Pending

$2,895,000

Est. $16,530/mo —

•

2,549

sq ft

246 Eastern Promenade #403, Portland, ME 04101

About this home

LIVE ELEVATED AT 246 EASTERN PROMENADE Only 7 Residences Remain | Estimated Completion: Mid-Fall 2026 Welcome to an extraordinary new coastal address in one of Portland's most coveted neighborhoods. Rising above Casco Bay along the sweeping green expanse of the Eastern Promenade, this boutique collection of just 13 architecturally striking condominiums marks the first new residential development on this iconic stretch in more than 50 years--a truly rare offering. UNIT 403 features a rare two-deck design, offering dual private outdoor spaces--one oriented toward westerly sunset views and the other overlooking Casco Bay--allowing residents to enjoy morning light and evening sunsets from the comfort of home. Each residence has been thoughtfully designed to embrace light, views, and refined coastal living. Floor-to-ceiling windows and expansive glass doors capture stunning water views and flood interiors with natural light, while 9-10 foot ceilings and open-concept layouts create a modern, airy atmosphere. Interiors offer generous allowances for premium finishes, anchored by custom kitchen and bath cabinetry by Pond Cove Millworks, providing a highly tailored living experience and the opportunity to create a home that reflects your personal style. Quality construction and thoughtful details are evident throughout. Additional conveniences include climate-controlled garage parking and private, storage rooms. Located in Portland's highly sought-after East End, 246 Eastern Promenade offers a lifestyle that seamlessly blends coastal serenity with vibrant city living. Enjoy morning walks or cycling along the Eastern Promenade Trail, kayak from East End Beach, or explore Portland's top restaurants, cozy bistros, wine bars, and neighborhood cafés just steps away. The expansive green space of the Eastern Promenade creates a front-row seat to Casco Bay's natural beauty.

CondoProperty Type

1915Year Built

0.64 acresLot Size

$1,136Price/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: a minute ago

•Source:MREIS #1647006

Payment calculator

$16,530 per month

Principal and interest$15,214

Property taxes

$833

HOA dues

Home insurance

$483

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 4:30PM TO 6PM
$391,900
2 beds2 baths1,456 sq ft
202 Emerald Dr, South Portland, ME 04106
OPEN WED, 4:30PM TO 6:30PM
$650,000
3 beds2.5 baths2,184 sq ft
18 Fairway Commons Dr #1, Gorham, ME 04038
OPEN WED, 4:30PM TO 6:30PM
$655,000
3 beds2.5 baths2,184 sq ft
23 Fairway Commons Dr #6, Gorham, ME 04038
OPEN THU, 4PM TO 6PM
$495,000
2 beds1 bath1,355 sq ft
63 Hennessy Dr, Portland, ME 04103
OPEN SAT, 10AM TO 12PM
$319,995
1 bed1 bath567 sq ft
148 Breakwater Dr #619, South Portland, ME 04106
OPEN SAT, 11AM TO 1PM
$739,000
3 beds2.5 baths1,880 sq ft
54 Mitchell Hill Rd, Scarborough, ME 04074
OPEN SAT, 12PM TO 3PM3D WALKTHROUGH
$895,000
5 beds3.5 baths4,894 sq ft
114 County Rd, Gorham, ME 04038
OPEN SAT, 1PM TO 2:30PM
$725,000
4 beds2 baths2,808 sq ft
16 Ramsay Ter, Scarborough, ME 04074
OPEN SUN, 12PM TO 2PM
$1,185,000
4 beds2.5 baths4,808 sq ft
320 Holmes Rd, Scarborough, ME 04074
OPEN SEP 20, 10AM TO 11:30AM
$539,000
3 beds1 bath1,306 sq ft
31 Longfellow Dr, Cape Elizabeth, ME 04107

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 #403 · $2,895,000

DAYS ON MARKET

The average home goes pending in 43 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $499,057. (83% lower than this home)

PRICE DROP

17% 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: Heated, Reserved Parking, Basement, 1 - 4 Spaces, Paved, Common, Underground
Vehicle Storage: 1 Car, Heated, Underground, Basement

Interior

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

Room 1 Information
Type: Laundry
Level: First
Features: Built-Ins

Room 2 Information
Type: Bedroom 2
Level: First
Features: Closet

Room 3 Information
Type: Mud 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: Living Room
Level: First
Features: Gas Fireplace

Room 7 Information
Type: Dining Room
Level: First

Room 8 Information
Type: Den
Level: First
Features: Skylight

Basement Information
Basement Entry: Interior, Full

Interior Features
# of Rooms: 8
Interior Features: Walk-in Closets, Elevator Passenger, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
Flooring: Wood, Tile

Laundry Information
Laundry Features: Built-Ins, 1st Floor Laundry, Main Level

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Fiber Cement, Steel Frame, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Flat
Total Building Area (Sq. Ft.): 2,549
Building Area Source: Builder

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Condominium
Security Features: Sprinkler, Security System
Year Built: 1915
Above-Grade Finished Area (Sq. Ft.): 2,549

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

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

Financial

Tax Information
Annual Tax Amount: $9,999
Tax Year: 2025

Utilities

Utility Information
Has Heating
Heating: Radiant, Heat Pump
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

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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 403, 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 Dec 19, 2025

Sale and tax history for 246 Eastern Promenade #403

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 Dec 19, 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

88/ 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.

10.2 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 246 Eastern Promenade #403

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 APR 30, 2026
$1,200,000 Last sold price
3 beds2.5 baths1,457 sq ft
130 Morning St Unit 3A, Portland, ME 04101
$312/sq ft
smaller lot
107 years newer
SOLD AUG 6, 2026
$800,000 Last sold price
3 beds2.5 baths1,664 sq ft
45 Eastern Promenade Unit 11H, Portland, ME 04101
$655/sq ft
54 years newer
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
$500/sq ft
20 years older
SOLD MAY 12, 2026
$725,000 Last sold price
2 beds2 baths1,283 sq ft
10 Hammond St #103, Portland, ME 04101
$571/sq ft
106 years newer
SOLD JUL 1, 2026
$1,100,000 Last sold price
4 beds2 baths1,657 sq ft
49 Morning St #8, Portland, ME 04101
$472/sq ft
15 years older

This home is pending

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

Have questions?

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Portland Redfin Agent

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

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