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703 Chandlers Wharf #703, Portland, ME, 04101

2beds
2baths
1,080sqft
$785,000
$727price/sqft
$4,988/moest. monthly cost
$199,520/yrincome needed

About This Home

Welcome to Chandlers Wharf building 7. A stand alone brick building sited on a private pier in the heart of Portlands Old Port. A premiere waterfront lifestyle awaits you with unobstructed views of lobster boats, yachts and harbor tours. Start your day on your covered balcony watching the sunrise with your morning coffee listening to the cry of the ospreys. The residence is a light filled end unit with expansive windows offering illumination throughout the day. This rare first floor one level condominium also has its own private entrance. An open concept kitchen,dining and living area has been updated recently. The kitchen would delight most chefs with high end appliances and a good amount of counter space. It's an easy walk to a few excellent fish markets. The kitchen is open to the dining and living room area And with over 1000 square feet the space feels spacious and functional. Highlights are a master bedroom suite that really feels private. Plenty of storage with deep closets. The guest bedroom has a bathroom from the hall adjacent to the room. Both bathrooms have been renovated with tile and shiplap. Other amenities include laundry in the unit and an ample entry area with an additional pantry closet. The charm of a working waterfront combined with world class restaurants and boutiques, a vibrant art and music scene make this spot very special whether it is your main residence or pied-a-terre

Getting Around

83
WalkingVery Walkable
52
TransitGood Transit
77
BikeVery Bikeable

Schools

2/10
King Middle SchoolGrades 6-81.1 mi
4/10
Portland High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Masonry,Brick

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Dining Area
  • Level: First
  • Area: 150
  • Dimensions: 10 x 15

Features

  • 1st Floor Bedroom,Shower,Primary Bedroom w/Bath
  • Window features: Double Pane Windows
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,080

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Heater
  • Cooling features: None

Interior Area

  • Total structure area: 1,080
  • Total interior livable area: 1,080 sqft

Kitchen

  • Features: Kitchen Island
  • Level: First
  • Area: 192
  • Dimensions: 12 x 16

Living Room

  • Level: First
  • Area: 130
  • Dimensions: 10 x 13

Primary Bedroom

  • Features: Closet,Full Bath,Suite
  • Level: First
  • Area: 260
  • Dimensions: 13 x 20

Property

Details

  • Zoning: WCZ Waterfront

Features

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

Lot

  • Features: Business District,Historic District,City Lot,Near Public Beach,Near Shopping,Near Turnpike/Interstate,Near Railroad,Level,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Common,Paved,1 - 4 Spaces
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $3,969$47,628
Home Insurance $115$1,380
Property Taxes $660$7,920
Electricity $244$2,930
Total$4,988$59,856

Income You'd Need if You Spent...

35% on housing$171,017/yr
40% on housing$149,640/yr
45% on housing$133,013/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

$727This listing

vs Other Active Listings

Avg $/sqft

ZIP 04101$433
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
2026-07-31Price change$785,000
2026-07-03Price change$799,000
2026-06-04Listed for sale$825,000
2025-04-10Sold$750,000
2025-03-26Pending sale$775,000
2025-03-24Contingent$775,000
2025-03-19Listed for sale$775,000
2015-07-17Sold$447,000
2015-06-23Listed for sale$447,000

For Sale by Agent

BrokerageRE/MAX Shoreline

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