Waterfront

Portland, ME Waterfront Land for Sale

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South Portland, ME Cape Elizabeth, ME Falmouth, ME Scarborough, ME Cumberland, ME Chebeague Island, ME Westbrook, ME Gorham, ME
7 properties
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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
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Waterfront Land Parcel
Updated: Jul 15
Waterfront Land Parcel

383 Pleasant Avenue, Portland, ME 04108

$299,000
1.41 AC lot
1.41‑acre level parcel on Peaks Island, Maine
Partially cleared land ready for building a home, seasonal retreat, or investment property
Parking features listed as none
Island location provides access to beaches, scenic walking trails, local shops, and restaurants
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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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Island Waterfront Land Parcel
Island Waterfront Land Parcel

383 Pleasant Avenue, Portland, ME 04108

$325,000
1.41 AC lot

Level, partially cleared parcel on Peaks Island, offering waterfront land in a residential setting near beaches and trails.

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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 Development Land
Waterfront Development Land

146 York Street, Portland, ME 04101

$550,000

Zoned for multifamily development with waterfront views and utilities available along the street.

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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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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 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 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.

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Waterfront Residential Building Lot
Waterfront Residential Building Lot

29 Crows Nest Drive, Freeport, ME 04032

$595,000
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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Lakefront Buildable Land Parcel
Lakefront Buildable Land Parcel

78 Lakeside Drive, Windham, ME 04062

$162,000

Nearly one-acre lakeside lot with cleared building areas, an existing well, and two deeded access points.

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Land, Windham, ME
Land, Windham, ME

58 Lower Beach Road, Windham, ME 04062

$250,000
0.14 AC lot

Residential land & home lots · 0.14 Acres

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Portland, ME Waterfront Land Market Trends and Statistics

Explore 7 waterfront land for sale in Portland, ME, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 289,674 square feet of properties for sale, with an estimated market value of $2,292,000.

Sale prices for water rights properties in Portland, ME start at $247,000, averaging $327,428, and reaching up to $550,000 — 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 30
Waterfront Land 8
Commercial land 7
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 - 04101 $348K
Peaks Island - 04108 $533K

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)

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