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Bean Group
Offered at $1,774,000Active
beds
4
baths
4
sq ft
2,720
Built
2024

5 Salem Street

Portland, ME 04102

About this home

A rare opportunity to own a truly distinctive contemporary residence in Portland's coveted West End, now newly priced. Custom-built with an emphasis on architecture, natural light, sustainability, and year-round comfort, 5 Salem Street is a one-of-a-kind home unlike anything else on the Peninsula. Be sure to watch the new property film to experience the architecture, light, and exceptional indoor-outdoor living this home offers. Designed across three levels, the home features 3 bedrooms, 2 full baths and 1 half bath, soaring ceilings, dramatic translucent elements, and a striking two-story light shaft that fills the interior with natural light. Therma-Steel insulated panels, Marvin windows, Boral siding, and Azek trim contribute to its energy efficiency and distinctive design. The spectacular 2026 kitchen features rift-cut oak cabinetry, integrated storage, a statement island, paneled refrigerator, black granite countertops and backsplash, and premium Thermador appliances, including a new natural gas range. An appliance garage, coffee station, custom dining credenza, motorized blinds, and new washer and dryer add thoughtful function. The top floor is crowned by a sun-drenched winter garden beneath skylights and a translucent roof system, capturing abundant natural light and glimpses of Casco Bay. Six covered porches extend the living space outdoors, while an enclosed backyard provides rare private outdoor space. The ground level includes a studio with kitchen, full bath, private entrance, and outdoor space- offering flexibility for guests, a home office, creative studio, or rental use. A climate-controlled garage is a rare Peninsula amenity. Just moments from Portland's restaurants, the Old Port, and waterfront, 5 Salem Street offers an extraordinary opportunity to own a modern architectural masterpiece in one of Portland's most desirable neighborhoods. Join me for the Open House Saturday, October 3 11:00 AM-12:30 PM

Listing last checked: Listing updated:

Listed by Listing Agent · Peninsula Real Estate LLC · MLS #1670068

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Electric, Heat Pump
Cooling
Heat Pump
Flooring
Concrete, Tile, Wood
Fireplaces
1
Building5 property facts
Style
Single Family Residence
Year built
2024
Garage
2
Foundation
Poured Concrete
Roof
Membrane, Metal, Other
Land & utilities4 property facts
Lot size
0.06 acres
Water
Public
Sewer
Public Sewer
Zoning
RN-4
Financial2 property facts
Annual taxes
$17,166
Assessment year
25

Location

Estimated monthly cost

Explore costs at the $1,774,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$10,401 / monthAdjust
Principal & interest
$8,970
Property tax
$1,431
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $17,166. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

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 5 Salem Street

Can I request a private showing?

Request a tour of 5 Salem Street 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.