387 Commercial St, Unit 322

Portland, ME 04101

$1,695,000
Price
3
Beds
1,549 Sq. Ft.
$1,094 / Sq. Ft.
1,549
Sq. Ft.
$1,094
per Sq. Ft.
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New Construction
New Construction
Ocean views
HLanding
Custom built-ins
Custom cabinets
Spacious Living
Custom kitchen
Spacious kitchen
Open Kitchen
Custom built-ins
Custom Kitchen
Kitchen
Dedicated dining area
Ocean views
Primary Bedroom
Primary Bedroom
Primary Bedroom
Primary Bedroom
Primary custom
Primary bathroom
Primary bathroom
Primary bathroom
Entryway and Laundry
Second Bedroom
Virtually enhanced second bedroom
Second Bedroom
Guest Suite Bathroom
Light filled third bedroom
Virtually enhanced to show potential
Third Bedroom
Private balcony with water views
Private balcony with water views
Views from private balcony
Unit 322
Common Courtyard
HL
Lobby
Lobby2
Shared terrace
Club Room
Club Room 2
Concierge
387
Reservable Guest Suite
Fitness Room
Fitness Room2
Shared Work Space

Description

MOTIVATED SELLER - This stunning corner condo with panoramic views offers 1,549 sq ft of luxurious living space and presents a rare opportunity to own a spacious three-bedroom, two-bathroom residence at Hobsons Landing. Also includes TWO deeded parking spaces, one being EV. Designed for effortless single-level living, the open-concept layout connects a well-appointed kitchen, dining area, and sunlit living room. A modern gas fireplace and custom built-ins anchor the space, which opens to a private...MOTIVATED SELLER - This stunning corner condo with panoramic views offers 1,549 sq ft of luxurious living space and presents a rare opportunity to own a spacious three-bedroom, two-bathroom residence at Hobsons Landing. Also includes TWO deeded parking spaces, one being EV. Designed for effortless single-level living, the open-concept layout connects a well-appointed kitchen, dining area, and sunlit living room. A modern gas fireplace and custom built-ins anchor the space, which opens to a private corner deck--perfectly combining comfort and style. The spacious primary suite features a walk-in closet, an en-suite bath with a double vanity, and thoughtful privacy. The second and third bedrooms are light-filled and versatile, ideal as guest rooms or a personal office. Enjoy year-round comfort with efficient heat pumps. Additional conveniences include garage parking for two cars, complete with an EV charger. Nestled in a prime location close to the Old Port's shopping, dining, cultural events, and waterfront charm, this residence offers the best of city living. Building amenities include concierge service for convenience and peace of mind, a club room with a full kitchen, fireplace, and deck for entertaining, a fitness room for your health and wellness needs, a work/study room, private storage, an additional guest room available for rent, and two dog wash stations to keep your furry friends fresh and clean. This condo is perfect as an investment opportunity, seasonal occupancy or primary residence.
  1. Listed by Jacqueline Nedwell • Town & Shore Real Estate
    P: (207)-400-6989 C: (207)-400-6989 jacqueline@townandshore.com

Property Details for 387 Commercial Street, Unit 322

Architectural Style
Contemporary
Style
Contemporary
Subdivision Name
Hobson's Landing
View
Scenic
Has Waterfront
No
Waterfront Features
Nearby, Public
Zoning
Mixed Use
LISTING UPDATED: 07/01/2026 05:51 PM

Property Details for 387 Commercial Street, Unit 322

StatusActive
MLS #1656243
Days on Market99
Pet Policy-
Taxes$19,401 / year
HOA Fees$685 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2023
CountyCumberland County
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Location

Listing Courtesy of Town & Shore Real Estate
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Building Information for 387 Commercial Street, Unit 322

Building/Complex387 Commercial StFloor3Stories-Residences64Pet Policy-Pet Policy Details-Year Built2023

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$10,748 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,446

Property Taxes

$1,617

HOA Dues

$685

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Property Information for 387 Commercial Street, Unit 322

