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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,

    Sarem Al-Shawk Maine Real Estate Co

    671 Forest Ave, Portland, ME 04103
  • /62

    $849,000

    Coming Soon
    • 2 Baths
    • 2,184 Sq Ft

    850 Washington Ave, Portland, ME 04103

    Opportunity, flexibility, and location come together at 850 Washington Avenue, a beautifully renovated two-unit property in one of Portland's most exciting growth corridors. Situated on over half an acre, this turnkey investment features two spacious 2-bedroom units, a detached 2-car garage, abundant off-street parking, and an expansive backyard, an increasingly rare find within the city. Both

    Andrea Page Keller Williams Realty

    850 Washington Ave, 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 7.0 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 42% of residents renting and 58% 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 $679,000. If you put a 20% down payment of $135,800 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $3,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $147K 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, 04005, 04101, 04108 and 04102.
What are the most popular neighborhoods near Back Cove, Portland, ME?
The most popular neighborhoods near Back Cove, Portland, ME are Deering Center, Oakdale, East Deering, North Deering and East Bayside.

Back Cove Home Prices vs. Nearby Portland, ME Neighborhoods

Back Cove Knightville Deering Center East Deering
Median Home Price
$679,000
$499,000
$769,000
$522,500
Median Sale Price
$657,500
+14% YoY
$465,000
-5% YoY
$715,000
+4% YoY
$486,000
-4% YoY
Median Single Family Price
$725,000
$550,000
$726,750
$547,500
Median Condo Price
$410,000
$390,000
$750,000
$447,500
Total Active Listings
1
2
14
5
Market Conditions
0 Months
Seller's Market
1 Months
Seller's Market
4 Months
Seller's Market
4 Months
Balanced Market
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