OFF MARKET

Off Market Aug 2025 for $700K

$709,085

•

2,543

sq ft

48 Ridge Rd #3, Portland, ME 04103

About this home

Experience elevated coastal living at Ocean Ridge in this fully upgraded, turnkey townhome with panoramic views of Casco Bay and the coastline from nearly every room. The open-concept main level is flooded with natural light through expansive windows and features a brand-new kitchen with modern finishes and premium appliances. Upstairs, the top-floor primary suite offers a serene retreat with a sunrise-facing sitting area, a luxurious, fully remodeled bathroom and California closets. The walk-out lower level is equally impressive, boasting extensive custom built-in cabinetry, a full bathroom, and a Murphy bed—ideal for guests or flexible living. Efficient heat pumps provide year-round heating and cooling. With every upgrade thoughtfully executed and just minutes from Portland's vibrant dining, shopping, and outdoor recreation, this home offers the perfect blend of comfort, style, and low-maintenance living.

CondoProperty Type

2004Year Built

$279Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Elise Loschiavo • Vitalius Real Estate Group, LLC

Bought with Sophia Rosendo Sierra Boler • Portside Real Estate Group

Redfin checked: 2 minutes ago

•Source:MREIS #1619350

Redfin Estimate

$709,085

$9,085 since sold in August 2025$25K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.3% lower than the average sale price ($733K) of 6 comparable homes.

SOLD DEC 30, 2025
$655,000
A
3 beds3.5 baths2,543 sq ft
11 Osprey Ter #11, Portland, ME 04103
SOLD AUG 12, 2026
$520,000
B
3 beds2 baths1,459 sq ft
115 Delaware Ct #115, Portland, ME 04103
SOLD JUL 8, 2026
$1,297,500
C
3 beds3 baths3,509 sq ft
34 Marigold Ln, Falmouth, ME 04105
SOLD FEB 24, 2026
$705,000
D
3 beds2.5 baths2,145 sq ft
42 True St Unit B, Portland, ME 04103
SOLD JUN 23, 2026
$661,000
E
2 beds2.5 baths1,855 sq ft
14 Wildwood Cir #14, Portland, ME 04103
SOLD SEP 30, 2025
$560,000
F
3 beds2.5 baths1,943 sq ft
95 Ridge Rd #22, Portland, ME 04103

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Earn from this home

Sell

$116,299

Est. take-home

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Rent

$3,531/mo

Redfin rental estimate

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Market trends in 04103, ME

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.7%

+1.3% MoM

Median sale price

$560K

$32K MoM

Avg. days on market

15d

18 days MoM

Recently sold homes

32 MoM

New listings for sale

NEW 7 HRS AGO
$699,999
4 beds3.5 baths2,518 sq ft
64 Tarbell Ave, Portland, ME 04103
$469,900
3 beds2 baths1,035 sq ft
566 Washington Ave, Portland, ME 04103
$349,000
2 beds1.5 baths1,125 sq ft
99 Northwood Dr #99, Portland, ME 04103
$525,000
3 beds2 baths2,035 sq ft
21 Belfort St, Portland, ME 04103
$1,500,000
4 beds3 baths3,971 sq ft
103 Read St, Portland, ME 04103
$949,000
4 beds2 baths1,808 sq ft
13 Wellington Rd, Portland, ME 04103
$995,000
4 beds1.5 baths1,692 sq ft
93 Parsons Rd, Portland, ME 04103
$735,000
3 beds1.5 baths1,861 sq ft
26 Adelaide St, Portland, ME 04103
$1,100,000
5 beds3.5 baths3,190 sq ft
68 Graystone Ln, Portland, ME 04103
$1,349,000
7 beds4 baths5,003 sq ft
381 Deering Ave, Portland, ME 04103
See all

Provided by Redfin

Sale history for 48 Ridge Rd #3

Date

Event

Price

MREIS #1619350

Aug 17, 2025

Sold

$700,000

$275/sq ft

Jun 19, 2025

Price Changed

$725,000

$285/sq ft

May 15, 2025

Price Changed

$775,000

$305/sq ft

Apr 21, 2025

Listed

$825,000

$324/sq ft

MREIS #1233345

Dec 18, 2015

Sold

$380,000

$149/sq ft

Sep 5, 2015

Price Changed

$399,000

$157/sq ft

Aug 18, 2015

Listed

$409,900

$161/sq ft

+22

MREIS #1009090

Sep 23, 2011

Sold

$342,900

$135/sq ft

Apr 14, 2011

Listed

$344,900

$136/sq ft

+19

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cumberland County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 25, 2022.

