Closed

$700,000

48 Ridge Road #3, Portland, ME 04103

3beds

2,543sqft

Condominium

Built in 2004

-- sqft lot

$715,400 Zestimate^®

$275/sqft

$3,953 Estimated rent

Home value

$715,400

$658,000 - $773,000

$3,953/mo

Zestimate^® history

Owner options

List your home for rent

$3,953/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,953/mo

Rent Zestimate^®

Refinance and save

$4,091/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,091/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Experience elevated coastal living at Ocean Ridge in this fully upgraded, turnkey townhome with panoramic views of Casco Bay and the coastline from nearly every room. The open-concept main level is flooded with natural light through expansive windows and features a brand-new kitchen with modern finishes and premium appliances. Upstairs, the top-floor primary suite offers a serene retreat with a sunrise-facing sitting area, a luxurious, fully remodeled bathroom and California closets. The walk-out lower level is equally impressive, boasting extensive custom built-in cabinetry, a full bathroom, and a Murphy bed—ideal for guests or flexible living. Efficient heat pumps provide year-round heating and cooling. With every upgrade thoughtfully executed and just minutes from Portland's vibrant dining, shopping, and outdoor recreation, this home offers the perfect blend of comfort, style, and low-maintenance living.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Primary bedroom

Features: Closet, Full Bath, Vaulted Ceiling(s), Walk-In Closet(s)
Level: Upper

Bedroom 1

Features: Closet
Level: Second

Bedroom 2

Features: Closet
Level: Second

Dining room

Features: Dining Area
Level: First

Family room

Level: Basement

Kitchen

Level: First

Living room

Features: Gas Fireplace
Level: First

Heating

Forced Air, Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

Bathtub, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
Flooring: Carpet, Tile, Wood
Doors: Storm Door(s)
Windows: Double Pane Windows, Low Emissivity Windows
Basement: Interior Entry,Daylight,Finished,Full
Number of fireplaces: 1

Interior area

Total structure area: 2,543
Total interior livable area: 2,543 sqft
Finished area above ground: 1,943
Finished area below ground: 600

Property

Parking

Total spaces: 1
Parking features: Paved, 1 - 4 Spaces, On Site
Attached garage spaces: 1

Features

Patio & porch: Deck, Patio
Has view: Yes
View description: Scenic
Body of water: Casco Bay

Lot

Features: Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Railroad, Level, Open Lot, Rolling Slope, Landscaped

Details

Zoning: Condo

Construction

Type & style

Home type: Condo
Architectural style: Contemporary
Property subtype: Condominium

Materials

Wood Frame, Composition
Roof: Shingle

Condition

Year built: 2004

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Green energy

Energy efficient items: Ceiling Fans, HVAC

Community & HOA

Community

Security: Fire Sprinkler System
Subdivision: Ocean Ridge Condominiums

HOA

Has HOA: Yes
HOA fee: $560 monthly

Location

Region: Portland

Financial & listing details

Price per square foot: $275/sqft
Annual tax amount: $6,526
Date on market: 4/21/2025
Road surface type: Paved

Price history

Date	Event	Price
8/15/2025	Sold	$700,000-3.4%$275/sqft
Source: Maine Listings #1619350 Report a problem
7/11/2025	Pending sale	$725,000$285/sqft
Source: Maine Listings #1619350 Report a problem
6/19/2025	Price change	$725,000-6.5%$285/sqft
Source: Maine Listings #1619350 Report a problem
5/16/2025	Price change	$775,000-6.1%$305/sqft
Source: Maine Listings #1619350 Report a problem
4/21/2025	Listed for sale	$825,000+117.1%$324/sqft
Source: Maine Listings #1619350 Report a problem
12/18/2015	Sold	$380,000-4.8%$149/sqft
Source: Maine Listings #1233345 Report a problem
9/5/2015	Price change	$399,000-2.7%$157/sqft
Source: Benchmark Residential & Investment Real Estate #1233345 Report a problem
8/18/2015	Listed for sale	$409,900+19.5%$161/sqft
Source: Benchmark Residential & Investment Real Estate #1233345 Report a problem
9/23/2011	Sold	$342,900$135/sqft
Source: Maine Listings #1009090 Report a problem