Pending

$2,219,000

Est. $13,165/mo —

•

2,076

sq ft

246 Eastern Promenade #102, Portland, ME 04101

About this home

ONLY 8 UNITS REMAIN! Groundbreaking has begun. Construction beginning this month, March 2025. 246 Eastern Promenade - a rare and exclusive 13-unit luxury condominium building, the first new development in this iconic location in over 50 years. With a sleek, modern design that embraces the future, each unit offers views of Casco Bay, framed by expansive windows and spacious outdoor decks. Designed for the discerning buyer, every detail is meticulously crafted. Custom-designed interiors feature generous allowances for luxurious, high-end finishes. The residences boast soaring 9- to 10-foot ceilings and an abundance of natural light, creating an airy, open atmosphere. Smart home features are seamlessly integrated, allowing you to control everything with ease. Energy-efficient Pella windows and state-of-the-art HVAC systems ensure year-round comfort. The low-maintenance exterior is designed for effortless living, with garage parking, bike storage and private, climate-controlled storage units adding to the convenience. Step outside to enjoy a vibrant lifestyle—walk to award-winning restaurants, charming coffee shops, and Portland's historic Old Port. The shoreline trail, tennis and pickleball courts, and kayak and boat launches are all just steps away, making this the ideal home for those with an active lifestyle. Embrace the best of Portland right at your doorstep. Units are available, with prices starting at 1.8 million. If you're seeking an unparalleled living experience where modern luxury meets Portland's artistic and cultural energy, 246 Eastern Promenade is your destination. Set for completion in Fall 2026.

CondoProperty Type

2025Year Built

0.64 acresLot Size

$1,069Price/Sq.Ft.

1 garage spacesParking

Listed by Karen Thompson-McMann • The Flaherty Group

Listed by Marie Flaherty • The Flaherty Group

Listing updated: Aug 19, 2026 at 06:56pm

Redfin checked: a minute ago

•Source:MREIS #1616106

Payment calculator

$13,165 per month

Principal and interest$12,110

Property taxes

$833

HOA dues

Home insurance

$222

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TUE, 12PM TO 1PM
$749,000
6 beds2 baths3,210 sq ft
35 Clinton St, Portland, ME 04103
OPEN TUE, 5PM TO 6:30PM
$549,000
3 beds2 baths1,805 sq ft
26 Motley St, Portland, ME 04102
OPEN WED, 4PM TO 5:30PM
$439,999
3 beds2 baths1,416 sq ft
6 Stephanie Dr, Gorham, ME 04038
OPEN WED, 4:30PM TO 6PM
$500,000
3 beds2 baths1,470 sq ft
4 Captain Thomas Dr, Windham, ME 04062
OPEN THU, 12PM TO 1:30PM
$699,000
4 beds2 baths2,136 sq ft
1148-1150 Forest Ave, Portland, ME 04103
OPEN THU, 12PM TO 1PM3D WALKTHROUGH
$850,000
4 beds3 baths2,456 sq ft
70 Winter St, Portland, ME 04102
OPEN THU, 4:30PM TO 6PM
$299,000
2 beds1 bath864 sq ft
10 Hillcrest Ave, South Portland, ME 04106
OPEN SAT, 1PM TO 3PM
$399,000
2 beds1 bath828 sq ft
175 Pine St Unit 1J, Portland, ME 04102
OPEN SUN, 11AM TO 1PM
$209,000
3 beds2 baths1,344 sq ft
243 Bond St, Westbrook, ME 04092
OPEN SUN, 11AM TO 1PM
$695,000
2 beds2.5 baths1,512 sq ft
153 Main St #4, Yarmouth, ME 04096

Around this home

Schools

K - 12
Preschool & daycare

East End Community School

Public PreK-5 • Assigned • 0.4mi

2/10

Lyman Moore Middle School

Public 6-8 • Assigned • 3.3mi

4/10

Deering High School

Public 9-12 • Assigned • 2.5mi

2/10

Provided by GreatSchools

About East

End

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

Market insights

246 Eastern Promenade #102 · $2,219,000

DAYS ON MARKET

The average home goes pending in 54 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median sale price in this area is $511,489. (77% lower than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: Common, Paved, 1 - 4 Spaces, Underground, Basement
Vehicle Storage: 1 Car, Heated, Underground, Basement

