54 Ridge Road, Unit 5

Closed 1/2/25

Sold

Last Sold Price

$825,000

3 beds4 baths2,543 sqft

54 Ridge Rd, Unit 5, Portland, ME 04103

CondoProperty Type

2004Year Built

$324/sq ftPrice per sq ft

$530/moHOA Fees

1 carParking Spaces

Description

This freshly painted, like new ,end unit is a must see. All four levels have water views of the Casco Bay as well as a wooded back yard. A wrap around porch, private back yard patio, and deck off the living room provide multiple outside options. One cozy fireplace in the living room perfect for the winter months. Hardwood floors throughout the living areas with tile in the bathrooms. Large walk in closets in all three bedrooms. Primary suite with bathroom on the whole top level. The primary suite...This freshly painted, like new ,end unit is a must see. All four levels have water views of the Casco Bay as well as a wooded back yard. A wrap around porch, private back yard patio, and deck off the living room provide multiple outside options. One cozy fireplace in the living room perfect for the winter months. Hardwood floors throughout the living areas with tile in the bathrooms. Large walk in closets in all three bedrooms. Primary suite with bathroom on the whole top level. The primary suite bathroom has a soaking tub and stand up shower. The finished basement with its own private entry could serve as office, second living room, or a multi use area of your needs. Brand new luxury vinyl plank basement floors. One car garage with parking outside as well. Sidewalks to Ocean in a very quiet neighborhood. Minutes from Falmouth and downtown Portland. Schedule a private showing today.

Listing closed: 01/02/2025 12:00 AM • Source: Maine Listings, MLS#: 1609040

Recent comparable sales

Median sold price

$705,000

Avg days on market

Sale-to-list ratio

99.3%

1/59

$700,000

Sold 08/15/25

3
Bedrooms: 4
Bathrooms: 2,543
Square Feet: Unavailable
Acres

48 Ridge Road, Unit 3, Portland, ME 04103

1/54

$700,000

Sold 07/23/25

3
Bedrooms: 3
Bathrooms: 2,310
Square Feet: Unavailable
Acres

12 Kimberly Court, Unit 1, Portland, ME 04103

1/58

$893,150

Sold 02/27/26

3
Bedrooms: 4
Bathrooms: 2,551
Square Feet: 0.46
Acres

21 Ice Pond Drive, Portland, ME 04103

1/32

$705,000

Sold 02/24/26

3
Bedrooms: 3
Bathrooms: 2,145
Square Feet: Unavailable
Acres

42 True Street, Unit B, Portland, ME 04103

1/2

$675,000

Sold 12/10/24

3
Bedrooms: 3
Bathrooms: 2,414
Square Feet: 0.28
Acres

65 Marlborough Road, Portland, ME 04103

1/2

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Bathrooms: 2,627
Square Feet: 0.28
Acres

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3
Bedrooms: 4
Bathrooms: 2,664
Square Feet: 0.29
Acres

245 Auburn Street, Portland, ME 04103

1/29

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Acres

31 Samuel Road, Portland, ME 04103

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Bedrooms: 3.5
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Square Feet: Unavailable
Acres

54 Ridge Road, Portland, ME 04103

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Location

Listing Courtesy of Portside Real Estate Group

Sold By U&R Real Estate

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Principal and Interest

$4,404

Property Taxes

$555

HOA Dues

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Property Information for 54 Ridge Road, Unit 5

Property Details

Taxes: $6,658 / year
MLS Type: Residential / Condominium
County: Cumberland County
Architectural Style: Contemporary
Style: Contemporary
View: Scenic
Has Waterfront: No
Zoning: R3

Building Information

Building/Complex: 54 Ridge Rd
Residences: 4
Pet Policy Details: 1 Pet
Year Built: 2004

Summary

Location and General Information

Water View: Yes
Location: Near Turnpike/Interstate, Near Town, Neighborhood

Page: 182
Zoning Overlay: No
Directions: From Washington Ave, head north one to Ocean Ave. Take left onto Ridge Rd. Top of the hill left to condos #5.
Latitude: 43.695026
Longitude: -$70.26
Unit Number: 5
Transportation: Near Airport
Water Body Type: Ocean
Water Body Name: Casco Bay

Taxes and HOA

Association Fee: $530.00
Association: Yes

Parcel Number: PTLD-000416A-A000003-000005
Tax Block: A
Tax Book Number: 39849
Tax Map Number: 416A
Tax Year: 2024
Association Fee Frequency: Monthly
Tax Annual Amount: $6,658.00

Parking

Parking Features: Auto Door Opener, Reserved Parking, 1 - 4 Spaces, Paved, Common
Parking: 1 - 4 Spaces

