OFF MARKET

Off Market Jul 2019 for $435K

$728,607

•

1,067

sq ft

8 Ocean View Ter, Portland, ME 04108

About this home

This gorgeous year round cottage located on a little dead end street offers beautiful views of the Ocean and Ram Island Headlight. Meticulously kept and cared for, the inside brightens your day. The Living room offers a fireplace with a woodstove insert and a step down dining area with a wall of windows giving a fantastic view of the ocean. The formal dining room has 2 built in hutches and the kitchen is quaint and cute with a large pantry room. The first floor full bathroom has a sky light for plenty of natural light! The second story offers a beautiful large bathroom with soaking tub, 3 bedrooms, 2 with ocean views and one with a skylight! Gleaming hardwood floors, cute storage and built-ins, natural light and charm throughout. Great Summer Rental History!! The basement has a semi-finished room and an old sauna room that can be brought back to life. New Pavestone Driveway!

Single-familyProperty Type

1914Year Built

2,613 sq ftLot Size

$683Est. Price/Sq.Ft.

1 spaceParking

Listed by Steven Chicoine • Keller Williams Realty

Bought with Steven Chicoine • Keller Williams Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1418219

Redfin Estimate

$728,607

$294K since sold in July 2019$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.9% higher than the average sale price ($624K) of 6 comparable homes.

SOLD JUL 20, 2026
$786,000
A
3 beds2 baths1,630 sq ft
31 Elizabeth St, Portland, ME 04108
SOLD AUG 28, 2026
$550,000
B
3 beds1.5 baths1,200 sq ft
25 Mosher St, South Portland, ME 04106
SOLD JUN 2, 2026
$850,000
C
3 beds2 baths1,436 sq ft
62 Elsmere Ave, South Portland, ME 04106
SOLD APR 3, 2026
$535,000
D
3 beds1.5 baths1,158 sq ft
10 Alder St, South Portland, ME 04106
SOLD MAY 29, 2026
$570,000
E
3 beds1 bath1,328 sq ft
11 Oakland Ave, Portland, ME 04108
SOLD FEB 27, 2026
$450,000
F
3 beds1.5 baths1,477 sq ft
12 Todd Ln, South Portland, ME 04106

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Earn from this home

Sell

$387,700

Est. take-home

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Rent

$2,484/mo

Redfin rental estimate

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Market trends in 04108, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.0%

+0.0% MoM

Median sale price

$723K

$63K MoM

Avg. days on market

55d

12 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 1PM TO 2:30PM
$525,000
2 beds1 bath1,039 sq ft
384 Pleasant Ave, Portland, ME 04108
$575,000
3 beds1 bath1,018 sq ft
7 Upper A St, Portland, ME 04108
$1,499,900
7 beds5 baths3,846 sq ft
94 Pleasant Ave, Portland, ME 04103
See all

Provided by Redfin

Sale history for 8 Ocean View Ter

Year

Property tax

Land + Additions

Assessment*

2024

$6,570 (+4.2%)

$171,500 + $266,200

$437,700

2023

$6,307 (+5.9%)

$171,500 + $266,200

$437,700

2022

$5,957 (+4.8%)

$171,500 + $266,200

$437,700

2021

$5,686 (+1.8%)

$171,500 + $266,200

$437,700

2020

$5,585

$125,800 + $113,800

$239,600

2019

$5,585 (+3.7%)

$125,800 + $113,800

$239,600

2018

$5,386 (+3.8%)

$125,800 + $113,800

$239,600

2017

$5,187 (+2.6%)

$125,800 + $113,800

$239,600

2016

$5,058 (+2.3%)

$125,800 + $113,800

$239,600

2015

$4,943 (+3.2%)

$125,800 + $113,800

$239,600

2014

$4,792

$125,800 + $113,800

$239,600

Tax history for 8 Ocean View Ter

Year

Property tax

Land + Additions

Assessment*

2024

$6,570 (+4.2%)

$171,500 + $266,200

$437,700

2023

$6,307 (+5.9%)

$171,500 + $266,200

$437,700

2022

$5,957 (+4.8%)

$171,500 + $266,200

$437,700

2021

$5,686 (+1.8%)

$171,500 + $266,200

$437,700

2020

$5,585

$125,800 + $113,800

$239,600

2019

$5,585 (+3.7%)

$125,800 + $113,800

$239,600

2018

$5,386 (+3.8%)

$125,800 + $113,800

$239,600

2017

$5,187 (+2.6%)

$125,800 + $113,800

$239,600

2016

$5,058 (+2.3%)

$125,800 + $113,800

$239,600

2015

$4,943 (+3.2%)

$125,800 + $113,800

$239,600

2014

$4,792

$125,800 + $113,800

$239,600

*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

2,614 Sq. Ft.

