5 Eastern Promenade Unit 2 Portland, ME 04101
Downtown Portland NeighborhoodEstimated payment $20,600/month
Highlights
- Water Views
- The property is located in a historic district
- Deck
- Public Beach
- 0.39 Acre Lot
- 3-minute walk to Eastern Promenade Park
About This Home
The Crown Jewel of Portland's Eastern Promenade.
Built in 1898 for Henry Merrill—a prominent Portland industrialist—this grand home was designed by celebrated Maine architect John Calvin Stevens. In the same family since it was built, the new owner has meticulously renovated the Henry Merrill Mansion into three elegantly laid out full floor residences and stands as a testament to turn-of-the-century craftsmanship, reimagined. Commanding one of Portland's most prestigious addresses along the Eastern Promenade, the mansion offers sweeping views of Casco Bay and the working waterfront, while placing you steps from waterfront parks, trails, and the city's acclaimed dining and cultural scene. Original period details—soaring ceilings, rich hardwood paneling, stained glass, ornate mantels, and restored light fixtures—blend seamlessly with modern comforts, premium finishes, and updated systems throughout.
This gracious 1,923 square-foot residence features three en-suite bedrooms, each offering privacy and comfort. The home's signature round turret room and two decks frame breathtaking views of Casco Bay. A spectacular original stained glass window anchors the living space, complemented by three ornate fireplace mantels and restored original light fixtures. Every detail reflects John Calvin Stevens' artistry and a masterful modern restoration. With dedicated parking, two private outdoor decks, and modern infrastructure throughout, the Henry Merrill Mansion offers a unique opportunity to own a piece of Portland's history—complete with the romance of Longfellow's circle, the vision of John Calvin Stevens, and the finest craftsmanship of both the 19th and 21st centuries.
Three Residences. One Landmark Address. Endless Views.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $24,625
Year Built
- Built in 1898
Lot Details
- Public Beach
- Landscaped
- Sloped Lot
- Sprinkler System
Property Views
- Water
- Scenic Vista
Home Design
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
Interior Spaces
- 1,923 Sq Ft Home
- 1-Story Property
- 3 Fireplaces
- Mud Room
- Living Room
- Home Security System
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior Basement Entry
- Natural lighting in basement
Parking
- Driveway
- Paved Parking
- Off-Street Parking
- Reserved Parking
Outdoor Features
- Deck
Location
- The property is located in a historic district
- City Lot
Utilities
- Cooling Available
- Heat Pump System
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Tax Lot A-002-001
- Assessor Parcel Number PTLD-000002-A000002-000001
Community Details
Overview
- Property has a Home Owners Association
- 3 Units
Security
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $24,625 | $1,640,600 | $799,300 | $841,300 |
2023 | $23,641 | $1,640,600 | $799,300 | $841,300 |
2022 | $22,329 | $1,640,600 | $799,300 | $841,300 |
2021 | $21,311 | $1,640,600 | $799,300 | $841,300 |
2020 | $15,301 | $656,400 | $293,300 | $363,100 |
2019 | $15,301 | $656,400 | $293,300 | $363,100 |
2018 | $14,211 | $656,400 | $293,300 | $363,100 |
2017 | $14,211 | $656,400 | $293,300 | $363,100 |
2016 | $13,857 | $656,400 | $293,300 | $363,100 |
2015 | $13,542 | $656,400 | $293,300 | $363,100 |
2014 | $13,128 | $656,400 | $293,300 | $363,100 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
08/29/2025 08/29/25 | For Sale | $3,495,000 | -- | $1,817 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $2,000,000 | None Available | |
Warranty Deed | $2,000,000 | None Available | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,475,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1636032

APN: PTLD-000002-000000-A002001
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