Nestled in the heart of South Portland - just minutes from downtown Portland and some of Maine's most beloved beaches - this handsome 3-bedroom, 2.5 bath end unit is flooded with natural light and offers an inviting open floor plan. Move - in ready, #12 features a warm and welcoming living room anchored by a gas fireplace, and a beautifully appointed kitchen with granite countertops, and stainless-steel appliances. A newly installed, energy efficient heat pump provides both heating and cooling for year-round comfort. The private patio off the living area overlooks peaceful Dow Woods, creating a serene backdrop. Upstairs, the spacious primary en-suite includes a large walk-in closet, radiant heat in the bathroom, and a private deck with views of the preserve. Here you'll enjoy the city lights of Portland and peeks of Mt. Washington in the distance. Sunsets from the deck are truly special. The 2nd floor has a convenient laundry room, a guest bath, and 2 additional bedrooms - one of which includes a Murphy bed that conveys with the property. Additional highlights include a one car attached garage and a strong association that welcomes pets and allows rentals. This sweet location offers a unique opportunity to enjoy comfort, convenience, and affordability all in one thoughtfully designed home.
Closed
$565,000
25 Preservation Lane #12, South Portland, ME 04106
3beds
1,578sqft
Condominium
Built in 2019
-- sqft lot
$566,700 Zestimate®
$358/sqft
$3,589 Estimated rent
Home value
$566,700
$521,000 - $612,000
$3,589/mo
Zestimate® history
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$3,897/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Realty 207-773-1990
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1655655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Features: Balcony/Deck, Full Bath, Separate Shower, Walk-In Closet(s)
- Level: Second
Bedroom 2
- Features: Built-in Features
- Level: Second
Bedroom 3
- Features: Closet
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Laundry
- Level: Second
Living room
- Features: Gas Fireplace
- Level: First
Heating
- Baseboard, Heat Pump, Radiant
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer, Tankless Water Heater
Features
- Attic, Pantry, Shower, Storage, Walk-In Closet(s)
- Flooring: Carpet, Tile, Vinyl, Wood
- Windows: Double Pane Windows, Low Emissivity Windows
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 1,578
- Total interior livable area: 1,578 sqft
- Finished area above ground: 1,578
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, 1 - 4 Spaces
- Garage spaces: 1
Features
- Patio & porch: Deck, Patio
Lot
- Size: 12.01 Acres
- Features: Abuts Conservation, Near Country Club, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Open Lot, Wooded
Details
- Parcel number: SPORM035B012L010
- Zoning: aa
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Wood Frame, Vinyl Siding
- Foundation: Slab, Poured Concrete
- Roof: Composition,Fiberglass,Shingle
Condition
- New construction: Yes
- Year built: 2019
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: 16+ SEER AC, Ceiling Fans, Insulated Foundation, LED Light Fixtures, Thermostat
Community & HOA
Community
- Security: Air Radon Mitigation System
- Subdivision: Terrace Heights
HOA
- Has HOA: Yes
- HOA fee: $350 monthly
Location
- Region: South Portland
Financial & listing details
- Price per square foot: $358/sqft
- Tax assessed value: $451,700
- Annual tax amount: $5,824
- Date on market: 4/1/2026
- Exclusions: 2 baby gates
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $565,000+2.7%$358/sqft |
Source:  Maine Listings #1655655 Report a problem | ||
| 4/9/2026 | Pending sale | $550,000$349/sqft |
Source: Maine Listings #1655655 Report a problem | ||
| 4/1/2026 | Listed for sale | $550,000+48.7%$349/sqft |
Source: Maine Listings #1655655 Report a problem | ||
| 4/30/2020 | Sold | $369,900$234/sqft |
Source: Maine Listings #1415668 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,962 +20.1% | $451,700 +28.7% |
| 2023 | $4,965 -0.9% | $351,100 +9% |
| 2022 | $5,012 +11.2% | $322,100 +41.1% |
| 2020 | $4,507 +3.4% | $228,200 |
| 2019 | $4,359 +174% | $228,200 +165.3% |
| 2018 | $1,591 | $86,000 |
Find assessor info on the county website
Neighborhood: 04106
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Frank I Brown Elementary SchoolGrades: K-4Distance: 1.3 mi
- 7/10Daniel F. Mahoney Middle SchoolGrades: 5-8Distance: 1.2 mi
- 6/10South Portland High SchoolGrades: 9-12Distance: 0.1 mi
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- Maine
- Cumberland County
- South Portland
- 04106
- 25 Preservation Lane Unit 12
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