OFF MARKET

Off market dec 2016 for $754K

$1,328,536

•

1,940

sq ft

140 Reed Ave, Portland, ME 04108

About this home

Delightful Peaks Island year round cottage with gorgeous wrap-around porch overlooking rolling surf, fishing boats and neighboring islands. Enjoy spectacular views from every room of this comfortable, sun-washed 1900 sf home. 3BR, 2 baths, LR, Kitchen, DR and spacious Family/Guest/Rec Room. Unique location will appeal to those seeking an idyllic island retreat with easy access to beaches and a charming island village. A short ferry ride to Portland's vibrant Old Port.

Single-familyProperty Type

1998Year Built

10,454 sq ftLot Size

$685Est. Price/Sq.Ft.

1 spaceParking

Listed by Susan Lessard • Town & Shore Real Estate

Bought with Rhonda Berg • Harborview Properties, Inc.

Redfin checked: a few seconds ago

•Source:MREIS #1248861

Redfin Estimate

$1,328,536

$575K since sold in December 2016$77K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.4% higher than the average sale price ($1.13M) of 6 comparable homes.

SOLD AUG 25, 2026
$1,350,000
A
3 beds2 baths2,117 sq ft
12 Avon Rd, Falmouth, ME 04105
SOLD JUL 6, 2026
$890,000
B
3 beds2 baths1,845 sq ft
3 Whitney Rd, Falmouth, ME 04105
SOLD AUG 18, 2026
$2,050,000
C
3 beds2 baths2,218 sq ft
10 Bay Shore Dr, Falmouth, ME 04105
SOLD SEP 25, 2026
$757,500
D
4 beds2 baths1,792 sq ft
87 Sawyer St, South Portland, ME 04106
SOLD DEC 10, 2025
$795,000
E
3 beds2 baths2,108 sq ft
95 Herman Ave, Portland, ME 04108
SOLD AUG 28, 2026
$950,000
F
3 beds2 baths1,683 sq ft
59 Ocean View Rd, Cape Elizabeth, ME 04107

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$774,193

Est. take-home

List your home with Redfin and save $13,285

Rent

$2,586/mo

Redfin rental estimate

List your home for rent

Market trends in 04108, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.0%

+0.0% MoM

Median sale price

$723K

$63K MoM

Avg. days on market

55d

12 days MoM

Recently sold homes

1 MoM

New listings for sale

$695,000
2 beds1 bath1,740 sq ft
68 Evergreen Lndg, Portland, ME 04108
See all

Provided by Redfin

Sale history for 140 Reed Ave

Tax history for 140 Reed Ave

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.25 Acres

Year renovated

—

Sq. Ft.

1,400

Year built

1998

Style

Single Family Residential

County

Cumberland County

APN

117663

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

IR-1

SHORELAND OVERLAY

Island Zone

To provide for low-intensity residential, recreational, and rural uses in the less developed areas of the islands in order to preserve the rustic character of the islands, to protect groundwater resources and natural and scenic areas, and to permit only appropriate low-intensity development in areas lacking adequate public facilities and services. Select nonresidential uses may also be permitted in the IR-1 zone.

Zone overlays

Shoreland Overlay Zone

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Housing-Multiple units
Public service
Park & open space

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Gravel

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Family Room
Level: First

Room 2 Information
Type: Other Room
Level: Basement
Features: Workshop

Room 3 Information
Type: Laundry
Level: Second

Room 4 Information
Type: Dining Room
Level: Second

Room 5 Information
Type: Living Room
Level: Second
Features: Built-Ins

Room 6 Information
Type: Primary Bedroom
Level: Second
Features: Closet

Room 7 Information
Type: Kitchen
Level: Second
Features: Eat-In Kitchen, Kitchen Island

Room 8 Information
Type: Other Room 9
Level: Basement

Room 9 Information
Type: Bedroom 2
Level: Upper

Room 10 Information
Type: Bedroom 1
Level: Upper

Basement Information
Basement Entry: Walk-Out Access, Crawl Space, Partial, Unfinished

Interior Features
# of Rooms: 8
Interior Features: Bathtub, Storage
Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
Accessibility Features: Accessible Approach With Ramp
Flooring: Wood, Tile, Carpet
Other Equipment: Internet Access Available

Laundry Information
Laundry Features: 1st Floor Laundry, Main Level

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter, Slab
Total Building Area (Sq. Ft.): 1,940
Building Area Source: Measured

