562 Island Ave
$850,000
Price
2
Beds
1
Bath
750 Sq. Ft.
$1,133 / Sq. Ft.
750
Sq. Ft.
$1,133
per Sq. Ft.
Description
BLUE SHUTTER A cottage with personality plus. Formerly an ice cream store this island Landmark was transformed into a small but very functional living space. Renovated in the early 2000's it has just gotten better with each successive owner. Featuring an open floor design with galley kitchen and breakfast counter, dining area, living room, bath and 2 bedrooms upstairs. Surrounded by beautiful gardens and a fenced-in yard. Enjoy your family and friends while lounging in the side yard watching the...BLUE SHUTTER A cottage with personality plus. Formerly an ice cream store this island Landmark was transformed into a small but very functional living space. Renovated in the early 2000's it has just gotten better with each successive owner. Featuring an open floor design with galley kitchen and breakfast counter, dining area, living room, bath and 2 bedrooms upstairs. Surrounded by beautiful gardens and a fenced-in yard. Enjoy your family and friends while lounging in the side yard watching the shore birds and boats slip thru the passage. Better yet, a stairwell to the beach. Spend the day playing on the beach, taking a dip, going out for a paddle or simply sitting in your beach chair reading a book or taking a snooze. This waterfront gem has breathtaking water views of the Diamond Islands, Diamond Passage, Casco Bay and the Portland skyline with stunning sunsets setting over the harbor. The TEIA sailing/tennis club is just down the shore and you are also close to all island services. It really does not get any better than this. A rare opportunity to be the caretaker of Blue Shutter.
- Listed by Alyce Bauerle • Portside Real Estate Group
- Listed by Jill Keefe • Portside Real Estate Group
Property Details for 562 Island Avenue
Waterfront
Yes
ArchitecturalStyleCottage
GarageNo
ZoningI-B
ViewScenic
LISTING UPDATED: 11/30/2025 12:47 PM
Property Details for 562 Island Avenue
| Status | Active |
|---|---|
| MLS # | 1643776 |
| Days on Market | 25 |
| Taxes | $9,662 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1920 |
| Lot Size | 0.20 AC / 8,712 SF |
| County | Cumberland County |
Location
Listing Courtesy of Portside Real Estate Group
Add your commute
Building Information for 562 Island Avenue
Stories-Year Built1920Building Size-Lot Size0.20 AC / 8,712 SF
Payment Calculator
$5,005 per month
30 year fixed, 6.28% Interest
Principal and Interest
$4,200
Property Taxes
$805
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 562 Island Avenue
Summary
Location and General Information
- Road Surface Type: Paved
- Water Body Name: Casco Bay
- Zip Code: 1518
- Directions: From Welch St. turn left on Island Ave. Follow Island Ave. to 562 Island Avenue. House on left with blue shutters.
- Town: Portland
- State/Province: ME
- Zip Code: 04108
- County: Cumberland
- Geo Latitude: 43.669898
- Geo Longitude: -70.189798
- Tax Lot: 19
- Site:Rolling/Sloping: Yes
- Site:Well Landscaped: Yes
- Location:Near Country Club: Yes
- Location:Neighborhood: Yes
- Water Info:Waterfront Amount +: 100.00
- Water Info:Water Frontage Owned: 100.00
- Water Info:Water Frontage Shared: .00
- Source of Water Frontage:Other: Yes
- Source of Water Frontage:Waterfront Other Source: Previous Owner
- Recreational Water:Beach Rights: Yes
- Recreational Water:Deeded: Yes
- Recreational Water:Oceanfront: Yes
- Recreational Water:Waterfront Deep: Yes
- Recreational Water:Waterfront Tidal: Yes
Parking
- Parking Features: No Driveway, On Site
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 40706
- Tax Block: A
- Tax Map Number: 92
- Tax Year: 2026
- Parcel Number: PTLD-000092-A000019-000001
- Location Information:Association Y/N: No
- Tax Annual Amount: $9,661.87
Property