Summary
Location and General Information
  • Water View: Yes
  • Location: Intown, Near Shopping, Near Turnpike/Interstate
  • Page: 015
  • Zoning Overlay: Yes
  • Directions: On Commercial Street between High and Maple.
  • Latitude: 43.651821
  • Longitude: -$70.26
  • Unit Number: 322
  • Transportation: Near Airport, Public Transport Access
  • Water Body Type: Bay, Ocean
  • Water Body Name: Casco Bay
Taxes and HOA
  • Association Fee: $684.52
  • Association: Yes
  • Tax Lot: 03
  • Tax Book Number: 40838
  • Tax Map Number: 42
  • Tax Year: 2026
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $19,401.00
Parking
  • Parking Features: Common, Paved, 1 - 4 Spaces, Underground
  • Parking: 1 - 4 Spaces
  • Reserved Parking: Yes
  • Reserved Parking Spaces: 2
  • Vehicle Storage: 2 Car, Underground
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Floor #: 3
  • Lot Features: Intown, Near Shopping, Near Turnpike/Interstate, Sidewalks, Landscaped, Near Public Transit
  • Lot Size Source: Public Records
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
  • Site: Sidewalks, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 1549.0
  • Building Area Source: Public Records
  • Building Area Total: 1549.0
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Deed/Conveyance Type Offered: Quit Claim
  • Surveyed: No
  • Construction: Steel Frame
  • Year Built: 2023
Building Features
  • FHA Certification: No
  • Foundation Details: Poured Concrete
  • Foundation Materials: Poured Concrete
  • Construction Materials: Steel Frame, Brick, Clapboard
  • Color: Brick
Financial Information
  • List Price/SqFt: $1,094.25
Utilities
  • Heat Fuel: Electric
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Recreational Water: Nearby, Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Clapboard
  • Roof: Flat, Membrane
  • Driveway: Common, Paved
Interior Features
  • Amenities: 1st Floor Primary Bedroom w/Bath, Elevator Passenger, Laundry - 1st Floor, One-Floor Living, Shower, Storage, Walk-in Closets, Primary Bedroom w/Bath
  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Appliances Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Fireplaces Total: 1
  • Laundry Features: Main Level
  • # Full Baths Level 1: 2
  • Rooms Total: 6
  • Basement: Not Applicable
  • Basement Entry: Not Applicable
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Electric, Heat Pump, Zoned, Radiant
  • Has Heating: Yes
  • Flooring: Tile, Wood
  • Interior Features: 1st Floor Primary Bedroom w/Bath, Elevator Passenger, One-Floor Living, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
Room Information
Primary Bedroom
  • Primary Bedroom: Primary Bedroom
  • Primary Bedroom Level: First
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: First
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Level: First
Dining Room
  • Dining Room: Dining Room
  • Dining Room Level: First
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
Laundry
  • Laundry Room Amenities: Main Level
Living Room
  • Living Room: Living Room
  • Living Room Level: First
Multi Family
Multi Family Information
  • Number Of Units In Community: 64
  • Condominium Unit Type: Condo
Rental
Rent Information
  • Land Lease: No

Property History for 387 Commercial Street, Unit 322

DateEvent & SourcePriceAppreciation
Jul 1, 2026

Price Change

Maine Listings #1656243

$1,695,000—
Jun 23, 2026

Price Change

Maine Listings #1656243

$1,745,000—
Apr 2, 2026

Listed (Active)

Maine Listings #1656243

$1,925,000—
DateEvent & SourcePrice
07/01/2026

Price Change

Maine Listings #1656243

$1,695,000
06/23/2026

Price Change

Maine Listings #1656243

$1,745,000
04/02/2026

Listed (Active)

Maine Listings #1656243

$1,925,000

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

Public Records for 387 Commercial Street, Unit 322

Taxable ValueLand$298,300Additions$1,193,000Total$1,491,300
Tax Record2025$17,866 ($1,489 / month)
Home Facts
Beds3Total Finished SqFt1,549 SqFtAbove Grade Finished SqFt1,549 SqFtStyleCondominiumYear Built2024CountyCUMBERLANDAPNPTLD M:042 B:A003322

Schools near 387 Commercial Street, Unit 322

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Howard C Reiche Community School
Public - PK to 5
King Middle School
Public - 6 to 8
Casco Bay High School
Public - 9 to 12
Deering High School
Public - 9 to 12
Rating
School
Distance
Howard C Reiche Community School
PublicPK to 5

King Middle School
Public6 to 8

Casco Bay 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 387 Commercial Street, Unit 322, Portland, ME 04101

387 Commercial Street, Unit 322 is a condo for sale in Portland, ME 04101. This property was listed for sale on April 2, 2026 by Town & Shore Real Estate, it's currently listed at $1,695,000. It has been on the market for a total of 99 days and was last sold on June 27, 2024. This listing's school district is Portland Public Schools. Nearby schools include Howard C Reiche Community School, King Middle School and Casco Bay High School. 387 Commercial Street, Unit 322 is a 3-bed, 2-bath, 1,549 sqft condo built in 2023.

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.