109 Reed Ave

Portland, ME 04108

$975,000
Price
40,075 / 0.92
Lot Size / Acres
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Description

Rarely does an opportunity like this come along. This private building site is located on Peaks Island, one of Casco Bay's most beloved islands. 109 Reed Avenue offers one of the last remaining direct waterfront lots on the island. The 0.92 acres of land consists of 458 ft of ocean frontage with a rocky beach on a protected cove that feels worlds away from the mainland, yet is just a short ferry ride from the heart of Portland. Tucked at the end of a quiet gravel road, the property offers an elevated...Rarely does an opportunity like this come along. This private building site is located on Peaks Island, one of Casco Bay's most beloved islands. 109 Reed Avenue offers one of the last remaining direct waterfront lots on the island. The 0.92 acres of land consists of 458 ft of ocean frontage with a rocky beach on a protected cove that feels worlds away from the mainland, yet is just a short ferry ride from the heart of Portland. Tucked at the end of a quiet gravel road, the property offers an elevated ridge with commanding views, mature woodlands, and an open lawn with access to Josiah's Cove. Watch lobster boats, ferries, and sailboats drift by from this serene setting. The lot has been surveyed and perk tested, conservation land abuts the property ensuring lasting privacy. Whether you're dreaming of a full-time coastal residence or a summer retreat, this lot is one of the last chances to build something extraordinary on Peaks Island.
  1. Listed by Erin Haber • Town & Shore Real Estate
    P: (207)-650-7158 C: (207)-650-7158 ehaber@townandshore.com

Property Details for 109 Reed Avenue

View
Scenic
Has Waterfront
Yes
Zoning
IR-1, shoreland
LISTING UPDATED: 06/25/2026 05:13 PM

Property Details for 109 Reed Avenue

StatusActive
MLS #1669026
Days on Market1
Taxes$6,685 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size0.92 AC
CountyCumberland County
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Location

Listing Courtesy of Town & Shore Real Estate
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Building Information for 109 Reed Avenue

Lot Size0.92 AC

Payment Calculator

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$5,416 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,859

Property Taxes

$557

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 109 Reed Avenue

Summary
Location and General Information
  • Block: P
  • Page: 165-Inclusive
  • Directions: From Jones Landing take a left onto Island Avenue. Take right onto Pleasant Ave., turn right onto Skillings Ave., take left onto Reed Avenue to end.
  • Latitude: 43.670265
  • Longitude: -$70.18
  • Island: Yes
  • Water Frontage Owned: 458.0
  • Source of Water Frontage: Survey
  • Water Body Type: Bay, Ocean
  • Water Body Name: Casco Bay
Taxes and HOA
  • Association: No
  • Parcel Number: PTLD-000091-P000006-000001
  • Tax Lot: 6,9
  • Tax Book Number: 6395
  • Tax Map Number: 91
  • Tax Year: 2024
  • Tax Annual Amount: $6,685.00
Property
Lot Information
  • Lot Features: Other, Level, Open Lot, Right of Way, Wooded
  • Lot Size Acres: 0.92
  • Lot Size Area: 0.92
  • Lot Size Source: Survey
  • Lot Size Square Feet: 40075.2
  • Lot Size Units: Acres
  • Roads: Dead End, Gravel, Public
  • Road Surface Type: Gravel
Property and Assessments
  • Restrictions: No Restrictions
Utilities
  • Electric: On Site
  • Gas: No Gas
  • Sewer: Septic Needed, Soil Test Available
  • Water Source: Public, Seasonal
Mobile Home
Mobile Home Information
  • Mobile Homes Allowed: No
Rental
Rent Information
  • Pets Allowed: No Restrictions

Property History for 109 Reed Avenue

DateEvent & SourcePriceAppreciation
Jun 25, 2026

Listed (Active)

Maine Listings #1669026

$975,000—
Dec 23, 2025

Expired

Maine Listings #1628614

$1,200,000—
Jun 23, 2025

Listed (Active)

Maine Listings #1628614

$1,200,000—
DateEvent & SourcePrice
06/25/2026

Listed (Active)

Maine Listings #1669026

$975,000
12/23/2025

Expired

Maine Listings #1628614

$1,200,000
06/23/2025

Listed (Active)

Maine Listings #1628614

$1,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 109 Reed Avenue

Taxable ValueLand$558,600Additions$114,900Total$673,500
Tax Record2025$8,069 ($672 / month)
Home Facts
Beds1Baths1Total Finished SqFt515 SqFtAbove Grade Finished SqFt515 SqFtStories1Lot Size40,001 SqFtStyleSingle Family ResidenceYear Built1900CountyCUMBERLANDAPNPTLD M:091 B:P006001

Schools near 109 Reed Avenue

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Peaks Island School
Public - PK to 5
King Middle School
Public - 6 to 8
Portland High School
Public - 9 to 12
Deering High School
Public - 9 to 12
Rating
School
Distance
Peaks Island School
PublicPK to 5

King Middle School
Public6 to 8

Portland High School
Public9 to 12

Deering High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 109 Reed Avenue, Portland, ME 04108

109 Reed Avenue is a 0.92 ac of land for sale in Portland, ME 04108. This property was listed for sale on June 25, 2026 by Town & Shore Real Estate, it's currently listed at $975,000. This listing's school district is Portland Public Schools. Nearby schools include Peaks Island School, King Middle School and Portland High School. 109 Reed Avenue is a 0-bed, 0-bath, 0.92 ac of land on a 40,075 sq. ft. / 0.92 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Town & Shore Real Estate

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.