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261 Western Promenade, Portland, ME, 04102

7beds
6baths
6,924sqft
$2,200,000
$318price/sqft
$15,406/moest. monthly cost
$616,240/yrincome needed

About This Home

In real estate, it is often said that location is everything. The challenge, of course, is that the best locations were claimed long ago. For most buyers, that means finding a property with potential and transforming it into something special. Here, that work has already been done. Perched in one of Portland's most coveted locations overlooking the Western Promenade, this extraordinary residence combines an irreplaceable setting with over fifteen years of thoughtful renovation and restoration. The result is a seamless blend of historic character and modern comfort, creating a home that honors its past while meeting the needs of contemporary living. Imagine ending your day on the porch, overlooking the park and enjoying spectacular sunsets. Open the windows and doors and allow the ocean breezes to flow throughout the home. There is a feeling here that is difficult to describe and impossible to replicate--a sense of history, craftsmanship, and place that makes this property truly exceptional. Designed to be both grand and comfortable, the versatile floor plan offers spaces that can evolve to fit your lifestyle. The home features five bedrooms with A/C, four and a half baths, a stately library or office, formal living and dining rooms, a chef's kitchen, and a butler's pantry. Every room is enriched by extraordinary architectural details, including black walnut and quarter-sawn oak woodwork, crystal chandeliers, wainscoting, bay windows, hand-painted murals, leaded glass cabinetry, and stunning stained-glass windows. These remarkable materials and finishes were crafted by artisans whose work has stood the test of time. A private entrance and guest quarters on the third floor provide additional flexibility for extended family, guests, or creative living arrangements. Outside, lush gardens, gracious entrances, inviting porches, and seven off-street parking spaces further enhance the property's appeal--an uncommon luxury in this historic neighborhood.

Getting Around

85
WalkingVery Walkable
51
TransitGood Transit
96
BikeBiker's Paradise

Schools

2/10
King Middle SchoolGrades 6-80.4 mi
4/10
Portland High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1902

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Range,Refrigerator,Washer
  • Laundry features: Built-Ins

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Walk-Out Access,Finished,Full

Bedroom1

  • Features: Eat-in Kitchen
  • Level: Second

Bedroom2

  • Features: Wood Burning Fireplace
  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedroom5

  • Level: Second

Bedroom5

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Bonus Room

  • Features: Wood Burning Fireplace
  • Level: Second

Dining Room

  • Features: Wood Burning Fireplace
  • Level: First

Features

  • Pantry,Primary Bedroom w/Bath
  • Flooring: Tile,Wood,Marble
  • Number of fireplaces: 7
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 6,924

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 6,924
  • Total interior livable area: 6,924 sqft

Kitchen

  • Features: Eat-in Kitchen,Kitchen Island,Pantry
  • Level: First

Laundry

  • Features: Built-in Features
  • Level: Second

Library

  • Features: Built-in Features,Wood Burning Fireplace
  • Level: First

Living Room

  • Features: Built-in Features,Wood Burning Fireplace
  • Level: First

Other

  • Level: Third

Other

  • Level: Third

Other

  • Level: Third

Other

  • Level: Third

Primary Bedroom

  • Features: Balcony/Deck,Built-in Features,Closet,Full Bath,Separate Shower,Suite,Wood Burning Fireplace,Walk-In Closet(s)
  • Level: Second

Property

Details

  • Parcel number: PTLDM063BA009001
  • Zoning: RES
  • Other equipment: Cable

Features

  • Patio & porch: Porch

Lot

  • Lot size: 5,662 sqft
  • Features: Historic District,Level

Parking

  • Parking features: Paved,Off Street

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 $11,124$133,488
Home Insurance $671$8,052
Property Taxes $2,605$31,260
Electricity $1,006$12,077
Total$15,406$184,872

Income You'd Need if You Spent...

35% on housing$528,205/yr
40% on housing$462,180/yr
45% on housing$410,826/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

$318This listing

vs Other Active Listings

Avg $/sqft

ZIP 04102$468
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04102$397
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
2026-08-05Price change$2,100,000
2026-07-20Listed for sale$2,200,000
2026-06-10Listing removed$2,200,000
2026-06-08Listed for sale$2,200,000
2023-05-20Listing removed--
2023-04-10Price change$2,250,000
2023-01-20Listed for sale$2,500,000
2019-02-07Sold$1,300,000
2018-12-28Pending sale$1,495,000
2018-05-02Price change$1,495,000
2017-03-30Price change$1,575,000
2016-09-16Listed for sale$1,675,000

For Sale by Agent

AgentRoxanne York
BrokerageRoxanne York Real Estate

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