1

Libbytown House for Sale

Section Image
  • /19

    $250,000

    • 2 Beds
    • 1 Bath
    • 528 Sq Ft

    162 Hobart St, Portland, ME 04102

    Rare opportunity in Portland's B5 zone--includes 2 parcels totaling .35 acres near Thompson's Point and abutting Portland Trails. Existing structure is likely best suited for removal, offering a clean slate for ground-up redevelopment. Located in shoreland zone (not flood zone).Ideal for investors or developers with vision.Don't miss this unique chance to shape the future of this dynamic

    Gerald Morin Keller Williams Realty

    162 Hobart St, Portland, ME 04102

Why Live in Libbytown

Libbytown in Portland, ME, is a neighborhood experiencing significant transformation, located just 2.5 miles from Downtown Portland. The recent development of Thompson’s Point into a major entertainment hub has brought new vibrancy to the area, featuring outdoor concerts, an ice-skating rink, the Maker’s Market, and popular spots like Bissell Brothers brewery. The Children’s Museum & Theatre of Maine and the International Cryptozoology Museum add unique cultural attractions. The neighborhood is known for its early-1900s single-family homes, including colonial, Cape Cod, and American Foursquare styles, with some multi-family housing and new residential projects underway. Despite rising home prices, Libbytown remains relatively affordable compared to other Portland neighborhoods. Local amenities include Tony’s Donut Shop, Shaw’s grocery store, Anania’s Variety Store, and Maria’s Restaurant. Community events like the summer potluck and Halloween celebrations foster a strong neighborhood spirit. For outdoor activities, residents enjoy Dougherty Field’s athletic facilities, community pool, and skate park, as well as nearby hiking trails like the Fore River Trail. Public transportation is accessible via bus stations and the Portland Transportation Center, with the Portland International Jetport less than 3 miles away. The neighborhood is safer than the national average, and children attend schools with varying ratings, including Ocean Avenue Elementary, King Middle School, and Deering High School.

Home Trends in Libbytown, ME

Housing Trends

Median Sale Price
$540,000
Median Single Family Sale Price
$530,000
Average Price Per Sq Ft
$393
Number of Homes for Sale
1
Last 12 months Home Sales
8
Months of Supply
1.50
Median List Price
$500,000
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
17%
How to Buy a Home How to Finance a Home How to Sell a Home