387 Commercial St, Unit 535

1,115 Sq. Ft.
$807 / Sq. Ft.
1,115
Sq. Ft.
$807
per Sq. Ft.

Description

Welcome to Unit #535 Hobson's Landing in the recently finished phase II building! This impeccably crafted, two-bedroom, two-bathroom condominium is ideally situated just steps from the vibrant offerings of Portland's Old Port. The inviting unit features 9-foot ceilings, hardwood flooring, and exquisite detailing throughout. The open-concept design includes a stylish kitchen equipped with stainless steel appliances and a spacious peninsula with quartz countertops, seamlessly flowing into a generous...Welcome to Unit #535 Hobson's Landing in the recently finished phase II building! This impeccably crafted, two-bedroom, two-bathroom condominium is ideally situated just steps from the vibrant offerings of Portland's Old Port. The inviting unit features 9-foot ceilings, hardwood flooring, and exquisite detailing throughout. The open-concept design includes a stylish kitchen equipped with stainless steel appliances and a spacious peninsula with quartz countertops, seamlessly flowing into a generous dining and living area. This space is anchored by a cozy gas fireplace and large glass slider doors that open to your private deck, perfect for enjoying urban views and bright, natural sunlight. In unit washer and dryer included! The primary suite boasts a roomy walk-in closet and a luxurious bathroom featuring a double vanity with quartz counters, and a large, tiled walk-in shower. Down the hall, you'll find a second bedroom with two closets and a full bathroom with a tub. For added convenience, a dedicated deeded parking space with an electric vehicle charger is located on the first floor of the underground car park and a private, locked storage space are both included. Hobson's Landing offers top-notch amenities, including a clubroom for private events and community gatherings with water views of Casco Bay, an onsite guest suite available for reservation to house your visitors in comfort and extra privacy, a workspace with connectivity and a full time concierge to assist with your day-to-day needs. Residents also enjoy a fitness room, dog washing station, a shared grill on one of the two common outdoor spaces, and access to bikes and even a shared Tesla! Located in the heart of the Old Port, Hobson's Landing provides easy access to local shops, marinas, theaters, multiple museums, and a wide array of award-winning restaurants, all while being close to the Portland International Jetport and Amtrak transportation hub. This home truly embodies the ideal urban lifesty
  1. Listed by Marigrace O'Brien • Gardner Real Estate Group
    P: (207)-332-8030 C: (207)-332-8030 grace@gardnerregroup.com

Property Details for 387 Commercial Street, Unit 535

Architectural Style
High Rise, Modern
Furnished
Unfurnished
Style
High Rise, Modern
Subdivision Name
Hobsons Landing
Has Waterfront
No
Waterfront Features
Nearby, Public
Zoning
Mixed Use
LISTING UPDATED: 06/16/2026 05:36 PM

Property Details for 387 Commercial Street, Unit 535

StatusActive
MLS #1657025
Days on Market95
Pet Policy-
Taxes$9,825 / year
HOA Fees$518 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2024
CountyCumberland County

Location

Listing Courtesy of Gardner Real Estate Group
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Building Information for 387 Commercial Street, Unit 535

Building/Complex387 Commercial StFloor5Stories-Residences64Pet Policy-Pet Policy Details2 PetsYear Built2024

Payment Calculator

$5,821 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,484

Property Taxes

$819

HOA Dues

$518

The Payment Calculator is for illustrative purposes only.

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Property Information for 387 Commercial Street, Unit 535

