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    Portland, ME Waterfront Land for Sale

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    South Portland, ME Cape Elizabeth, ME Falmouth, ME New Portland, ME Scarborough, ME Chebeague Island, ME Westbrook, ME Gorham, ME
    8 properties
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    Direct Waterfront Lot
    Updated: Jul 30
    Direct Waterfront Lot

    109 Reed Avenue, Portland, ME 04108

    $975,000
    0.92 AC lot
    0.92‑acre private waterfront building site with mature woodlands and open lawn
    458 ft of ocean frontage with a rocky beach on a protected cove
    Elevated ridge with commanding views
    End of a quiet gravel road location
    Public water available; septic needed
    View details
    Water-View Residential Land Lot
    Updated: Jul 11
    Water-View Residential Land Lot

    119 West Shore Drive, Portland, ME 04109

    $247,000
    1.96 AC lot
    Water view lot in Diamond Cove, a resort‑type community on an island 3 miles off Portland, Maine
    Lot 7 is the last available lot at Diamond Cove with western exposure for sunsets over Casco Bay and views toward the Foreside and Portland
    Open, level building window on the lot for building your home
    Diamond Cove includes 5 residents‑only beaches and offers marina, pool, gym, and tennis courts
    Community amenities also include an Inn, two restaurants, a game room, and an antique bowling alley
    View details
    Waterfront Land with Harbor Views
    Waterfront Land with Harbor Views

    22 Boathouse Way, Portland, ME 04108

    $999,000
    0.11 AC lot

    Waterfront land with dock and boathouse included, utilities on site.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waterfront Land Parcel
    Waterfront Land Parcel

    383 Pleasant Avenue, Portland, ME 04108

    $299,000
    1.41 AC lot

    Waterfront land on Peaks Island, Maine, offering a level, partially cleared 1.41-acre parcel for residential development.

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    Waterfront Land Parcel
    Waterfront Land Parcel

    383 Pleasant Avenue, Portland, ME 04108

    $299,000
    1.41 AC lot

    Level, partially cleared waterfront land offers 1.41 acres for development on Peaks Island.

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    Residential Bluff Lot
    Residential Bluff Lot

    111 Spruce Avenue, Portland, ME 04108

    $325,000
    0.46 AC lot

    Residential land lot abuts conservation land, offering a bluff setting and views over the bay.

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    Vacant Land
    Vacant Land

    119 West Shore Dr, Portland, ME 04109

    $247,000

    Residential land & home lots

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    Land
    Land

    109 Reed Avenue, Portland, ME 04108

    $975,000

    Waterfront Land

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Commercial Land
    Waterfront Commercial Land

    68 Jones Creek Drive, Scarborough, ME 04074

    $1,000,000
    12,090 sqft 0.41 AC lot

    B1-zoned parcel with public water, public sewer, and a stream waterfront feature.

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    Waterfront Residential Building Lot
    Waterfront Residential Building Lot

    29 Crows Nest Drive, Freeport, ME 04032

    $595,000
    126,324 sqft 3.00 AC lot

    Waterfront buildable parcel with 350' frontage on Redding Cove and a ready-to-build driveway, drilled well, and underground electric.

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    Waterfront Residential Buildable Lot
    Waterfront Residential Buildable Lot

    29 Crows Nest Drive, Freeport, ME 04032

    $595,000
    2.90 AC lot

    Build-ready lot with established driveway, drilled well, and underground electric plus waterfront frontage on Redding Cove.

    View details
    Waterfront Development Lot
    Waterfront Development Lot

    68 Jones Creek Drive, Scarborough, ME 04074

    $1,000,000
    12,090 sqft

    Oversized waterfront lot with water views near Pine Point Beach and Nonesuch River access.

    View details

    Portland, ME Waterfront Land Market Trends and Statistics

    Explore 8 waterfront land for sale in Portland, ME, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 273,121 square feet of properties for sale, with an estimated market value of $4,366,000.

    Sale prices for water rights properties in Portland, ME start at $247,000, averaging $545,750, and reaching up to $999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 35
    Commercial land 9
    Waterfront Land 9
    Industrial land 1

    Demographics Overview

    Population 119K
    Population Growth (5Y) +15.6%
    Median Household Income $93,177
    College Educated 60.2%

    High-Yield Neighborhoods for Investment

    Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Portland - 04109 $247K
    Peaks Island - 04108 $709.4K

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $9.35 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

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    Residential Income

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    Browse Waterfront Land for Sale Near Portland, ME

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    Most Searched ZIP Codes in Portland, ME

    • 04108
    • 04109

    Featured Portland Real Estate Agencies

    Realmo connects you with licensed Portland CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Vitalius Real Estate Group
    306 Congress Street, Suite 3 Portland, ME 04101
    Phone: 12075413755
    www.vitalius.com
    Town & Shore Real Estate
    One Union Wharf Portland, ME 04101
    Phone: 12077730262
    www.townandshore.com

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