Direct Waterfront Building Lot

109 Reed Avenue Portland, ME 04108

Claim this Listing
For Sale
$975,000

LAND - Portland, ME

Lot size:
0.92 Acres
Added:
Jun 25, 2026
Days on Market:
16
Last Refresh:
Jul 10 at 6:06 am

Property Features for 109 Reed Avenue

General Information

Property type
Land
Property subtype
Other
Zoning
IR-1, shoreland
Parking features
Driveway
Pets allowed
No
Standard status
Active
Lot size
0.92 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
6685

Utilities

Sewer type
Septic Needed
Water source
Public
Water front
1

Listing agent Erin Haber

Listing office Town & Shore Real Estate One Union Wharf, Portland, ME

Listing date Jun 25, 2026

MLS# 1669026 Listing URL

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This waterfront land offering features 0.92 acres with 458 feet of ocean frontage, including a rocky beach within a protected cove. The property includes an elevated ridge with commanding views, mature woodlands, and an open lawn area with access to Josiah's Cove. A survey and perk test have already been completed, supporting early planning for development.

The site is tucked at the end of a quiet gravel road on Peaks Island in Casco Bay. Conservation land abuts the property, which can help preserve the setting, and the position offers a direct water perspective over lobster boats, ferries, and sailboats.

Zoned IR-1 and shoreland, the parcel is suited for buyers seeking a private building site with waterfront access and ready-to-start feasibility work from the prior survey and perk testing. Ideal for a coastal primary residence or a seasonal retreat on Peaks Island, subject to all applicable permitting requirements.

Key Highlights

  • Direct waterfront Peaks Island building site at 109 Reed Avenue
  • 0.92‑acre lot with 458 ft of ocean frontage and a rocky beach on a protected cove
  • Situated at the end of a quiet gravel road with an elevated ridge and commanding views

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Computer & Electronic Repair Spa & Massage Center Daycare Center Gym & Fitness Center Department Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Waterfront Land - Build on a surveyed, perk-tested Peaks Island site with extensive ocean frontage and access to a protected cove.
Where is this waterfront land located?
The property is located at 109 Reed Avenue Portland, ME.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Direct waterfront Peaks Island building site at 109 Reed Avenue; 0.92‑acre lot with 458 ft of ocean frontage and a rocky beach on a protected cove; Situated at the end of a quiet gravel road with an elevated ridge and commanding views
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More about this property
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