About this home
Set on an island just three miles off of Portland Maine sits an amazing development and community named Diamond Cove. Dating back to the Spanish American War originally constructed as an army fort, Diamond Cove was reimagined in the 1990's: The barracks, officers' quarters and support staff buildings have been transformed into luxury properties. This resort type community also features a marina, pool, gym, tennis courts an Inn and two restaurants, plus a game room and antique bowling alley and more. There are also 5 different beaches that are for the exclusive use of the residents. The original developer also carved out waterfront and water view private home lots. Lot 7 is the last available lot on Diamond Cove. This water view lot has an impressive western exposure featuring amazing sunsets overlooking Casco Bay looking across to the Foreside and Portland. With a nice open and level building window, this a great opportunity to build your summer or year-round dream home. Diamond Cove is incredibly private and only allows golf carts (no cars or trucks allowed for owners/guests) which makes for a safe and peaceful haven for children and adults alike. A quick 20-minute water taxi or slightly longer ferry ride will you bring to the vibrant dining and shopping hub of Portland's Old Port.
Listing last checked: Listing updated:
Listed by Listing Agent · Legacy Properties Sotheby's International Realty · MLS #1666945
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 1.96 acres
- Water
- Public
- Sewer
- Septic Needed
- Zoning
- ER
Financial3 property facts
- Annual taxes
- $2,223
- Assessment year
- 2025
- HOA fee
- $725 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $247,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,434 / monthAdjust
- Principal & interest
- $1,249
- Property tax
- $185
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,223. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $725. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 119 West Shore Drive
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