SOLD OCT 20, 2025

Off Market Oct 2025 for $1.3M

$1,412,909

•

1,510

sq ft

387 Commercial St #430, Portland, ME 04101

About this home

Luxury Living at it's best, unit features hardwood throughout, 9 ft. ceilings, gas fireplace, radiant heat in master bathroom and private deck. Amenities include lobby with concierge, clubroom with a fireplace, deck, and full kitchen, fitness room, dog wash, reservable guest suite, shared Tesla and bikes, and spacious landscaped courtyards. Deeded Garage parking is available at $35000. Take this opportunity to make Hobsons Landing your new home in an iconic waterfront city!

CondoProperty Type

2024Year Built

$936Est. Price/Sq.Ft.

1 car garageParking

Listed by Sandra Johnson • Town & Shore Real Estate

Listed by Gail Landry • Town & Shore Real Estate

Contact: 207-773-0262

Bought with Sandra Johnson • Town & Shore Real Estate

Bought with Gail Landry • Town & Shore Real Estate

Redfin checked: 2 minutes ago

•Source:MREIS #1596296

Redfin Estimate

$1,412,909

$53K since sold in October 2025$32K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.2% higher than the average sale price ($1.08M) of 6 comparable homes.

SOLD AUG 7, 2026
$1,245,000
A
2 beds2 baths1,295 sq ft
383 Commercial St #401, Portland, ME 04101
SOLD JUN 25, 2026
$1,150,000
B
2 beds2 baths1,285 sq ft
387 Commercial St #337, Portland, ME 04101
SOLD AUG 3, 2026
$1,380,000
C
2 beds2.5 baths1,343 sq ft
383 Commercial St #519, Portland, ME 04101
SOLD JUL 31, 2026
$660,000
D
2 beds2 baths1,382 sq ft
16 Guilford Ct Unit 2B, Portland, ME 04101
SOLD JUN 10, 2026
$975,000
E
2 beds2 baths1,195 sq ft
383 Commercial St #316, Portland, ME 04101
SOLD NOV 21, 2025
$1,100,000
F
2 beds2 baths1,426 sq ft
387 Commercial St #205, Portland, ME 04101

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Earn from this home

Sell

$257,723

Est. take-home

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Rent

$5,146/mo

Redfin rental estimate

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Market trends in 04101, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.9%

0.5% MoM

Median sale price

$725K

$26K MoM

Avg. days on market

37d

9 days MoM

Recently sold homes

1 MoM

New listings for sale

$595,000
2 beds2 baths1,730 sq ft
45 Eastern Promenade Unit 8F & 8G, Portland, ME 04101
$1,172,000
5 beds3 baths2,557 sq ft
12 North St, Portland, ME 04101
$785,000
2 beds2 baths1,341 sq ft
61 Montreal St #3, Portland, ME 04101
$789,000
7 beds3 baths3,030 sq ft
124 Sherman St, Portland, ME 04101
$520,000
2 beds1 bath700 sq ft
99 Silver St Unit 3-5, Portland, ME 04101
$549,900
1 bed1.5 baths877 sq ft
75 Chestnut St #609, Portland, ME 04101
3D WALKTHROUGH
$699,900
2 beds2 baths1,030 sq ft
75 Chestnut St #607, Portland, ME 04101
OPEN SAT, 11AM TO 1PM
$875,000
5 beds3 baths2,535 sq ft
106 Sherman St, Portland, ME 04101
$439,000
2 beds1 bath690 sq ft
129 York St #2, Portland, ME 04101
$599,000
3 beds1 bath1,396 sq ft
43 Cumberland Ave #2, Portland, ME 04101
See all

Provided by Redfin

Sale history for 387 Commercial St #430

Tax history for 387 Commercial St #430

*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

—

Year renovated

—

Sq. Ft.

1,510

Year built

2024

Style

Condo/Co-op

County

Cumberland County

APN

23460948

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

B5B

Urban Commercial

To provide areas of the peninsula near the downtown where a mixture of uses, including marine, industrial, commercial, and residential, is encouraged. The B- 5 and B-5b zones are characterized by larger underdeveloped lots with great potential for denser, clustered, urban mixed-use development and more efficient reuse of existing land and buildings. It is anticipated that the dense, mixed-uses of the B-5 and B-5b zones will rely on a shared infrastructure system, including service alleys, parking lots, public transportation facilities, stormwater management, and driveways.

