Listed by Hillary Barrett • Carey Giampa, LLC/Rye (Cell: 603-918-0761).
For sale
$650,000
Est. $4,431/mo —
3
bd
•
2 ba
•
1,450
sq ft
17 Elizabeth St, Portland, ME 04108-1168
About this home
AMAZING NEW PRICE! INCREDIBLE VALUE on Peaks Island -- a thoughtfully updated and lovingly maintained 3-bedroom, 2-bath coastal retreat just a scenic 17-minute ferry ride from downtown Portland, Maine. Located only a 6-minute walk or quick golf cart ride from the ferry landing to the house, this property offers the perfect blend of peaceful island living and convenient access to Portland's award-winning restaurants, shopping, galleries, and waterfront nightlife. Bring your car on the ferry or embrace the walkable island lifestyle. Filled with charm and character, the home features hardwood floors, abundant natural light, seaglass-inspired interiors, a stunning stained glass window, and a one-of-a-kind staircase crafted with repurposed piano legs. Thoughtful updates include new appliances, fresh landscaping, and interior and exterior painting, creating a move-in ready home with timeless coastal appeal. Enjoy coffee on the inviting front porch and unwind after beach days on the private back porch overlooking a unique backyard oasis. The oversized shed offers endless possibilities as an art studio, bunk house, workshop, gardening space, or storage for beach and boating gear. Just a short walk to Centennial Beach, this home is perfectly positioned to enjoy boating, fishing, kayaking, sailing, pickleball, tennis, scenic bike rides, golf cart cruising, and beautiful coastal walks. Rich in history and known for its vibrant yet relaxed community, Peaks Island offers modern conveniences including a grocery store, restaurants, post office, elementary school, and local shops -- all surrounded by the beauty of Casco Bay. Whether you are searching for a year-round residence, summer getaway, or investment opportunity, 17 Elizabeth captures the magic of Maine island living. Get in before summer ends and discover why so many people return to Peaks Island YEAR AFTER YEAR. Also available as a winter rental !
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
Offer insights
17 Elizabeth St · $650,000
$650K and above
75% chance or better to win
Why $650K+ is a strong offer
DAYS ON MARKET
141 days
The average home goes pending in 39 days.
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Six total rooms
Dirt floor, unfinished basement
Walk-up basement access
Bathrooms
Two full bathrooms
Kitchen
Dishwasher
Refrigerator
Electric stove
Flooring
Carpet
Tile
Wood
Heating & cooling
Forced air heat
Exterior features
Landscaped lot
Level terrain
Near shopping
Paved public road frontage
Directions: Ferry to Peaks Island, then GPS
Home design
New Englander style
Existing property
Faces: not specified
Parking
Driveway (other)
Construction
Wood frame construction
Shingle (asphalt) roof
Built in 1920
Utilities
Public water
Public sewer
Circuit breaker electrical service
Cable available
Fixed wireless internet
Electricity and solar
View estimated energy costs and solar savings for this home
HUGE PRICE IMPROVEMENT--DON'T MISS THIS PEAKS ISLAND OPPORTUNITY! Welcome to 17 Elizabeth Road, a thoughtfully updated and lovingly maintained 3-bedroom, 2-bath coastal retreat just a scenic 17-minute ferry ride from downtown Portland. Only a six-minute walk or quick golf-cart ride from the ferry landing, this home offers peaceful island living with easy access to Portland's acclaimed restaurants, shops, galleries, and waterfront. Filled with character, the home features hardwood floors, abundant natural light, sea-glass-inspired interiors, a beautiful stained-glass window, and a one-of-a-kind staircase crafted with repurposed piano legs. Recent improvements include new appliances, fresh landscaping, and interior and exterior paint, making the property move-in ready. Enjoy morning coffee on the welcoming front porch, then unwind after the beach on the private back porch overlooking a charming backyard oasis. The oversized shed offers endless possibilities as an art studio, bunkhouse, workshop, gardening space, or storage for kayaks, bikes, and beach gear. Centennial Beach is just a short walk away, with boating, fishing, kayaking, sailing, pickleball, tennis, cycling, golf-cart cruising, and coastal walks all close at hand. Peaks Island also offers a grocery store, restaurants, shops, a post office, and an elementary school. Whether you're seeking a year-round home, summer getaway, or investment property, 17 Elizabeth Road delivers exceptional character, versatility, and value. Make your move before summer ends and enjoy the magic of Maine island living for generations to come!
