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Direct Waterfront Build Site

109 Reed Avenue Portland, ME 04108

New
109 Reed Avenue, Portland, ME, 04108
$975,000
For Sale
$975,000

LAND - Portland, ME

Lot Size0.92 Acres
Days on Market4

Property Features for 109 Reed Avenue

General Information

Property type
Land
Property subtype
Other
Zoning
IR-1, shoreland
Parking features
None
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 Agency Town & Shore Real Estate
One Union Wharf, Portland, ME
Listed by Erin Haber
Added: Jul 14 Checked: Jul 17 at 3:06 pm
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 for-sale waterfront land offering provides a private build site on Peaks Island, featuring direct ocean frontage and a rocky beach along a protected cove. The property is described as including an elevated ridge with commanding views, mature woodlands, and an open lawn with access to Josiah’s Cove. The lot has been surveyed and perk tested, and conservation land abuts the property.

The site is located at the end of a quiet gravel road, and the setting is characterized as being within a short ferry ride of Portland.

The land is zoned IR-1 and shoreland. The parcel size is listed as 0.92 acres, with 458 feet of ocean frontage.

Key Highlights

  • 0.92‑acre Peaks Island building site with 458 ft of ocean frontage and a rocky beach on a protected cove
  • Elevated ridge lot with commanding views plus mature woodlands and an open lawn with access to Josiah's Cove
  • Surveyed and perk tested for building readiness

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 - Private buildable land on a protected cove with surveyed and perk-tested site and direct ocean frontage.
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: 0.92‑acre Peaks Island building site with 458 ft of ocean frontage and a rocky beach on a protected cove; Elevated ridge lot with commanding views plus mature woodlands and an open lawn with access to Josiah's Cove; Surveyed and perk tested for building readiness
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