LIVE ELEVATED AT 246 EASTERN PROMENADE Only 6 Residences Remain. Completion Spring 2027. Perched above Casco Bay on the grassy sweep of the Eastern Promenade, this collection of just 13 architecturally striking condominiums marks the first residential development on this iconic stretch of Portland's East End in over 50 years. Each residence is thoughtfully designed for those who appreciate timeless elegance, elevated craftsmanship, and a genuine connection to place. This 2,514 sq ft main-level residence offers effortless, single-floor living with direct entrance into the building and a private patio that opens onto the Promenade's network of paths - perfect for leashed dog walks, morning coffee, or unwinding after work. Inside, an open-concept living area centers on a fireplace and wet bar, ideal for quiet nights in or entertaining guests. Two ensuite bedrooms provide privacy and flexibility, while a versatile den/third bedroom adapts easily to a home office, guest room, or media space. Floor-to-ceiling windows and 9-10 ft ceilings fill the home with natural light and views toward Casco Bay. Custom-built kitchen and bath cabinetry by Pond Cove Millworks, and with construction still underway, there's still time to personalize select finishes. Nichiha architectural fiber cement siding, energy-efficient Pella windows, and top-tier HVAC systems ensure comfort year -round, complemented by garage parking, a private climate-controlled storage room, dedicated bike storage, a mail room, and elevator access throughout the building. Steps from the East End beach, the Eastern Trail, the Portland Observatory, Allen Park Gazebo and just a short stroll to the restaurants, cafés, galleries, and the energy of the Old Port. 246 Eastern Promenade offers a rare blend of coastal serenity and vibrant city living. Hard hat tours are now available. Reach out today for floor plans, detailed specs, and to schedule your visit.
CondoProperty Type
2026Year Built
0.64 acresLot Size
$1,171Price/Sq.Ft.
1 garage spacesParking
Listed by Karen Thompson-McMann• The Flaherty Group
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
246 Eastern Promenade #101 · $2,943,000
$2.96M and above
75% chance or better to win
Why $2.96M+ is a strong offer
DAYS ON MARKET
24 days
The average home goes pending in 50 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
First-floor primary bedroom with private bath
Bathtub
Elevator (passenger)
Pantry
Shower
Storage
Walk-in closet(s)
Generator
Has fireplace (gas)
Bedrooms
Primary bedroom on the first floor with double vanity, soaking tub, separate shower, suite layout, and walk-in closet
Bedroom 2 on the first floor with suite, closet, and separate shower
Bedroom 3 on the first floor with closet
Bathrooms
Two full bathrooms
One half bathroom
Kitchen
Dishwasher
Disposal
Microwave
Electric range
Refrigerator
Pantry
Laundry & utility
Main-level laundry
Utility sink
Flooring
Tile
Wood
Heating & cooling
Heat pump
Radiant heating
Has heating and cooling
Exterior features
Patio
Near public beach
Near turnpike/interstate
Near town
Neighborhood setting
Sidewalks
Near public transit
Paved road
Home design
Condominium (new construction)
New construction completed 2026
Water view (Casco Bay, bay/ocean)
Parking
Attached garage (1 car) with auto door opener
Heated, underground garage with inside entrance
On-site paved parking; common spaces (1–4 spaces)
Security
Fire system
Security system
Construction
Steel frame, wood frame, and fiber cement construction
Flat roof
Builder-provided building area (2,514 total / above-grade finished 2,514)
Utilities
Public water
Public sewer
Electric with circuit breakers
Electric water heater
HOA & community
Community of 13 units
Homeowners association in place; fees collected monthly
Pets allowed (up to 2 pets) with breed and other restrictions
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 246 Eastern Promenade #101
Sale History
Tax History
Date
Event
Price
MREIS #1677564
Aug 24, 2026
Listed
$2,943,000
$1,171/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Cumberland County
APN
PTLD-000014-I000012-000001
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 24, 2026.
R6
Residential
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
4/10 Heat Factor
7 days above 87° expected this year, 18 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
79
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
87/ 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.
10 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 246 Eastern Promenade #101
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $550,000 and $1,310,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $1.3M.