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31 Elizabeth Street, Portland, ME
Freshly painted year-round home on Peaks Island Nestled on a tree-lined street, this 3-bedroom, 2-bathroom home offers the perfect mix of comfort and island charm. Enjoy the cozy living room, dine by the glow of the wood fireplace or unwind in the sunroom. Relax on enclosed front porch and sit on the back deck overlooking a spacious fenced yard--ideal for gardening or outdoor fun. Just a 7-minute walk takes you to the car ferry, Centennial Beach, local shops, restaurants, and more. In 10 minutes, you can reach the TEIA sailing and tennis club to fully embrace island life. Recently updated, this home now features heat pumps (5 zones) heating and cooling units, upgraded electrical service, a whole-house generator, and a new first-floor shower and outdoor shower. It also has city water, sewer, and weekly trash service. Only 15 minutes by car ferry from Portland, Peaks Island provides a tranquil retreat, yet remains close to all the city has to offer
Property Type
Single Family
Style
Dutch Colonial
Year Built
1915
Lot Size
5,662 sqft
Price / Sqft
$490
Days on Market
2 days
Full Baths
2
MLS #
20260415012950703594000000
Listing Type
Residential
Market
MREIS
31 Elizabeth Street, Portland, ME 04108 — Cumberland County
Ann Filipos
Townsend Real Estate

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How this home compares across city, state, and national benchmarks
Listed at $799,000, this 3-bed house in Portland is 77% above the Census median home value of $452,600 for Portland. Compared to 81 other 3-bed homes in Portland (averaging $969,943), this property is 18% below average. Maine's median home value is $241,756, putting this listing 230% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 204 homes for sale
Standout Features
Above Average
Standard
Portland has a population of 68,505 with a median household income of $76,174 and a homeownership rate of 46.7%. The median home value is $452,600 and the median rent is $1,487/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data