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.
Active
$850,000
562 Island Avenue, Portland, ME 04108
2beds
750sqft
Est.:
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
- 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#: 1643776
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
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Listed for sale | $850,000+88.9%$1,133/sqft |
Source: | ||
| 5/11/2016 | Sold | $450,000$600/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 8/10Peaks Island SchoolGrades: PK-5Distance: 0.7 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 4.3 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 3.5 mi
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