Freshly painted year-round home on Peaks Island Nestled on a tree-lined street, this 3-bedroom, 2-bathroom home offers the perfect mix of comfort and island charm. Enjoy the cozy living room, dine by the glow of the wood fireplace or unwind in the sunroom. Relax on enclosed front porch and sit on the back deck overlooking a spacious fenced yard--ideal for gardening or outdoor fun. Just a 7-minute walk takes you to the car ferry, Centennial Beach, local shops, restaurants, and more. In 10 minutes, you can reach the TEIA sailing and tennis club to fully embrace island life. Recently updated, this home now features heat pumps (5 zones) heating and cooling units, upgraded electrical service, a whole-house generator, and a new first-floor shower and outdoor shower. It also has city water, sewer, and weekly trash service. Only 15 minutes by car ferry from Portland, Peaks Island provides a tranquil retreat, yet remains close to all the city has to offer
Active under contract
$799,000
31 Elizabeth Street, Portland, ME 04108
3beds
1,630sqft
Single Family Residence
Built in 1915
5,662 Square Feet Lot
$789,600 Zestimate®
$490/sqft
$-- HOA
What's special
Wood fireplaceSpacious fenced yardOutdoor showerEnclosed front porchNew first-floor showerFreshly painted year-round home
- 73 days |
- 84 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Townsend Real Estate
Source: Maine Listings,MLS#: 1657820
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Second
- Area: 179820 Square Feet
- Dimensions: 162 x 1110
Bedroom 2
- Level: Second
- Area: 162140 Square Feet
- Dimensions: 134 x 1210
Bedroom 3
- Level: Second
- Area: 106110 Square Feet
- Dimensions: 1310 x 81
Dining room
- Features: Wood Burning Fireplace
- Level: First
- Area: 284170 Square Feet
- Dimensions: 1810 x 157
Kitchen
- Level: First
- Area: 260 Square Feet
- Dimensions: 20 x 13
Living room
- Level: First
- Area: 15748 Square Feet
- Dimensions: 127 x 124
Sunroom
- Level: First
- Area: 84180 Square Feet
- Dimensions: 610 x 138
Heating
- Baseboard, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
Features
- Flooring: Wood, Ceramic Tile
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Interior Entry,Walk-Out Access,Daylight,Full,Sump Pump
- Number of fireplaces: 1
Interior area
- Total structure area: 1,630
- Total interior livable area: 1,630 sqft
- Finished area above ground: 1,630
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
Lot
- Size: 5,662 Square Feet
- Features: Abuts Conservation, Near Public Beach, Near Shopping, Near Town, Neighborhood, Level
Details
- Parcel number: PTLDM087BZ028001
- Zoning: IR-2
- Other equipment: Cable
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Dutch Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding
- Foundation: Pillar/Post/Pier
- Roof: Fiberglass,Shingle
Condition
- Year built: 1915
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $490/sqft
- Tax assessed value: $446,400
- Annual tax amount: $7,755
- Date on market: 4/15/2026
- Road surface type: Paved
Estimated market value
$789,600
$750,000 - $829,000
$3,467/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Contingent | $799,000$490/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $799,000-5.4%$490/sqft |
Source: | ||
| 12/1/2025 | Listing removed | $845,000$518/sqft |
Source: | ||
| 10/26/2025 | Price change | $845,000-0.5%$518/sqft |
Source: | ||
| 10/7/2025 | Listed for sale | $849,000$521/sqft |
Source: | ||
| 10/7/2025 | Pending sale | $849,000$521/sqft |
Source: | ||
| 9/29/2025 | Listed for sale | $849,000+15.5%$521/sqft |
Source: | ||
| 9/21/2023 | Sold | $735,000+5.8%$451/sqft |
Source: | ||
| 8/21/2023 | Pending sale | $695,000$426/sqft |
Source: | ||
| 8/16/2023 | Listed for sale | $695,000$426/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,433 | $446,400 |
| 2023 | $6,433 +6.4% | $446,400 +0.5% |
| 2022 | $6,046 -11.9% | $444,200 +50.8% |
| 2020 | $6,865 | $294,500 |
| 2019 | $6,865 +3.7% | $294,500 |
| 2018 | $6,620 +3.8% | $294,500 |
| 2017 | $6,376 +2.6% | $294,500 |
| 2016 | $6,217 +2.3% | $294,500 |
| 2015 | $6,076 +3.2% | $294,500 |
| 2014 | $5,890 +3% | $294,500 |
| 2013 | $5,716 +3.1% | $294,500 |
| 2012 | $5,542 +3% | $294,500 |
| 2011 | $5,383 +3% | $294,500 |
| 2009 | $5,224 | $294,500 |
| 2008 | $5,224 +8.8% | $294,500 |
| 2006 | $4,803 | $294,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Peaks Island
Getting around
26 / 100
Some TransitNearby schools
GreatSchools rating
- 8/10Peaks Island SchoolGrades: PK-5Distance: 0.1 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 3.9 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 3.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Portland
- 04108
- Peaks Island
- 31 Elizabeth Street





