Buffered by natural beauty and protected land, this remarkable seaside property delights the senses at every turn. The sparkle of the tide, rustle of foliage, salty sea breezes, birdsong, and spectacular sunrises & sunsets create an atmosphere of uncommon tranquility. Set on a generous, sun-drenched lawn just steps from the shore, this 3 BR, 2 BA home blends coastal elegance with timeless cottage architecture. Meticulously maintained, the year-round residence reflects pride of ownership. Water views and natural light grace nearly every room, while quality craftsmanship and tasteful design create spaces that are both beautiful and functional. At the heart of the home, the bright and inviting kitchen encourages effortless gathering. Open to the living and dining areas, it features custom-crafted pantry and buffet cabinetry beneath a vaulted ceiling. A woodstove adds warmth and ambiance on cooler days, while oversized glass sliders frame the picturesque landscape and seamlessly connect the interior to the outdoors. Designed for entertaining and everyday enjoyment alike, the expansive, partially covered deck overlooks the water and extends the living space. Stone patios create inviting destinations for outdoor dining and evening fires by the sea. Whether hosting family & friends or enjoying a quiet moment alone, the setting is simply unforgettable. The primary BR offers a walk-in closet and private balcony w/ outdoor shower overlooking the shoreline. Additional amenities include a 1st flr BR with nearby full BA, a cozy study/artist's nook, 2nd-flr laundry, mud rm. The exterior features high-quality, low-maintenance materials, delightful landscaping, raised garden beds, a charming children's play area complete with sandpit & secret path, and a newly constructed deluxe shed. Enhanced by countless details that elevate it from ordinary to exceptional, this private coastal retreat offers the best of island living. Enjoy easy access to village shops and ferry landing.
Single-familyProperty Type
1906Year Built
0.37 acresLot Size
$868Price/Sq.Ft.
1 spaceParking
Listed by Susan Lessard• Portside Real Estate Group
Peaks Island, located between Casco Bay and Portland Harbor, is a coastal and village-like Portland neighborhood with a working waterfront and wooded lanes. The island’s character concentrates around the Peaks Island Ferry Landing and the stretch of Island Avenue lined with porch-front cottages, bike rentals, and small cafes. Community pillars include the Fifth Maine Regiment Museum, the Peaks Island House, and the Inn on Peaks Island. Narrow roads loop past rocky coves, pocket beaches, and weathered docks, with golf carts and bicycles setting the pace. Architecture leans toward shingled cottages and classic New England summer homes, with salt-air patina and tidy gardens. Trails and shoreline paths frame daily routines around ferry schedules and long water views.
Provided by Walk Score and Local Logic
Market insights
17 3rd St · $1,495,000
DAYS ON MARKET
71 days
The average home goes pending in 25 days.
SALE-TO-LIST
101.1%
Most homes are selling 1% above list price.
LIST PRICE
$1,495,000
Median sale price in this area is $623,278. (58% lower than this home)
PRICE DROP
1 price drop
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Pantry
Shower
Storage
Walk-in closet(s)
Double-pane windows
Unfurnished
Bedrooms
First-floor bedroom
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Microwave
Refrigerator
Laundry & utility
Washer
Dryer
Laundry on upper level
Flooring
Tile
Wood
Bamboo
Heating & cooling
Baseboard heating
Hot water heating
Wood stove
Circuit breaker electrical service
Exterior features
Deck
Patio
Porch
Shed(s)
Irrigation system
Near public beach
Near shopping
Level terrain
Gravel and paved road access
Bay and ocean views (Casco Bay, Atlantic Ocean)
Home design
Single family residence
Built in 1906
Water view
Parking
On-site parking
Off-street parking
1–4 parking spaces
Construction
Wood frame construction
Composition roofing
Shingle roof
Fiber cement, shingle siding, and vinyl siding
Pillar/post/pier foundation
Utilities
Public water
Public sewer
Water heater tied to heating system
HOA & community
Pets allowed with no restrictions
Electricity and solar
View estimated energy costs and solar savings for this home
To preserve and protect open space as a limited and valuable resource, and to further the City of Portland’s goals related to climate adaptation and resiliency. The OS-P zone prioritizes preservation and protection of Portland’s critical conservation and natural resource areas. Very limited development may be allowed for sustainable energy generation, passive recreation and educational purposes, but must be compatible with and cause little impact to these areas.
Zone overlays
Shoreland Overlay Zone
Permitted uses
Include but are not limited to:
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Manufacturing
Hotel / motel
Mixed use
Office
Dec 20, 2025 • Final
Residential alterations (1 and 2 family)
Remodel
Nov 7, 2025 • Final
Residential additions (1 and 2 family)
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
6/10 Wind Factor
75% 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
60
68
56
59
46
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 17 3rd St
$1,422,632
$72K under list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $660K to $1.5M.