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Offered at $2,943,000Active
beds
3
baths
3
sq ft
2,514
Built
2026

246 Eastern Promenade #101

Portland, ME 04101

About this home

LIVE ELEVATED AT 246 EASTERN PROMENADE Only 6 Residences Remain. Completion Spring 2027. Perched above Casco Bay on the grassy sweep of the Eastern Promenade, this collection of just 13 architecturally striking condominiums marks the first residential development on this iconic stretch of Portland's East End in over 50 years. Each residence is thoughtfully designed for those who appreciate timeless elegance, elevated craftsmanship, and a genuine connection to place. This 2,514 sq ft main-level residence offers effortless, single-floor living with direct entrance into the building and a private patio that opens onto the Promenade's network of paths - perfect for leashed dog walks, morning coffee, or unwinding after work. Inside, an open-concept living area centers on a fireplace and wet bar, ideal for quiet nights in or entertaining guests. Two ensuite bedrooms provide privacy and flexibility, while a versatile den/third bedroom adapts easily to a home office, guest room, or media space. Floor-to-ceiling windows and 9-10 ft ceilings fill the home with natural light and views toward Casco Bay. Custom-built kitchen and bath cabinetry by Pond Cove Millworks, and with construction still underway, there's still time to personalize select finishes. Nichiha architectural fiber cement siding, energy-efficient Pella windows, and top-tier HVAC systems ensure comfort year -round, complemented by garage parking, a private climate-controlled storage room, dedicated bike storage, a mail room, and elevator access throughout the building. Steps from the East End beach, the Eastern Trail, the Portland Observatory, Allen Park Gazebo and just a short stroll to the restaurants, cafés, galleries, and the energy of the Old Port. 246 Eastern Promenade offers a rare blend of coastal serenity and vibrant city living. Hard hat tours are now available. Reach out today for floor plans, detailed specs, and to schedule your visit.

Listing last checked: Listing updated:

Listed by Listing Agent · The Flaherty Group · MLS #1677564

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Details at a glance

Interior5 property facts
Rooms
8
Heating
Electric, Heat Pump, Radiant
Cooling
Heat Pump
Flooring
Tile, Wood
Fireplaces
1
Building5 property facts
Style
Condominium
Year built
2026
Garage
1
Foundation
Poured Concrete
Roof
Flat
Land & utilities4 property facts
Lot size
0.64 acres
Water
Public
Sewer
Public Sewer
Zoning
R6
Financial3 property facts
Annual taxes
$9,999
Assessment year
2027
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $2,943,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$15,715 / monthAdjust
Principal & interest
$14,881
Property tax
$833
Insurance
Not entered
HOA
$0

Listing annual taxes: $9,999. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance 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 246 Eastern Promenade #101

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Request a tour of 246 Eastern Promenade #101 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.