About This Home

This 0-bedroom, 0-bathroom single family at 1040 Ocean Avenue in Portland, ME is listed for $275,000. on a N/A lot.

Listing Description

Blank Canvas Opportunity on Ocean Avenue.Discover a rare gem offering the perfect balance of tranquil privacy and urban convenience. Situated on a flat, secluded 1.83-acre lot, 1040 Ocean Avenue provides a serene retreat just minutes from downtown Portland and Falmouth.The property boasts exceptional natural borders, flanked to the west by the preserved open space of the Old Barn Estates development and to the south by a peaceful city park.

The property has been surveyed and soil tested. Please note: The existing structure on the property will need to be razed. Buyer is responsible for all due diligence.

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

1040 Ocean Avenue

Portland, ME 04103

Questions & Answers

This 0-bedroom, 0-bathroom single family at 1040 Ocean Avenue is listed at $275,000. The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Andrew Carr.

AC

Andrew Carr

Agent at Better Homes and Gardens Real Estate The Masiello Group

Listed by Better Homes and Gardens Real Estate The Masiello Group · Broker phone: (800) 741-1540 · Broker website

MLS# 1672243· Source: Better Homes and Gardens-The Masiello Group· 107 days on PropertySimple

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1040 Ocean Avenue, Portland, ME 04103

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