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: Common, Paved, 1 - 4 Spaces, On Site
Vehicle Storage: 1 Car

Interior

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Primary Bedroom
Level: First

Room 2 Information
Type: Living Room
Level: First

Room 3 Information
Type: Bedroom 2
Level: First

Room 4 Information
Type: Kitchen
Level: First

Interior Features
# of Rooms: 4
Interior Features: 1st Floor Primary Bedroom w/Bath, Elevator Passenger, One-Floor Living, Storage, Walk-In Closet(s)
Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
Flooring: Tile, Wood
Other Equipment: Cable, Internet Access Available

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Steel Frame, Brick, Clapboard
Roof: Flat, Membrane
Total Building Area (Sq. Ft.): 1,510
Building Area Source: Seller

Property Information
Property Sub Type: Condominium
Year Built: 2024
Above-Grade Finished Area (Sq. Ft.): 1,510
Green Water Conservation: Air Exchanger

Lot Information
Lot Size Source: Public Records
Lot Features: Intown, Near Shopping, Near Turnpike/Interstate, Sidewalks
Road Surface Type: Paved
Zoning: Mixed Use

Subdivision Information
Subdivision Name: Hobson's Landing

Financial

Tax Information
Annual Tax Amount: $14,637
Tax Year: 25

Utilities

Utility Information
Has Heating
Heating: Heat Pump, Zoned, Radiant
Has Cooling
Cooling: Central Air
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Gas

Location

Multi-Unit Information
# of Units in Community: 64

HOA Information
Has Association
Association Fee: $570.28
Association Fee Frequency: Monthly
Pets Allowed: 2 Pets

Location Information
Unparsed Address: 387 Commercial Street 430, Portland, ME 04101
Directions: On Commercial Street between High and Maple.

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,510
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2024
Year Renovated: —
County: Cumberland County
APN: 23460948

Home facts updated by county records on Jul 27, 2026

About this building

3 for sale

387 Commercial St, Portland, ME 04101

See photos & sale trends

Photo via 387 Commercial St #432

Units for sale


432	$769,000	1 bed	1 bath	1043 sq ft
535	$850,000	2 beds	2 baths	1115 sq ft
322	$1,550,000	3 beds	2 baths	1549 sq ft

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.5mi

3/10

Deering High School

Public 9-12 • Assigned • 2.4mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Portland, ME • 04101

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

$1.34M – $1.63M

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Nearby similar homes

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New listings for sale in 04101

$595,000

2 beds2 baths1,730 sq ft

45 Eastern Promenade Unit 8F & 8G, Portland, ME 04101

$1,172,000

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12 North St, Portland, ME 04101

$785,000

2 beds2 baths1,341 sq ft

61 Montreal St #3, Portland, ME 04101

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124 Sherman St, Portland, ME 04101

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3D WALKTHROUGH

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OPEN SAT, 11AM TO 1PM

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Home values near 387 Commercial St #430

Data from public records.

Address	Redfin Estimate
387 Commercial Street Unit 322, Portland, ME 3 Beds \| 2 Baths \| 1549 Sq. Ft.	$1,527,831
387 Commercial Street Unit 707, Portland, ME 3 Beds \| 2.5 Baths \| 2031 Sq. Ft.	$2,788,789

Address	Redfin Estimate
387 Commercial Street Unit 325, Portland, ME 2 Beds \| 2 Baths \| 1648 Sq. Ft.	$1,125,614
387 Commercial Street Unit 527, Portland, ME 2 Beds \| 2 Baths \| 1601 Sq. Ft.	$1,654,005

Address	Redfin Estimate
387 Commercial Street Unit 617, Portland, ME 3 Beds \| 2.5 Baths \| 1711 Sq. Ft.	$1,724,770
387 Commercial Street Unit 208, Portland, ME 2 Beds \| 2 Baths \| 1592 Sq. Ft.	$1,135,229

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

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