 | $4,420 +3.7% | $189,600 |
| 2018 | $4,262 +3.8% | $189,600 |
| 2017 | $4,105 +2.6% | $189,600 |
| 2016 | $4,002 +2.3% | $189,600 |
| 2015 | $3,911 +3.1% | $189,600 |
| 2014 | $3,792 +3% | $189,600 |
| 2013 | $3,680 -19.4% | $189,600 -21.8% |
| 2012 | $4,566 +3% | $242,600 |
| 2011 | $4,435 +3% | $242,600 |
| 2009 | $4,304 | $242,600 |
| 2008 | $4,304 +8.8% | $242,600 |
| 2006 | $3,957 | $242,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: North Deering
Similar homes
- $185,0008,065 acres73 Gertrude Avenue, Portland, ME 04103Active
MLS ID #1683563, EXP Realty. Maine Listings - $250,0000.3 acresLots 23-25 Fisher Street, Portland, ME 04103Active
MLS ID #1680695, RE/MAX Oceanside. Maine Listings - $247,0001.96 acres119 West Shore Drive, Portland, ME 04109Active
MLS ID #1666945, Legacy Properties Sotheby's International Realty. Maine Listings - $299,0001.41 acres383 Pleasant Avenue, Portland, ME 04108Active
MLS ID #1669893, Keller Williams Realty. Maine Listings - $297,0001.4 acres20 Solar Way, Cumberland, ME 04021ActiveMLS ID #1683221, Home At Last Realty. Maine Listings
- $249,0000.58 acres151 Brackett Avenue, Portland, ME 04108ActiveMLS ID #1683118, Harborview Properties, Inc.. Maine Listings
- $350,0001.11 acres108 Longfellow Street LOT 3, Westbrook, ME 04092ActiveMLS ID #1679601, Dream Home Realty LLC. Maine Listings
- $200,0002 acres0 Amandas Way, Cumberland, ME 04021ActiveMLS ID #1672456, Century 21 North East. Maine Listings
- $259,9005 acres49 Wilson Road, Cumberland, ME 04021ActiveMLS ID #1676356, Coldwell Banker Realty. Maine Listings
- $345,0001.5 acres290 Bridgton Road #1, Westbrook, ME 04092ActiveMLS ID #1562640, Getty Real Estate Services, LLC. Maine Listings
- $239,9002.52 acres64-G Browning Way, Cumberland, ME 04021ActiveMLS ID #1668654, Dan Anderson Real Estate, Inc.. Maine Listings
- $169,0008,276 sqft1 Coolidge Avenue, Portland, ME 04103ActiveMLS ID #1632456, Keller Williams Realty. Maine Listings
- $315,0001.99 acres6 Cyr Drive, Gorham, ME 04038ActiveMLS ID #1674514, Keller Williams Realty. Maine Listings
- $330,0002.46 acres69 Lot 2 New Gloucester Road Lot 2, North Yarmouth, ME 04097ActiveMLS ID #1681267, Keller Williams Realty. Maine Listings
- $270,0004 acres18 County Road, Gorham, ME 04038ActiveMLS ID #1668350, Berkshire Hathaway HomeServices Northeast Real Estate. Maine Listings
- $260,0006,534 sqftLot 3 Clover Way, Falmouth, ME 04105ActiveMLS ID #1682055, Signature Homes Real Estate Group, LLC. Maine Listings
- $200,0001.23 acres69 Lot 3 New Gloucester Road Lot 3, North Yarmouth, ME 04097ActiveMLS ID #1681268, Keller Williams Realty. Maine Listings
- $275,0000.31 acres0 Hillcrest Avenue, Portland, ME 04102ActiveMLS ID #1636345, Legacy Properties Sotheby's International Realty. Maine Listings
- $275,0002.96 acres0 Cook Road, Windham, ME 04062ActiveMLS ID #1659210, Keller Williams Realty. Maine Listings
- $169,5001.84 acres40 Highland Cliff Road, Windham, ME 04062ActiveMLS ID #1665096, Butts Commercial Brokers. Maine Listings
