Refine Search
Map
Sort by
$1,500,000
103 Read Street presents a substantial 1.41 acre offering in Portland, combining an existing three unit property with three additional vacant lots and compelling long term potential. The existing multi-family includes three residential units, while the additional acreage creates an opportunity to explore a range of future uses or development possibilities. A conceptual development plan explores the potential of an 8-16 unit Cottage Court community, subject to municipal review and approvals. The location offers convenient access to Back Cove, Baxter Boulevard, Payson Park, USM, downtown Portland, public transportation, and major commuter routes. With significant acreage in an established Portland neighborhood, 103 Read Street offers an intriguing opportunity for an investor, developer, or buyer looking to take a longer term approach to the property. Property is being sold as-is.

103 Read St, Portland

Listing courtesy of RE/MAX By The Bay.

$395,000
Rare buildable lot on Munjoy Hill! Build your dream home or multi-family/condo project on this +/- 3,393 sf lot in Portland's coveted East End neighborhood. Density allows for up to 4 units and the site offers upper-floor potential for sweeping Casco Bay views to the east and skyline views west over the city. Tucked into an idyllic tree-lined neighborhood and just steps from the Eastern Prom, cafes & restaurants galore, this location is truly unbeatable.

62 Waterville St, Portland

Listing courtesy of Vitalius Real Estate Group, LLC.

$275,000
Blank Canvas Opportunity on Ocean Avenue. Discover a rare gem offering the perfect balance of tranquil privacy and urban convenience. Situated on a flat, secluded 1.83-acre lot, 1040 Ocean Avenue provides a serene retreat just minutes from downtown Portland and Falmouth. The property boasts exceptional natural borders, flanked to the west by the preserved open space of the Old Barn Estates development and to the south by a peaceful city park. The property has been surveyed and soil tested. Please note: The existing structure on the property will need to be razed. Buyer is responsible for all due diligence.

1040 Ocean Ave, Portland

Listing courtesy of Better Homes and Gardens Real Estate/The Masiello Group.

$299,000
Come build your dream home (or homes!) on this large flat 1.41 acre lot in the Evergreen area of Peaks Island, Maine. Located in the northern end of the island, this property provides a quiet surrounding of trees yet is located close to the wonderful life that Peaks offers with the TEIA sailing club, walking the scenic trails and back shore rocks, swimming on the sandy beaches, boating in Casco Bay, or enjoying the island eateries. This level, partially cleared parcel is waiting for your vision of what your ideal home could be--whether you're dreaming of a year-round home, a charming seasonal getaway, or an investment property. A short ferry ride from Portland, Peaks Island offers the best of a relaxed coastal lifestyle with easy access to all that Portland has to offer including restaurants, night life, museums, art galleries, plus easy access to air and train transportation hubs. Whether you're ready to build your forever home or create a peaceful retreat to enjoy for generations, this exceptional property offers a rare chance to own a piece of one of Maine's most sought-after island communities. Per the town, two single family houses may be built on this lot - Buyer to confirm.

383 Pleasant Ave, Portland

Listing courtesy of Keller Williams Realty.

$975,000
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.

109 Reed Ave, Portland

Listing courtesy of Town & Shore Real Estate.

$345,000
Expansive, Sun-Filled Lot in Portland's Desirable Capisic/Rosemont Neighborhood A rare opportunity to build in one of Portland's most sought-after and convenient neighborhoods. This elevated and open lot offers approximately 80' of frontage and measures roughly 80' x ~165', totaling an impressive 13,200sf or 0.3 acres. Note - seller is willing to sell a smaller portion - see listing for 6,500sf (.149 acres) for $195,000 The options in this coveted RN1 zone are as abundant as the sunlight -- perfect for a spacious single-family home, a single-family with ADU(s), or multiple units. The city's new Cottage Court use would allow for up to 12 smaller homes and might be the ideal path for a developer. Tucked into a quiet, residential setting, the lot is remarkably private. To the west, a historic single-family home; to the east, the landmark chapel of the former convent, now the Frances Wade House. The rear quarter of the property is wooded, wild, and wonderful natural backdrop. Whether you're envisioning a family compound, a multi-unit or condo development, or several single-family homes with potential for additional ADUs, this property can accommodate it all. You could even leverage the southern exposure to build an off-grid, net-zero energy home. Opportunities like this are few and far between -- bring your imagination and seize this chance before it's gone.

