Scenic cottage on beautiful Casco Bay Peaks Island. Three bedroom two bath cape with fenced in yard and seasonal water views. Watch the sunset from your large covered back porch or hot tub. Located on a quiet corner lot in walking distance of the beach and club house hosting Tennis, Pickleball, Boating, Music and summer camps to include sailing for the kids. Step back in time to a simple way of life.
Peaks Island, located between Casco Bay and Portland Harbor, is a coastal and village-like Portland neighborhood with a working waterfront and wooded lanes. The island’s character concentrates around the Peaks Island Ferry Landing and the stretch of Island Avenue lined with porch-front cottages, bike rentals, and small cafes. Community pillars include the Fifth Maine Regiment Museum, the Peaks Island House, and the Inn on Peaks Island. Narrow roads loop past rocky coves, pocket beaches, and weathered docks, with golf carts and bicycles setting the pace. Architecture leans toward shingled cottages and classic New England summer homes, with salt-air patina and tidy gardens. Trails and shoreline paths frame daily routines around ferry schedules and long water views.
Provided by Walk Score and Local Logic
Market insights
248 Pleasant Ave · $719,000
DAYS ON MARKET
11 days
The average home goes pending in 25 days.
SALE-TO-LIST
101.1%
Most homes are selling 1% above list price.
LIST PRICE
$719,000
Median sale price in this area is $623,278. (13% lower than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Exterior
Finance
Exterior
Exterior features
Lot size approximately 6,921 sq ft
Home design
Single-family house
Construction
Living area approximately 1,250
Electricity and solar
View estimated energy costs and solar savings for this home
IN A COTTAGE BY THE SEA Classic Cottage Style Home. Comfortable & spacious; 3 bedrooms plus a sleeping loft. Two nicely updated baths. Dining room with built-ins and living room with fireplace. Hardwood floors. Oil heating system, laundry and updated systems. Large covered open porch facing glorious sunsets. Corner well landscaped lot with mature trees, shrubs and fenced in yard. Great location! Short walk to sandy beach and sailing and tennis club. And, some glimpses of Diamond Pass
MREIS #1091580
May 11, 2013
Listed
$329,000
$263/sq ft
MREIS #1012886
Mar 22, 2011
Listed
$339,000
$271/sq ft
MREIS #980570
Jun 15, 2010
Listed
$429,000
$343/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$5,512 (+4.2%)
$179,600 + $187,600
$367,200
2023
$5,291 (+5.9%)
$179,600 + $187,600
$367,200
2022
$4,998 (+4.8%)
$179,600 + $187,600
$367,200
2021
$4,770 (−10.4%)
$179,600 + $187,600
$367,200
2020
$5,324
$167,000 + $61,400
$228,400
2019
$5,324 (+3.7%)
$167,000 + $61,400
$228,400
2018
$5,134 (+3.8%)
$167,000 + $61,400
$228,400
2017
$4,945 (+2.6%)
$167,000 + $61,400
$228,400
2016
$4,822 (+2.3%)
$167,000 + $61,400
$228,400
2015
$4,712 (+3.2%)
$167,000 + $61,400
$228,400
2014
$4,568
$167,000 + $61,400
$228,400
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,072
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,072
Year built
1900
Style
Single Family Residential
County
Cumberland County
APN
117539
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
IR-2
Island Zone
To provide for a residential neighborhood environment on Portland’s islands in areas with adequate public services. Expansion or extension of IR-2 zoning should be limited, generally focused toward areas adjacent toexisting IR-2 areas, and restricted by such factors as adequacy of access, whether adequate water will be available for private use and for fire protection, whether soils in the area are adequate for subsurface water disposal, or whether public sewers are available. Select nonresidential uses may also be permitted in the IR-2 zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Public service
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 86° expected this year, 18 days in 30 years
6/10 Wind Factor
68% 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 • 04108
Average low and high temperatures (°F)
31
19
33
19
43
31
49
39
59
49
70
58
74
63
73
60
68
56
59
46
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.8 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 248 Pleasant Ave
$714,457
$4,543 under list price of $719K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $850K.