Peaks Island!! Opportunity awaits...transform this cozy Cottage into your island paradise. Offering 2 bedrooms, 1 bath along with a ample size kitchen and living room. Situated back from the road with lovely gardens awaiting your vision. Come make this spot your get-away!! Home being sold in ''AS IS'' condition. Offers due by July 14th 5PM with a July 15th 5PM response time.
Pending
Price cut: $100K (6/30)
$299,000
48 Meridian Street, Portland, ME 04108
2beds
490sqft
Single Family Residence
Built in 1900
5,227 Square Feet Lot
$-- Zestimate®
$610/sqft
$-- HOA
What's special
Lovely gardensAmple size kitchenCozy cottage
- 67 days |
- 297 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Greater Portland Realty
Source: Maine Listings,MLS#: 1667155
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Space Heater
Cooling
- None
Appliances
- Included: Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- 1st Floor Bedroom, Shower
- Flooring: Vinyl
- Basement: Exterior Entry,Dirt Floor,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 490
- Total interior livable area: 490 sqft
- Finished area above ground: 490
- Finished area below ground: 0
Property
Parking
- Parking features: No Driveway, On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Screened
Lot
- Size: 5,227 Square Feet
- Features: Rural, Landscaped
Details
- Parcel number: PTLDM085BB007001
- Zoning: IR2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Peaks Island
Location
- Region: Portland
Financial & listing details
- Price per square foot: $610/sqft
- Tax assessed value: $225,500
- Annual tax amount: $3,696
- Date on market: 6/14/2026
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
$2,081/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Pending sale | $299,000$610/sqft |
Source:  Maine Listings #1667155 Report a problem | ||
| 6/30/2026 | Listed for sale | $299,000-25.1%$610/sqft |
Source: Maine Listings #1667155 Report a problem | ||
| 6/19/2026 | Contingent | $399,000$814/sqft |
Source: Maine Listings #1667155 Report a problem | ||
| 6/14/2026 | Listed for sale | $399,000$814/sqft |
Source: Maine Listings #1667155 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,249 | $225,500 |
| 2023 | $3,249 +5.9% | $225,500 |
| 2022 | $3,069 -33.8% | $225,500 +13.3% |
| 2020 | $4,639 | $199,000 |
| 2019 | $4,639 +3.7% | $199,000 |
| 2018 | $4,474 +3.9% | $199,000 |
| 2017 | $4,308 +2.5% | $199,000 |
| 2016 | $4,201 +2.3% | $199,000 |
| 2015 | $4,105 +3.1% | $199,000 |
| 2014 | $3,980 +3% | $199,000 |
| 2013 | $3,863 +3.2% | $199,000 |
| 2012 | $3,745 +2.9% | $199,000 |
| 2011 | $3,638 +3.1% | $199,000 |
| 2009 | $3,530 | $199,000 |
| 2008 | $3,530 +8.7% | $199,000 |
| 2006 | $3,246 | $199,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Peaks Island
Nearby schools
GreatSchools rating
- 8/10Peaks Island SchoolGrades: PK-5Distance: 0.4 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 4.1 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 3.3 mi
- $582,3003 bd1 ba1.1k sqft44 Meridian St, Portland, ME 04108Off Market
- $425,0002 bd0 ba672 sqft52 Meridian St, Portland, ME 04108Off Market
- $524,8003 bd1 ba640 sqft40 Meridian St, Portland, ME 04108Off Market
- $438,2001 bd1 ba560 sqft47 Meridian St, Portland, ME 04108Off Market
- $762,1003 bd2 ba1.5k sqft43 Meridian St, Portland, ME 04108Off Market
- $--0.25 acres154 Welch Street, Peaks Island, ME 04108Off Market
- $538,0002 bd1 ba723 sqft39 Meridian St, Portland, ME 04108Sold
- $420,9001 bd1 ba690 sqft49 Veteran St, Portland, ME 04108Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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