$2,975,700
NEW CONSTRUCTION

246 Eastern Promenade Unit 302 Portland, ME 04101

East End Neighborhood

Estimated payment $17,266/month

Total Views 9,275
2 Beds
2.5 Baths
2,126 Sq Ft
$1,400 Price per Sq Ft

Highlights

  • Water Views
  • Public Beach
  • Deck
  • Nearby Water Access
  • 0.64 Acre Lot
  • 3-minute walk to East End Playground

About This Home

LIVE ELEVATED AT 246 EASTERN PROMENADE
Only 8 Residences Remain | Completion Mid-Fall 2026 This extraordinary new address in one of Portland's most coveted neighborhoods. Perched above Casco Bay on the grassy sweep of the Eastern Promenade, this limited collection of just 13 architecturally striking condominiums marks the first residential development on this iconic stretch in over 50 years. Each residence has been thoughtfully designed for those who appreciate timeless elegance, elevated craftsmanship, and a connection to place. Floor-to-ceiling windows & private decks capture views of Casco Bay, while open-concept interiors with 9-10 ft ceilings and abundant natural light create an airy, modern atmosphere.
Custom interiors feature generous allowances for premium finishes, including custom-built kitchen & bath cabinetry by Pond Cove Millworks—offering a refined and highly tailored living experience and allow owners to create a home that reflects their own sense of style. Nichiha Architectural Fiber Cement Siding, energy-efficient Pella windows, top-tier HVAC systems, garage parking, and private climate-controlled storage room ensure comfort and convenience year-round.
Located in the heart of Portland's desirable East End, 246 Eastern Promenade offers a lifestyle that blends serenity with vibrant coastal city living. Enjoy morning walks or cycling along the Eastern Trail, kayak from the East End beach, visit historic landmarks like the Portland Observatory & Allen Park Gazebo, or take in the expansive green space that rolls directly to the shoreline. Just a short stroll away, you'll find world-class restaurants, charming cafes, galleries, and the celebrated Old Port. Construction is well underway with the foundation nearly complete and work progressing steadily. Early contracts offer expanded customization options, allowing you to tailor your home to your vision.
Pricing begins at $1.8M. Reach out today for floor plans, detailed specs, and to walk the site.

Listing Agent

Karen Thompson McMann

The Flaherty Group Listed on: 06/17/2025

Co-Listing Agent

Harry Mcmann

The Flaherty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,629

Year Built

  • Built in 2025

Lot Details

  • Public Beach
  • Landscaped
  • Sprinkler System

Parking

  • Subterranean Parking
  • Basement Garage
  • Heated Garage
  • Common or Shared Parking
  • Shared Driveway
  • Reserved Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Home to be built
  • Contemporary Architecture
  • Flat Roof Shape
  • Concrete Foundation
  • Steel Frame
  • Wood Frame Construction
  • Concrete Fiber Board Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,126 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Mooring
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 001 / 1012
  • Assessor Parcel Number PTLD-000014-I000012-000001

Community Details

Overview

  • Property has a Home Owners Association
  • 13 Units
  • Munjoy Hill Subdivision

Amenities

  • Elevator
  • Community Storage Space

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,629

Year Built

Built in 2025

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • Co List Office Mls Id: 2927
  • Co List Office Phone: 207-221-8585
  • MLS Status: Active
  • Subdivision Name: Munjoy Hill
  • Above Grade Finished Sq Ft: 2126.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2025
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.64
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2126.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 13
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Property Condition:To Be Built: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • Kitchen Countertop:Quartz: Yes
  • Vehicle Storage:Heated: Yes
  • Construction:Steel Frame: Yes
  • Exterior:Fiber Cement: Yes
  • Vehicle Storage:Under: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Flat: Yes
  • Recreational Water:Boat Mooring: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Vehicle Storage Basement: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Interior, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Walk-in Closets, Elevator Passenger, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Well Landscaped, Sidewalks, Near Public Beach, Near Town, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Fiber Cement, Steel Frame, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: To Be Built
  • Roof: Flat
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Heated, Reserved Parking, Basement, 1 - 4 Spaces, Paved, Common, Underground

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler, Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Radiant, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27878.4
  • Parcel #: PTLD-000014-I000012-000001
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 13

Tax Info

  • Tax Annual Amount: 18629.0
  • Tax Block: 1012
  • Tax Book Number: 38884
  • Tax Lot: 001
  • Tax Map Number: 014
  • Tax Year: 24

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 For Sale $2,975,700 0.0% $1,400 / Sq Ft
08/27/2025 08/27/25 Off Market $2,975,700 -- --
06/17/2025 06/17/25 For Sale $2,975,700 0.0% $1,400 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $2,975,700 -- $1,400 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1618425

Maine Listings