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  • $1,395,000

    242 Veranda Street, Portland, ME 04103

    5beds
    3,452sqft
    : 
    Multi Family
    Built in 1969
    -- sqft lot
    $1,360,600 Zestimate®
    $404/sqft
    $-- HOA

    What's special

    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.
    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#: 1637757MLS Logo

    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
    DateEventPrice
    9/17/2025Listed for sale$1,395,000+239.4%$404/sqft
    Source: Maine Listings #1637757 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    9/8/2015Listing removed$1,650
    Source: Owner Report a problem
    9/1/2015Listed for rent$1,650
    Source: Owner Report a problem
    4/12/2011Sold$411,000-7.6%$119/sqft
    Source: Maine Listings #970869 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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