63 Capisic St Unit A, Portland

Listing courtesy of Benchmark Real Estate.

$247,000
Set on an island just three miles off of Portland Maine sits an amazing development and community named Diamond Cove. Dating back to the Spanish American War originally constructed as an army fort, Diamond Cove was reimagined in the 1990's: The barracks, officers' quarters and support staff buildings have been transformed into luxury properties. This resort type community also features a marina, pool, gym, tennis courts an Inn and two restaurants, plus a game room and antique bowling alley and more. There are also 5 different beaches that are for the exclusive use of the residents. The original developer also carved out waterfront and water view private home lots. Lot 7 is the last available lot on Diamond Cove. This water view lot has an impressive western exposure featuring amazing sunsets overlooking Casco Bay looking across to the Foreside and Portland. With a nice open and level building window, this a great opportunity to build your summer or year-round dream home. Diamond Cove is incredibly private and only allows golf carts (no cars or trucks allowed for owners/guests) which makes for a safe and peaceful haven for children and adults alike. A quick 20-minute water taxi or slightly longer ferry ride will you bring to the vibrant dining and shopping hub of Portland's Old Port.

119 W Shore Dr, Portland

Listing courtesy of Legacy Properties Sotheby's International Realty.

$475,000
Opportunity awaits at 20 Fox Street. Buildable lot in the R6 zone on Portland's peninsula. Zoning will allow anything from your single family dream home, or 4 units up to a 45' height. Views of sunsets over back cove await, don't hesitate, land doesn't come along in like this in Portland!

20 Fox St, Portland

Listing courtesy of Signature Homes Real Estate Group, LLC.

$195,000
Expansive, Sun-Filled Lot in Portland's Desirable Capisic/Rosemont Neighborhood A rare opportunity to build in one of Portland's most sought-after and convenient neighborhoods. This elevated and open lot offers approximately 40' of frontage and measures roughly 40' x ~163', totaling an impressive 6,520sf or 0.149 acres. Note - seller is willing to sell a larger portion - see listing for 13,200sf (.3 acres) for $345,000. The options in this coveted RN1 zone are as abundant as the sunlight -- perfect for a spacious single-family home, a single-family with ADU(s), or multiple units. The city's new Cottage Court use would allow for up to 12 smaller homes and might be the ideal path for a developer. Tucked into a quiet, residential setting, the lot is remarkably private. To the west, a historic single-family home; to the east, the landmark chapel of the former convent, now the Frances Wade House. The rear quarter of the property is wooded, wild, and wonderful natural backdrop. Whether you're envisioning a family compound, a multi-unit or condo development, or several single-family homes with potential for additional ADUs, this property can accommodate it all. You could even leverage the southern exposure to build an off-grid, net-zero energy home. Opportunities like this are few and far between -- bring your imagination and seize this chance before it's gone

63 Capisic St Unit B, Portland

Listing courtesy of Benchmark Real Estate.

$275,000
Discover a rare opportunity to build in one of Portland's most serene settings. Tucked down a quiet road, this .31-acre lot offers a peaceful retreat while remaining just minutes from the city's vibrant downtown. Hillcrest Avenue backs directly onto the Fore River Sanctuary, an 85-acre preserve with miles of scenic hiking and biking trails, including Portland's iconic Jewell Falls. Enjoy the unique combination of natural beauty and urban convenience close to the West End, Thompson's Point, restaurants, and cultural amenities, yet with trail access and wildlife right outside your door. A perfect canvas for your vision of a custom home in a coveted Portland neighborhood.

Hillcrest Ave, Portland

Listing courtesy of Legacy Properties Sotheby's International Realty.

