SOLD JUL 20, 2026

CLOSED on Jul 2026

$786,000

•

1,630

sq ft

31 Elizabeth St, Portland, ME 04108

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About this home

Freshly painted year-round home on Peaks Island Nestled on a tree-lined street, this 3-bedroom, 2-bathroom home offers the perfect mix of comfort and island charm. Enjoy the cozy living room, dine by the glow of the wood fireplace or unwind in the sunroom. Relax on enclosed front porch and sit on the back deck overlooking a spacious fenced yard--ideal for gardening or outdoor fun. Just a 7-minute walk takes you to the car ferry, Centennial Beach, local shops, restaurants, and more. In 10 minutes, you can reach the TEIA sailing and tennis club to fully embrace island life. Recently updated, this home now features heat pumps (5 zones) heating and cooling units, upgraded electrical service, a whole-house generator, and a new first-floor shower and outdoor shower. It also has city water, sewer, and weekly trash service. Only 15 minutes by car ferry from Portland, Peaks Island provides a tranquil retreat, yet remains close to all the city has to offer

Single-familyProperty Type

1915Year Built

5,662 sq ftLot Size

$482Price/Sq.Ft.

1 spaceParking

Listed by Ann Filipos • Townsend Real Estate

Bought with Alyce Bauerle • Portside Real Estate Group

Bought with Jill Keefe • Portside Real Estate Group

Redfin checked: 2 minutes ago

•Source:MREIS #1657820

Redfin Estimate

$817,439

$31K since sold in July 2026$35K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14% higher than the average sale price ($717K) of 6 comparable homes.

SOLD JUN 2, 2026
$850,000
A
3 beds2 baths1,436 sq ft
62 Elsmere Ave, South Portland, ME 04106
SOLD SEP 8, 2026
$612,000
B
4 beds2 baths1,803 sq ft
24 Central Ave, Portland, ME 04108
SOLD AUG 28, 2026
$950,000
C
3 beds2 baths1,683 sq ft
59 Ocean View Rd, Cape Elizabeth, ME 04107
SOLD AUG 26, 2026
$625,000
D
3 beds1 bath1,602 sq ft
52 Davis St, South Portland, ME 04106
SOLD MAY 29, 2026
$755,000
E
3 beds1 bath1,496 sq ft
542 Preble St, South Portland, ME 04106
SOLD AUG 14, 2026
$509,000
F
3 beds1.5 baths1,386 sq ft
115 Mussey St, South Portland, ME 04106

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Market trends in 04108, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.0%

+0.0% MoM

Median sale price

$723K

$63K MoM

Avg. days on market

55d

12 days MoM

Recently sold homes

1 MoM

New listings for sale

$525,000
2 beds1 bath1,039 sq ft
384 Pleasant Ave, Portland, ME 04108
$575,000
3 beds1 bath1,018 sq ft
7 Upper A St, Portland, ME 04108
3D WALKTHROUGH
$1,499,900
7 beds5 baths3,846 sq ft
94 Pleasant Ave, Portland, ME 04103
See all

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Rental estimate

Est. $2,324 per month, based on comparable rentals

Sale and tax history for 31 Elizabeth St

Sale History
Tax History

Date

Event

Price

MREIS #1657820

Jul 20, 2026

Sold

$786,000

$482/sq ft

Apr 15, 2026

Listed

$799,000

$490/sq ft

MREIS #1639139

Oct 26, 2025

Price Changed

$845,000

$518/sq ft

Sep 29, 2025

Listed

$849,000

$521/sq ft

MREIS #1569004

Sep 21, 2023

Sold

$735,000

$451/sq ft

Aug 16, 2023

Listed

$695,000

$426/sq ft

+45

What a special find! Gorgeous, year round Peaks Island bungalow that is only . 4 miles from the ferry terminal! Come experience the true magic that island living offers in this stunning, roomy 3 bedroom, 1.5 bath home. With 2nd floor peekaboo water views, conservation land across the street for ultimate tranquility, a large deck, and a nice fenced in backyard, this is a spot many dream of. Sellers have made many updates including installing heat pumps, updating the paint throughout, and extensive updates to the basement with potential for adding more finished square footage. Located in the most convenient location on a quiet road, it's only a 5 minute walk to the beach, or a 7 minute walk to the ferry/grocery store/restaurants. This is an incredibly unique opportunity to own such a beautiful piece of history on one of the most coveted islands in Maine. To view a full video walk through tour, head over to YouTube and type in the property address. Thanks for viewing!

