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6 Oceanview Terrace, Portland, ME, 04108

4beds
2baths
1,616sqft
$998,000
$618price/sqft
$6,681/moest. monthly cost
$267,240/yrincome needed

About This Home

Set on a grassy knoll overlooking the shore, this spectacular 4-bedroom, 1.5-bath, year-round* home makes the most of its exceptional setting. Tucked away from the beaten path, amid a loose braid of gravel lanes, the distinctive home extends a warm welcome with a mature apple tree, blooming hydrangeas and perennials, a lush green lawn, a row of Adirondack chairs, a patio that serves equally well for entertaining or parking, and a wide stone walkway. Years of care and daily enjoyment are evident throughout. The newly reconstructed wraparound porch anchors the home, expanding the living space and providing the perfect setting to grill, dine, relax, entertain, and enjoy salt air and water views. Inside, the comfortable floor plan is rich with character. Soaring 9½-foot ceilings, exposed beams and rafters, shiplap walls, a stained-glass window, tasteful fixtures, and classic cottage details create an inviting interior that blends timeless charm with everyday livability. The kitchen reflects a commitment to preserving the home's vintage appeal without sacrificing functionality. The adjoining dining area is ideal for family meals and game nights, while the nearby living room, warmed by a gas stove, enjoys picturesque water views. A newly added half bath is a welcome convenience. Upstairs, four intentionally rustic-chic bedrooms with vaulted ceilings and exposed framing evoke a sense of nostalgia. An exceptional custom-designed porch room is filled with natural light throughout the day and offers delightful water views--an idyllic retreat for reading, relaxing, or simply soaking in the surroundings. Additional features include an irrigation system, efficient Rinnai heaters, custom closet organization, built-ins, an outdoor shower, structural reinforcement, and a walk-in/walk-out basement. This is where memories are waiting to be made. Walk to the nearby shore or bustling village. From there, a short ferry ride delivers you to Portland's celebrated Old Port.

Getting Around

27
WalkingCar-Dependent
21
TransitMinimal Transit
47
BikeSomewhat Bikeable

Schools

8/10
Peaks Island SchoolGrades PK-50.6 mi
2/10
King Middle SchoolGrades 6-84.3 mi
4/10
Portland High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 1898

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Membrane,Other,Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Dutch Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Gas Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Walk-Out Access,Full,Partial,Unfinished

Bedroom1

  • Features: Closet
  • Level: Second

Bedroom2

  • Features: Built-in Features,Closet
  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Informal
  • Level: First

Features

  • Pantry,Shower,Storage
  • Window features: Double Pane Windows
  • Flooring: Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,616

Heating & Cooling

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

Interior Area

  • Total structure area: 1,616
  • Total interior livable area: 1,616 sqft

Kitchen

  • Level: First

Living Room

  • Features: Built-in Features,Gas Fireplace
  • Level: First

Sunroom

  • Features: Four-Season,Vaulted Ceiling(s)
  • Level: Second

Property

Details

  • Parcel number: PTLDM085BO017001
  • Zoning: IR-2

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: Scenic
  • Waterbody name: Casco Bay/Ocean

Lot

  • Lot size: 8,712 sqft
  • Features: Neighborhood,Corner Lot,Level,Landscaped

Parking

  • Parking features: Other,1 - 4 Spaces,On Site,Paved

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Winter Weather
Hurricane
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 $5,046$60,552
Home Insurance $269$3,228
Property Taxes $1,122$13,464
Electricity $244$2,930
Total$6,681$80,172

Income You'd Need if You Spent...

35% on housing$229,062/yr
40% on housing$200,430/yr
45% on housing$178,160/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

$618This listing

vs Other Active Listings

Avg $/sqft

ZIP 04108$497
Cumberland County$368

vs Homes Sold Last Month

Median $/sqft

ZIP 04108$377
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)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$998,000
2026-07-29Listed for sale$998,000
2019-10-11Sold$539,000
2019-08-26Listed for sale$539,000

For Sale by Agent

AgentSue Lessard
BrokeragePortside Real Estate Group

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