Year renovated

—

Sq. Ft.

1,067

Year built

1914

Style

Single Family Residential

County

Cumberland County

APN

116849

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

IR-2

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

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Public service
Park & open space

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Sunroom
Level: First

Room 2 Information
Type: Dining Room
Level: First

Room 3 Information
Type: Bedroom 2
Level: Second

Room 4 Information
Type: Other Room
Level: First

Room 5 Information
Type: Living Room
Level: First

Room 6 Information
Type: Kitchen
Level: First

Room 7 Information
Type: Primary Bedroom
Level: Second

Room 8 Information
Type: Bedroom 1
Level: Second

Basement Information
Basement Entry: Interior, Walk-Out Access, Full, Unfinished

Interior Features
# of Rooms: 8
Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
Flooring: Wood, Vinyl, Tile

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Building Area (Sq. Ft.): 1,067

Property Information
Property Sub Type: Single Family Residence
Year Built: 1914
Above-Grade Finished Area (Sq. Ft.): 1,067

Lot Information
Lot Size (Sq. Ft.): $2,613.60
Lot Size (Acres): 0.06
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Near Public Beach, Near Town
Road Surface Type: Gravel, Dirt
Zoning: RS

Financial

Tax Information
Annual Tax Amount: $4,986
Tax Year: 2018

Utilities

Utility Information
Has Heating
Heating: Stove, Forced Air
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric

Location

Location Information
Unparsed Address: 8 Ocean View Terrace, Portland, ME 04108
Directions: From the Ferry, Take right onto Island Ave, Left onto New Island Ave, Right on Whitehead St, Left on Seashore Ave, Veer left onto Maple. Right on Ocean View Terrace. Home on Left

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,067
Stories: 1.0
Lot Size: 2,614 square feet
Style: Single Family Residential
Year Built: 1914
Year Renovated: —
County: Cumberland County
APN: 116849

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Peaks Island School

Public PreK-5 • Assigned • 0.6mi

8/10

Deering High School

Public 9-12 • Assigned • 5.5mi

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 86° expected this year, 19 days in 30 years

6/10 Wind Factor

71% 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)

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

$693,000 – $838,000

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Nearby similar homes

FOR SALE BY OWNER

$719,000

3 beds2 baths1,250 sq ft

248 Pleasant Ave, Portland, ME 04108

$1,490,000

3 beds2.5 baths2,222 sq ft

920 Shore Rd, Cape Elizabeth, ME 04107

$999,900

2 beds1 bath716 sq ft

494 Island Ave, Portland, ME 04108

$1,080,000

3 beds2 baths1,720 sq ft

364 Island Ave, Portland, ME 04108

$1,275,000

3 beds2 baths2,150 sq ft

42 Montreal St, Portland, ME 04101

$899,500

5 beds2 baths2,778 sq ft

22 Cumberland Ave #3, Portland, ME 04101

New listings for sale in 04108

OPEN SUN, 1PM TO 2:30PM

$525,000

2 beds1 bath1,039 sq ft

384 Pleasant Ave, Portland, ME 04108

$575,000

3 beds1 bath1,018 sq ft

7 Upper A St, Portland, ME 04108

$1,499,900

7 beds5 baths3,846 sq ft

94 Pleasant Ave, Portland, ME 04103

Home values near 8 Ocean View Ter

Data from public records.

Address	Redfin Estimate
5 Oceanview Terrace, Portland, ME 3 Beds \| 2 Baths \| 1249 Sq. Ft.	$632,618
12 Oceanview Terrace, Portland, ME 2 Beds \| 1 Baths \| 1040 Sq. Ft.	$480,738

Address	Redfin Estimate
11 Oceanview Terrace, Portland, ME 3 Beds \| 1.5 Baths \| 1129 Sq. Ft.	$680,864
12 Oceanview Terrace, Peaks Island, ME 2 Beds \| 1 Baths \| 1040 Sq. Ft.	$627,148

Address	Redfin Estimate
6 Oceanview Terrace, Portland, ME 4 Beds \| 1.5 Baths \| 1616 Sq. Ft.	$1,023,871
5 Oceanview Terrace, Peaks Island, ME 3 Beds \| 2 Baths \| 1249 Sq. Ft.	$859,755

Property information provided by MREIS when last listed in 2019. This data may not match . Learn more.

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