Year

Property tax

Land + Additions

Assessment*

2024

$6,938 (+7.9%)

$135,200 + $327,000

$462,200

2023

$6,433 (+6.4%)

$135,200 + $311,200

$446,400

2022

$6,046 (+4.8%)

$135,200 + $309,000

$444,200

2021

$5,770 (−16.0%)

$135,200 + $309,000

$444,200

2020

$6,865

$160,300 + $134,200

$294,500

2019

$6,865 (+3.7%)

$160,300 + $134,200

$294,500

2018

$6,620 (+3.8%)

$160,300 + $134,200

$294,500

2017

$6,376 (+2.6%)

$160,300 + $134,200

$294,500

2016

$6,217 (+2.3%)

$160,300 + $134,200

$294,500

2015

$6,076 (+3.2%)

$160,300 + $134,200

$294,500

2014

$5,890

$160,300 + $134,200

$294,500

Public record

Public record
Zoning
Permits

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

5,663 Sq. Ft.

Year renovated

—

Sq. Ft.

1,450

Year built

1915

Style

Single Family Residential

County

Cumberland County

APN

117279

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: Gravel, 1 - 4 Spaces

Interior

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Living Room
Length (Ft.): 127
Width (Ft.): 124
Level: First

Room 2 Information
Type: Bedroom 2
Length (Ft.): 134
Width (Ft.): 1,210
Level: Second

Room 3 Information
Type: Bedroom 1
Length (Ft.): 162
Width (Ft.): 1,110
Level: Second

Room 4 Information
Type: Sunroom
Length (Ft.): 610
Width (Ft.): 138
Level: First

Room 5 Information
Type: Dining Room
Length (Ft.): 1,810
Width (Ft.): 157
Level: First
Features: Wood-Burning Fireplace

Room 6 Information
Type: Kitchen
Length (Ft.): 20
Width (Ft.): 13
Level: First

Room 7 Information
Type: Bedroom 3
Length (Ft.): 1,310
Width (Ft.): 81
Level: Second

Basement Information
Basement Entry: Interior Entry, Walk-Out Access, Daylight, Full, Sump Pump

Interior Features
# of Rooms: 7
Furnished: Negotiable
Cooktop, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
Door Features: Storm Door(s)
Window Features: Storm Window(s)
Flooring: Wood, Ceramic Tile
Other Equipment: Cable

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Wood Frame, Shingle Siding
Foundation Details: Pillar/Post/Pier
Roof: Fiberglass, Shingle
Total Building Area (Sq. Ft.): 1,630
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck
Fencing: Fenced

Property Information
Property Sub Type: Single Family Residence
Year Built: 1915
Above-Grade Finished Area (Sq. Ft.): 1,630

Lot Information
Lot Size (Sq. Ft.): $5,662.80
Lot Size (Acres): 0.13
Lot Size Source: Public Records
Lot Features: Abuts Conservation, Near Public Beach, Near Shopping, Near Town, Neighborhood, Level, Near Public Transit
Road Surface Type: Paved
Zoning: IR-2

Waterfront Information
Island: Yes

Financial

Tax Information
Annual Tax Amount: $7,755
Tax Year: 2025

Utilities

Utility Information
Has Heating
Heating: Baseboard, Heat Pump
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric

Location

Location Information
Unparsed Address: 31 Elizabeth Street, Portland, ME 04108
Directions: Casco Bay Lines to Peaks Island. Left on Island Avenue, right on Elizabeth to number 31.

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,450
Stories: 2.0
Lot Size: 5,663 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: —
County: Cumberland County
APN: 117279

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

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

91/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$777,000 – $941,000

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New listings for sale in 04108

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3D WALKTHROUGH

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7 beds5 baths3,846 sq ft

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Home values near 31 Elizabeth St

Data from public records.

Address	Redfin Estimate
21 Elizabeth St, Portland, ME 3 Beds \| 2 Baths \| 1268 Sq. Ft.	$666,296
16 Elizabeth St, Portland, ME 4 Beds \| 2 Baths \| 1962 Sq. Ft.	$837,242

Address	Redfin Estimate
41 Elizabeth St, Portland, ME 3 Beds \| 1.5 Baths \| 1348 Sq. Ft.	$562,327
40 Elizabeth St, Portland, ME - Beds \| - Baths \| - Sq. Ft.	$117,540

Address	Redfin Estimate
17 Elizabeth St, Portland, ME 3 Beds \| 2 Baths \| 1450 Sq. Ft.	—
28 Elizabeth St, Portland, ME - Beds \| - Baths \| - Sq. Ft.	$106,985

Property information provided by MREIS when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 04108, ME

Homeowner tools

Sale and tax history for 31 Elizabeth St

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04108

Home values near 31 Elizabeth St

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