For Sale House MLS# 1658995

494 Island Avenue

Portland, ME 04108

$879,999

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Listing Office

Officemaine_real_estate_information_system_inc_statewide_mls logoLocations Real Estate Group LLC

About 494 Island Avenue

Here's your opportunity of a lifetime! This spectacular property is a truly rare offering with approximately 220 feet of ocean frontage overlooking Diamond Pass. Set well back from the road and perched along the shoreline, it captures sweeping, serene water views, sandy beach frontage (a rarity on the island), and a sense of peace and privacy that is increasingly hard to find. Whether it's mornings watching boats pass through the channel or quiet evenings at the water's edge, this is a setting that invites you to slow down and stay awhile. The existing home is ready for your vision--whether restoration, expansion, or reimagining. Whatever you choose, here's your opportunity to create something special in an extraordinary setting. Located near the island clubhouse and just steps from the water, there's potential for a mooring and possibly a dock (please verify). You're encouraged to perform your own due diligence regarding dock feasibility and accessory dwelling unit opportunities. It's rare to find this level of frontage, sandy beach access, and panoramic views in one property! Rarer still to have the opportunity to make it your own.

Property details

Property

Type
single
Year built
1965
Living area
716 sqft
Price / sqft
$1,229
Lot
0.9 ac
List date
Apr 23, 2026

Schools

District
Portland

Location

School district
Portland

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.