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 750.0
- Lot Size Acres: 0.2
- Source of Acreage: Public Records
- Building Area Total: 750.0
- Lot Size Area: 0.2
- Lot Size Units: Acres
- Lot Size Square Feet: 8712.0
- Bedrooms Total: 2
- Bathrooms Full: 1
- Bathrooms Half: 0
- Street Number: 562
- Property Information:Surveyed: Yes
- Property Information:Seasonal: Yes
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:# Rooms: 5.00
- Property Information:Total Half Baths: .00
- Property Information:# Full Baths Basement: .00
- Property Information:# Half Baths Basement: .00
- Property Information:# Full Baths Level 1: 1.00
- Property Information:# Half Baths Level 1: .00
- Property Information:# Full Baths Level 2: .00
- Property Information:Other Source of Square Footage: Previous owner
- Property Information:# Half Baths Level 2: .00
- Property Information:# Full Baths Level 3: .00
- Property Information:# Half Baths Level 3: .00
- Property Information:# Full Baths Upper: .00
- Property Information:# Half Baths Upper: .00
Parking
- Driveway:No Driveway: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Residential,Single Family Residence
- Property Type Label: Residential
- Property Sub-Type: Single Family Residence
- Building Area Source: Other
- Year Built: 1920
Utilities
- Electric: True
- Water Source: Public
- Appliances Included:Dryer: Yes
- Appliances Included:Electric Range: Yes
- Appliances Included:Refrigerator: Yes
- Appliances Included:Washer: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Clapboard, Wood Frame
- # Fireplaces: 0
- Fireplace: No
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
- Patio and Porch Features:Deck: Yes
- Patio and Porch Features:Patio: Yes
Interior Features
- Basement: Walk-Out Access, Exterior Only
- Flooring: Wood
- Interior Features: Shower
- Cooling: Window Unit(s)
- Heating: Baseboard
- Room Total: 5
- Bathrooms Total (Integer): 1
- Bathrooms Total (Decimal): 1.00
- Bathrooms Total (Notational): 1.00
- Cooling YN: Yes
- Heating YN: Yes
Room Information
Room 1
- Room Type: Kitchen
- Room Level: First
Room 2
- Room Type: Dining Room
- Room Level: First
Room 3
- Room Type: Living Room
- Room Level: First
Room 4
- Room Type: Bedroom 1
- Room Level: Second
Room 5
- Room Type: Bedroom 2
- Room Level: Second
Property History for 562 Island Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 16, 2025 | Listed (Active) Maine Listings #1643776 | $850,000 | — |
| May 11, 2016 | Sold Maine Listings #1246049 | $450,000 | — |
| Mar 15, 2016 | Pending Maine Listings #1246049 | — | |
| Mar 12, 2016 | Active Under Contract Maine Listings #1246049 | — | |
| Dec 6, 2015 | Listed (Active) Maine Listings #1246049 | $485,000 | — |
| Jun 30, 2014 | Expired Maine Listings #1106021 | $495,000 | — |
| Aug 10, 2013 | Listed (Active) Maine Listings #1106021 | $495,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/16/2025 | Listed (Active) Maine Listings #1643776 | $850,000 |
| 05/11/2016 | Sold Maine Listings #1246049 | $450,000 |
| 03/15/2016 | Pending Maine Listings #1246049 | — |
| 03/12/2016 | Active Under Contract Maine Listings #1246049 | — |
| 12/06/2015 | Listed (Active) Maine Listings #1246049 | $485,000 |
| 06/30/2014 | Expired Maine Listings #1106021 | $495,000 |
| 08/10/2013 | Listed (Active) Maine Listings #1106021 | $495,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 562 Island Avenue
Taxable ValueLand$436,900Additions$98,300Total$535,200
Tax Record2024$8,033 ($669 / month)
Home Facts
Beds2Baths1Total Finished SqFt446 SqFtAbove Grade Finished SqFt446 SqFtStories1Lot Size9,143 SqFtStyleSingle Family ResidenceYear Built1920CountyCUMBERLANDAPNPTLD M:092 B:A019001
Schools near 562 Island Avenue
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 |
|---|---|---|
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
