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  • $986,001

    115 Summit Terrace #4, South Portland, ME 04106

    3beds
    2,350sqft
    Condominium
    Built in 2025
    -- sqft lot
    $1,002,800 Zestimate®
    $420/sqft
    $4,630 Estimated rent

    Home value

    $1,002,800

    $933,000 - $1.08M

    $4,630/mo

    Zestimate® history
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    $5,453/mo

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    What's special

    Private elevatorProtected city-owned landEfficient heat sourcesPrivate porchHardwood floorsTiled showerOpen-concept layout
    Introducing a thoughtfully designed 20-unit luxury condominium community nestled in the sought-after Willard Beach area of South Portland. Each residence offers approximately 2,350 square feet of refined living space across three levels, with a private elevator for enhanced convenience. The second floor features an elegant open-concept layout that includes the living room, kitchen, dining area, a separate office, a stylish half bath and a porch off of the Livingroom—perfect for modern living and entertaining. On the ground floor, a versatile efficiency suite with a full bath, kitchenette, and private patio offers an ideal space for a caregiver, in-law, or guest. The top floor is home to a spacious primary bedroom with an ensuite bath featuring a tiled shower and a private porch overlooking the treed ridge behind the property. A guest bedroom, additional full bath, and laundry room complete the upper level. Hardwood floors run throughout, and each unit is equipped with two efficient heat sources and cooling for year-round comfort. Set in a quiet neighborhood, the development abuts 4+- acres of protected city-owned land, providing privacy and a natural buffer. Residents will enjoy walking distance to Willard Beach, SMCC, marinas, restaurants, and local shops. Each home also includes a one-car garage, making this an exceptional blend of luxury, location, and lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    F.O. Bailey Real Estate

    Bought with:

    F.O. Bailey Real Estate

    Source: Maine Listings,MLS#: 1625021MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Third
    Bedroom 3
    • Level: Third
    Dining room
    • Level: Second
    Other
    • Level: First
    Kitchen
    • Level: Second
    Living room
    • Level: Second
    Office
    • Level: Second
    Heating
    • Baseboard, Heat Pump, Hot Water, Zoned
    Cooling
    • Heat Pump
    Features
    • Flooring: Other, Tile, Wood
    • Windows: Double Pane Windows, Low Emissivity Windows
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,350
    • Total interior livable area: 2,350 sqft
    • Finished area above ground: 2,350
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: 32 - 36 Inch Doors, 36+ Inch Doors, Elevator/Chair Lift
    Features
    • Levels: Multi/Split
    • Patio & porch: Porch
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 2.14 Acres
    Details
    • Zoning: R-2

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    Materials
    • Roof: Fiberglass,Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: 90% Efficient Furnace

    Community & neighborhood

    Location
    • Region: South Portland

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $479 monthly

    Price history

    DateEventPrice
    2/27/2026Sold$986,001+4%$420/sqft
    Source: Maine Listings #1625021 Report a problem
    6/3/2025Pending sale$947,872$403/sqft
    Source: Maine Listings #1625021 Report a problem
    6/3/2025Listed for sale$947,872$403/sqft
    Source: Maine Listings #1625021 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04106

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,002,800
    2% more
    +$20,056
    With Zillow Showcase(estimated)
    $1,022,856