OFF MARKET

Off market nov 2024 for $679K

$649,931

•

1,214

sq ft

40 Portland Pier #12, Portland, ME 04101

About this home

Experience the best of Old Port living in this exceptional 2-bedroom, 2-bath condominium at 40 Portland Pier. Pull your boat right up to the shared association dock! This top-floor unit provides sweeping views of Casco Bay from every window, allowing you to enjoy both stunning sunrises and sunsets. The spacious living room offers a cozy gas fireplace, built-in shelving, and large windows that flood the space with natural light. Both bedrooms feature walk-in closets with custom shelving and drawers, while the fully renovated kitchen is equipped with new appliances, granite countertops, and under-cabinet lighting. The entire condo has been freshly painted. Convenience abounds with a washer and dryer in the unit, ducted heat pumps for efficient heating and cooling, and your own reserved spot in the on-site garage with plenty of paid parking for guests nearby. The building offers elevator access and automatic garage doors. Located in the heart of Portland's thriving waterfront, you'll be steps from award-winning restaurants, local shops, and the city's vibrant arts and culture scene. Enjoy year-round events including concerts, festivals, and outdoor activities like the Eastern Trail. A true gem in Portland's competitive market, this is a rare opportunity to own in a highly sought-after waterfront building.

CondoProperty Type

1988Year Built

$535Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Bailey Pate • Maine Real Estate Co

Bought with Lisa Deering • EXP Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1603824

Redfin Estimate

$649,931

$30K since sold in November 2024$10K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 26.3% lower than the average sale price ($882K) of 6 comparable homes.

SOLD JUN 1, 2026
$825,000
A
2 beds2 baths1,324 sq ft
201 Chandlers Wharf #201, Portland, ME 04101
SOLD JUN 30, 2026
$725,000
B
2 beds2 baths1,216 sq ft
22 Hancock St #303, Portland, ME 04101
SOLD SEP 18, 2026
$850,000
C
2 beds2 baths1,150 sq ft
99 Federal St #209, Portland, ME 04101
SOLD JUL 9, 2026
$740,000
D
2 beds2 baths1,325 sq ft
22 Hancock St #201, Portland, ME 04101
SOLD JUN 16, 2026
$905,000
E
2 beds2 baths1,269 sq ft
166 Fore St #32, Portland, ME 04101
SOLD AUG 7, 2026
$1,245,000
F
2 beds2 baths1,295 sq ft
383 Commercial St #401, Portland, ME 04101

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Earn from this home

Sell

$85,540

Est. take-home

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Rent

$4,686/mo

Redfin rental estimate

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Market trends in 04101, ME

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.7%

0.3% MoM

Median sale price

$700K

$25K MoM

Avg. days on market

62d

25 days MoM

Recently sold homes

4 MoM

New listings for sale

OPEN TODAY, 10AM TO 12PM
$1,475,000
8 beds5 baths5,240 sq ft
19-21 Sherman St, Portland, ME 04101
OPEN TODAY, 12PM TO 2PM
$699,900
2 beds2 baths1,054 sq ft
45 Eastern Promenade Unit 10 C, Portland, ME 04101
$995,000
3 beds1.5 baths3,416 sq ft
34-38 High St, Portland, ME 04101
$447,500
1 bed1 bath820 sq ft
150 Middle St Unit 4J, Portland, ME 04101
$375,000
1 bed1 bath623 sq ft
15 Middle St #305, Portland, ME 04101
$595,000
3 beds2 baths1,382 sq ft
13 Atlantic St #1, Portland, ME 04101
See all

Provided by Redfin

Sale history for 40 Portland Pier #12

Date

Event

Price

MREIS #1603824

Nov 1, 2024

Sold

$679,999

$560/sq ft

Sep 29, 2024

Price Changed

$679,999

$560/sq ft

Sep 15, 2024

Listed

$699,999

$577/sq ft

MREIS #1598058

Aug 27, 2024

Price Changed

$710,000

$585/sq ft

Aug 14, 2024

Price Changed

$729,000

$600/sq ft

Jul 24, 2024

Listed

$739,000

$609/sq ft

MREIS #1586174

Apr 11, 2024

Listed

$699,000

$576/sq ft

MREIS #1575143

Jan 20, 2024

Price Changed

$749,000

$617/sq ft

Oct 17, 2023

Listed

$795,000

$655/sq ft

MREIS #1112651

Nov 21, 2013

Sold

$398,000

$328/sq ft

MREIS #989049

Aug 20, 2010

Listed

$498,000

$410/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$7,004 (+4.2%)

$93,320 + $373,280

$466,600

2023

$6,724 (+5.9%)

$93,320 + $373,280

$466,600

2022

$6,350 (+4.8%)

$93,320 + $373,280

$466,600

2021

$6,061 (−14.2%)

$93,320 + $373,280

$466,600

2020

$7,068

$60,600 + $242,600

$303,200

2019

$7,068 (+3.7%)

$60,600 + $242,600

$303,200

2018

$6,816 (+3.8%)

$60,600 + $242,600

$303,200

2017

$6,564 (+2.5%)

$60,600 + $242,600

$303,200

2016

$6,401 (+2.3%)

