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Offered at $725,000Active
beds
2
baths
2
sq ft
1,317
Built
1975

340 Eastern Promenade #218

Portland, ME 04101

About this home

A rare opportunity to enjoy life on the quieter side of Portland's coveted East End, directly across from the iconic 63-acre Eastern Promenade. Designed by the renowned Olmsted firm, this extraordinary waterfront park offers sweeping lawns descending toward Casco Bay, a beach and boat launch, walking and biking trails, community gardens, tennis and pickleball courts, basketball courts, ball fields, and playgrounds—all just outside your door.The association offers an impressive collection of amenities, including an in-ground pool, grilling patio with fire pit, fitness room, bike storage, library, spacious meeting room, beautifully appointed lobby, elevators, individual storage, ample guest parking, and assigned/deeded owner parking. Remarkably ,monthly dues include internet and cable. What truly distinguishes this residence is something only a select few units enjoy: a private, ground-level entrance directly into the home, conveniently located beside its designated covered parking space and garage. Arrive home and step directly inside—an especially welcome luxury when unloading groceries during a Maine rainstorm or winter snowfall.The expansive covered balcony is another exceptional feature, feeling more like an outdoor room than a traditional balcony. Overlooking the Promenade, it provides a wonderful setting for morning coffee, evening cocktails, spectacular sunrises and moonrises, or simply relaxing and taking in the surroundings.Offering more than 1,300 square feet, this two-bedroom, one-and-a-half-bath residence lives more like a home than a condominium. From the private entrance, a convenient mudroom leads into the generous living and dining areas, with direct access to the covered balcony. Just beyond the dining area is an updated, well-appointed galley kitchen.A welcoming foyer connects the home's private spaces, including a storage and utility area, half bath, two comfortable bedrooms, an updated full bath with custom shower, and a dedicated laundry room

Listing last checked: Listing updated:

Listed by Listing Agent · RE/MAX Realty One · MLS #1681087

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Electric, Baseboard
Cooling
Central Air
Flooring
Carpet, Tile, Wood
Fireplaces
0
Building5 property facts
Style
Condominium
Year built
1975
Garage
1
Foundation
Poured Concrete
Roof
Flat, Membrane
Land & utilities4 property facts
Lot size
0.0 acres
Water
Public
Sewer
Public Sewer
Zoning
R6
Financial3 property facts
Annual taxes
$7,140
Assessment year
2025
HOA fee
$593 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $725,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,261 / monthAdjust
Principal & interest
$3,666
Property tax
$595
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,140. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $593. 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 340 Eastern Promenade #218

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Request a tour of 340 Eastern Promenade #218 and a Bean Group agent will help coordinate an available time with the listing side.

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

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