7 Orange Street, Portland, ME 04102

$595,000

SCHILLER-20260420-Building Section w_slo

Property Type: Land Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $595,000 List Date: 4/24/2026 Last Modified: 7/29/2026

Overview

Description

DEVELOPMENT OPPORTUNITY: Entitled 8-Unit Site in Portland's Coveted West End -- 100% Inclusionary Zoning (IZ) Exempt. Avoid the multi-year planning hurdles. This premium corner parcel is sold fully de-risked and conceptually entitled, packaged with a formal Zoning Summary Memorandum (Perkins Thompson) validating a full 8-unit build, alongside an architectural massing study (Kaplan Thompson Architects). By staying under the city's 10-unit threshold, this project is entirely exempt from Portland's strict Inclusionary Zoning mandates, affordable housing quotas, and fee-in-lieu penalties. Unmatched natural topography unlocks spectacular, unobstructed inner harbor and active boatyard views that begin directly from the ground-level grass and expand into a panoramic sweep from the upper floors and potential 45-foot rooftop deck. The site sits entirely outside the Historic Overlay District, and the natural downhill slope perfectly accommodates street-level, tucked-under parking to drastically ... (Read more)

Listing Details MLS# 1659152

Location Information

Street #: 7
Street Name: Orange
Street Type: Street
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04102
Zip +4: 3923
Book: 41201
Page: 207
Map: 57
Block: H
Lot: Yes
Zoning: RN-4
Zoning Overlay: No
Association: No
Full Tax Amount $: 3683
Tax Year: 2026
Tree Growth Y/N: No

Contract Information

Original List Price: 695000
List Price/Acre: 4250000

Property Information

Surveyed: Yes
Seasonal: No
Deed Type Offered: Warranty
Mobile Homes Allowed: Unknown
Lot Size Acres +/-: 0.14
Source of Acreage: Public Records

Water Info

Water Frontage: No
Water View: Yes
Water Body Name: Fore River

Site

Corner Lot: Yes
Open: Yes

Location

Intown: Yes
Near Shopping: Yes
Neighborhood: Yes

More Information

Roads

Paved: Yes
Public: Yes

Water Body Type

Bay: Yes
River: Yes

View

Scenic: Yes

Parking

No Parking: Yes

Electric

No Electric: Yes

Gas

No Gas: Yes

Sewer

None: Yes

Water

None: Yes

Driveway

No Driveway: Yes

Property Features

Site: Corner Lot; Open Location: Intown; Near Shopping; Neighborhood Roads: Paved; Public Water Body Type: Bay; River View: Scenic Driveway: No Driveway Parking: No Parking Electric: No Electric Gas: No Gas Sewer: None Water: None

Documents

Kaplan Thompson Study ›

Property Disclosure Public Access ›

Listing Office: Vitalius Real Estate Group, LLC

Last Updated: July - 29 - 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.