$1,500,000
SOLD JAN 31, 2025

Hobson's Landing 383 Commercial St Unit 427 Portland, ME 04101

Downtown Portland Neighborhood
2 Beds
2 Baths
1,601 Sq Ft
$553/mo HOA Fee

Recently Sold

$937 Per Sq Ft

10% Below List Price

165 Days on Market

Highlights

  • Nearby Water Access
  • New Construction
  • Wood Flooring
  • Property Fronts a Bay or Harbor
  • Contemporary Architecture
  • 4-minute walk to Pleasant Street Park

About This Home

As of January 2025

Welcome to Hobson's Landing, located on Commercial Street in Portland, Maine. This luxurious corner unit offers a large open floor plan featuring a sweeping curved wall of windows overlooking Casco Bay and the working waterfront. Unit 427 is located on the fourth floor in the newest phase of Hobson's Landing. Features include two bedrooms and two baths, gas fireplace, heat pumps for heating and cooling, 9' ceilings and hardwood floors. The primary suite offers floor to ceiling windows that provide stunning views of Portland Harbor, a large walk-in closet, and a luxurious bath with custom tile shower, radiant heated floor and double vanity. The second bedroom boasts large west facing windows and adjacent guest bath. Hobson's Landing is located in the heart of Portland's Old Port with easy access to great shops, marinas, theaters, museums, award winning restaurants and is in close proximity to Portland International Jetport. The building features top notch amenities including a clubroom used for private events and community gatherings and a guest suite that is available to house your guests in comfort. An on-site concierge available to help curate your day to day needs, fitness room, dog wash station, shared grill on one of the two common outdoors spaces, bikes and even a shared Tesla!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 07/18/2024

RE/MAX By The Bay

Last Buyer's Agent

Heather Shields

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • Landscaped

HOA Fees

  • $553 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Shared Driveway
  • Reserved Parking

Property Views

  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Steel Frame
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,601 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 003 / A
  • Assessor Parcel Number PTLD-000042-A000003-000001

Community Details

Overview

  • 64 Units
  • Hobsons Landing Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$553 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Portland Harbor, Casco Bay
  • MLS Status: Closed
  • Subdivision Name: Hobsons Landing
  • Above Grade Finished Sq Ft: 1601.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2023
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1601.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: 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
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 552.54
  • 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: 64
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Property Condition:New Construction: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Exterior:Brick: Yes
  • Construction:Steel Frame: Yes
  • Roof:Membrane: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Amenities:Elevator Passenger: Yes
  • Roof:Flat: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Bedroom Amenities 2:Suite2: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: NewHome

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Elevator Passenger, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Storage
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown, Near Shopping, Near Turnpike/Interstate
  • View: Scenic
  • Waterfront Features: Bay, Harbor
  • Waterfront: No
  • Construction Type: Composition, Brick, Steel Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 552.54
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000042-A000003-000001
  • Zoning: Mixed Use

Multi Family

  • Number Of Units In Community: 64

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Block: A
  • Tax Book Number: 40847
  • Tax Lot: 003
  • Tax Map Number: 42
  • Tax Year: 2023

Range of Values:

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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
01/31/2025 01/31/25 Sold $1,500,000 -6.0% $937 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $1,595,000 -4.8% $996 / Sq Ft
07/18/2024 07/18/24 For Sale $1,675,000 -- $1,046 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2025

    David Banks

    RE/MAX

    (207) 773-2345

    13 in this area

    1,087 Total Sales

    David Banks
    Section Image

  • H

    Buyer's Agent in 2025

    Heather Shields

    Keller Williams Realty

See All Agents

About Hobson's Landing

Map

Source: Maine Listings

MLS Number: 1597396

Maine Listings
Maine Cumberland County Portland 04101 Downtown Portland

383 Commercial St Unit 427, Portland, ME

This home is located at 383 Commercial St Unit 427, Portland, ME 04101 and is currently priced at $1,500,000, approximately $936 per square foot. This property was built in 2023. 383 Commercial St Unit 427 is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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