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  • $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

    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

    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#: 1624586MLS Logo

    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
    Services availability