Build your island dream home at Josiah's Cove! Unique chance to own direct waterfront property on Peaks Island. Located at the end of a quiet, gravel road, the .92-acre lot features an elevated ridge, a wooded grove, a grassy lawn and an accessible, rocky beach.
Nestled among esteemed properties, the lot is further enhanced by abutting conservation land. It has been recently surveyed and perk tested.
Watch the lobster boats, ferries and leisure boats from your own slice of heaven. Enjoy the tranquility of the quiet cove, surrounded by the sounds of the surf, or stroll to TEIA for lively social events, tennis, and educational/creative programs. Southern Maine's most sought-after island is close to Portland's vibrant Old Port. Dock-to-dock transportation via ferry affords convenient access to shopping, galleries, and exceptional dining.
Active
$1,200,000
109 Reed Avenue, Portland, ME 04108
--beds
--baths
0.92Acres
Land
Built in ----
0.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Grassy lawnElevated ridgeAbutting conservation landWooded groveDirect waterfront property
- 165 days |
- 416 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: September 29, 2025 at 07:00am
Listed by:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1628614
Facts & features
Interior
Video & virtual tour
Property
Parking
- Parking features: No Driveway, On Site
Features
- Has view: Yes
- View description: Scenic
- Body of water: Casco Bay
- Frontage length: Waterfrontage: 458,Waterfrontage Owned: 458
Lot
- Size: 0.92 Acres
- Features: Other, Level, Open Lot, Right of Way, Wooded
Details
- Parcel number: PTLDM091BP006001
- Zoning: IR-1, shoreland
Utilities & green energy
- Electric: On Site
- Sewer: Septic Needed
- Water: Public, Seasonal
Community & HOA
Location
- Region: Portland
Financial & listing details
- Tax assessed value: $445,400
- Annual tax amount: $6,685
- Date on market: 6/29/2025
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,521/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2025 | Listed for sale | $1,200,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,418 | $445,400 |
| 2023 | $6,418 +5.9% | $445,400 |
| 2022 | $6,062 -5.3% | $445,400 +62.3% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment*
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Neighborhood: Peaks Island
Nearby schools
GreatSchools rating
- 8/10Peaks Island SchoolGrades: PK-5Distance: 1 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 4.7 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 3.9 mi
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