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$275,000

Listing Price

4beds

1.5baths

2,027sqft

79,998sqft lot

1040 Ocean Ave, Portland, ME 04103

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1790

Year built

Home Details

Blank Canvas Opportunity on Ocean Avenue.Discover a rare gem offering the perfect balance of tranquil privacy and urban convenience. Situated on a flat, secluded 1.83-acre lot, 1040 Ocean Avenue provides a serene retreat just minutes from downtown Portland and Falmouth.The property boasts exceptional natural borders, flanked to the west by the preserved open space of the Old Barn Estates development and to the south by a peaceful city park. The property has been surveyed and soil tested. Please note: The existing structure on the property will need to be razed. Buyer is responsible for all due diligence.

Interior Details

Square Feet
  • 2027

Bedrooms
  • 4

Bathrooms
  • 1.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 79998

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Other

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,420

$131,000

$58,600

--%

$189,600

2019

$4,420

$131,000

$58,600

--%

$189,600

2018

$4,262

$131,000

$58,600

--%

$189,600

2017

$4,105

$131,000

$58,600

--%

$189,600

2016

$4,002

$131,000

$58,600

--%

$189,600

percent-home-icon

Average Home Price in 04103

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$954,302

3 Beds

2.5 Baths

2,224 Sqft

20,347 Lot (sqft)

Sold 10/27/2026

$889,694

3 Beds

3.5 Baths

2,042 Sqft

20,264 Lot (sqft)

Sold 10/26/2026

$275,000

4 Beds

1.5 Baths

2,027 Sqft

79,998 Lot (sqft)

Sold 07/17/2026

$875,000

3 Beds

2.5 Baths

1,910 Sqft

9,805 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
275,000
$
Down payment
55,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,650
$
HOA (Monthly)
0
$
PMI
0
$
$1,780
Your Payment
Total Monthly Payment:$1,780
Percent of Income:31%
Affordable:No

Details for 1040 OCEAN AVE

Property Debt

Foreclosure Contact Details