For sale

$395,000

Est. $2,231/mo

Land

•

3,049

sq ft (lot)

62 Waterville St, Portland, ME 04101

About this home

Rare buildable lot on Munjoy Hill! Build your dream home or multi-family/condo project on this +/- 3,393 sf lot in Portland's coveted East End neighborhood. Density allows for up to 4 units and the site offers upper-floor potential for sweeping Casco Bay views to the east and skyline views west over the city. Tucked into an idyllic tree-lined neighborhood and just steps from the Eastern Prom, cafes & restaurants galore, this location is truly unbeatable.

Vacant landProperty Type

3,049 sq ftLot Size

$130Price/Sq.Ft.

1 spaceParking

Listed by Briton Vitalius • Vitalius Real Estate Group, LLC

Listed by Christopher Sullivan • Vitalius Real Estate Group, LLC

Listing updated: Oct 19, 2026 at 10:54am

Redfin checked: a few seconds ago

•Source:MREIS #1673939

Payment calculator

$2,231 per month

Principal and interest$2,156

Property taxes

HOA dues

Home insurance

$76

Utilities

Add

Affordability tools

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Open houses

No upcoming open houses.

Nearby open houses (10)

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1.21 acre lot • 2 garage spots • Built 1950
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4 Willow Ave, Old Orchard Beach, ME 04064
0.34 acre lot • 5 parking spots • Built 1967
OPEN SAT, 10AM TO 12PM
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4 beds2 baths2,182 sq ft
20 Rainbow Farm Rd, Yarmouth, ME 04096
0.55 acre lot • 2 garage spots • Built 1986
OPEN SAT, 11AM TO 1PM
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3 beds2.5 baths2,184 sq ft
22 Fairway Commons Dr #3, Gorham, ME 04038
$375 HOA • Garage • Built 2026
OPEN SAT, 11AM TO 12:30PM
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3 beds1.5 baths1,855 sq ft
31 Saugus St, Portland, ME 04103
0.26 acre lot • Parking • Built 1993
OPEN SAT, 12PM TO 2PM
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5 beds4.5 baths3,591 sq ft
14 Clay Pits Rd, Scarborough, ME 04074
0.64 acre lot • 3 garage spots • Built 1986
OPEN SUN, 10:30AM TO 12PM
$295,000
4 beds1 bath980 sq ft
608 Allen Ave, Portland, ME 04103
0.37 acre lot • Parking • Built 1943
OPEN SUN, 10:30AM TO 12:30PM
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3 beds2 baths1,776 sq ft
67 Overlook Rd, Windham, ME 04062
0.42 acre lot • 2 garage spots • Built 2020
OPEN SUN, 10:30AM TO 12PM
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0.32 acre lot • Parking • Built 1937

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Around this home

Schools

K - 12
Preschool & daycare

East End Community School

Public PreK-5 • Assigned • 0.6mi

2/10

Lyman Moore Middle School

Public 6-8 • Assigned • 3.5mi

4/10

Deering High School

Public 9-12 • Assigned • 2.5mi

2/10

Provided by GreatSchools

About East

End

East End, located between Munjoy Hill and the Old Port, is a residential and waterfront Portland neighborhood with brick rowhouses and harbor-view parks. The neighborhood’s character concentrates around Congress Street near the Eastern Promenade, where corner markets, coffee counters, and small galleries set a steady, walkable rhythm. The Eastern Promenade and Eastern Promenade Trail frame daily routines with Casco Bay breezes and long views. Portland Food Co-op anchors pantry runs with a community-minded feel. The Portland Observatory adds a maritime landmark above the rooftops. Tree-lined blocks mix historic homes with updated apartments, and the shoreline keeps the pace tied to the water.

