A beautiful backyard retreat, sun-filled living spaces, and a location in one of Portland's most loved neighborhoods make 40 Austin Street a home with so much to offer! Thoughtfully updated and tucked into the heart of Back Cove, this inviting property features four spacious bedrooms plus a versatile fifth room, perfect for a home office, guest space, or additional bedroom. Inside, you'll find an updated kitchen with granite countertops, a convenient first-floor primary bedroom, and a spacious living room complemented by an additional sunken living area, offering plenty of room to relax and entertain. Upstairs, four generously sized bedrooms feature beautiful new hardwood floors, along with a newer bathroom. With spacious rooms throughout, this home offers flexibility and comfort for a variety of lifestyles. The immaculate basement provides excellent potential for additional finished space, whether you envision a home gym, playroom, music room, or woodworking workshop. A large, one-car garage adds valuable storage and convenience. Outside, the beautifully landscaped and private backyard feels like an oasis of its own, featuring lovely hardscaping and a patio perfect for summer dinners, entertaining friends, or enjoying a quiet morning coffee. Seasonal water views from the bedroom add an extra touch of charm. All of this is just moments from Payson Park, the Back Cove Trail, neighborhood favorites, and Portland's fantastic restaurants and shops. With its inviting living spaces, versatile layout, private backyard, and desirable Back Cove location, 40 Austin Street is a special opportunity to enjoy the very best of Portland living!
Single-familyProperty Type
1985Year Built
0.27 acresLot Size
$448Price/Sq.Ft.
1 car garageParking
Listed by Sarah Delisle Courtney Sweeton• Portside Real Estate Group
Back Cove, located between the Back Cove shoreline and I-295, is a residential and waterfront Portland neighborhood with a 3.6-mile trail loop and broad bay views. The neighborhood’s character concentrates along Forest Avenue near Woodford Street, where corner markets, coffee counters, and long-running local eateries set a steady, everyday rhythm. Triple Espresso anchors the caffeine routine, while Woodford Food & Beverage and The Great Lost Bear serve as familiar gathering rooms. Housing leans toward early-20th-century capes and colonials, with pockets of mid-century apartments. The Back Cove Trail frames morning runs, stroller walks, and sunset laps. Tree-lined blocks meet working streets, giving the area a practical, lived-in feel.
Provided by Walk Score and Local Logic
Offer insights
40 Austin St · $850,000
$876K and above
75% chance or better to win
Why $876K+ is a strong offer
DAYS ON MARKET
7 days
The average home goes pending in 40 days.
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Eight rooms
Finished full basement with bulkhead access
Bedrooms
Four bedrooms: one on the first floor and three on the second floor
Bathrooms
Two full bathrooms
Kitchen
Dishwasher, microwave, electric range, and refrigerator
Laundry & utility
Washer and dryer
Laundry on the main level
Flooring
Carpet, laminate, and wood flooring
Heating & cooling
Baseboard heating
Exterior features
Patio
Fenced yard
Shed
Seasonal water view of Back Bay
Home design
Single-family residence
Multi-level
Parking
Attached one-car garage
Paved parking
Construction
Built in 1985
Wood-frame construction with vinyl siding
Shingle roof
Utilities
Public water
Public sewer
Circuit breakers
Electric water heater
HOA & community
No pet restrictions
Electricity and solar
View estimated energy costs and solar savings for this home
The Back Cove in Portland, Maine is one of the most desired locations to live in the state. This home offers a beautifully landscaped backyard, private patio, brand new bathrooms, new kitchen with granite countertops, five bedrooms, seasonal ocean views, and a first floor master bedroom. The home is situated in a quaint neighborhood close to Payson Park, several jogging/walking trails and a wide variety of shopping and restaurants. Whether you are starting a family or working from home, this home offers the convenience and beauty of living in Portland. https://properties. 3dmaine.com/v2/40-austin-st-portland-me-04103-us-554386/branded
Year
Property tax
Land + Additions
Assessment*
2024
$8,358 (+4.2%)
$168,400 + $388,400
$556,800
2023
$8,023 (+5.9%)
$168,400 + $388,400
$556,800
2022
$7,578 (+4.8%)
$168,400 + $388,400
$556,800
2021
$7,233 (+5.9%)
$168,400 + $388,400
$556,800
2020
$6,827
$132,700 + $160,200
$292,900
2019
$6,827 (+4.1%)
$132,700 + $160,200
$292,900
2018
$6,557 (+3.8%)
$132,700 + $159,000
$291,700
2017
$6,315 (+2.5%)
$132,700 + $159,000
$291,700
2016
$6,158 (+2.3%)
$132,700 + $159,000
$291,700
2015
$6,018 (+3.2%)
$132,700 + $159,000
$291,700
2014
$5,834
$132,700 + $159,000
$291,700
Public record
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
—
Finished Sq. Ft.
1,896
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,896
Year built
1985
Style
Single Family Residential
County
Cumberland County
APN
120628
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
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 88° expected this year, 17 days in 30 years
6/10 Wind Factor
60% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04103
Average low and high temperatures (°F)
30
16
33
15
44
28
53
37
64
48
76
57
81
63
78
58
72
54
62
43
49
33
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 40 Austin St
$855,477
$5,477 over list price of $850K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $600K to $855K.