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Listed by Benchmark Real Estate
$ 829,000
Pending
32 Melbourne ST Portland, ME 04101
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Land
Listing Status Pending
Subdivision Munjoy Hill Neighborhood East End
MLS Listing ID 1650824
HOA Y/N No
Annual Tax Amount $9,623
Tax Year 2026
Lot Size 3,484 Sqft
Acres 0.08
Source Maine Listings
Property Description
NOT in Historic District | Prime for 5 Unit Development. Tucked away on one of Munjoy Hill's most peaceful streets, 32 Melbourne Street captures the essence of Portland's East End—connected, calm, and full of character. The home's original lines remain beautifully intact, while the lot itself is open, sunny, and inviting. The home offers just over 1,600 square feet with three bedrooms and one full baths. It's comfortable and move-in ready, yet the real story here is one of potential and possibility. Sitting on a 0.0844-acre lot—approximately 3,675 square feet—in Portland's desirable RN4 zone, the property holds special development appeal. In this zone, just 725 square feet of lot area are required per dwelling unit, meaning this site could support up to five residential units. Attention developers: this is a rare opportunity for a quality-minded multi-family owner, investor, or visionary builder to create a purposeful condominium or small-scale residential project for resale or personal use. Because the property lies outside the constraints of the historic district, you have freedom to restore, expand, or reimagine without limitation. Imagine living just steps from Maine's bold coast, one block from the Olmsted-designed East End Park with its tennis courts, ball fields, community gardens, walking paths, and sandy beach. You're connected by trails to Back Cove and the Old Port and just moments from Washington Avenue and East Bayside's lively mix of shops, breweries, and boutiques. The location offers both serenity and access—walkable to downtown Portland, the working waterfront, and near major employers and the forthcoming Root Institute across the bridge. From the upper floors, enjoy sweeping, open ocean and inner Casco Bay views stretching across the islands, with potential for panoramic vistas toward Mount Washington and the western mountains. Whether you honor the home's timeless charm or develop something entirely new, opportunities abound.
Location
State ME
County Cumberland
Zoning RN-4
Exterior
Parking Features 1 - 4 Spaces, Paved, Off Street
Utilities Available 1
View Y/N No
Street Surface Paved
Building
Lot Description Well Landscaped, Open, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
Sewer Public Sewer
Water Public
Schools
School District Portland Public Schools
Others
Restrictions Unknown