Reserved Parking: Yes
Reserved Parking Spaces: 1
Vehicle Storage: 1 Car, Attached, Auto Door Opener
Has Attached Garage: Yes
Garage Spaces: 1.0
Has Garage: Yes

Property

Lot Information

Lot Features: Well Landscaped, Corner Lot, Sidewalks, Wooded, Near Turnpike/Interstate, Near Town, Neighborhood
Acreage Other Source: previous listing

Roads: Association, Paved, Private Road
Road Frontage Type: Private Road
Road Surface Type: Paved
Site: Corner Lot, Sidewalks, Well Landscaped, Wooded

Property and Assessments

Above Grade Finished Area: 1727.0
Below Grade Finished Area: 816.0

Building Area Source: Public Records
Building Area Total: 2543.0
Property Sub Type: Condominium
Property Type: Residential
Deed/Conveyance Type Offered: Warranty
Surveyed: Yes
Restrictions: 1 Pet
Construction: Wood Frame
Year Built: 2004

Building Features

FHA Certification: Yes
Levels: Multi-Level

Levels: Multi-Level
Foundation Details: Concrete Perimeter
Foundation Materials: Poured Concrete
Construction Materials: Clapboard, Wood Frame
Number Of Buildings: 13
Color: taupe

Financial Information

List Price/SqFt: $477.71

Green Features

Energy Efficiency: Ceiling Fans, Thermostat, Smart Electric Meter
Green Energy Efficient: Thermostat, Smart Electric Meter

Utilities

Heat Fuel: Electric
Electric: Circuit Breakers

Gas: Bottled, Underground
Recreational Water: Nearby, Public
Sewer: Public Sewer
Water Source: Public
Water Heater: Tank
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Clapboard
Roof: Pitched, Shingle

Door Features: Storm Door(s)
Door Features: Storm Door(s)
Window Features: Double Pane Windows
Window Features: Double Pane Windows
Driveway: Common, Paved

Interior Features

Amenities: Bathtub, Laundry - 2nd Floor, Pantry, Shower, Walk-in Closets, Primary Bedroom w/Bath
Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher

Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms Total Decimal: 3.5
Bathrooms Total Integer: 4
Bedrooms Total: 3
Equipment: Air Radon Mitigation System
Fireplaces Total: 1
Laundry Features: Upper Level
Other Equipment: Air Radon Mitigation System
# Full Baths Level 2: 1
# Full Baths Level 3: 1
# Half Baths Level 1: 1
Rooms Total: 7
Basement: Interior, Walk-Out Access, Finished, Exterior Only
Basement: Walk-Out Access, Finished
Basement Entry: Exterior Only, Interior
# Full Baths Basement: 1.0
Has Fireplace: Yes
Patio And Porch Features: Deck, Patio, Porch
Cooling: Wall/Window Unit(s), Heat Pump, Central Air
Has Cooling: Yes
Heating: Zoned, Heat Pump, Forced Air, Direct Vent Heater
Has Heating: Yes
Flooring: Wood, Vinyl, Tile
Interior Features: Walk-in Closets, Bathtub, Pantry, Shower, Primary Bedroom w/Bath

Room Information

Primary Bedroom

Primary Bedroom: Primary Bedroom
Primary Bedroom Level: Third

Bedroom 1

Bedroom 1: Bedroom 1
Bedroom 1 Level: Second

Bedroom 2

Bedroom 2: Bedroom 2
Bedroom 2 Level: Second

Kitchen

Kitchen: Kitchen
Kitchen Level: First

Kitchen Countertop: Granite

Laundry

Laundry Room: Laundry
Laundry Room Level: Second

Laundry Room Amenities: Upper Level

Living Room

Living Room: Living Room
Living Room Level: First

Media Room

Media Room: Media Room
Media Room Level: Basement

Multi Family

Multi Family Information

Number Of Units In Community: 4
Condominium Unit Type: Condo

Rental

Rent Information

Rental Allowed: true
Land Lease: No

Pets Allowed: 1 Pet

Property History for 54 Ridge Road, Unit 5

Date	Event & Source	Price	Appreciation
Jan 2, 2025	Sold Maine Listings #1609040	$825,000	—
Nov 13, 2024	Pending Maine Listings #1609040		—
Nov 8, 2024	Listed (Active) Maine Listings #1609040	$825,000	—
Nov 16, 2022	Sold Maine Listings #1543313	$670,000	—
Oct 24, 2022	Pending Maine Listings #1543313		—
Sep 16, 2022	Listed (Active) Maine Listings #1543313	$695,000	—
Jun 22, 2020	Sold Maine Listings #1452282	$450,000	—
May 21, 2020	Pending Maine Listings #1452282		—
May 5, 2020	Listed (Active) Maine Listings #1452282	$449,999	—
Oct 12, 2012	Sold Maine Listings #1054765	$345,000	—
Aug 31, 2012	Pending Maine Listings #1054765		—
May 24, 2012	Listed (Active) Maine Listings #1054765	$374,900	—
Mar 31, 2005	Sold Maine Listings #718078	$410,000	—
Feb 19, 2005	Pending Maine Listings #718078		—
Feb 19, 2005	Active Under Contract Maine Listings #718078		—
Aug 17, 2004	Listed (Active) Maine Listings #718078	$459,000	—

