OFF MARKET

Off Market Jan 2025 for $825K

$776,236

•

2,543

sq ft

54 Ridge Rd #5, Portland, ME 04103

About this home

This freshly painted, like new , end unit is a must see. All four levels have water views of the Casco Bay as well as a wooded back yard. A wrap around porch, private back yard patio, and deck off the living room provide multiple outside options. One cozy fireplace in the living room perfect for the winter months. Hardwood floors throughout the living areas with tile in the bathrooms. Large walk in closets in all three bedrooms. Primary suite with bathroom on the whole top level. The primary suite bathroom has a soaking tub and stand up shower. The finished basement with its own private entry could serve as office, second living room, or a multi use area of your needs. Brand new luxury vinyl plank basement floors. One car garage with parking outside as well. Sidewalks to Ocean in a very quiet neighborhood. Minutes from Falmouth and downtown Portland. Schedule a private showing today.

CondoProperty Type

2004Year Built

$305Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Heather Anderson • Portside Real Estate Group

Bought with Kate Huntress • U&R Real Estate

Bought with • U&R Real Estate

Redfin checked: 4 minutes ago

•Source:MREIS #1609040

Redfin Estimate

$776,236

$49K since sold in January 2025$9,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.9% higher 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

$88,595

Est. take-home

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Rent

$3,555/mo

Redfin rental estimate

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Market trends in 04103, ME

Last updated August 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

OPEN THU, 5PM TO 6:30PM
$475,000
3 beds1 bath1,072 sq ft
691 Washington Ave, Portland, ME 04103
$359,900
2 beds1.5 baths1,123 sq ft
1326 Forest Ave #12, Portland, ME 04103
$699,000
4 beds2 baths2,184 sq ft
436 Woodford St, Portland, ME 04103
$369,000
2 beds1.5 baths1,854 sq ft
423 Allen Ave, Portland, ME 04103
$775,000
4 beds1.5 baths1,354 sq ft
27 Berkeley St, Portland, ME 04103
OPEN SAT, 11AM TO 1PM
$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
See all

Provided by Redfin

Sale history for 54 Ridge Rd #5

Date

Event

Price

MREIS #1609040

Jan 2, 2025

Sold

$825,000

$324/sq ft

Nov 8, 2024

Listed

$825,000

$324/sq ft

MREIS #1543313

Nov 16, 2022

Sold

$670,000

$263/sq ft

Sep 16, 2022

Listed

$695,000

$273/sq ft

+59

Undoubtedly, one of the finest homes at Ocean Ridge! This stylized home is most elegant and welcoming in like-new condition. Enjoy private outside spaces with a large wrap-around porch, a good-sized deck off the living room and wonderful garden patio off from the lower level. This gracious end unit affords both ocean views and peaceful woods views, gleaming wood floors on three of the four levels, with crown moldings, a unique cozy gas fireplace and lots of windows! The rooms have been warmly painted and are rightly sized. This condo unit lives like a single-family home but without any of the exterior maintenance! The lower-level space has a private entry, full bath and it great as an in-home office, work studio, or gathering room. There is also a fabulous oversized primary suite on the top floor with a private bath, offering a soaking tub and separate shower. Tons of storage both in the units' many closets and in the attached garage. This is a rare opportunity for the discerning buyer!

MREIS #1452282

Jun 22, 2020

Sold

$450,000

$177/sq ft

May 15, 2020

Listed

$449,999

$177/sq ft

+38

MREIS #1054765

Oct 12, 2012

Sold

$345,000

$136/sq ft

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 Nov 29, 2021.

Property details

Parking

Parking Information
Has Garage
Attached Garage: Yes
# of Garage Spaces: 1
Parking Features: Auto Door Opener, Reserved Parking, 1 - 4 Spaces, Paved, Common
Vehicle Storage: 1 Car, Attached, Auto Door Opener

Interior

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

Room 1 Information
Type: Living Room
Level: First

Room 2 Information
Type: Bedroom 1
Level: Second

Room 3 Information
Type: Primary Bedroom
Level: Third

Room 4 Information
Type: Media Room
Level: Basement

Room 5 Information
Type: Kitchen
Level: First

Room 6 Information
Type: Laundry
Level: Second

Room 7 Information
Type: Bedroom 2
Level: Second

Basement Information
Basement Entry: Interior, Walk-Out Access, Finished, Exterior Only

Interior Features
# of Rooms: 7
Interior Features: Walk-in Closets, Bathtub, Pantry, Shower, Primary Bedroom w/Bath
Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
Door Features: Storm Door(s)
Window Features: Double-Pane Windows
Flooring: Wood, Vinyl, Tile
Other Equipment: Air Radon Mitigation System

Laundry Information
Laundry Features: Upper Level

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
# of Buildings: 13
Construction Materials: Clapboard, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Pitched, Shingle
Total Building Area (Sq. Ft.): 2,543
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck, Patio, Porch

Property Information
Property Sub Type: Condominium
Year Built: 2004
Above-Grade Finished Area (Sq. Ft.): 1,727
Below-Grade Finished Area (Sq. Ft.): 816
Levels: Multi-Level
Green Energy Efficient: Thermostat, Smart Electric Meter

Lot Information
Lot Features: Well Landscaped, Corner Lot, Sidewalks, Wooded, Near Turnpike/Interstate, Near Town, Neighborhood
Road Frontage Type: Private Road
Road Surface Type: Paved
Zoning: R3

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

Financial

Tax Information
Annual Tax Amount: $6,658
Tax Year: 2024

Utilities

Utility Information
Has Heating
Heating: Zoned, Heat Pump, Forced Air, Direct Vent Heater
Has Cooling
Cooling: Wall/Window Unit(s), Heat Pump, Central Air
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Tank

Location

Multi-Unit Information
# of Units in Community: 4

HOA Information
Has Association
Association Fee: $530
Association Fee Frequency: Monthly
Pets Allowed: 1 Pet

Location Information
Unparsed Address: 54 Ridge Road 5, Portland, ME 04103
Directions: From Washington Ave, head north one to Ocean Ave. Take left onto Ridge Rd. Top of the hill left to condos #5.

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 Nov 29, 2021

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

Casco Bay High School

Public 9-12 • Assigned • 1.5mi

5/10

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

$738,000 – $893,000

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New listings for sale in 04103

OPEN THU, 5PM TO 6:30PM

$475,000

3 beds1 bath1,072 sq ft

691 Washington Ave, Portland, ME 04103

$359,900

2 beds1.5 baths1,123 sq ft

1326 Forest Ave #12, Portland, ME 04103

$699,000

4 beds2 baths2,184 sq ft

436 Woodford St, Portland, ME 04103

$369,000

2 beds1.5 baths1,854 sq ft

423 Allen Ave, Portland, ME 04103

$775,000

4 beds1.5 baths1,354 sq ft

27 Berkeley St, Portland, ME 04103

OPEN SAT, 11AM TO 1PM

$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

Home values near 54 Ridge Rd #5

Data from public records.

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

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

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

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

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