Save
Ask
Tour
Hide
Share
$1,175,000
52 Days On Site

494 Island Avenue
Portland, ME 04108

For Sale|Single Family Residence|Active
2
Beds
1
Total Bath
1
Full Bath
576
SqFt
$2,040
/SqFt
1965
Built
County:
Cumberland
Days online/new listing status provided by Showcase IDX.
Listing courtesy of of Locations Real Estate Group LLC
Call Now: 207.710.8290
Is this the listing for you? We can help make it yours.
207.710.8290
494 Island Avenue494 Island Avenue494 Island Avenue494 Island Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$5,361
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Here's your opportunity of a lifetime! This spectacular property is a truly rare offering with approximately 220 feet of ocean frontage overlooking Diamond Pass. Set well back from the road and perched along the shoreline, it captures sweeping, serene water views, sandy beach frontage (a rarity on the island), and a sense of peace and privacy that is increasingly hard to find. Whether it's mornings watching boats pass through the channel or quiet evenings at the water's edge, this is a setting that invites you to slow down and stay awhile. The existing home is ready for your vision--whether restoration, expansion, or reimagining. Whatever you choose, here's your opportunity to create something special in an extraordinary setting. Located near the island clubhouse and just steps from the water, there's potential for a mooring and possibly a dock (please verify). You're encouraged to perform your own due diligence regarding dock feasibility and accessory dwelling unit opportunities. It's rare to find this level of frontage, sandy beach access, and panoramic views in one property! Rarer still to have the opportunity to make it your own.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,175,000
Days On Site 
52 Days
Bedrooms 
2
Inside Area (SqFt) 
576 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.9 Acres
Year Built 
1965
MLS® Number 
1658995
Status 
Active
Property Tax 
$12,369
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Days online/new listing status provided by Showcase IDX.
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
Price history, status history, and update history provided by Showcase IDX.
General Features
Acres 
0.9
Foundation 
Block
Land Lease 
No
Parking 
GravelPaved
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Above 
576
SqFt Total 
576
Style 
OtherRanch
Utilities 
Propane
Water Source 
Public
Zoning 
IR-2, Shoreland
Interior Features
Appliances 
MicrowaveElectric RangeRefrigeratorWasher
Basement 
Interior EntryWalk-Out AccessDaylightUnfinished
Cooling 
Heat Pump
Electric 
Circuit Breakers
Flooring 
CarpetTilePainted/Stained
Heating 
ElectricPropaneBaseboardHeat PumpPellet Stove
Bedroom 1 
Level - First
Bedroom 2 
Level - First
Kitchen 
Level - First
Living Room 
Level - First
Sunroom 
Level - First
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Shingle SidingFrame
Lot Features 
LevelOpen Lot
Patio And Porch 
Deck
Roof 
Shingle
View 
ScenicWater
Waterfront 
Yes
Waterfront Features 
Ocean Front
Waterview 
ScenicWater
Listing courtesy of of Locations Real Estate Group LLC Bought with of



Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Last checked 2026-06-14 01:22 PM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share