Pegasus Realty Group
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59 New Island Avenue, Portland, ME 04108

$925,000
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Active Under Contract
BEDS3 BATHS1 full SQUARE FEET1,266 MLS#1662192
STATUSActive Under Contract PROPERTY TYPEResidential - Single Family

Property Description

Perched at the top of Whitehead Street, this charming year-round home enjoys one of the most scenic outlooks on Peaks Island, with sweeping views toward Cushing Island. Dotted with vintage cottages and gently sloping toward Hadlock Cove and Picnic Point, Whitehead Street captures the timeless coastal character that makes this island a Casco Bay favorite. With the shoreline just steps away, walks to the water become part of daily life.A welcoming covered porch sets the tone for relaxed island living, presenting the perfect perch to enjoy sea breezes and the vibrant neighborhood atmosphere. Inside, the thoughtfully preserved and well-maintained cottage features a bright, cheerful first floor with gathering spaces. Cozy up beside the propane stove or enjoy meals with water views from the dining area. The kitchen is flanked by a first-floor bath and laundry for added convenience. A practical mudroom and flex room--currently used as a music room--allows options for a den, or formal dining room.Upstairs, the primary bedroom opens to a private balcony nestled among the trees, creating a treehouse-like retreat with views. Two additional bedrooms await family and guests.Outdoor living shines here, with a wonderful exterior shower, easy-access storage, and a large sunny corner lot enhanced by fencing, mature trees, hardy shrubs, and perennial gardens.Just a short stroll from the island's beloved ''Down Front'' shops, restaurants, and ferry landing, this special property grants convenient access to both island charm and the energy of nearby Old Port. A quick ferry ride connects you to downtown Portland while allowing you to return home to the vibrant community of Peaks Island, known for its year-round spirit, creative energy, and welcoming neighbors. OPEN HOUSE Sat., May 23, 11-1:00

59 New Island Avenue | MLS# 1662192

This single family home located at 59 New Island Avenue, Portland, ME 04108 is currently listed for sale with an asking price of $925,000. This property was built in 1882 and has 3 bedrooms and 1 full baths with 1266 sq. ft. Search Portland real estate on pegasusrealtygroup.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Interior Entry, Partial, Unfinished
Basement: Yes
Heating: Oil, Propane, Baseboard, Hot Water
Home Style: Cottage
Lot Size: 0.10 Acres
Roof Type: Shingle
Taxes: $6,163
Year Built: 1882

Feature Descriptions

Amenities: Fence, Laundry - 1st Floor, Shower, Storage
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator
Electric: Circuit Breakers
Exterior: Wood Frame, Shingle Siding
Flooring: Tile, Vinyl, Wood
Foundation: Stone, Pillar/Post/Pier
Lot: Intown, Near Public Beach, Near Shopping, Neighborhood, Corner Lot, Level, Open Lot, Rolling Slope, Landscaped
Parking: No Driveway,1 - 4 Spaces, On Site
Road Surface: Paved
Sewer: Other, Private Sewer
Special View Info: Scenic
SQ FT Above Grade: 1266
SQ FT Below Grade: 0
Total Rooms: 7
Water: Public
Water Body Name: Casco Bay, Ocean

Listed By / Shown By

Listed By

Agency Name: Portside Real Estate Group
Agent Name: Susan Lessard
Agency Phone: 207-536-4222

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Shown By

Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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$ 2,842.02 per month $2,058.65 Principal & Interest $513.58 Property Tax $269.79 Homeowner's Insurance

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