OFF MARKET

Off market jul 2021 for $1.5M

$1,736,270

•

1,927

sq ft

38 Centennial St, Portland, ME 04108

About this home

Here's your chance to own an 1860 waterfront home on Peaks Island. This substantial house has remarkable views from South Portland across to the Portland waterfront, the Diamond Islands and out to the ocean, The interior needs a fresh look and, with its many windows facing the water, 4 bedrooms, 2 baths, it's just waiting for you to design your ideal island home. The well-landscaped grounds, the easy access to Centennial Beach, the short walk to shopping and the ferry all combine to make this property a must see-must have!

Single-familyProperty Type

1860Year Built

0.5 acresLot Size

$901Est. Price/Sq.Ft.

1 spaceParking

Listed by Jill Keefe • Port Island Realty

Bought with Alyce Bauerle • Port Island Realty

Redfin checked: a few seconds ago

•Source:MREIS #1499095

Redfin Estimate

$1,736,270

$186K since sold in July 2021$68K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 59.7% higher than the average sale price ($1.09M) of 6 comparable homes.

SOLD SEP 16, 2026
$1,429,000
A
3 beds2 baths1,722 sq ft
17 3rd St, Portland, ME 04108
SOLD JUL 21, 2026
$530,000
B
3 beds2 baths1,659 sq ft
54 Mitchell Rd, South Portland, ME 04106
SOLD SEP 8, 2026
$612,000
C
4 beds2 baths1,803 sq ft
24 Central Ave, Portland, ME 04108
SOLD AUG 6, 2026
$1,479,000
D
4 beds2.5 baths2,110 sq ft
6 Sea View Ave, Cape Elizabeth, ME 04107
SOLD APR 20, 2026
$1,475,000
E
4 beds2 baths1,540 sq ft
15 Myrtle Ave, South Portland, ME 04106
SOLD SEP 9, 2026
$1,000,000
F
4 beds1.5 baths1,882 sq ft
72 Stonybrook Rd, Cape Elizabeth, ME 04107

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Earn from this home

Sell

$521,523

Est. take-home

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Rent

$4,122/mo

Redfin rental estimate

List your home for rent

Market trends in 04108, ME

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

95.6%

0.4% MoM

Median sale price

$660K

$63K MoM

Avg. days on market

71d

16 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 38 Centennial St

Year

Property tax

Land + Additions

Assessment*

2024

$17,589 (+54.5%)

$452,600 + $719,200

$1,171,800

2023

$11,387 (+5.9%)

$452,600 + $337,600

$790,200

2022

$10,755 (+4.8%)

$452,600 + $337,600

$790,200

2021

$10,265 (−13.7%)

$452,600 + $337,600

$790,200

2020

$11,895

$378,700 + $131,600

$510,300

2019

$11,895 (+3.7%)

$378,700 + $131,600

$510,300

2018

$11,472 (+3.8%)

$378,700 + $131,600

$510,300

2017

$11,048 (+2.6%)

$378,700 + $131,600

$510,300

2016

$10,772 (+2.3%)

$378,700 + $131,600

$510,300

2015

$10,527 (+3.1%)

$378,700 + $131,600

$510,300

2014

$10,206

$378,700 + $131,600

$510,300

Tax history for 38 Centennial St

Year

Property tax

Land + Additions

Assessment*

2024

$17,589 (+54.5%)

$452,600 + $719,200

$1,171,800

2023

$11,387 (+5.9%)

$452,600 + $337,600

$790,200

2022

$10,755 (+4.8%)

$452,600 + $337,600

$790,200

2021

$10,265 (−13.7%)

$452,600 + $337,600

$790,200

2020

$11,895

$378,700 + $131,600

$510,300

2019

$11,895 (+3.7%)

$378,700 + $131,600

$510,300

2018

$11,472 (+3.8%)

$378,700 + $131,600

$510,300

2017

$11,048 (+2.6%)

$378,700 + $131,600

$510,300

2016

$10,772 (+2.3%)

$378,700 + $131,600

$510,300

2015

$10,527 (+3.1%)

$378,700 + $131,600

$510,300

2014

$10,206

$378,700 + $131,600

$510,300

*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
Permits

Beds

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

0.35 Acres

Year renovated

—

Sq. Ft.

2,783

Year built

2024

Style

Single Family Residential

County

Cumberland County

APN

117151

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

IR-2

SHORELAND OVERLAY

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

Zone overlays

Shoreland Overlay Zone

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Public service
Park & open space

Jan 27, 2025 • Final

New single family

New construction

Jan 22, 2025 • Final

Fire sprinkler system one and two family

Install a new residential fire sprinkler system in accordance with NFPA 13D standards.

Fire sprinkler

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Off Street

Interior

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Kitchen
Level: First

Room 2 Information
Type: Bedroom 2
Level: Second

Room 3 Information
Type: Den
Level: First

Room 4 Information
Type: Bedroom 3
Level: Second

Room 5 Information
Type: Living Room
Level: First

Room 6 Information
Type: Bedroom 1
Level: Second

Room 7 Information
Type: Bedroom 4
Level: Second

Room 8 Information
Type: Library
Level: First

Room 9 Information
Type: Other Room
Level: First

Basement Information
Basement Entry: Interior, Walk-Out Access, Full, Bulkhead, Unfinished

Interior Features
# of Rooms: 8
Interior Features: Bathtub
Washer, Refrigerator, Electric Range, Dryer, Dishwasher
Flooring: Wood, Vinyl, Tile, Carpet

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Clapboard, Wood Frame
Foundation Details: Slab, Brick/Mortar
Total Building Area (Sq. Ft.): 1,927
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck
Other Structures: Outbuilding, Shed(s)

Property Information
Property Sub Type: Single Family Residence
Year Built: 1860
Above-Grade Finished Area (Sq. Ft.): 1,927

Lot Information
Lot Size (Sq. Ft.): $21,780
Lot Size (Acres): 0.5
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Level, Near Town, Neighborhood
Zoning: IR2

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

Financial

Tax Information
Annual Tax Amount: $12,329
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Stove, Hot Water, Heat Pump, Baseboard
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Off Heating System, Oil, Solar

Location

Location Information
Unparsed Address: 38 Centennial Street, Portland, ME 04108
Directions: From Welch St. , turn left on Island Ave. Turn left on Centennial St. house is 3rd from water on the left.

Public facts

Beds: 3
Baths: 4.5
Sq. Ft.: 2,783
Stories: 2.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 2024
Year Renovated: —
County: Cumberland County
APN: 117151

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 • 4.9mi

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, 18 days in 30 years

6/10 Wind Factor

75% 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

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

$1.65M – $2.00M

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Home values near 38 Centennial St

Data from public records.

Address	Redfin Estimate
45 Centennial Street, Portland, ME 3 Beds \| 2 Baths \| 1379 Sq. Ft.	$832,388
50 Centennial Street, Portland, ME 5 Beds \| 2.5 Baths \| 2184 Sq. Ft.	$1,938,463

Address	Redfin Estimate
29 Centennial Street, Portland, ME 3 Beds \| 1.5 Baths \| 1325 Sq. Ft.	$666,222
60 Centennial Street, Peaks Island, ME 5 Beds \| 3 Baths \| 3594 Sq. Ft.	$2,429,093

Address	Redfin Estimate
60 Centennial Street, Portland, ME 5 Beds \| 3 Baths \| 3594 Sq. Ft.	$1,739,261
50 Centennial Street, Peaks Island, ME 5 Beds \| 2.5 Baths \| 2184 Sq. Ft.	$1,963,170

Property information provided by MREIS when last listed in 2021. This data may not match . Learn more.

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