Exterior Features
Patio & Porch Features: Porch

Property Information
Property Sub Type: Single Family Residence
Year Built: 1998
Above-Grade Finished Area (Sq. Ft.): 1,940

Lot Information
Lot Size (Sq. Ft.): $10,454.40
Lot Size (Acres): 0.24
Lot Size Source: Public Records
Lot Features: Open, Level, Abuts Conservation, Near Public Beach, Near Town
Road Surface Type: Gravel, Dirt
Zoning: IR1

Waterfront Information
Waterfront: Yes
Water Body Name: Atlantic
Water Body Type: Ocean
Water View: Yes

Financial

Tax Information
Annual Tax Amount: $8,094

Utilities

Utility Information
Has Heating
Heating: Zoned, Hot Water, Direct Vent Furnace, Baseboard
Has Cooling
Cooling: Wall/Window Unit(s)
Electric: Underground, Circuit Breakers
Sewer: Septic Tank, Private Sewer, Septic Design Available
Utilities: Utilities On
Utilities On: Yes
Water Source: Well, Private, Public, Seasonal
Water Heater: Electric

Location

HOA Information
Pets Allowed: No Restrictions

Location Information
Unparsed Address: 140 Reed Avenue, Portland, ME 04108
Directions: Peaks Island. From Welch St. turn left onto Island Ave, pass school to left on Pleasant Ave. Follow Pleasant to Trefethern, then right onto Seashore. Left onto Reed Ave. to #140. Second to last house on right.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,400
Stories: 2.0
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: —
County: Cumberland County
APN: 117663

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Peaks Island School

Public PreK-5 • Assigned • 1.0mi

8/10

Deering High School

Public 9-12 • Assigned • 5.6mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

3/10 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.4 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.26M – $1.53M

Reach more buyers when you sell with Redfin. Save up to $13,285 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

OPEN TODAY, 11AM TO 1PM

$400,000

2 beds1 bath1,086 sq ft

56 Sawyer St, South Portland, ME 04106

$899,500

5 beds2 baths2,778 sq ft

22 Cumberland Ave #3, Portland, ME 04101

VIDEO TOUR

$1,500,000

3 beds2.5 baths1,692 sq ft

40 Sunrise Ln, Portland, ME 04109

$599,000

3 beds2 baths1,761 sq ft

144 Sawyer St, South Portland, ME 04106

$1,080,000

3 beds2 baths1,720 sq ft

364 Island Ave, Portland, ME 04108

$879,999

2 beds1 bath716 sq ft

494 Island Ave, Portland, ME 04108

New listings for sale in 04108

$695,000

2 beds1 bath1,740 sq ft

68 Evergreen Lndg, Portland, ME 04108

Home values near 140 Reed Ave

Data from public records.

Address	Redfin Estimate
113 Reed Ave, Portland, ME 4 Beds \| 3 Baths \| 2516 Sq. Ft.	$1,918,691
128 Reed Ave, Portland, ME 3 Beds \| 2 Baths \| 1228 Sq. Ft.	$727,230

Address	Redfin Estimate
144 Reed Ave, Portland, ME 3 Beds \| 2.5 Baths \| 2936 Sq. Ft.	$1,501,869
136 Reed Ave, Portland, ME 2 Beds \| 1.5 Baths \| 1249 Sq. Ft.	$729,692

Address	Redfin Estimate
134 Reed Ave, Portland, ME 4 Beds \| 1.5 Baths \| 1650 Sq. Ft.	$802,958
128 Reed Ave, Peaks Island, ME 3 Beds \| 2 Baths \| 1228 Sq. Ft.	$995,147

Property information provided by MREIS when last listed in 2016. This data may not match . Learn more.

More real estate resources

Neighborhoods
Zip Codes
Minor Civil Divisions
Cities
Popular Searches

Peaks Island homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

04105 homes for sale
04106 homes for sale
04107 homes for sale
04074 homes for sale
04101 homes for sale

Wells homes for sale
Cumberland homes for sale
Buxton homes for sale
Harpswell homes for sale
Arundel homes for sale

Houses for rent in Portland	Agents near me	Cape Elizabeth, ME homes for sale	Portland Housing Market
Houses for sale near me	Portland, ME homes for sale	Bangor, ME homes for sale
Land for sale near me	Scarborough, ME homes for sale	Kittery, ME homes for sale
Open Houses near me	South Portland, ME homes for sale	Portland Property Records
Condos for sale near me	Falmouth, ME homes for sale	ME New Listings

Falmouth homes for sale
Scarborough homes for sale
Cape Elizabeth homes for sale