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Offered at $1,550,000Pending
beds
3
baths
2
sq ft
1,549
Built
2023

387 Commercial Street #322

Portland, ME 04101

About this home

Priced under value - This stunning corner condo is priced to sell. This is a rare opportunity to own a spacious three-bedroom, two-bathroom residence at Hobsons Landing with custom finishes. Also includes TWO deeded parking spaces, one being EV. Designed for effortless single-level living, the open-concept layout connects a well-appointed kitchen, dining area, and sunlit living room. A modern gas fireplace and custom built-ins anchor the space, which opens to a private corner deck--perfectly combining comfort and style. The spacious primary suite features a walk-in closet, an en-suite bath with a double vanity, and thoughtful privacy. The second and third bedrooms are light-filled and versatile, ideal as guest rooms or a personal office. Enjoy year-round comfort with efficient heat pumps. Additional conveniences include garage parking for two cars, complete with an EV charger. Nestled in a prime location close to the Old Port's shopping, dining, cultural events, and waterfront charm, this residence offers the best of city living. Building amenities include concierge service for convenience and peace of mind, a club room with a full kitchen, fireplace, and deck for entertaining, a fitness room for your health and wellness needs, a work/study room, private storage, an additional guest room available for rent, and two dog wash stations to keep your furry friends fresh and clean. This condo is perfect as an investment opportunity, seasonal occupancy or primary residence.

Listing last checked: Listing updated:

Listed by Listing Agent · Town & Shore Real Estate · MLS #1656243

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Electric, Heat Pump, Zoned, Radiant
Cooling
Heat Pump
Flooring
Tile, Wood
Fireplaces
1
Building5 property facts
Style
Condominium
Year built
2023
Garage
2
Foundation
Poured Concrete
Roof
Flat, Membrane
Land & utilities4 property facts
Lot size
0.0 acres
Water
Public
Sewer
Public Sewer
Zoning
Mixed Use
Financial3 property facts
Annual taxes
$19,401
Assessment year
2026
HOA fee
$685 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,550,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$9,454 / monthAdjust
Principal & interest
$7,838
Property tax
$1,617
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $19,401. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $685. 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 387 Commercial Street #322

Can I request a private showing?

Request a tour of 387 Commercial Street #322 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.