A rare opportunity to enjoy life on the quieter side of Portland's coveted East End, directly across from the iconic 63-acre Eastern Promenade. Designed by the renowned Olmsted firm, this extraordinary waterfront park offers sweeping lawns descending toward Casco Bay, a beach and boat launch, walking and biking trails, community gardens, tennis and pickleball courts, basketball courts, ball fields, and playgrounds—all just outside your door. The association offers an impressive collection of amenities, including an in-ground pool, grilling patio with fire pit, fitness room, bike storage, library, spacious meeting room, beautifully appointed lobby, elevators, individual storage, ample guest parking, and assigned/deeded owner parking. Remarkably , monthly dues include internet and cable. What truly distinguishes this residence is something only a select few units enjoy: a private, ground-level entrance directly into the home, conveniently located beside its designated covered parking space and garage. Arrive home and step directly inside—an especially welcome luxury when unloading groceries during a Maine rainstorm or winter snowfall. The expansive covered balcony is another exceptional feature, feeling more like an outdoor room than a traditional balcony. Overlooking the Promenade, it provides a wonderful setting for morning coffee, evening cocktails, spectacular sunrises and moonrises, or simply relaxing and taking in the surroundings. Offering more than 1,300 square feet, this two-bedroom, one-and-a-half-bath residence lives more like a home than a condominium. From the private entrance, a convenient mudroom leads into the generous living and dining areas, with direct access to the covered balcony. Just beyond the dining area is an updated, well-appointed galley kitchen. A welcoming foyer connects the home's private spaces, including a storage and utility area, half bath, two comfortable bedrooms, an updated full bath with custom shower, and a dedicated laundry room
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
340 Eastern Promenade #218 · $725,000
DAYS ON MARKET
1 days
The average home goes pending in 54 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
LIST PRICE
$725,000
Median sale price in this area is $511,489. (29% lower than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Elevator (passenger)
Shower
Storage
Other interior features
Bedrooms
Primary bedroom on the first level (approx. 14 x 12.2 ft.)
Second bedroom on the first level (approx. 12.2 x 11 ft.)
Bathrooms
One full bath
One half bath
Kitchen
Electric range
Dishwasher
Disposal
Refrigerator
Laundry & utility
Washer and dryer included
Laundry located on the main level
Flooring
Carpet
Tile
Wood
Heating & cooling
Baseboard heating
Central air conditioning
Exterior features
Deck
Patio
Porch
In-ground pool
Intown location
Near golf course
Near public beach
Near shopping
Near turnpike/interstate
Near town
Neighborhood setting
Near railroad
Corner lot
Sidewalks
Near public transit
Water view of Casco Bay (bay/harbor/ocean)
Home design
Condominium
Built in 1975
Parking
Has garage (1 space)
Carport
On-site paved parking
Off-street parking
Common parking
Inside entrance
Security
Fire system
Construction
Masonry, steel frame, concrete and stucco construction
Flat membrane roof
Single building
Utilities
Public water
Public sewer
Electric with circuit breakers
Electric water heater
Utilities are on
HOA & community
Part of an 80-unit community (Promenade East Condominium Association)
Monthly association fee ($593)
Pets restricted (no dogs allowed; other restrictions apply)
Financial info
Community association-managed condominium
Other
Located near tennis courts, ballfields, community gardens and playground; parking accessed off Walnut St
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 340 Eastern Promenade #218
Sale History
Tax History
Date
Event
Price
MREIS #1681087
Oct 1, 2026
Listed
$725,000
$550/sq ft
MREIS #1544376
Feb 1, 2023
Sold
$482,000
$366/sq ft
Nov 10, 2022
Price Changed
$489,000
$371/sq ft
Sep 27, 2022
Listed
$499,000
$379/sq ft
+58
Rare opportunity to live on the quiet side of Portland's East End, facing the famous Olmsted-designed 63 acre Eastern Promenade with its open grassy areas that slope down to the waterfront and beach, boat ramp, bike and walking trails, and include community gardens, tennis/pickleball and basketball courts, baseball fields and playgrounds. This association features an in-ground pool, grilling patio with fire pit, exercise room, bike storage, library, large meeting room, well-appointed lobby to greet guests, ample visitor parking, assigned/deeded owner parking, elevators, individual storage units and remarkable low $435p/m dues with internet & cable included. This unit is extra special and one of just a few with a private, exclusive ground-level entrance directly into the unit and directly off the designated covered parking space and garage. Unload your groceries free from rain and snow and unlike most walk straight into your home! The expansive covered balcony is more like an extension of the living area and the perfect perch for sunrise, moonrise and relaxation. Living more like a home and ideal for those that are lucky enough to work from anywhere, this 1,300+sf, 2 bedroom, 1.5 bath condo's layout is ideal in every way. From the direct access of the parking area (space immediately outside the door) you enter the mudroom, from there the expansive living / dining area with direct access to that amazing deck, off the dining is a well appointed and updated galley kitchen, now onto the foyer, storage/utility area and half bath, finally we finish with 2 bedrooms, a updated full bath with custom shower, and laundry room. Priced for immediate sale the sellers prefer a quick closing.
MREIS #1495808
Jul 14, 2021
Sold
$490,000
$372/sq ft
Jun 10, 2021
Listed
$510,000
$387/sq ft
+57
Rare opportunity to live on the picturesque eastern promenade; a waterfront Park overlooking Casco Bay offering beaches, trails, gardens, parks and recreation. Simply kick back and unwind to the sights and smells of the Maine coast. Catch a sunrise or sunset with breathtaking views of the horizon on the spacious deck overlooking the inground pool. All while being just steps away from the hustle and bustle of Portland. .. .with some of the best chefs you are sure to find your favorite spot. This association is loaded with amenities featuring an inground pool, exercise room, bike storage a library and a large meeting space. Also, a welcoming bright and sunny lobby to greet your guests. This unit is extra special with a larger than average covered parking space right outside your back door! No more scraping your windshield or shoveling. Conveniently located just minutes from the old port, highway and jetport. Completely remodeled full bath with tiled floor & walk-in shower w/ glass doors. New tile floors in laundry and back entryway. New cabinets above laundry. All new appliances and carpet in 2018. Freshly painted. Please note that in photos of Library and gym area-there was a leak in the sprinkler pipes and is under repair.
MREIS #1318182
Aug 25, 2017
Sold
$295,000
$224/sq ft
Jul 19, 2017
Listed
$295,000
$224/sq ft
As the MLS and public records start to fill up, we'll list the details here.