For sale
$975,000
Est. $5,779/mo
Land
0.92
acre (lot)

109 Reed Ave, Portland, ME 04108

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About this home

Vacant landProperty Type
0.92 acresLot Size
$1,059,783Price/Acres
Listed by Erin Haber Town & Shore Real Estate
Listing updated:
Redfin checked: 3 minutes ago
Source:MREIS #1669026
58 days on Redfin598 views14 favorites

Payment calculator

$5,779 per month

Principal and interest$5,059
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($195,000)
Home price
$975,000
Loan details
30-yr fixed, 6.75%

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Around this home

Schools

Peaks Island School

Public PreK-5 • Assigned • 0.9mi

8/10
Deering High School

Public 9-12 • Assigned • 5.6mi

2/10
Provided by GreatSchools
About Peaks
Island

Provided by Walk Score and Local Logic

Property details

  • Exterior features
  • Level terrain
  • Right of way access
  • Wooded lot
  • Gravel road frontage
  • Waterfront on Casco Bay
  • Ocean/bay water view
  • Located on an island
  • Home design
  • Raw land
  • Zoned IR-1 with shoreland overlay
  • Parking
  • No driveway on site
  • On-site parking available
  • Construction
  • Surveyed lot
  • Utilities
  • Electric service available on site
  • Public water available seasonally
  • Septic required; soil test available

Sale and tax history for 109 Reed Ave

Public record

Beds
1
Baths
1
Stories
1
Lot width
Lot depth
Lot size
0.92 Acres
Year renovated
Finished Sq. Ft.
515
Unfinished Sq. Ft.
Total Sq. Ft.
515
Year built
1900
Style
Single Family Residential
County
Cumberland County
APN
117652
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Jul 27, 2026.

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

4/10 Heat Factor

7 days above 86° expected this year, 18 days in 30 years

8/10 Wind Factor

80% 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 • 04108
Average low and high temperatures (°F)
31
19
33
19
43
31
49
39
59
49
70
58
74
63
73
61
68
56
59
46
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.1 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 109 Reed Ave

$943,071
$32K under list price of $975K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $630K to $890K.

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GreatSchools Ratings provided by GreatSchools.org.