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29 Deering Street #3, Portland, ME, 04101

2beds
1baths
1,426sqft
$725,000
$508price/sqft
$4,847/moest. monthly cost
$193,880/yrincome needed

About This Home

An incredible, rare two level penthouse on coveted Deering Street in Portland's historic West End. Occupying the top two floors of a beautifully restored 1867 Victorian, this light filled residence offers exceptional scale, privacy, and character in the heart of the peninsula. Rich hardwood floors, exposed brick, soaring ceilings, and abundant natural light bring warmth and depth to every room. Upstairs, an expansive vaulted loft anchors the home, ideal as a primary suite, private office, art studio, or reading room. It's the kind of space that adapts to how you actually live. The residence spans 1,426 official finished square feet, with roughly 2,000 square feet of total heated floor space. Behind the historic details are modern comforts: an on demand gas boiler, R 60 attic insulation, sound dampening floor underlayment, updated safety systems, a private patio, bonus eave storage, and basement storage. Set on one of Portland's most picturesque tree lined streets, you're just steps from the Western Promenade, local restaurants, the Arts District, Maine Medical Center, and the waterfront. Permitted Residential street parking is available, as well as garage and lot options nearby. Your zen sanctuary awaits - private showings available by appointment

Getting Around

96
WalkingWalker's Paradise
53
TransitGood Transit
90
BikeBiker's Paradise

Schools

2/10
King Middle SchoolGrades 6-80.4 mi
4/10
Portland High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1867

Materials

  • Foundation: Granite,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Masonry,Wood Frame,Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Electric Range,Refrigerator,Washer,Tankless Water Heater

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Walk-Out Access,Daylight,Full,Brick/Mortar,Unfinished

Bedroom1

  • Features: Closet,Laundry/Laundry Hook-up
  • Level: Third

Bedroom2

  • Features: Closet
  • Level: Third

Bedrooms & Bathrooms

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

Bonus Room

  • Features: Cathedral Ceiling(s),Skylight,Vaulted Ceiling(s)
  • Level: Upper

Features

  • Bathtub,Shower,Storage,Walk-In Closet(s)
  • Flooring: Ceramic Tile,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,426

Heating & Cooling

  • Heating features: Baseboard,Hot Water
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,426
  • Total interior livable area: 1,426 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: Third

Living Room

  • Level: Third

Property

Details

  • Parcel number: PTLDM046BA012003
  • Zoning: RES

Features

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

Lot

  • Features: Historic District,City Lot,Near Shopping,Neighborhood,Level,Sidewalks,Landscaped

Parking

  • Parking features: Other,1 - 4 Spaces,Leased,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

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
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 $3,665$43,980
Home Insurance $106$1,272
Property Taxes $832$9,984
Electricity $244$2,930
Total$4,847$58,164

Income You'd Need if You Spent...

35% on housing$166,182/yr
40% on housing$145,410/yr
45% on housing$129,253/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

$508This 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
2026-08-08Price change$699,000
2026-07-27Price change$725,000
2026-07-15Price change$749,000
2026-07-05Price change$825,000
2026-06-27Listed for sale$875,000

For Sale by Agent

BrokerageBeacon Realty

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