1040 Ocean Avenue, Portland, ME 04103

$275,000

Property Type: Land Lot Size (sq. ft.): 79,715 Status: Active

Current Price: $275,000 List Date: 7/16/2026 Last Modified: 7/16/2026

Overview

Description

Blank Canvas Opportunity on Ocean Avenue. Discover a rare gem offering the perfect balance of tranquil privacy and urban convenience. Situated on a flat, secluded 1.83-acre lot, 1040 Ocean Avenue provides a serene retreat just minutes from downtown Portland and Falmouth. The property boasts exceptional natural borders, flanked to the west by the preserved open space of the Old Barn Estates development and to the south by a peaceful city park. The property has been surveyed and soil tested. Please note: The existing structure on the property will need to be razed. Buyer is responsible for all due diligence.

Listing Details MLS# 1672243

Location Information

Street #: 1040
Street Name: Ocean
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 4703
Book: 39661
Page: 108
Map: 415
Lot: A002
Zoning: RN-1
Zoning Overlay: No
Association: No
Full Tax Amount $: 1746
Tax Year: 2024
Tree Growth Y/N: No

Contract Information

Original List Price: 275000
List Price/Acre: 150273.22

Property Information

Surveyed: Yes
Seasonal: No
Deed Type Offered: Warranty
Deed: All
Mobile Homes Allowed: Unknown
Lot Size Acres +/-: 1.83
Source of Acreage: Deed

Water Info

Waterfront: No
Water View: No

More Information

Property Features

Site: Level Location: Near Town; Near Turnpike/Interstate Roads: Paved; Public Driveway: Paved Parking: 5 - 10 Spaces Electric: No Electric Gas: No Gas Sewer: Septic Needed Water: Public

Documents

Property Disclosure Public Access ›

Lead Paint ›

Survey ›

Soil Test Results ›

Listing Office: Better Homes and Gardens Real Estate/The Masiello Group

Last Updated: July - 16 - 2026

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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.