Date	Event & Source	Price
01/02/2025	Sold Maine Listings #1609040	$825,000
11/13/2024	Pending Maine Listings #1609040	—
11/08/2024	Listed (Active) Maine Listings #1609040	$825,000
11/16/2022	Sold Maine Listings #1543313	$670,000
10/24/2022	Pending Maine Listings #1543313	—
09/16/2022	Listed (Active) Maine Listings #1543313	$695,000
06/22/2020	Sold Maine Listings #1452282	$450,000
05/21/2020	Pending Maine Listings #1452282	—
05/05/2020	Listed (Active) Maine Listings #1452282	$449,999
10/12/2012	Sold Maine Listings #1054765	$345,000
08/31/2012	Pending Maine Listings #1054765	—
05/24/2012	Listed (Active) Maine Listings #1054765	$374,900
03/31/2005	Sold Maine Listings #718078	$410,000
02/19/2005	Pending Maine Listings #718078	—
02/19/2005	Active Under Contract Maine Listings #718078	—
08/17/2004	Listed (Active) Maine Listings #718078	$459,000

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

Schools near 54 Ridge Road, Unit 5

This home is within Portland Public Schools.


Rating	School	Type	Grades	Distance
5/10	Presumpscot School	Public - Serves this home	PK to 5	0.8 mi
4/10	Lyman Moore Middle School	Public - Serves this home	6 to 8	1.4 mi
5/10	Casco Bay High School	Public - Choice school	9 to 12	1.5 mi
2/10	Deering High School	Public - Choice school	9 to 12	2.3 mi
4/10	Portland High School	Public - Choice school	9 to 12	2.5 mi
NR	Spurwink School-Cummings	Private - Nearby school	8 to 12	0.6 mi
NR	Friends School Of Portland	Private - Nearby school	PK to 8	1.6 mi


Rating	School	Distance
5/10	Presumpscot School PublicPK to 5 Serves this home	0.8 mi
4/10	Lyman Moore Middle School Public6 to 8 Serves this home	1.4 mi
5/10	Casco Bay High School Public9 to 12 Choice school	1.5 mi
2/10	Deering High School Public9 to 12 Choice school	2.3 mi
4/10	Portland High School Public9 to 12 Choice school	2.5 mi
NR	Spurwink School-Cummings Private8 to 12 Nearby school	0.6 mi
NR	Friends School Of Portland PrivatePK to 8 Nearby school	1.6 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 54 Ridge Road, Unit 5, Portland, ME 04103	$825,000	3	4	2,543	–
54 Ridge Road, Portland, ME 04103	$825,000	3	3.5	1,943	–
56 Ridge Road, Portland, ME 04103	–	3	3.5	1,943	–
56 Ridge Road, Unit 6, Portland, ME 04103	$405,000	3	4	2,700	–
58 Ridge Road, Portland, ME 04103	$620,000	3	3.5	1,943	–
50 Ridge Road, Portland, ME 04103	–	3	3.5	1,943	–
48 Ridge Road, Unit 3, Portland, ME 04103	$700,000	3	4	2,543	–
48 Ridge Road, Portland, ME 04103	$700,000	3	3.5	1,943	–
46 Ridge Road, Unit 2, Portland, ME 04103	$607,000	3	4	2,543	–
46 Ridge Road, Portland, ME 04103	$607,000	3	3.5	1,943	–
44 Ridge Road, Portland, ME 04103	–	3	3.5	1,943	–
44 Ridge Road, Unit 44, Portland, ME 04103	$423,000	3	4	2,700	–
44 Ridge Road, Unit 1, Portland, ME 04103	$440,000	3	4	2,543	–
13 Osprey Terrace, Portland, ME 04103	–	3	3.5	1,943	–
13 Osprey Terrace, Unit 12, Portland, ME 04103	$445,000	3	4	2,543	–
9 Osprey Terrace, Unit 10, Portland, ME 04103	$357,500	3	4	2,700	–

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Listing Courtesy of Portside 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.