Interior

Bathroom Information
# of Baths (1/2): 1
# of Baths (Full): 2

Room 1 Information
Type: Mud Room
Level: First

Room 2 Information
Type: Laundry
Level: First

Room 3 Information
Type: Dining Room
Level: First

Room 4 Information
Type: Kitchen
Level: First
Features: Kitchen Island

Room 5 Information
Type: Primary Bedroom
Level: First
Features: Double Vanity, Separate Shower, Soaking Tub, Walk-In Closet(s)

Room 6 Information
Type: Bedroom 2
Level: First
Features: Closet, Full Bath

Room 7 Information
Type: Living Room
Level: First
Features: Gas Fireplace

Basement Information
Basement Entry: Interior Entry, Full

Interior Features
# of Rooms: 6
Interior Features: 1st Floor Primary Bedroom w/Bath, Bathtub, Elevator Passenger, One-Floor Living, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
Flooring: Tile, Wood

Laundry Information
Laundry Features: Main Level, Washer Hookup

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
# of Buildings: 1
Construction Materials: Steel Frame, Wood Frame, Fiber Cement
Roof: Flat
Total Building Area (Sq. Ft.): 2,076
Building Area Source: Builder

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Condominium
Security Features: Security System, Fire Sprinkler System
Year Built: 2025
Above-Grade Finished Area (Sq. Ft.): 2,076

Lot Information
Lot Size (Sq. Ft.): $27,878.40
Lot Size (Acres): 0.64
Lot Size Source: Public Records
Lot Features: Near Public Beach, Near Town, Neighborhood, Sidewalks
Road Surface Type: Paved
Zoning: R6

Waterfront Information
Water Body Name: Casco Bay
Water Body Type: Ocean
Water View: Yes

Subdivision Information
Subdivision Name: Munjoy Hill

Financial

Tax Information
Annual Tax Amount: $9,999
Tax Year: 24

Utilities

Utility Information
Has Heating
Heating: Heat Pump, Radiant
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric

Electricity and solar

View estimated energy costs and solar savings for this home

Internet

View available providers

Location

Multi-Unit Information
# of Units in Community: 13

HOA Information
Has Association
Association Fee Frequency: Monthly
Pets Allowed: Other Restrictions

School Information
High School District: Portland Public Schools

Location Information
Unparsed Address: 246 Eastern Promenade 102, Portland, ME 04101
Directions: 246 Eastern Promenade

Public facts

Beds: —
Baths: —
Finished Sq. Ft.: —
Unfinished Sq. Ft.: —
Total Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cumberland County
APN: —

Home facts updated by county records on Mar 13, 2025

Sale and tax history for 246 Eastern Promenade #102

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cumberland County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 13, 2025.

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)

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 #102

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $730,000 and $1,380,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $730K to $1.4M.

SOLD SEP 5, 2026
$1,150,000 Last sold price
3 beds2 baths1,646 sq ft
44 Quebec St #2, Portland, ME 04101
$370/sq ft
105 years older
SOLD AUG 28, 2026
$730,000 Last sold price
2 beds2 baths1,232 sq ft
135 Congress St #1, Portland, ME 04101
$476/sq ft
smaller lot
115 years older
SOLD AUG 3, 2026
$1,380,000 Last sold price
2 beds2.5 baths1,343 sq ft
383 Commercial St #519, Portland, ME 04101
$41/sq ft
4 years older
SOLD MAY 7, 2026
$1,275,000 Last sold price
3 beds2 baths2,076 sq ft
48 Federal St Unit B, Portland, ME 04101
$455/sq ft
18 years older
SOLD OCT 15, 2025
$975,000 Last sold price
3 beds2 baths1,302 sq ft
9 Waterville St Unit 2C, Portland, ME 04101
$320/sq ft
20 years older
SOLD JUN 16, 2026
$905,000 Last sold price
2 beds2 baths1,269 sq ft
166 Fore St #32, Portland, ME 04101
$356/sq ft
6 years older

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Megan McShane

Portland Redfin Agent

Megan McShane typically replies in about 24 minutes

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Details provided by MREIS and may not match the public record. Learn more.

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