About This Home

This 3-bedroom, 4-bathroom townhouse at 131 Summit Terrace in South Portland, ME is listed for $947,872 ($403 per sqft). Built in 2026, the home offers 2,350 sqft of living space on a 2.14 acres lot.

Key Features

  • Built in 2026
  • 2.14 acre lot
  • Fireplace

Property Details

3 full, 1 half
1-car garage
2026

Amenities

FireplaceA/C
Listing Description

The location doesn't get much better than Summit Terrace Condominiums in South Portland's sought-after Willard Beach area. Nestled beside city-owned conservation property on three sides, these beautiful three-story condominiums offer a private setting backing up to woods with trails.

This condominium features an elevator serving all three floors and an oversized one-car garage. Allowance packages for fixtures, flooring, and appliances offer opportunities to personalize your home. The ground floor offers flexible space for an efficiency or in-law setup, complete with a bathroom, kitchenette, and patio.

The second floor features a living room with a fireplace and access to a covered balcony, along with a kitchen, dining room, office, and half bath. Upstairs, the spacious primary suite includes an en suite bath, a large walk-in closet, and a private balcony.

A second bedroom with its own bath and a conveniently located laundry room complete the third floor. Heat pumps provide heating and air conditioning, supplemented by backup heat. Enjoy a private coastal retreat with beaches, waterfront trails, and neighborhood gathering spots close to home.

Spring Point Marina, the SMCC campus, Willard Beach, Willard Square, and Bug Light are all within walking distance. The property even features its own little duck pond in the backyard. Six units are currently framed in this building, with three sold or under contract and three still available.

Monthly Cost Estimate

$5,509/mo

20% down · 6.5% · 30 years

Principal$686
Interest$4,107
Insurance$276
HOA$440

Estimates only. Actual payments may vary.

Location

131 Summit Terrace

South Portland, ME 04106

Features & Amenities

Interior Features

In-Law ApartmentWalk-in ClosetsElevator Passenger1st Floor BedroomBathtubPantryShowerStoragePrimary Bedroom w/Bath

Property Details

Flooring

WoodTile

Construction

Wood Frame Vinyl Siding

Outdoor Features

PatioPorchDeck

Parking

OpenOther

Heating

Electric (Heating)Hot Water(Heating)ZonedNatural GasBaseboardHeat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 3-bedroom, 4-bathroom townhouse at 131 Summit Terrace is listed at $947,872 ($403/sqft). The estimated monthly payment is $5,509 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $440/month.

Key features include: Built in 2026, 2.14 acre lot, Fireplace. Interior Features: In-Law Apartment, Walk-in Closets, Elevator Passenger.

This property is listed by Anne Ross-Murray.

AR

Anne Ross-Murray

Agent at F.O. Bailey Real Estate

Listed by F.O. Bailey Real Estate · Broker phone: (207) 781-1111 · View on Broker Site · Broker website

MLS# 1683061· Source: Maine Listings· 2 days on PropertySimple

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

131 Summit Terrace, South Portland, ME 04106

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