Why Live in Chebeague Island
Chebeague Island in Portland offers a unique living experience with a mix of historic homes dating back to the 1800s and newer constructions. The housing market includes modest Cape Cods and coastal cottages, with larger ocean-view homes commanding higher prices. The island has a limited number of building permits to control growth, and residents are mindful of the single aquifer serving the community. Outdoor activities are abundant, with the Chebeague Island Yacht Club offering sailing lessons and races, and the Great Chebeague Golf Club providing a 9-hole course. The Chebeague Recreation Center is a year-round hub with a gym, swimming pool, and pickleball court, offering various programs and camps. Dining options include the seasonal Two Birds Café and the fine dining Chebeague Island Inn, while Doughty’s Island Market supplies grocery basics. For larger grocery needs, residents rely on Casco Bay Lines freight ferries. The island hosts events at the Chebeague Island Inn and the Chebeague Island Historical Society, which preserves local history through lectures and exhibits. Transportation is primarily by bike or ferry, with regular ferry services to Portland and Yarmouth. The Portland International Jetport and Maine Medical Center are about 10 miles away. Students attend the Chebeague Island School for kindergarten through fifth grade, then commute to Yarmouth for middle and high school, attending the highly rated Frank H. Harrison Middle School and Yarmouth High School. The island has low crime risk areas compared to the national average and has taken measures to address coastal erosion and sea level rise.
Home Trends in Chebeague Island, ME
On average, homes in Chebeague Island, Portland sell after 10 days on the market compared to the national average of 52 days. The median sale price for homes in Chebeague Island, Portland over the last 12 months is $477,000, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$477,000
Median Single Family Sale Price
$718,500
Average Price Per Sq Ft
$488
Number of Homes for Sale
4
Last 12 months Home Sales
3
Median List Price
$1,165,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-32%
