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512 Chandlers Wharf #512, Portland, ME, 04101

2beds
3baths
1,705sqft
$1,190,000
$698price/sqft
$7,440/moest. monthly cost
$297,600/yrincome needed

About This Home

Experience one of Portland's most coveted waterfront settings at Chandler's Wharf, where the energy of the Old Port meets the beauty of Casco Bay. Meticulously renovated throughout, this exceptional townhouse offers 2 bedrooms, 2 full bathrooms, and a half bath. The custom kitchen features Calacatta marble countertops, bespoke oak cabinetry and paneling, and a curated collection of premium appliances including a Wolf gas range, Sub-Zero refrigerator, and Miele dishwasher. The living room, centered around an Ortal gas fireplace, opens to a private deck overlooking the harbor, where boats and Portland's iconic working waterfront create an ever-changing view. Upstairs, the primary suite offers a beautifully appointed bath with heated floors, including a heated shower floor. A versatile loft provides space for a home office, media room, fitness area, or guest accommodations. Exceptional custom millwork and thoughtful craftsmanship are evident throughout, while two covered garage parking spaces provide a level of convenience rarely found in the Old Port. Opportunities to enjoy true waterfront living just steps from Portland's acclaimed restaurants, boutiques, galleries, and marinas are exceptionally rare.

Getting Around

80
WalkingVery Walkable
52
TransitGood Transit
75
BikeVery Bikeable

Schools

2/10
King Middle SchoolGrades 6-81.2 mi
4/10
Portland High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Wood Frame,Shingle Siding,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Other,Shingle
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Trash Compactor,Washer

Basement

  • Basement: None

Bedroom2

  • Features: Closet,Full Bath,Suite
  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Dining Area,Informal
  • Level: Second

Features

  • Shower,Storage,Walk-In Closet(s),Primary Bedroom w/Bath
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,705
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Radiant
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,705
  • Total interior livable area: 1,705 sqft

Kitchen

  • Level: Second

Living Room

  • Features: Built-in Features
  • Level: Second

Loft

  • Features: Skylight
  • Level: Upper

Primary Bedroom

  • Features: Cathedral Ceiling(s),Full Bath,Suite,Walk-In Closet(s)
  • Level: Third

Property

Details

  • Zoning: WCZ

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Casco Bay

Lot

  • Features: City Lot,Near Public Beach,Near Shopping,Level,Sidewalks,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Common,Paved,1 - 4 Spaces,On Site,Underground,Basement
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Winter Weather
Coastal Flooding
Hail
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,017$72,204
Home Insurance $175$2,100
Property Taxes $1,001$12,012
Electricity $247$2,974
Total$7,440$89,280

Income You'd Need if You Spent...

35% on housing$255,085/yr
40% on housing$223,200/yr
45% on housing$198,400/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$698This listing

vs Other Active Listings

Avg $/sqft

ZIP 04101$426
Cumberland County$368

vs Homes Sold Last Month

Median $/sqft

ZIP 04101$508
Cumberland County$317

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Listed for sale$1,190,000
2021-12-15Sold$700,000
2021-11-15Pending sale$695,000
2021-11-11Listed for sale$695,000

For Sale by Agent

AgentDavid Banks
BrokerageRE/MAX By The Bay

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