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.
Active under contract
$399,000
48 Meridian Street, Portland, ME 04108
2beds
490sqft
Single Family Residence
Built in 1900
5,227 Square Feet Lot
$405,200 Zestimate®
$814/sqft
$-- HOA
What's special
Lovely gardensAmple size kitchenCozy cottage
- 11 days |
- 2,078 |
- 69 |
Likely to sell faster than
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: $814/sqft
- Tax assessed value: $225,500
- Annual tax amount: $3,696
- Date on market: 6/14/2026
- Road surface type: Dirt
Estimated market value
$405,200
$385,000 - $425,000
$2,153/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Contingent | $399,000$814/sqft |
Source: | ||
| 6/14/2026 | Listed for sale | $399,000$814/sqft |
Source: | ||
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 | $199,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
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
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Portland
- 04108
- Peaks Island
- 48 Meridian Street





