For sale

$2,276,000

Est. $13,792/mo —

•

1,840

sq ft

246 Eastern Promenade #303, Portland, ME 04101

About this home

LIVE ELEVATED AT 246 EASTERN PROMENADE Only 6 Residences Remain | Completion February 2027. 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. Reach out today for floor plans, detailed specs, and to walk the site.

CondoProperty Type

2025Year Built

0.64 acresLot Size

$1,237Price/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: 3 minutes ago

•Source:MREIS #1608120

Payment calculator

$13,792 per month

Principal and interest$12,731

Property taxes

$833

HOA dues

Home insurance

$228

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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REDFIN OPEN SAT, 11AM TO 12:30PM3D WALKTHROUGH
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OPEN SAT, 11AM TO 1PM
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OPEN SAT, 11AM TO 12:30PM3D WALKTHROUGH
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3 beds2.5 baths3,552 sq ft
134 Oakwood Dr, Yarmouth, ME 04096
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OPEN SUN, 10AM TO 12PM
$545,000
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133 Saugus St, Portland, ME 04103
OPEN SUN, 11AM TO 1PM
$750,000
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OPEN SUN, 11AM TO 12:30PM3D WALKTHROUGH
$819,000
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50 Myrtle St, Portland, ME 04101
OPEN SUN, 12PM TO 1:30PMVIDEO TOUR
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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 #303 · $2,276,000

DAYS ON MARKET

The average home goes pending in 60 days.

SALE-TO-LIST

Most homes are selling 0% below list price.

LIST PRICE

Median list price in this area is $521,613. (77% lower than this home)

PRICE DROP

18% 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
One-floor living with 1st-floor primary bedroom and primary bath
Bathtub and shower
Elevator (passenger)
Storage
Walk-in closet(s)
Double vanity in primary bath
Soaking tub and separate shower in primary bath
Gas fireplace

Bedrooms
Primary bedroom on the first floor with ensuite bath and walk-in closet

Bathrooms
One full bathroom
One half bathroom
Primary bath with double vanity, soaking tub and separate shower

Kitchen
Kitchen with island
Electric range
Microwave
Dishwasher
Refrigerator

Laundry & utility
Washer and dryer included
Main level laundry

Flooring
Tile
Wood

Heating & cooling
Heat pump (heating and cooling)
Radiant heating
Circuit breakers

Sale and tax history for 246 Eastern Promenade #303

Sale History
Tax History

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

—

Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cumberland County

APN

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Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

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Features

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Last updated by owner on Oct 29, 2024.

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 #303

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

Nearby homes have recently sold between $800,000 and $2,600,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $800K to $2.6M.

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
$413/sq ft
smaller lot
3 years older
SOLD SEP 14, 2026
$975,000 Last sold price
2 beds2.5 baths2,000 sq ft
34 Hammond St Unit C, Portland, ME 04101
$749/sq ft
2 years older
SOLD OCT 1, 2026
$910,000 Last sold price
2 beds2 baths1,730 sq ft
45 Eastern Promenade Unit 6F&G, Portland, ME 04101
$711/sq ft
56 years older
SOLD SEP 22, 2026
$2,600,000 Last sold price
2 beds2.5 baths1,672 sq ft
387 Commercial St #710, Portland, ME 04101
$318/sq ft
1 year older
SOLD OCT 5, 2026
$1,625,000 Last sold price
4 beds2.5 baths2,344 sq ft
135 Sheridan St #404, Portland, ME 04101
$544/sq ft
17 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
$756/sq ft
56 years older

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Early Access listings

EARLY ACCESSCOMPASS COMING SOON

$439,000

3 beds3 baths1,530 sq ft

11 Suffolk Dr #2, Concord, NH 03303

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New listings for sale in 04101

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

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