Property details

Parking

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

Interior

Bathroom Information
# of Baths (1/2): 1
# of Baths (Full): 3

Room 1 Information
Type: Primary Bedroom
Level: Upper
Features: Closet, Full Bath, Vaulted Ceiling(s), Walk-In Closet(s)

Room 2 Information
Type: Bedroom 2
Level: Second
Features: Closet

Room 3 Information
Type: Dining Room
Level: First
Features: Dining Area

Room 4 Information
Type: Living Room
Level: First
Features: Gas Fireplace

Room 5 Information
Type: Bedroom 1
Level: Second
Features: Closet

Room 6 Information
Type: Family Room
Level: Basement

Room 7 Information
Type: Kitchen
Level: First

Basement Information
Basement Entry: Interior, Walk-Out Access, Daylight, Finished, Full

Interior Features
# of Rooms: 7
Interior Features: Walk-in Closets, Bathtub, Shower, Primary Bedroom w/Bath
Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
Door Features: Storm Door(s)
Window Features: Double-Pane Windows, Low-Emissivity Windows
Flooring: Wood, Tile, Carpet

Laundry Information
Laundry Features: Upper Level, Washer Hookup

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Composition, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Building Area (Sq. Ft.): 2,543
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck, Patio

Property Information
Property Sub Type: Condominium
Security Features: Sprinkler
Year Built: 2004
Above-Grade Finished Area (Sq. Ft.): 1,943
Below-Grade Finished Area (Sq. Ft.): 600
Green Energy Efficient: HVAC

Lot Information
Lot Size Source: Public Records
Lot Features: Well Landscaped, Rolling/Sloping, Open, Level, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided, Suburban, Near Railroad
Road Frontage Type: Private Road
Road Surface Type: Paved
Zoning: Condo

Waterfront Information
Water Body Name: Casco Bay
Water Body Type: Bay
Water View: Yes

Subdivision Information
Subdivision Name: Ocean Ridge Condominiums

Financial

Tax Information
Annual Tax Amount: $6,526
Tax Year: 2024

Utilities

Utility Information
Has Heating
Heating: Heat Pump, Forced Air
Has Cooling
Cooling: Heat Pump, Central Air
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas

Location

Multi-Unit Information
# of Units in Community: 4

HOA Information
Has Association
Association Fee: $560
Association Fee Frequency: Monthly
Pets Allowed: Other Restrictions

Location Information
Unparsed Address: 48 Ridge Road 3, Portland, ME 04103
Directions: Take Ocean Ave North, left on Ridge Road, property in first set of buildings on left.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cumberland County
APN: —

Home facts updated by county records on Apr 25, 2022

Around this home

Schools

Presumpscot School

Public PreK-5 • Assigned • 0.8mi

5/10

Lyman Moore Middle School

Public 6-8 • Assigned • 1.4mi

4/10

Portland High School

Public 9-12 • Assigned • 2.5mi

4/10

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

3/10 Heat Factor

6 days above 87° expected this year, 14 days in 30 years

6/10 Wind Factor

61% 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.4 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$674,000 – $816,000

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Nearby similar homes

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207 Fore St #10, Portland, ME 04101

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New listings for sale in 04103

NEW 7 HRS AGO

$699,999

4 beds3.5 baths2,518 sq ft

64 Tarbell Ave, Portland, ME 04103

$469,900

3 beds2 baths1,035 sq ft

566 Washington Ave, Portland, ME 04103

$349,000

2 beds1.5 baths1,125 sq ft

99 Northwood Dr #99, Portland, ME 04103

$525,000

3 beds2 baths2,035 sq ft

21 Belfort St, Portland, ME 04103

$1,500,000

4 beds3 baths3,971 sq ft

103 Read St, Portland, ME 04103

$949,000

4 beds2 baths1,808 sq ft

13 Wellington Rd, Portland, ME 04103

$995,000

4 beds1.5 baths1,692 sq ft

93 Parsons Rd, Portland, ME 04103

$735,000

3 beds1.5 baths1,861 sq ft

26 Adelaide St, Portland, ME 04103

$1,100,000

5 beds3.5 baths3,190 sq ft

68 Graystone Ln, Portland, ME 04103

Home values near 48 Ridge Rd #3

Data from public records.

Address	Redfin Estimate
56 Ridge Rd, Portland, ME 3 Beds \| 3.5 Baths \| 1943 Sq. Ft.	$562,886
48 Ridge Rd, Portland, ME 3 Beds \| 3.5 Baths \| 1943 Sq. Ft.	$564,618

Address	Redfin Estimate
44 Ridge Rd, Portland, ME 3 Beds \| 3.5 Baths \| 1943 Sq. Ft.	$565,675
54 Ridge Rd, Portland, ME 3 Beds \| 3.5 Baths \| 1943 Sq. Ft.	$572,059

Address	Redfin Estimate
60 Ridge Rd, Portland, ME 2 Beds \| 3.5 Baths \| 1943 Sq. Ft.	$555,800
46 Ridge Rd, Portland, ME 3 Beds \| 3.5 Baths \| 1943 Sq. Ft.	$554,422

Property information provided by MREIS when last listed in 2025. This data may not match . Learn more.

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