Residential

Portland, ME Residential Land & Home Lots for Sale

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South Portland, ME Cape Elizabeth, ME Falmouth, ME New Portland, ME Scarborough, ME Cumberland, ME Chebeague Island, ME Westbrook, ME
33 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
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Portland Land for Condominiums
Updated: Jun 11
Portland Land for Condominiums

1905 Congress Street, Portland, ME 04102

$995,000
0.78 AC lot
Development potential for condominium units.
Zoning allows for six to eight dwelling units.
Public water source available.
Public sewer system available.
Subject to LD 1829 legislation.
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Corner Lot with Water Views
Corner Lot with Water Views

7 Orange Street, Portland, ME 04102

$595,000
0.14 AC lot

Corner lot suitable for single-family or multifamily development with water views.

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Elevated Residential Development Lot
Elevated Residential Development Lot

63 Capisic Street A, Portland, ME 04102

$345,000
13,200 sqft 0.30 AC lot

Elevated, open lot with substantial frontage in an RN1 zone, offering flexibility for single-family, ADUs, or multi-unit development.

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Multi-Family, Portland, ME
Multi-Family, Portland, ME

103 Read Street, Portland, ME 04103

$1,500,000
3,971 sqft 1.41 AC lot

Triplexes · 3,971 SF

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Water-View Residential Land Lot
Water-View Residential Land Lot

119 West Shore Drive, Portland, ME 04109

$247,000
1.96 AC lot

Water-view island community lot with an open, level building window for a summer or year-round home.

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Portland Land Ready For Development
Portland Land Ready For Development

1 Coolidge Avenue, Portland, ME 04103

$169,000
0.19 AC lot

Land in Portland's desirable neighborhood, build your vision!

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Multi-Family
Multi-Family

103 Read St, Portland, ME 04103

$1,500,000
3,971 sqft

Triplexes · 3,971 SF

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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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Multi-Family, Portland, ME
Multi-Family, Portland, ME

13 Wellington Road, Portland, ME 04103

$949,000
1,808 sqft 0.24 AC lot

Duplexes · 1,808 SF

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Multi-Family
Multi-Family

13 Wellington Rd, Portland, ME 04103

$949,000
1,808 sqft

Duplexes · 1,808 SF

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Great Diamond Island Building Lot
Great Diamond Island Building Lot

184 Sunset Avenue, Portland, ME 04109

$129,000
0.28 AC lot

Residential land on Great Diamond Island near Portland, Maine.

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Residential Land in Capisic/Rosemont
Residential Land in Capisic/Rosemont

63 Capisic Street, Portland, ME 04102

$195,000
0.14 AC lot

Expansive lot in Portland's desirable Capisic/Rosemont neighborhood.

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Residential Development Lot with Wooded Rear
Residential Development Lot with Wooded Rear

63 Capisic Street, Unit A, Portland, ME 04102

$345,000
6,520 sqft 0.15 AC lot

Elevated, sun-filled lot in an RN1 zone with wooded rear—suited for single-family, ADUs, or multiple-unit plans.

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Portland Land Near Fore River
Portland Land Near Fore River

Hillcrest Avenue, Portland, ME 04102

$275,000
0.31 AC lot

Residential land for sale near downtown Portland and nature preserve.

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Portland Buildable Lot Opportunity
Portland Buildable Lot Opportunity

20 Fox Street, Portland, ME 04101

$475,000
0.06 AC lot

Buildable lot in Portland's peninsula with multi-unit development potential.

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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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Land, Portland, ME
Land, Portland, ME

103 Read Street, Portland, ME 04103

$1,500,000
1.41 AC lot

Land · 1.41 Acres

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Vacant Land
Vacant Land

2325 Lots 23-25 Fisher St, Portland, ME 04103

$250,000

Residential land & home lots

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Land, Portland, ME
Land, Portland, ME

Fisher Street lot: 23-25, Portland, ME 04103

$250,000
0.30 AC lot

Land · 0.30 Acres

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Duplex-Approved Residential Development Lot
Duplex-Approved Residential Development Lot

1 Coolidge Avenue, Portland, ME 04103

$169,000

Level, open parcel on a quiet dead-end street, with confirmation to build at least a duplex.

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Land, Portland, ME
Land, Portland, ME

62 Waterville Street, Portland, ME 04101

$395,000
0.07 AC lot

Land · 0.07 Acres

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Land
Land

1905 Congress Street, Portland, ME 04102

$995,000

Residential land & home lots

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Land, Portland, ME
Land, Portland, ME

63 Capisic Street, Portland, ME 04102

$345,000
0.39 AC lot

Land · 0.39 Acres

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Portland, ME Residential Land & Home Lots Market Trends and Statistics

Explore 33 residential land & home lots for sale in Portland, ME, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 545,443 square feet of properties for sale, with an estimated market value of $17,142,900.

Sale prices for home sites in Portland, ME start at $129,000, averaging $535,715, and reaching up to $1,500,000 — 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 34
Waterfront Land 10
Commercial land 8
Industrial land 2

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 $535.1K
Peaks Island - 04108 $643.5K

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

Retail

Office

Residential Income

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