$60,600 + $242,600

$303,200

2015

$6,255 (+3.1%)

$60,600 + $242,600

$303,200

2014

$6,064

$60,600 + $242,600

$303,200

Tax history for 40 Portland Pier #12

Year

Property tax

Land + Additions

Assessment*

2024

$7,004 (+4.2%)

$93,320 + $373,280

$466,600

2023

$6,724 (+5.9%)

$93,320 + $373,280

$466,600

2022

$6,350 (+4.8%)

$93,320 + $373,280

$466,600

2021

$6,061 (−14.2%)

$93,320 + $373,280

$466,600

2020

$7,068

$60,600 + $242,600

$303,200

2019

$7,068 (+3.7%)

$60,600 + $242,600

$303,200

2018

$6,816 (+3.8%)

$60,600 + $242,600

$303,200

2017

$6,564 (+2.5%)

$60,600 + $242,600

$303,200

2016

$6,401 (+2.3%)

$60,600 + $242,600

$303,200

2015

$6,255 (+3.1%)

$60,600 + $242,600

$303,200

2014

$6,064

$60,600 + $242,600

$303,200

*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.

1,214

Year built

1988

Style

Condo/Co-op

County

Cumberland County

APN

112201

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

WCZ

DEOZ

Waterfront Central Zone

The Waterfront Central Zone was created to protect and nurture water-dependent and marine-related support uses so that they may grow and prosper in the present and into the future in an environment and area dedicated to this purpose. The following priority of uses is recognized: The first priority of this zone is to protect and nurture existing and potential water-dependent uses in a setting that enforces their continued economic viability.; The second priority is to encourage other marine and marine-related support uses so long as they do not interfere with water-dependent uses, either directly by displacement or indirectly by placing incompatible demands on the zone’s infrastructure.; Non-marine uses are encouraged provided that they do not interfere with and are not incompatible with first and second priority uses. Non-marine uses are beneficial to the waterfront economy because they provide the financial return to property owners necessary for the maintenance and improvement of the marine infrastructure.

Zone overlays

Permitted uses

Include but are not limited to:

Office
Research & development
Educational/school
Park & open space

Property details

Parking

Parking Information
Has Garage
Attached Garage: Yes
# of Garage Spaces: 1
Parking Features: Reserved Parking, Basement, 1 - 4 Spaces, Common, On Site, Inside Entrance, Off Street, Underground
Vehicle Storage: 1 Car, Attached, Direct Entry to Living, Underground, Basement

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Bedroom 2
Level: Second
Features: Full Bath, Jetted Tub, Walk-In Closet(s)

Room 2 Information
Type: Living Room
Level: Second
Features: Built-Ins, Gas Fireplace

Room 3 Information
Type: Kitchen
Level: Second

Room 4 Information
Type: Bedroom 1
Level: First
Features: Built-Ins, Full Bath, Soaking Tub, Walk-In Closet(s)

Interior Features
# of Rooms: 4
Interior Features: Walk-in Closets, Elevator Passenger, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Storage, Primary Bedroom w/Bath
Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
Accessibility Features: Elevator/Chair Lift, Level Entry
Flooring: Wood, Tile
Other Equipment: Internet Access Available

Laundry Information
Laundry Features: Upper Level, Washer Hookup

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Brick, Steel Frame
Foundation Details: Pillar/Post/Pier, Slab
Roof: Membrane, Metal
Total Building Area (Sq. Ft.): 1,214
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Condominium
Year Built: 1988
Above-Grade Finished Area (Sq. Ft.): 1,214
Levels: Multi-Level

Lot Information
Lot Size Source: Deed
Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Road Surface Type: Paved
Zoning: WCZ Waterfront

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

Financial

Tax Information
Annual Tax Amount: $6,724
Tax Year: 2023

Utilities

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

Location

Multi-Unit Information
# of Units in Community: 20

HOA Information
Has Association
Association Fee: $817.51
Association Fee Frequency: Monthly

Location Information
Unparsed Address: 40 Portland Pier 12, Portland, ME 04101
Directions: GPS Friendly

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,214
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1988
Year Renovated: —
County: Cumberland County
APN: 112201

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.9mi

3/10

Deering High School

Public 9-12 • Assigned • 2.5mi

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 87° expected this year, 18 days in 30 years

7/10 Wind Factor

79% 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 • 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

$618,000 – $748,000

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Home values near 40 Portland Pier #12

Data from public records.

Address	Redfin Estimate
40 Portland Pier #15, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$373,404
40 Portland Pier #20, Portland, ME 1 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$526,077

Address	Redfin Estimate
40 Portland Pier #3, Portland, ME 3 Beds \| 3 Baths \| 1404 Sq. Ft.	$702,994
40 Portland Pier #16, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$438,295

Address	Redfin Estimate
40 Portland Pier #14, Portland, ME 2 Beds \| 2 Baths \| 1196 Sq. Ft.	$628,512
40 Portland Pier #6, Portland, ME 3 Beds \| 3 Baths \| 1562 Sq. Ft.	$809,305

Property information provided by MREIS when last listed in 2024. This data may not match . Learn more.

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