Conveniently located between the back shore and ''down front, '' this exquisitely preserved 2 BR, 1 BA cottage is a short stroll to beaches, shops, and the ferry landing. Aptly named ''High Point, '' the cottage is perched atop a gorgeous knoll overlooking a carpet of lawn so unaltered it takes us back in time. Retaining its classic, circa 1920 characteristics, the 2-story cottage also boasts numerous important updates (see or request list) - and an unexpected view of the water. Bordered with stone walls and granite curbing, the brand new, oversized paver driveway serves double duty as a gorgeous patio. The cottage may be enjoyed seasonally, April thru mid-October. And if you are seeking a 4-season option, the terraced double lot, with frontage on two roads, offers exciting possibilities. The cheerful interior features a bank of windows, fir flooring, painted and natural wood walls & ceilings, access to a lovely deck. Other features include a flagpole, fir flooring, public water & sewer. The home is an absolute GEM whose charm and attractive price point will undoubtedly capture hearts.
Single-familyProperty Type
1920Year Built
10,018 sq ftLot Size
$752Est. Price/Sq.Ft.
1 spaceParking
Listed by Susan Lessard• Portside Real Estate Group
Bought with John Mullen• Vitalius Real Estate Group, LLC
THE RED COTTAGE: PEAKS ISLAND: An original 1920 seasonal cottage with all the charm and feel of a true Maine island cottage. Nestled in quiet enclave of similar vintage cottages, the location is par to none. A 5 min walk to village and beaches but out of the hubbub. The land terraces down and has a spacious, level front lawn offering some protection of the ocean views. It could use some painting and updating or, simply enjoyed as the current owners have for 30 some years. A great value at $255,000.
Year
Property tax
Land + Additions
Assessment*
2024
$3,946 (+4.2%)
$142,100 + $120,800
$262,900
2023
$3,788 (+5.9%)
$142,100 + $120,800
$262,900
2022
$3,578 (+4.8%)
$142,100 + $120,800
$262,900
2021
$3,415 (−53.3%)
$142,100 + $120,800
$262,900
2020
$7,315
$238,500 + $75,300
$313,800
2019
$7,315 (+3.7%)
$238,500 + $75,300
$313,800
2018
$7,054 (+3.8%)
$238,500 + $75,300
$313,800
2017
$6,794
$238,500 + $75,300
$313,800
Tax history for 39 Meridian St
Year
Property tax
Land + Additions
Assessment*
2024
$3,946 (+4.2%)
$142,100 + $120,800
$262,900
2023
$3,788 (+5.9%)
$142,100 + $120,800
$262,900
2022
$3,578 (+4.8%)
$142,100 + $120,800
$262,900
2021
$3,415 (−53.3%)
$142,100 + $120,800
$262,900
2020
$7,315
$238,500 + $75,300
$313,800
2019
$7,315 (+3.7%)
$238,500 + $75,300
$313,800
2018
$7,054 (+3.8%)
$238,500 + $75,300
$313,800
2017
$6,794
$238,500 + $75,300
$313,800
*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
2
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
10,454 Sq. Ft.
Year renovated
—
Sq. Ft.
693
Year built
1920
Style
Single Family Residential
County
Cumberland County
APN
116706
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: 1 - 4 Spaces, On Site, Off Street
Construction Materials: Wood Siding, Shingle Siding, Wood Frame
Foundation Details: Pillar/Post/Pier
Roof: Shingle
Total Building Area (Sq. Ft.): 723
Building Area Source: Measured
Exterior Features
Patio & Porch Features: Deck, Patio
Property Information
Property Sub Type: Single Family Residence
Year Built: 1920
Above-Grade Finished Area (Sq. Ft.): 723
Lot Information
Lot Size (Sq. Ft.): $10,018.80
Lot Size (Acres): 0.23
Lot Size Source: Public Records
Lot Features: Open, Near Public Beach, Near Shopping, Neighborhood
Road Surface Type: Gravel
Zoning: IR2
Waterfront Information
Island: Yes
Water Body Name: Casco Bay
Water Body Type: Bay, Ocean
Water View: Yes
Financial
Tax Information
Annual Tax Amount: $3,946
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: No Heat System
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 39 Meridian Street, Portland, ME 04108
Directions: A short walk from Ferry Landing: straight up Welch St. bear right onto Orchard, left onto Meridian. Or Welch St, to Island, to New Island (across from Ryefield St).
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 693
Stories: 2.0
Lot Size: 10,454 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Cumberland County
APN: 116706
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Peaks Island School
Public PreK-5 • Assigned • 0.5mi
8/10
Deering High School
Public 9-12 • Assigned • 5.2mi
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
69% 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
$517,000 – $625,000
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