Developers Take Notice! This oversized lot is approved for development of 7 condo units. Stunning views overlooking the ocean and located in the highly-desirable Munjoy Hill neighborhood on a quiet street. This lot is just waiting for the right developer to bring their vision and be part of the booming development of Portland Maine!
East End, located between Munjoy Hill and the Old Port, is a residential and waterfront Portland neighborhood with brick rowhouses and harbor-view parks. The neighborhood’s character concentrates around Congress Street near the Eastern Promenade, where corner markets, coffee counters, and small galleries set a steady, walkable rhythm. The Eastern Promenade and Eastern Promenade Trail frame daily routines with Casco Bay breezes and long views. Portland Food Co-op anchors pantry runs with a community-minded feel. The Portland Observatory adds a maritime landmark above the rooftops. Tree-lined blocks mix historic homes with updated apartments, and the shoreline keeps the pace tied to the water.
Provided by Walk Score and Local Logic
Offer insights
104 Monument St · $2,000,000
$1.97M and above
75% chance or better to win
Why $1.97M+ is a strong offer
DAYS ON MARKET
194 days
The average home goes pending in 50 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Wood and vinyl flooring
Full unfinished walk-out basement with brick/mortar walls and bulkhead
Bedrooms
Three 3-bedroom units (one on first level, one on second level, one on third level)
Bathrooms
Three full bathrooms (one in each unit)
Kitchen
Each unit includes a refrigerator
Laundry & utility
Washer hookup
Each unit has dedicated electric and gas meters; two units have dedicated water heaters
Flooring
Wood flooring
Vinyl flooring
Heating & cooling
Steam heating
Circuit breaker electrical service
Exterior features
Porch
Fenced yard
Shed(s)
Near public beach, shopping, turnpike/interstate; sidewalks; neighborhood, suburban setting
Ocean water view
Home design
Multi-level building
Built in 1854
Flat roof
Shingle siding with wood frame construction
Brick/mortar foundation
Parking
Paved parking for 5–10 vehicles
Construction
Shingle siding
Wood frame construction
Brick/mortar foundation
Flat roof
Year built 1854
Utilities
Public water
Public sewer
Gas water heater
Utilities on
HOA & community
No pet restrictions
Financial info
Three-unit multifamily property (income potential from three 3-bedroom units)
Electricity and solar
View estimated energy costs and solar savings for this home
To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Lodging & hospitality-Other
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 87° expected this year, 19 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04101
Average low and high temperatures (°F)
31
18
33
18
44
30
52
39
63
49
74
58
80
64
77
60
71
56
61
46
50
36
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 104 Monument St
$1,794,795
$205K under list price of $2.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.0M to $1.6M.