387 Commercial St, Unit 432

Portland, ME 04101

$769,000
Price
1
Bed
1,043 Sq. Ft.
$737 / Sq. Ft.
1,043
Sq. Ft.
$737
per Sq. Ft.
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New Construction
New Construction
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Description

Experience waterfront living at its finest in Hobson's Landing, Portland's premier luxury condominium community. This beautifully appointed one-bedroom residence offers sophisticated design, high-end finishes, and effortless single-level living in the heart of the city's vibrant waterfront district. The thoughtfully designed floor plan features an open-concept living space filled with natural light, a chef-inspired kitchen with premium appliances, custom cabinetry, and quartz countertops, and a spacious...Experience waterfront living at its finest in Hobson's Landing, Portland's premier luxury condominium community. This beautifully appointed one-bedroom residence offers sophisticated design, high-end finishes, and effortless single-level living in the heart of the city's vibrant waterfront district. The thoughtfully designed floor plan features an open-concept living space filled with natural light, a chef-inspired kitchen with premium appliances, custom cabinetry, and quartz countertops, and a spacious primary suite with ample storage and a spa-like bath. Floor-to-ceiling windows showcase captivating city and waterfront views while creating a seamless connection between indoor comfort and the beauty of Portland Harbor. Residents of Hobson's Landing enjoy an unparalleled amenity package, including concierge service, fitness center, club room, reservable guest suite, dog wash station, and beautifully landscaped outdoor spaces. Just outside your door, explore Portland's award-winning restaurants, boutiques, marinas, and scenic waterfront trails. Whether you're seeking a year-round residence, a convenient in-town retreat, or a low-maintenance lifestyle, this exceptional home offers luxury, convenience, and the very best of Portland living.
  1. Listed by Alessandra Malone • Waypoint Brokers Collective
    P: (207)-653-7750 C: (207)-653-7750 ali.malone@gmail.com

Property Details for 387 Commercial Street, Unit 432

Architectural Style
Contemporary
Subdivision Name
Hobsons Landing
View
Scenic
Has Waterfront
No
Waterfront Features
Nearby, Public
Zoning
Mixed Use
LISTING UPDATED: 06/29/2026 10:40 AM

Property Details for 387 Commercial Street, Unit 432

StatusActive
MLS #1667303
Days on Market18
Pet Policy-
Taxes$8,401 / year
HOA Fees$488 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2024
CountyCumberland County
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Location

Listing Courtesy of Waypoint Brokers Collective
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Building Information for 387 Commercial Street, Unit 432

Building/Complex387 Commercial StFloor4Stories-Residences64Pet Policy-Pet Policy Details2 PetsYear Built2024

Payment Calculator

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$5,020 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,832

Property Taxes

$700

HOA Dues

$488

The Payment Calculator is for illustrative purposes only.

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Property Information for 387 Commercial Street, Unit 432

Summary
Location and General Information
  • Water View: No
  • Page: 074
  • Zoning Overlay: Yes
  • Latitude: 43.651341
  • Longitude: -$70.26
  • Unit Number: 432
  • Transportation: Near Airport
Taxes and HOA
  • Association Fee: $488.00
  • Association: Yes
  • Parcel Number: PTLD-000042-A000003-000432
  • Tax Lot: 003
  • Tax Block: A
  • Tax Book Number: 40853
  • Tax Map Number: 42
  • Tax Year: 2026
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $8,401.00
Parking
  • Parking Features: Common, Paved, 1 - 4 Spaces, On Site
  • Reserved Parking: Yes
  • Reserved Parking Spaces: 1
  • Vehicle Storage: 1 Car
  • Has Attached Garage: No
  • Garage Spaces: 1.0
  • Has Garage: Yes
School Information
  • High School District: Portland Public Schools
Property
Lot Information
  • Lot Features: Intown, Near Shopping, Near Turnpike/Interstate, Sidewalks, Landscaped
  • Lot Size Source: Public Records
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 1043.0
  • Building Area Source: Public Records
  • Building Area Total: 1043.0
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Deed/Conveyance Type Offered: Quit Claim w/Covenant
  • Deed Restrictions: Yes
  • Surveyed: Yes
  • Restrictions: 2 Pets
  • Year Built: 2024
Building Features
  • FHA Certification: No
  • Foundation Details: Poured Concrete
  • Construction Materials: Steel Frame, Brick, Clapboard
  • Color: Brick
Financial Information
  • List Price/SqFt: $737.30
Green Features
  • Green Water Conservation: Air Exchanger
  • HERS Certified: No
Utilities
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Roof: Flat, Membrane
Interior Features
  • Amenities: Elevator Passenger, One-Floor Living, Storage, Walk-in Closets
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Bathrooms Full: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Equipment: Cable, Internet Access Available
  • Fireplaces Total: 1
  • Other Equipment: Cable, Internet Access Available
  • # Full Baths Level 1: 1
  • Rooms Total: 3
  • Basement: Not Applicable
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck
  • Cooling: Central Air, Heat Pump
  • Has Cooling: Yes
  • Heating: Electric, Heat Pump, Zoned
  • Has Heating: Yes
  • Flooring: Tile, Vinyl
  • Interior Features: Elevator Passenger, One-Floor Living, Storage, Walk-In Closet(s)
Room Information
Primary Bedroom
  • Primary Bedroom: Primary Bedroom
  • Primary Bedroom Level: First
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Countertop: Granite, Quartz
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
  • Pets Allowed: 2 Pets

Property History for 387 Commercial Street, Unit 432

DateEvent & SourcePriceAppreciation
Jun 15, 2026

Listed (Active)

Maine Listings #1667303

$769,000—
Jun 27, 2024

Sold (Public Record)

Public Record #1935780911

$730,000—
Jun 27, 2024

Sold

Maine Listings #1518742

$730,000—
DateEvent & SourcePrice
06/15/2026

Listed (Active)

Maine Listings #1667303

$769,000
06/27/2024

Sold (Public Record)

Public Record #1935780911

$730,000
06/27/2024

Sold

Maine Listings #1518742

$730,000

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

Public Records for 387 Commercial Street, Unit 432

Taxable ValueLand$140,300Additions$561,000Total$701,300
Tax Record2025$8,402 ($700 / month)
Home Facts
Beds1Total Finished SqFt1,043 SqFtAbove Grade Finished SqFt1,043 SqFtStyleCondominiumYear Built2024CountyCUMBERLANDAPNPTLD M:042 B:A003432

Schools near 387 Commercial Street, Unit 432

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 432, Portland, ME 04101

387 Commercial Street, Unit 432 is a condo for sale in Portland, ME 04101. This property was listed for sale on June 15, 2026 by Waypoint Brokers Collective, it's currently listed at $769,000. It has been on the market for a total of 18 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 432 is a 1-bed, 1-bath, 1,043 sqft condo built in 2024.

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 Waypoint Brokers Collective

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.