Portland, Maine, has risen to prominence as one of the nation's most sought-after small cities. The property at 383 Commercial St Penthouse PH7 presents an unparalleled opportunity, offering outstanding value at \$1192 per square foot, notably below the city's luxury condominium market values.
The residence is ideally located within walking distance of esteemed, nationally acclaimed restaurants, the scenic waterfront, and the historic Old Port, which features diverse galleries, museums, music venues, and private marinas. Its proximity to Portland's international airport and top-tier medical facilities enhances its appeal. Moreover, residents enjoy convenient access to recreational pursuits such as hiking, skiing, boating, fishing, kayaking, and canoeing. Unit #701 stands out as Hobson Landing's premier PH7 penthouse, boasting panoramic water views of Portland Harbor extending to Casco Bay from a private 700+ sq ft observation deck, affectionately known as 'Vantage Point'. The penthouse includes three bedroom suites, a generous den/bedroom with a private balcony offering skyline views, custom cabinetry, custom woodwork with luxurious appointments, and garage parking with an additional EV charging space available. The exceptional dining room features a gas fireplace and 3 1/2 baths, complete with high-end appliances, including a 36-inch Wolf range, Sub-Zero refrigerator, and Marvel wine refrigerator. Hardwood flooring, over 9-foot ceilings, a gas fireplace, and radiant heat in the primary bathroom are standard throughout all units. Residents also benefit from a 24-hour secure lobby entrance with concierge service, a clubroom with a fireplace, deck, and full kitchen, a fitness center, a dog wash, a reservable guest suite, a courtyard with grills, and a shared workspace. Located only 1 hour and 45 minutes from Boston, MA.
To experience this exceptional property firsthand, please call to arrange a private showing at your convenience.
Active
$3,750,000
383 Commercial Street UNIT 701, Portland, ME 04102
3beds
3,148sqft
Est.:
Condominium
Built in 2021
-- sqft lot
$-- Zestimate®
$1,191/sqft
$1,039/mo HOA
What's special
- 217 days
- on Zillow |
- 989 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 07:35pm
Listed by:
Elevate Maine Realty
Source: Maine Listings,MLS#: 1605707

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Gas Fireplace, Suite
- Level: First
Bedroom 2
- Features: Suite
- Level: First
Bedroom 3
- Features: Suite
- Level: First
Den
- Level: First
Dining room
- Features: Informal
- Level: First
Kitchen
- Features: Eat-in Kitchen, Pantry
- Level: First
Laundry
- Level: First
Living room
- Features: Gas Fireplace
- Level: First
Heating
- Zoned, Heat Pump
Cooling
- Central Air
Appliances
- Included: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
- Laundry: Laundry - 1st Floor, Main Level
Features
- Walk-In Closet(s), Elevator, Bathtub, Other, Shower, Primary Bedroom w/Bath
- Flooring: Wood, Tile
- Basement: None
- Number of fireplaces: 1
Interior area
- Total structure area: 3,148
- Total interior livable area: 3,148 sqft
- Finished area above ground: 3,148
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Reserved Parking, Basement, 1 - 4 Spaces, Common, On Site, Underground
- Garage spaces: 1
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Waterfront features: Harbor
- Body of water: Casco Bay
Lot
- Features: Level, Sidewalks, Historic District, City Lot, Near Shopping, Near Public Transit
Details
- Zoning: Mixed Use
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Fiber Cement, Brick, Steel Frame
- Foundation: Concrete Perimeter
- Roof: Flat,Membrane
Condition
- Year built: 2021
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Clubhouse
- Security: Fire System, Security System
HOA
- Has HOA: Yes
- HOA fee: $1,039 monthly
Location
- Region: South Portland
Financial & listing details
- Price per square foot: $1,191/sqft
- Annual tax amount: $42,125
- Date on market: 10/8/2024
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