383 Commercial Street
Portland, ME 04102
- 3 beds
- 4 baths
- 3,148 sqft
- $1,191 per sqft
- 2021 build
- – on site
Portland, Maine, has risen to prominence as one of the nation's most sought-after small cities. The property at 383 Commercial St Penthouse PH7 presents an unparalleled opportunity, offering outstanding value at \$1192 per square foot, notably below the city's luxury condominium market values. The residence is ideally located within walking distance of esteemed, nationally acclaimed restaurants, the scenic waterfront, and the historic Old Port, which features diverse galleries, museums, music venues, and private marinas. Its proximity to Portland's international airport and top-tier medical facilities enhances its appeal. Moreover, residents enjoy convenient access to recreational pursuits such as hiking, skiing, boating, fishing, kayaking, and canoeing. Unit #701 stands out as Hobson Landing's premier PH7 penthouse, boasting panoramic water views of Portland Harbor extending to Casco Bay from a private 700+ sq ft observation deck, affectionately known as 'Vantage Point'. The penthouse includes three bedroom suites, a generous den/bedroom with a private balcony offering skyline views, custom cabinetry, custom woodwork with luxurious appointments, and garage parking with an additional EV charging space available. The exceptional dining room features a gas fireplace and 3 1/2 baths, complete with high-end appliances, including a 36-inch Wolf range, Sub-Zero refrigerator, and Marvel wine refrigerator. Hardwood flooring, over 9-foot ceilings, a gas fireplace, and radiant heat in the primary bathroom are standard throughout all units. Residents also benefit from a 24-hour secure lobby entrance with concierge service, a clubroom with a fireplace, deck, and full kitchen, a fitness center, a dog wash, a reservable guest suite, a courtyard with grills, and a shared workspace. Located only 1 hour and 45 minutes from Boston, MA. To experience this exceptional property firsthand, please call to arrange a private showing at your convenience.
Last checked:
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Last updated Apr 16, 2025
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MLS# 1605707 —
The Building
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Year Built:2021
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Construction Materials:Fiber Cement, Brick, Steel Frame
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Roof:Flat, Membrane
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Basement:None, Not Applicable
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Unit Number:701
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Direction Faces:None
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Building Features:None
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Patio And Porch Features:Deck
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Security Features:Fire System, Security System
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# of Buildings:1
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Building Area Total:3148.0
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Building Area Source:Public Records
Interior
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Rooms Total:8
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Kitchen:true
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Fireplace:true
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Fireplace Features:None
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Flooring:Wood, Tile
Room Dimensions
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Living Area:None
Financial & Terms
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Land Lease:false
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Rent Includes:None
Location
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Directions:None
The Property
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Lot Features:Well Landscaped, Level, Sidewalks, Historic District, Intown, Near Shopping, Near Public Transit
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Lot Size:0 Sqft
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Lot Size Source:Public Records
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Lot Size Dimensions:None
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Zoning:Mixed Use
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Property Attached:No
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View:Scenic
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Current Use:None
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Possible Use:None
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Topography:None
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Waterfront:false
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Waterfront Features:Harbor
Listing Agent
- Contact info:
- Agent phone:
- (207) 699-8963
- Office phone:
- (207) 203-9022
Taxes
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Tax Year:2023
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Tax Annual Amount:$42,125
Beds
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Bedrooms Total:3
Baths
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Full Baths:3
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Three Quarter Baths:None
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Half Baths:1
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=z6hXq3Bdsap
Heating & Cooling
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Heating:Zoned, Heat Pump
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Heating:true
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Cooling:true
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Cooling:Central Air
Utilities
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Utilities:Utilities On
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
Schools
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Elementary School:None
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Middle Or Junior School:None
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High School:None
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High School District:Portland Public Schools
The Community
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Spa Features:None
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Pool Private:No
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Water Body Name:Casco Bay
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Pets Allowed:2 Pets
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Association Amenities:None
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Association Fee Includes:None
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Association:true
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Association Fee:1039.0
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Association Fee Frequency:Monthly
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# of Units In Community:86
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport Spaces:None
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Parking Features:Auto Door Opener, Reserved Parking, Basement, 1 - 4 Spaces, Common, On Site, Underground
Monthly cost estimate

Asking price
$3,750,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$20,080
|
Taxes | $3,510 |
Insurance | $1,031 |
HOA fees | $1,039 |
Utilities | $253 See report |
Total | $25,913/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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10/8/24
Oct 8, 2024
|
Listed / Active | MREIS | $3,750,000 | |
10/2/24
Oct 2, 2024
|
Delisted / Withdrawn | MREIS | $3,750,000 |