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  • $850,000

    562 Island Avenue, Portland, ME 04108

    2beds
    750sqft
    : 
    Single Family Residence
    Built in 1920
    8,712 Square Feet Lot
    $-- Zestimate®
    $1,133/sqft
    $-- HOA

    What's special

    Stairwell to the beachFenced-in yardOpen floor designDining areaSurrounded by beautiful gardens
    BLUE SHUTTER A cottage with personality plus. Formerly an ice cream store this island Landmark was transformed into a small but very functional living space. Renovated in the early 2000's it has just gotten better with each successive owner. Featuring an open floor design with galley kitchen and breakfast counter, dining area, living room, bath and 2 bedrooms upstairs. Surrounded by beautiful gardens and a fenced-in yard. Enjoy your family and friends while lounging in the side yard watching the shore birds and boats slip thru the passage. Better yet, a stairwell to the beach. Spend the day playing on the beach, taking a dip, going out for a paddle or simply sitting in your beach chair reading a book or taking a snooze. This waterfront gem has breathtaking water views of the Diamond Islands, Diamond Passage, Casco Bay and the Portland skyline with stunning sunsets setting over the harbor. The TEIA sailing/tennis club is just down the shore and you are also close to all island services. It really does not get any better than this. A rare opportunity to be the caretaker of Blue Shutter.
    25 days
    |
    6,453
    |
    454
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: November 30, 2025 at 09:47am

    Listed by:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1643776MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Wood
    • Basement: Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 750
    • Total interior livable area: 750 sqft
    • Finished area above ground: 750
    • Finished area below ground: 0

    Property

    Features
    • Patio & porch: Deck, Patio
    • Has view: Yes
    • View description: Scenic
    • Body of water: Casco Bay
    • Frontage length: Waterfrontage: 100,Waterfrontage Owned: 100
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: PTLDM092BA019001
    • Zoning: I-B

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Holding Tank
    • Water: Public

    Community & HOA

    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $1,133/sqft
    • Tax assessed value: $535,200
    • Annual tax amount: $9,661
    • Date on market: 11/17/2025

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/17/2025Listed for sale$850,000+88.9%$1,133/sqft
    Source: Maine Listings #1643776 Report a problem
    5/11/2016Sold$450,000$600/sqft
    Source: Maine Listings #1246049 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$7,712 $535,200
    2023$7,712 +5.9%$535,200
    2022$7,284 -12.8%$535,200 +49.3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,302/mo
    Principal & interest
    $3296
    Property taxes
    $708
    Home insurance
    $298

      Climate risks

      Neighborhood: Peaks Island

      Nearby schools

      GreatSchools rating

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