Carefree enjoyment on southern Maine's most popular island! Authentic Maine cottage design meets refined elegance in this gorgeous Peaks Island summer home. Built in 2019 by a highly regarded craftsman, this stunning 3 Bedroom, 2 Bath home is a beautifully furnished* coastal retreat. With its vaulted ceilings, painted white framing, welcoming front porch, and quality materials, the cottage is spacious and inviting. Designed with impressive attention to detail, the interior makes good use of every inch. From the 1st floor BR, to the built-in bunk beds, to sitting areas, to the cook's kitchen, the cottage features amenities not commonly found in seasonal homes. The interior is a cheerful place to read, unwind, gather, cook, or puzzle/play games. Beauty flows outdoors where a level, sunny, oversized yard awaits. The grassy lot holds possibilities as does the garage (studio/playhouse/workshop). Perfect place for barbecues, badminton and entertainment. Low-maintenance landscaping compliments the island getaway experience. Perched above the road, the location is close to beaches and the famed TEIA club (social events, sailing, tennis, enrichment). The cottage is less than a mile to the bustling village/ferry landing. The 3.9 mile island loop offers daily adventure on foot or bicycle! A pleasant 15-minute ferry ride will transport you to the vibrant City of Portland where you'll enjoy world-class cuisine, nightlife, arts & entertainment, and shopping. Property is served by public water & sewer and has off-street parking. *some exclusions apply
Closed
$920,000
397 Island Avenue, Portland, ME 04108
3beds
1,755sqft
Single Family Residence
Built in 2019
0.45 Acres Lot
$921,500 Zestimate®
$524/sqft
$3,503 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 01:51pm
Listed by:
Portside Real Estate Group
Bought with:
Non MREIS Agency
Source: Maine Listings,MLS#: 1624586

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Features: Vaulted Ceiling(s), Closet
- Level: First
Bedroom 2
- Features: Closet
- Level: Second
Bedroom 3
- Features: Built-in Features
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- None
Cooling
- None
Appliances
- Included: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
- Laundry: Laundry - 1st Floor, Main Level
Features
- 1st Floor Bedroom, Shower
- Flooring: Wood
- Basement: None
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,755
- Total interior livable area: 1,755 sqft
- Finished area above ground: 1,755
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Gravel, On Site, Off Street
- Has garage: Yes
Features
- Patio & porch: Porch
- Has view: Yes
- View description: Scenic
Lot
- Size: 0.45 Acres
- Features: Level, Near Public Beach
Details
- Parcel number: PTLDM090BO008001
- Zoning: IR-2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Year built: 2019
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public, Seasonal
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Road surface type: Gravel, Paved