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Back Cove Homes for Sale

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  • /69

    $1,499,000

    • 8.5 Baths
    • 7,446 Sq Ft

    671 Forest Ave, Portland, ME 04103

    INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor,

    Agent Photo

    Sarem Al-Shawk

    Maine Real Estate Co

    (207) 598-4618

    671 Forest Ave, Portland, ME 04103
  • /31

    $795,000

    • 2.5 Baths
    • 2,458 Sq Ft

    124 Ocean Ave, Portland, ME 04103

    Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. Rich with character and history, this property offers a rare opportunity to own a piece of the past while bringing your own vision for thoughtful updates throughout. The home features a new high-efficiency boiler that heats the main house, along with the option to

    Colleen Bedard RE/MAX Shoreline

    124 Ocean Ave, Portland, ME 04103
  • /50

    $840,000

    • 2.5 Baths
    • 3,154 Sq Ft

    44 Hersey St, Portland, ME 04103

    Opportunity meets potential in Portland's highly sought-after Back Bay neighborhood. Whether you're an owner-occupant looking to offset your mortgage or someone eager to build sweat equity in a character-filled home, 44 Hersey Street offers a rare chance to create value in one of the city's most walkable locations. This classic Victorian-style duplex features two distinct living spaces: a

    Nicholas Guerrette RE/MAX Shoreline

    44 Hersey St, Portland, ME 04103

Why Live in Back Cove

Back Cove is a walkable and family-friendly neighborhood on Portland's Casco Bay. Classic New England-style homes, including Cape Cods, Dutch Colonials, Colonial Revivals and grand Victorians sit along sidewalk-lined residential streets. Students can attend highly rated schools, including Ocean Avenue Elementary. Payson Park offers extensive recreational facilities, including a playground, athletic courts and access to the scenic 3.6-mile Back Cove Trail, which connects to other trails in Portland. Baxter Boulevard is closed weekly for Sundays on the Boulevard, allowing residents to enjoy outdoor activities on a paved road. A variety of eateries and breweries can be found along Ocean and Forest avenues, like Tipo, Back Cove BBQ & Pizzeria, MAIZ and The Great Lost Bear. Back Cove offers commuters easy access to U.S. Route 302 and Interstate 295, and the Portland International Jetport is just 3 miles away.

Frequently Asked Questions

Is Back Cove a good place to live?
Back Cove is a good place to live, receiving 4.0 stars from its residents. Back Cove is considered somewhat walkable and bikeable with minimal transit options. Back Cove has 6 parks for recreational activities. It is somewhat dense in population with 6.9 people per acre and a median age of 43. The average household income is $131,115 which is above the national average. College graduates make up 69.2% of residents. A majority of residents in Back Cove are home owners, with 41.6% of residents renting and 58.4% of residents owning their home. A local real estate agent serving Back Cove can help you decide if this neighborhood is the right one for you. Learn more on our Back Cove neighborhood guide.
Is Back Cove, ME a safe neighborhood?
Back Cove, ME is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Back Cove?
The median home price in Back Cove is $650,000. If you put a 20% down payment of $130,000 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $3,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $135K a year to afford the median home price in Back Cove. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Back Cove is $131K.
What are the best public schools in Back Cove?
The best public schools that serve Back Cove are:
What are the best private schools in Back Cove?
The best private schools that serve Back Cove are:
What are the most popular zip codes in Back Cove, Portland, ME?
The most popular zip codes in Back Cove, Portland, ME include 04103, 04108, 04101, 04102 and 04105.
What are the most popular neighborhoods near Back Cove, Portland, ME?
The most popular neighborhoods near Back Cove, Portland, ME are Deering Center, East Deering, North Deering, East Bayside and East End.
Are home prices dropping in Back Cove?
Yes, home prices in Back Cove are down 5% in the last 12 months.

Home Trends in Back Cove, ME

Housing Trends

Median Sale Price
$602,500
Median Single Family Sale Price
$705,000
Median Townhouse Sale Price
$657,500
Median 2 Bedroom Sale Price
$380,000
Average Price Per Sq Ft
$416
Number of Homes for Sale
1
Last 12 months Home Sales
44
Months of Supply
0.30
Median List Price
$650,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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