On a quiet street in the "Village" area of Peaks Island, this lot is close to the school, stores, ferry and beaches yet seems a world away. Year-round public water and sewer are in the street. City has decided the lots, as they now exist, are not buildable but there is a possibility the lots, in conjunction with other continguous lots owned by the seller, could be buildable. See Broker.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Cumberland County
APN
117243
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
Property details
Parking
Parking Information
Parking Features: No Driveway
Exterior
Lot Information
Lot Size (Sq. Ft.): $4,356
Lot Size (Acres): 0.1
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Level, Wooded, Rural
Road Surface Type: Paved
Zoning: IR-2
Subdivision Information
Subdivision Name: Peaks Island
Financial
Tax Information
Annual Tax Amount: $664
Utilities
Utility Information
Electric: Other Electric, No Electric
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Location
Location Information
Unparsed Address: 28-40 Elizabeth Street, Portland, ME 04108
Directions: Casco Bay Lines To Peaks Island. Left onto Island Ave. to right onto Elizabeth St (2nd street pas library and Police/Fire Dept. ) Lot is a few hundred yards on left.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5,227 square feet
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Cumberland County
APN: 117243
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Peaks Island School
Public PreK-5 • Assigned • 0.1mi
8/10
Deering High School
Public 9-12 • Assigned • 5.0mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 19 days in 30 years
6/10 Wind Factor
71% 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
In this area, properties receive around 8.5 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.5 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$102,000 – $124,000
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