109 Reed Avenue, Portland, ME 04108

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
109 Reed Avenue,Portland, ME 04108
$975,000
  • 0.92 Acres
  • Lots / Land
  • Active
Office: town & shore real estate
MLS#:1669026
Source:ME_MREIS

Price summary

  • Price:$975,000

About this home

Rarely does an opportunity like this come along. This private building site is located on Peaks Island, one of Casco Bay's most beloved islands. 109 Reed Avenue offers one of the last remaining direct waterfront lots on the island. The 0.92 acres of land consists of 458 ft of ocean frontage with a rocky beach on a protected cove that feels worlds away from the mainland, yet is just a short ferry ride from the heart of Portland. Tucked at the end of a quiet gravel road, the property offers an elevated ridge with commanding views, mature woodlands, and an open lawn with access to Josiah's Cove. Watch lobster boats, ferries, and sailboats drift by from this serene setting. The lot has been surveyed and perk tested, conservation land abuts the property ensuring lasting privacy. Whether you're dreaming of a full-time coastal residence or a summer retreat, this lot is one of the last chances to build something extraordinary on Peaks Island.

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Home facts

  • Listing ID #:1669026
  • Updated:August 13, 2026 at 10:32 AM

Structure and exterior

  • Lot area:0.92 Acres
  • Lot Features:Level, Open Lot, Right of Way, Wooded

Utilities

  • Water:Public, Seasonal
  • Sewer:Septic Needed, Soil Test Available

Finances and disclosures

  • Price:$975,000
  • Tax amount:$6,685 (2024)

Parking

  • Parking description:No Driveway, On Site
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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