Pending

$2,975,700

Est. $18,699/mo —

•

2,126

sq ft

246 Eastern Promenade #302, Portland, ME 04101

About this home

LIVE ELEVATED AT 246 EASTERN PROMENADE Only 8 Residences Remain | Completion Mid-Fall 2026 This extraordinary new address in one of Portland's most coveted neighborhoods. Perched above Casco Bay on the grassy sweep of the Eastern Promenade, this limited collection of just 13 architecturally striking condominiums marks the first residential development on this iconic stretch in over 50 years. Each residence has been thoughtfully designed for those who appreciate timeless elegance, elevated craftsmanship, and a connection to place. Floor-to-ceiling windows & private decks capture views of Casco Bay, while open-concept interiors with 9-10 ft ceilings and abundant natural light create an airy, modern atmosphere. Custom interiors feature generous allowances for premium finishes, including custom-built kitchen & bath cabinetry by Pond Cove Millworks—offering a refined and highly tailored living experience and allow owners to create a home that reflects their own sense of style. Nichiha Architectural Fiber Cement Siding, energy-efficient Pella windows, top-tier HVAC systems, garage parking, and private climate-controlled storage room ensure comfort and convenience year-round. Located in the heart of Portland's desirable East End, 246 Eastern Promenade offers a lifestyle that blends serenity with vibrant coastal city living. Enjoy morning walks or cycling along the Eastern Trail, kayak from the East End beach, visit historic landmarks like the Portland Observatory & Allen Park Gazebo, or take in the expansive green space that rolls directly to the shoreline. Just a short stroll away, you'll find world-class restaurants, charming cafés, galleries, and the celebrated Old Port. Construction is well underway with the foundation nearly complete and work progressing steadily. Early contracts offer expanded customization options, allowing you to tailor your home to your vision. Pricing begins at $1.8M. Reach out today for floor plans, detailed specs, and to walk the site.

CondoProperty Type

2025Year Built

0.64 acresLot Size

$1,400Price/Sq.Ft.

1 garage spacesParking

Listed by Karen Thompson-McMann • The Flaherty Group

Listed by Harry McMann • The Flaherty Group

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

Redfin checked: 2 minutes ago

•Source:MREIS #1618425

Payment calculator

$18,699 per month

Principal and interest$16,849

Property taxes

$1,552

HOA dues

Home insurance

$298

Utilities

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 12PM TO 4PM
$899,900
2 beds2.5 baths2,220 sq ft
Two Plover Way #00, South Portland, ME 04106
OPEN TODAY, 4:30PM TO 6PM
$549,000
3 beds2 baths1,536 sq ft
1 Buds Trl, Cumberland, ME 04021
OPEN TODAY, 5PM TO 6PM
$630,000
1 bed1 bath956 sq ft
99 Federal St #301, Portland, ME 04101
OPEN TUE, 12PM TO 1PM
$179,727
2 beds2 baths1,478 sq ft
9 Anchorage Pl #9, South Portland, ME 04106
OPEN WED, 11AM TO 1PMVIDEO TOUR
$2,850,000
4 beds4 baths2,807 sq ft
3 Garden Cir, Cape Elizabeth, ME 04107
OPEN WED, 4PM TO 6PM
$535,000
3 beds2.5 baths1,472 sq ft
4 Feldspar Ln #31, Cumberland Center, ME 04021
OPEN WED, 4PM TO 6PM
$505,900
3 beds2.5 baths1,372 sq ft
12 Feldspar Ln #27, Cumberland Center, ME 04021
OPEN WED, 4PM TO 6PM
$475,000
3 beds1.5 baths1,274 sq ft
22 Feldspar Ln #24, Cumberland, ME 04021
OPEN WED, 4PM TO 6PM
$685,000
3 beds2.5 baths2,027 sq ft
6 Feldspar Ln #30, Cumberland, ME 04021
OPEN THU, 4:30PM TO 6PM
$899,000
4 beds3 baths3,208 sq ft
10 Grist Mill Rd, Falmouth, ME 04105

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 #302 · $2,975,700

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. (83% 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: Living Room
Level: First
Features: Gas Fireplace

Room 2 Information
Type: Kitchen
Level: First
Features: Kitchen Island

Room 3 Information
Type: Dining Room
Level: First

Room 4 Information
Type: Primary Bedroom
Level: First
Features: Double Vanity, Separate Shower, Soaking Tub, Walk-In Closet(s)

Room 5 Information
Type: Bedroom 3
Level: First
Features: Closet

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

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
Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Flooring: Tile, Wood

Laundry Information
Laundry Features: Washer Hookup

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Steel Frame, Wood Frame, Fiber Cement
Roof: Flat
Total Building Area (Sq. Ft.): 2,126
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.): 2,126

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: $18,629
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 302, Portland, ME 04101

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 Jun 17, 2025

Sale and tax history for 246 Eastern Promenade #302

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

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Last updated by owner on Jun 17, 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 #302

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

Nearby homes have recently sold between $725,000 and $1,200,000.

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $725K to $1.2M.

SOLD SEP 14, 2026
$975,000 Last sold price
2 beds2.5 baths2,000 sq ft
34 Hammond St Unit C, Portland, ME 04101
$912/sq ft
2 years older
SOLD APR 30, 2026
$1,200,000 Last sold price
3 beds2.5 baths1,457 sq ft
130 Morning St Unit 3A, Portland, ME 04101
$576/sq ft
smaller lot
3 years older
SOLD AUG 6, 2026
$800,000 Last sold price
3 beds2.5 baths1,664 sq ft
45 Eastern Promenade Unit 11H, Portland, ME 04101
$919/sq ft
56 years older
BOUGHT WITH REDFIN AUG 6, 2026
$824,000 Last sold price
2 beds2.5 baths1,296 sq ft
60 Munjoy St #1, Portland, ME 04101
$764/sq ft
130 years older
SOLD MAY 12, 2026
$725,000 Last sold price
2 beds2 baths1,283 sq ft
10 Hammond St #103, Portland, ME 04101
$835/sq ft
4 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 26 minutes

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

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