Summary
Location and General Information
  • Water View: No
  • Location: Intown, Near Shopping, Near Turnpike/Interstate
  • Page: 295-297
  • Zoning Overlay: Yes
  • Directions: GPS friendly
  • Latitude: 43.651078
  • Longitude: -$70.26
  • Unit Number: 535
  • Transportation: Major Road Access, Near Airport, Public Transport Access
  • Island: No
Taxes and HOA
  • Association Fee: $518.04
  • Association: Yes
  • Tax Lot: 003
  • Tax Block: A
  • Tax Book Number: 40872
  • Tax Map Number: 42
  • Tax Year: 2026
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $9,825.16
Parking
  • Parking Features: Common, Paved, 1 - 4 Spaces, On Site, Off Street, Electric Vehicle Charging Station(s), Garage Door Opener, Inside Entrance, Underground, Basement
  • Parking: 1 - 4 Spaces, On Site, Paved, Off Street, Electric Vehicle Charging Station(s)
  • Reserved Parking: Yes
  • Reserved Parking Spaces: 1
  • Vehicle Storage: 1 Car, Auto Door Opener, Direct Entry to Living, Underground, Basement
  • 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, Near Public Transit
  • Lot Size Source: Public Records
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
  • Site: Sidewalks, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 1115.0
  • Building Area Source: Builder
  • Building Area Total: 1115.0
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Deed Restrictions: Yes
  • Restrictions: 2 Pets
  • Construction: Masonry
  • Year Built: 2024
Building Features
  • FHA Certification: No
  • Foundation Details: Poured Concrete
  • Foundation Materials: Poured Concrete
  • Construction Materials: Masonry, Brick
  • Color: Brick
Financial Information
  • List Price/SqFt: $807.09
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Electric
  • Electric: Circuit Breakers
  • Gas: Natural - At Street
  • Recreational Water: Nearby, Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
  • Roof: Flat, Membrane
  • Window Features: Double Pane Windows
  • Window Features: Double Pane Windows
  • Driveway: Common, Paved
Interior Features
  • Accessibility Features: 32 - 36 Inch Doors, 48+ Inch Halls, Elevator/Chair Lift
  • Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub, Elevator Passenger, Laundry - 1st Floor, One-Floor Living, Other, Shower, Sprinkler, Storage, Walk-in Closets, Primary Bedroom w/Bath
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Other Appliances: Hood
  • Other Description: parking garage
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Equipment: Internet Access Available
  • Fireplaces Total: 1
  • Laundry Features: Main Level
  • Other Equipment: Internet Access Available
  • # Full Baths Level 1: 2
  • Rooms Total: 4
  • Basement: Exterior Entry, Interior Entry, Other
  • Basement: Other
  • Basement Entry: Exterior Only, Interior
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Electric, Heat Pump
  • Has Heating: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Features: 1st Floor Primary Bedroom w/Bath, Bathtub, Elevator Passenger, One-Floor Living, Other, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Length: 18.33
  • Bedroom 1 Level: Upper
  • Bedroom 1 Width: 19.75
  • Bedroom 1 Amenities: Closet, Double Vanities, Full Bath, Suite, Walk-in Closet
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Length: 10.25
  • Bedroom 2 Level: Upper
  • Bedroom 2 Width: 16.08
  • Bedroom Amenities 2: Closet
Kitchen
  • Kitchen: Kitchen
  • Kitchen Length: 10.58
  • Kitchen Level: Upper
  • Kitchen Width: 7.08
  • Kitchen Amenities: Island
  • Kitchen Countertop: Quartz
Laundry
  • Laundry Room Amenities: Main Level
Living Room
  • Living Room: Living Room
  • Living Room Length: 20.67
  • Living Room Level: Upper
  • Living Room Width: 12.08
  • Living Room Amenities: Gas Fireplace
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 535

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Price Change

Maine Listings #1657025

$899,900
Apr 8, 2026

Listed (Active)

Maine Listings #1657025

$935,000
Apr 7, 2025

Expired

Maine Listings #1606899

$935,000
DateEvent & SourcePrice
06/16/2026

Price Change

Maine Listings #1657025

$899,900
04/08/2026

Listed (Active)

Maine Listings #1657025

$935,000
04/07/2025

Expired

Maine Listings #1606899

$935,000

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

Public Records for 387 Commercial Street, Unit 535

Taxable ValueLand$151,000Additions$604,200Total$755,200
Tax Record2025$9,047 ($754 / month)
Home Facts
Beds2Total Finished SqFt1,115 SqFtAbove Grade Finished SqFt1,115 SqFtStyleCondominiumYear Built2024CountyCUMBERLANDAPNPTLD M:042 B:A003535

Schools near 387 Commercial Street, Unit 535

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

387 Commercial Street, Unit 535 is a condo for sale in Portland, ME 04101. This property was listed for sale on April 8, 2026 by Gardner Real Estate Group, it's currently listed at $899,900. It has been on the market for a total of 95 days and was last sold on July 17, 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 535 is a 2-bed, 2-bath, 1,115 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 Gardner Real Estate Group

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.