PrimeMLS #5088979
Sep 2, 2026
Price Changed
$650,000
$448/sq ft
Aug 8, 2026
Price Changed
$680,000
$469/sq ft
Jun 4, 2026
Relisted
—
May 26, 2026
Contingent
—
May 16, 2026
Listed
$700,000
$483/sq ft
May 14, 2026
Coming Soon
$700,000
$483/sq ft
MREIS #1507475
Dec 23, 2021
Sold
$406,000
$280/sq ft
Oct 13, 2021
Price Changed
$524,900
$362/sq ft
Sep 2, 2021
Listed
$549,900
$379/sq ft
+41
Rare opportunity to purchase this adorable 1920's home perfectly sited just 6 minutes walk from the ferry. Upon entering the home you are welcomed with sea-glass inspired walls, coffered ceilings, hardwood floors and a beautiful staircase with piano leg posts. This adorable 3 bedroom home is a true treasure on Peaks Island, walkable to all modern conveniences, including stores, shopping, and coastal restaurants, yet sited on a quiet side street just off of the coast. Whether you are looking for your forever or vacation home, 17 Elizabeth is a special place. Curl up by the wood stove, cool off on the back deck or soak in the hot tub after a day exploring the hidden gems of the island. Only a 17-minute ferry into Portland. Recent renovations include a new furnace, refinished floors, and fresh paint. Easily convert family room back into a 4th bedroom. Opportunities abound at this pleasant and well-loved home. Start building memories at Peaks Island! Agent is related to Seller. Masks required. Room dimensions/square footage to be verified by Buyers/Buyer Agents.
MREIS #1410907
Jun 21, 2019
Sold
$377,000
$260/sq ft
Apr 19, 2019
Listed
$389,900
$269/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$6,415 (+4.2%)
$170,800 + $256,600
$427,400
2023
$6,159 (+5.9%)
$170,800 + $256,600
$427,400
2022
$5,817 (+4.8%)
$170,800 + $256,600
$427,400
2021
$5,552 (+3.6%)
$170,800 + $256,600
$427,400
2020
$5,357
$151,400 + $78,400
$229,800
2019
$5,357 (+3.7%)
$151,400 + $78,400
$229,800
2018
$5,166 (+3.8%)
$151,400 + $78,400
$229,800
2017
$4,975 (+2.6%)
$151,400 + $78,400
$229,800
2016
$4,851 (+2.3%)
$151,400 + $78,400
$229,800
2015
$4,741 (+3.2%)
$151,400 + $78,400
$229,800
2014
$4,596
$151,400 + $78,400
$229,800
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
5,663 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,450
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,450
Year built
1920
Style
Single Family Residential
County
Cumberland County
APN
117277
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
IR-2
Island Zone
To provide for a residential neighborhood environment on Portland’s islands in areas with adequate public services. Expansion or extension of IR-2 zoning should be limited, generally focused toward areas adjacent toexisting IR-2 areas, and restricted by such factors as adequacy of access, whether adequate water will be available for private use and for fire protection, whether soils in the area are adequate for subsurface water disposal, or whether public sewers are available. Select nonresidential uses may also be permitted in the IR-2 zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Public service
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
4/10 Heat Factor
7 days above 86° expected this year, 19 days in 30 years
6/10 Wind Factor
72% 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 • 04108-1168
Average low and high temperatures (°F)
31
19
33
19
43
31
49
39
59
49
70
58
75
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
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 17 Elizabeth St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $545,950 and $786,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $546K to $786K.