Be prepared for a soul-stirring experience! This magnificent property offers 3 floors of sweeping views across Casco Bay, toward historic Fort Gorges. Extending to +3400 sqft - 2 units with 5 bedrooms, 4 bathrooms - with extensive updating, this is a dream home. Superb condition property offering a myriad of uses - a multi-generational homestead, an urbanites weekend residence, or an investment to enjoy in this much lauded City of Portland. Inspired interior design with ocean-facing balconies on all floors - start your day with breathtaking sunrises. Inside, the property is just as striking, blending coastal charm with vibrant cosmopolitan city living. The 1st floor unit is an open plan layout - kitchen with stainless steel appliances & granite counters, living room with a natural gas stove. Hardwood floors throughout. Sliders to the ocean-view deck. Two ocean-facing bedrooms + a separate large closet space & full bathroom. Access from the unit to the large full basement & into the secured garage - excellent storage and privacy. The second unit extends over the 2nd & 3rd floors. A 2006 addition greatly expanded 2nd & 3rd floors & added an additional garage. The gourmet kitchen, breakfast bar & dining room offer room for, quick & easy meals, intimate dinners or entertaining with an elegant corner wall fireplace. Close by is an ocean view bedroom, a comfortable office/study leading to a spacious living room, with vaulted ceiling & spectacular views. Adjacent is the primary bedroom with large en-suite bathroom, & laundry room. Up to the 3rd floor with its entertainment vibe - a granite wet bar and sink, matching bar & deck for a bird's eye view of the bay & life on the water. A full bath for convenience, and the adjacent bedroom has its own private window-level jacuzzi tub. This unit has a large garage & separate driveway. A simply, unique opportunity to own such a versatile property. Seller concessions available towards buyer closing costs with acceptable offer.
Active
$1,395,000
242 Veranda Street, Portland, ME 04103
5beds
3,452sqft
Est.:
Multi Family
Built in 1969
-- sqft lot
$1,360,600 Zestimate®
$404/sqft
$-- HOA
What's special
- 86 days |
- 1,097 |
- 54 |
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 05:33am
Listed by:
Keller Williams Realty 207-553-2662
Source: Maine Listings,MLS#: 1637757
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Direct Vent Furnace, Direct Vent Heater, Zoned, Other, Radiant
Cooling
- None
Features
- Flooring: Tile, Wood
- Basement: Interior Entry
- Number of fireplaces: 1
Interior area
- Total structure area: 3,452
- Total interior livable area: 3,452 sqft
- Finished area above ground: 3,452
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Casco Bay
Lot
- Size: 7,840.8 Square Feet
Details
- Parcel number: PTLDM432BF002001
- Zoning: RN3/SZ
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Garrison
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1969
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $404/sqft
- Tax assessed value: $791,700
- Annual tax amount: $11,883
- Date on market: 9/17/2025
- Exclusions: Bookshelves in upper unit do not convey
Estimated market value
$1,360,600
$1.29M - $1.43M
$3,047/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listed for sale | $1,395,000+239.4%$404/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/8/2015 | Listing removed | $1,650 |
Source: Owner Report a problem | ||
| 9/1/2015 | Listed for rent | $1,650 |
Source: Owner Report a problem | ||
| 4/12/2011 | Sold | $411,000-7.6%$119/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,408 | $791,700 |
| 2023 | $11,408 +5.9% | $791,700 |
| 2022 | $10,775 +16.7% | $791,700 +99.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,060/mo
Principal & interest
$5409
Property taxes
$1163
Home insurance
$488
Climate risks
Neighborhood: East Deering
Nearby schools
GreatSchools rating
- 5/10Presumpscot SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 2 mi
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