$595,000
DEVELOPMENT OPPORTUNITY: Entitled 8-Unit Site in Portland's Coveted West End -- 100% Inclusionary Zoning (IZ) Exempt. Avoid the multi-year planning hurdles. This premium corner parcel is sold fully de-risked and conceptually entitled, packaged with a formal Zoning Summary Memorandum (Perkins Thompson) validating a full 8-unit build, alongside an architectural massing study (Kaplan Thompson Architects). By staying under the city's 10-unit threshold, this project is entirely exempt from Portland's strict Inclusionary Zoning mandates, affordable housing quotas, and fee-in-lieu penalties. Unmatched natural topography unlocks spectacular, unobstructed inner harbor and active boatyard views that begin directly from the ground-level grass and expand into a panoramic sweep from the upper floors and potential 45-foot rooftop deck. The site sits entirely outside the Historic Overlay District, and the natural downhill slope perfectly accommodates street-level, tucked-under parking to drastically minimize excavation costs.

7 Orange St, Portland

Listing courtesy of Vitalius Real Estate Group, LLC.

$169,000
Welcome to an incredible opportunity to own land in one of Portland's most desirable neighborhoods. This level and open parcel offers a rare chance to build a custom home, investment property, or even explore multi-unit potential with the new density zoning—right in the heart of the city. The town has confirmed you can build at least a duplex on the lot. Located on a quiet, dead-end street just off outer Forest Avenue, this lot provides a peaceful residential setting while remaining close to local shops, schools, restaurants, and easy access to I-295 and downtown Portland. Whether you're a builder, investor, or future homeowner, 1 Coolidge Avenue is a blank canvas with endless potential. Don't miss your chance to shape your vision!

1 Coolidge Ave, Portland

Listing courtesy of Keller Williams Realty.

$995,000
Highest and best use is a townhouse condominium development up to nine dwelling units per LD 1829 and recently passed LD 2173. Planning board approval is not required for up to four dwelling units per structure. With 258'+/- spanning the rear property line, seven units, each 32' wide, would fit well. There is considerable depth for larger footprints and ample onsite parking. The short private road of 400' +/- and proximity to public water, sewer and natural gas on Congress Street and Portland Trails are appealing. It's a unique, small development opportunity in a secluded and largely rural area of Stroudwater. Portland's Inclusionary Zoning rules don't apply since it's under ten dwelling units. This project requires approval.

1905 Congress St, Portland

Listing courtesy of EXP Realty.

$325,000
Beautiful lot abutting conservation land! The view from this bluff is extraordinary and overlooks the bay and Cushing Island. Come build your dream home on Peaks Island!

111 Spruce Ave, Portland

Listing courtesy of Landing Real Estate.

$129,000
Building lot on Great Diamond Island offering a quiet, private setting. Enjoy the natural beauty of Casco Bay with nearby shoreline access, all just a short ferry ride from Portland. Water and electricity are available at the street, and a valid septic design is included. Association building and beach access. A rare opportunity to build in one of Maine's most desirable island communities.

184 Sunset Ave, Portland

Listing courtesy of Century 21 North East.

$550,000
Waterfront views with immediate access to I 295 and downtown Portland while located within walking distance to several restaurants, retailers, and waterfront attractions Zoning supports multifamily development with potential for meaningful density and a modern unit mix Capitalize on Portland's strong multifamily fundamentals with sustained renter demand and limited supply In close proximity to major employment centers including but not limited to Maine Medical Center, downtown office users, and educational institutions Existing utilities available along the street, including public water, sewer, electric, & natural gas

146 York St, Portland

Listing courtesy of The Boulos Company.

Listing data is derived in whole or in part from the Maine IDX and 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.

This information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be intrested in purchasing.

Privacy Policy

Your privacy on the Internet is important to us. This Privacy Statement is to inform you that we will not provide your personal information to any third parties except as required by law or expressly authorized by you. We do not sell, trade, barter, or share information obtained from use of this site with any other businesses or people. All information gathered from a visitor to this web site is used solely by this office and/or its affiliated licensee(s). For additional information, please contact this office.