See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

269 Commercial Street #5B, Portland, ME, 04101

1beds
1baths
1,100sqft
$489,900
$445price/sqft
$3,355/moest. monthly cost
$134,200/yrincome needed

About This Home

Perched atop the historic 1867 Swasey & Co. building, this penthouse condo offers a unique opportunity to enjoy Portland from above. With the largest private deck in the building and sweeping views of the city, harbor, and peeking glimpses of Casco Bay, this is downtown Portland living at its finest. Inside, large windows flood the space with natural light, while cathedral ceilings and exposed beams add warmth and character. The bedroom overlooks Commercial Street, offering a front-row seat to Portland's waterfront activity. Upstairs, the loft provides flexible space for guests, a home office, or a cozy study or music room to unwind. The real highlight is the expansive deck. Whether you're starting your day with a cup of coffee, enjoying the sea breeze, or gathering with friends on a summer evening, this outdoor space is made for relaxing. Located in the heart of the Old Port, you'll be just steps from some of the city's best restaurants, shops, galleries, and waterfront attractions. If you've been looking for a low-maintenance city retreat with character and an unbeatable location, this penthouse is not to be missed.

Getting Around

98
WalkingWalker's Paradise
53
TransitGood Transit
81
BikeVery Bikeable

Schools

2/10
King Middle SchoolGrades 6-81.0 mi
4/10
Portland High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1867

Materials

  • Foundation: Stone,Granite,Brick/Mortar
  • Roof: Membrane,Shingle
  • Construction materials: Masonry,Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator
  • Laundry features: Laundry - Coin

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Other

Bedroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • 1st Floor Bedroom,Elevator
  • Flooring: Carpet,Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,100

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Kitchen

  • Level: First

Living Room

  • Features: Cathedral Ceiling(s)
  • Level: First

Loft

  • Features: Skylight,Sleeping,Storage
  • Level: Second

Property

Details

  • Parcel number: PTLDM038BG00205B
  • Zoning: B3

Features

  • Levels: Multi/Split
  • Patio & porch: Deck

Lot

  • Features: Business District,Historic District,City Lot,Near Shopping,Near Town,Level,Sidewalks

Parking

  • Parking features: No Driveway,Off Site

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 $2,477$29,724
Home Insurance $72$864
Property Taxes $562$6,744
Electricity $244$2,930
Total$3,355$40,260

Income You'd Need if You Spent...

35% on housing$115,028/yr
40% on housing$100,650/yr
45% on housing$89,466/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

$445This listing

vs Other Active Listings

Avg $/sqft

ZIP 04101$437
Cumberland County$369

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
2026-08-17Contingent$489,900
2026-07-15Price change$489,900
2026-06-08Listed for sale$495,000
2024-12-31Listing removed$545,000
2024-07-23Price change$545,000
2024-07-12Listed for sale$595,000
2022-06-15Sold$475,000
2022-05-27Pending sale$427,000
2022-05-25Listed for sale$427,000
2022-03-18Listing removed--
2022-02-15Listed for sale$427,000
2022-02-11Pending sale$427,000
2022-02-11Contingent$427,000
2022-01-12Listed for sale$427,000
2021-12-15Listing removed--
2021-11-16Listed for sale$427,000

For Sale by Agent

AgentLindsay Jeffries
BrokeragePortside Real Estate Group

Similar Homes