This project pencils. This approved 12 unit condominium project is one of the most lucrative opportunities in Maine. This parcel is the last lot available of this size in the most desired neighborhood in Maine, Portland's Munjoy Hill. Looking out over the Atlantic Ocean, with a
120 acre F.L. Olmstead designed park, ocean side trails, tennis and pickle ball courts within a 3-5 minute walking distance and 2 marinas, a sailing school and public access for your sea kayak or
paddle board within 10 minutes walking distance this location is rare and one of the best on the East Coast. Couple the location with Portland's rankings as a top 10 city for quality of living, dining and retiring and you can understand why this opportunity is so compelling. Condos have uninterrupted ocean views from 2d,3d and 4th floors and offer 13 underground parking spaces.
This elevated (120' ASL) and gently sloping site offers expansive Casco Bay views on one of the East End's quietest yet most convenient streets. This part of Munjoy Hill is open, airy, inviting and equi-distant from Eastern Promenade recreation and inner Washington Ave
breweries, boutiques, James Beard Award winning restaurants, bakeries and more.
If you prefer to design and build your own project the site is located in Portland's most generous residential zone (R6), allowing 45' in height (from this height you have a near 360* view from sunrise to sunset, ocean to mountains and even city skyline) up to 14 market rate or 35
affordable units. The corner lot allows for zero setbacks on two sides and tremendous flexibility on designs. Surveys, Geo-tech soil testing, architectural designs and planning board approvals
are complete. The owners have engaged one of Maine's most respected architectural firms; Kaplan Thompson. Documents are available and this team is posted and ready to field questions.
33 - 37 Montreal Street (MLS #1590567) is a new englander single family home located in Portland, ME.
This single family home is 1,536 sqft and on a lot of 10,890 sqft (or 0.25 acres) with 3 bedrooms, 1 baths and is 134 years old. This property was listed on 05/22/2024 and has been priced for sale at $2,490,000.
The 3 bedroom single family home at 383 Commercial Street in Portland is nearby and sold for $1,930,000 on 08/04/2023.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Benchmark Real Estate
