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22 Cumberland Avenue #3, Portland, ME, 04101

5beds
2baths
2,778sqft
$975,000
$351price/sqft
$6,595/moest. monthly cost
$263,800/yrincome needed

About This Home

Perched in Portland's coveted East End, this two-story penthouse condominium captures sweeping views of Casco Bay, Downtown, Back Cove, and the iconic Portland Observatory. Spanning 2,778 square feet, this 10-room residence blends historic character with exceptional flexibility. Original details--including stained glass windows and classic moldings--add timeless charm throughout. The main level features two inviting living spaces, a dining room, kitchen, full bath, and two additional rooms ideal for bedrooms, a home office, or den. Upstairs, you'll find the additional bedrooms, a full bath, and a spacious family room showcasing truly spectacular panoramic views. Additional highlights include rare three-car parking, a beautifully landscaped garden with brick patio, efficient multi-zone natural gas heating, and ample basement storage. A unique opportunity for those seeking space, versatility, and unforgettable views in one of Portland's most desirable neighborhoods.

Getting Around

90
WalkingWalker's Paradise
43
TransitSome Transit
87
BikeVery Bikeable

Schools

2/10
East End Community SchoolGrades PK-50.5 mi
4/10
4/10
Portland High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1880

Materials

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

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Full,Unfinished

Bedroom1

  • Features: Skylight
  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Den

  • Level: First

Dining Room

  • Features: Dining Area
  • Level: First

Family Room

  • Features: Skylight
  • Level: Second

Features

  • 1st Floor Bedroom,Bathtub,Shower,Storage,Walk-In Closet(s),Primary Bedroom w/Bath
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,778

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Furnace,Hot Water,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 2,778
  • Total interior livable area: 2,778 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Office

  • Level: First

Primary Bedroom

  • Level: Second

Property

Details

  • Parcel number: PTLDM014BB004003
  • Zoning: RN4

Features

  • Levels: Multi/Split
  • Patio & porch: Patio
  • Waterbody name: Casco Bay

Lot

  • Features: City Lot,Near Country Club,Near Golf Course,Near Public Beach,Near Turnpike/Interstate,Near Town,Neighborhood,Near Railroad,Level,Sidewalks,Landscaped

Parking

  • Parking features: Paved,1 - 4 Spaces,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 WeatherRelatively High
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
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 $4,930$59,160
Home Insurance $143$1,716
Property Taxes $1,119$13,428
Electricity $403$4,845
Total$6,595$79,140

Income You'd Need if You Spent...

35% on housing$226,114/yr
40% on housing$197,850/yr
45% on housing$175,866/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

$351This listing

vs Other Active Listings

Avg $/sqft

ZIP 04101$436
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
2026-04-24Listed for sale$975,000
2011-12-30Sold$270,000
2011-08-24Listing removed$324,897
2011-04-30Price change$324,897
2010-12-10Price change$349,897
2010-05-23Listed for sale$399,847

For Sale by Agent

AgentJohn Hatcher
BrokerageKeller Williams Realty

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