Some homes provide a place to stay. Others become the place everyone wants to gather. Perched on the cherished north end of Peaks Island, just moments from the shoreline of Casco Bay, 45 Centennial Street is one of those rare places where the pace slows, memories are made and every season brings something worth looking forward to. Mornings begin with coffee on the second-floor balcony as the sun rises over the bay. Days are spent exploring the water or wandering quiet island roads. Evenings end beneath brilliant stars, the harbor replacing the noise of everyday life. Originally built in 1900 and thoughtfully updated, this year-round New Englander blends historic charm with contemporary comfort. Rich wood floors, a granite kitchen, open living and dining spaces, inviting bedrooms including a classic bunkroom, an updated bath and efficient heat pumps create a home that is as comfortable in January as it is during the height of summer. Outside, a workshop shed opens up possibilities for artists, makers, remote work, storage or weekend projects. Mooring opportunities are available by application through the Portland Harbormaster, while nearby kayaking, boating and fishing make the water an extension of your backyard. Minutes bring you to the ferry, local cafés, lobster rolls, tennis courts, live music and the welcoming village that has made Peaks Island one of Maine's most treasured communities. Offered fully furnished, 45 Centennial Street isn't simply move-in ready, it's ready to be lived in from the moment you arrive. Whether you're searching for a year-round home, a seasonal retreat or a gathering place for the people who matter most, see what island living feels like from the inside.
Single-familyProperty Type
1900Year Built
3,049 sq ftLot Size
$652Price/Sq.Ft.
Listed by Coleen Smith• Portside Real Estate Group
Peaks Island, located between Casco Bay and Portland Harbor, is a coastal and village-like Portland neighborhood with a working waterfront and wooded lanes. The island’s character concentrates around the Peaks Island Ferry Landing and the stretch of Island Avenue lined with porch-front cottages, bike rentals, and small cafes. Community pillars include the Fifth Maine Regiment Museum, the Peaks Island House, and the Inn on Peaks Island. Narrow roads loop past rocky coves, pocket beaches, and weathered docks, with golf carts and bicycles setting the pace. Architecture leans toward shingled cottages and classic New England summer homes, with salt-air patina and tidy gardens. Trails and shoreline paths frame daily routines around ferry schedules and long water views.
Provided by Walk Score and Local Logic
Offer insights
45 Centennial St · $899,000
$898K and above
75% chance or better to win
Why $898K+ is a strong offer
DAYS ON MARKET
30 days
The average home goes pending in 26 days.
SALE-TO-LIST
101.0%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Seven total rooms
Furnished
Interior basement entry with walk-out access and a full basement equipped with a sump pump
Bedrooms
Primary bedroom on the second floor
Bedroom 1 on the second floor
Bedroom 2 on the second floor with built-ins and a balcony/deck
An additional room on the first floor (other room)
Bathrooms
Two full bathrooms
Kitchen
Kitchen on the first floor with an island
Dishwasher
Electric range
Microwave
Refrigerator
Laundry & utility
Washer
Dryer
Flooring
Tile flooring
Wood flooring
Heating & cooling
Heating: Baseboard, Heat Pump, Hot Water
Cooling: Heat Pump
Electrical: Circuit breakers
Exterior features
Deck and patio
Shed(s)
Near public beach
Located in a neighborhood on a corner lot with level terrain
Paved and dirt road access
Water view of Diamond Passage/Casco Bay (ocean/bay); property is on an island
Home design
Single family residence
Built in 1900
Pitched shingle roof
Wood frame construction with wood siding
Parking
No driveway; on-site parking available
Construction
Wood frame with wood siding
Pitched shingle roof
Utilities
Public water
Public sewer
Utilities currently on
Water heater off heating system
Electricity and solar
View estimated energy costs and solar savings for this home
Peaks Island distinctive, custom-crafted, renovated home. The property is just steps to Centennial Beach, boat ramp, and mooring. No shortage of sun here -- enjoy the best Maine has to offer indoors or outdoors. Slip away by watching the magical colors of the rising sun or the calming tones of the sunsets from the first-floor sitting room or the second-floor balcony. Included with the property is a working shed and studio shed. In addition to all this, there are extra lots included at no additional cost as lots 87-V-4-5-6 are also being conveyed. It's a great green space that can be used for recreation, arts and crafts, gardening, family and friends gatherings, parking, etc. See you there!
MREIS #1366948
Mar 27, 2019
Price Changed
$589,000
$427/sq ft
Mar 14, 2019
Price Changed
$625,000
$453/sq ft
Nov 11, 2018
Price Changed
$645,000
$468/sq ft
Aug 22, 2018
Listed
$665,000
$482/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$8,240 (+4.2%)
$263,700 + $285,300
$549,000
2023
$7,911 (+7.6%)
$263,700 + $285,300
$549,000
2022
$7,351 (+4.8%)
$263,700 + $276,400
$540,100
2021
$7,016 (−3.1%)
$263,700 + $276,400
$540,100
2020
$7,240
$192,500 + $118,100
$310,600
2019
$7,240 (+3.7%)
$192,500 + $118,100
$310,600
2018
$6,982 (+3.8%)
$192,500 + $118,100
$310,600
2017
$6,724 (+2.5%)
$192,500 + $118,100
$310,600
2016
$6,557 (+2.3%)
$192,500 + $118,100
$310,600
2015
$6,408 (+3.2%)
$192,500 + $118,100
$310,600
2014
$6,212
$192,500 + $118,100
$310,600
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,208
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,208
Year built
1900
Style
Single Family Residential
County
Cumberland County
APN
117219
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 12, 2023 • Final
Hvac
Work on a single-family home.
HVAC
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.
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
72% 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
68
57
74
63
73
61
68
56
59
46
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 45 Centennial St
$882,111
$17K under list price of $899K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $525K to $850K.