Provided by Walk Score and Local Logic

Property details

Exterior

Exterior features
Intown location
Near turnpike/interstate
Near town amenities
Level lot
Sidewalks
Paved road

Home design
Located in Munjoy Hill Historic District

Parking
Paved on-site parking with 1–4 spaces

Utilities
Public water
Public sewer

Sale and tax history for 62 Waterville St

Sale History
Tax History

Date

Event

Price

MREIS #1673939

Jul 29, 2026

Listed

$395,000

MREIS #1519965

Jun 27, 2022

Sold

$1,200,000

Feb 17, 2022

Listed

$1,400,000

+13

Brick 6-unit with parking lot and development potential in one of Munjoy Hill's most desirable locations. Waterville Street is known among East End locals for it's quiet nature and neighborhood setting since it is not a pass-through street, and does not connect directly to Congress ST. The 6,400 SF lot is framed by trees, creating a sense of separation and privacy around the paved parking, currently offered to tenants at no charge. The building is a mix of one-bedroom and studio apartments, two of which have benefited from more recent updates, and really show the potential for all of the units. Or, re envision the property as a development opportunity - reconfigure, convert to condos, build new on the parking lot. .. so many possibilities for this Munjoy Hill gem!

Year

Property tax

Land + Additions

Assessment*

2024

$13,626 (+18.5%)

$312,800 + $595,000

$907,800

2023

$11,498 (+5.9%)

$325,300 + $472,600

$797,900

2022

$10,859 (+4.8%)

$321,700 + $476,200

$797,900

2021

$10,365 (+24.4%)

$321,700 + $476,200

$797,900

2020

$8,333

$149,700 + $207,800

$357,500

2019

$8,333 (+3.7%)

$149,700 + $207,800

$357,500

2018

$8,037 (+3.8%)

$149,700 + $207,800

$357,500

2017

$7,740 (+2.6%)

$149,700 + $207,800

$357,500

2016

$7,547 (+2.3%)

$149,700 + $207,800

$357,500

2015

$7,375 (+3.1%)

$149,700 + $207,800

$357,500

2014

$7,150

$149,700 + $207,800

$357,500

Public record

Public record
Zoning
Permits

Beds

Baths

5.5

Stories

Lot width

—

Lot depth

—

Lot size

6,534 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

3,273

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,273

Year built

1874

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

111486

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Residential

To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Lodging & hospitality-Other
Cemetery
Park & open space

Aug 3, 2023 • Final

Commercial/multi family (3+ units) alterations

Perform an interior renovation to convert an existing apartment building from six units to four units. Add a new dormer on the third floor.

Addition

Remodel

Jul 26, 2023 • Final

Plumbing

Install plumbing and plumbing fixtures including toilets, vanities, showers, kitchen sinks, and dishwashers.

Plumbing

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 87° expected this year, 18 days in 30 years

6/10 Wind Factor

65% 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 • 04101

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

89/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.8 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 62 Waterville St

$399,832

$4,832 over list price of $395K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $740K to $1.3M.

SOLD JUL 24, 2026
$1,000,000 Last sold price
4 beds4 baths3,260 sq ft
68 Pleasant St, Portland, ME 04101
smaller lot
finished basement
SOLD JUN 26, 2026
$740,000 Last sold price
5 beds4 baths3,568 sq ft
3 Crescent St, Portland, ME 04102
smaller lot
basement
SOLD OCT 8, 2026
$923,000 Last sold price
6 beds4 baths3,652 sq ft
161 Grant St, Portland, ME 04101
larger lot
finished basement
SOLD AUG 28, 2026
$1,275,000 Last sold price
3 beds2.5 baths1,836 sq ft
116 Sheridan St, Portland, ME 04101
smaller lot
basement
SOLD JUL 30, 2026
$849,000 Last sold price
5 beds3 baths3,119 sq ft
9 Grasmere Rd, Portland, ME 04101
larger lot
basement
SOLD DEC 15, 2025
$825,000 Last sold price
7 beds3 baths3,484 sq ft
116 North St, Portland, ME 04101
larger lot
basement

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Instant answers, or connect with a local agent

Early Access listings

EARLY ACCESSCOMPASS COMING SOON

$439,000

3 beds3 baths1,530 sq ft

11 Suffolk Dr #2, Concord, NH 03303

EARLY ACCESSCOLDWELL BANKER® COMING SOON

Contact for price

5 beds2.5 baths3,044 sq ft

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10 beds6 baths5,650 sq ft

146 Sherman St, Portland, ME 04101

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New listings for sale in 04101

NEW 2 HRS AGO

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Details provided by MREIS and may not match the public record. Learn more.

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