387 Commercial Street 525, Portland, ME 04101

$1,450,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,648 Status: Closed

Current Price: $1,450,000 List Date: 8/29/2025 Last Modified: 10/16/2025

Overview

Description

Experience Maine's luxury coastal living at 383 Commercial Street at Hobson's Landing, Portland's premier waterfront address, recently completed in 2024. This 5th floor, two bedroom residence offers a rare opportunity to own a sophisticated urban condo in a prime Old Port location. Designed for effortless single level living, the open concept layout connects an eat-in kitchen, dining area, and a sunlit living room that opens to a private corner deck. A versatile den provides the ideal space for a home office, reading nook, or media room. The spacious primary suite features a walk-in closet, an ensuite bath with double vanity, and thoughtful privacy with additional access to the deck. A second bedroom, full guest bath, and a centrally located laundry area add comfort and convenience. Residents enjoy full access to Hobson's Landing's exceptional amenities, including a welcoming lobby with concierge service, clubroom with fireplace, state-of-the-art fitness center, and lovely outdoor cour ... (Read more)

Listing Details MLS# 1636011

Property Sub-Type

Property Sub-Type: Condominium

Location Information

Street #: 387
Street Name: Commercial
Street Type: Street
Unit #: 525
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 4629
Leased Land: No
Book: 41270
Page: 083
Map: 42
Block: A
Lot: 3
Zoning: Mixed Use
Zoning Overlay: No
Neighborhood Association: Hobsons Landing
Association: Yes
Association Fee: 626.69
Fee Frequency Paid: Monthly
Full Tax Amount $: Yes
Tax Year: 2025
Tree Growth Y/N: No

Contract Information

Original List Price: 1550000

Property Information

Surveyed: Yes
Seasonal: No
# Rooms: 6
# Bedrooms: 2
Total Full Baths: 2
Total Baths: 2
Color: Brick
Year Built: 2023
SqFt Finished Above Grade: 1648
SqFt Finished Total: 1648
SqFt Source: Public Records
Garage: Yes
Garage Spaces: Yes
Source of Acreage: Public Records
Lot Size Acres +/-: 0
Total Half Baths: 0
# Fireplaces: 0
SqFt Finished Below Grade: 0

Status Change Info

Pending Date: 2025-09-28
Closed Date: 2025-10-16
Closed Price: 1450000

Water Info

Water Frontage: No
Water View: No

More Information

Condominium

Unit Type: Condo
FHA Certification: No
Units in Building: 64

Parking

Reserved Parking: Yes
Reserved Parking Spaces: 2
1 - 4 Spaces: Yes
Electric Vehicle Charging Station(s): Yes
On Site: Yes
Paved: Yes

Site

Sidewalks: Yes
Well Landscaped: Yes

Location

Business District: Yes
Intown: Yes
Near Public Beach: Yes
Near Shopping: Yes
Near Turnpike/Interstate: Yes

Roads

Paved: Yes
Public: Yes

Transportation

Near Airport: Yes
Public Transport Access: Yes

Recreational Water

Nearby: Yes
Public: Yes

Construction

Steel Frame: Yes

Basement

None: Yes

View

Scenic: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Brick: Yes
Clapboard: Yes

Roof

Flat: Yes
Membrane: Yes

Heat System

Forced Air: Yes
Heat Pump: Yes
Zoned: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Gas Range: Yes
Refrigerator: Yes

Heat Fuel

Electric: Yes

Cooling

Central Air: Yes

Floors

Tile: Yes
Wood: Yes

Style

Contemporary: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Bedroom 2

Bedroom 2: Yes
Bedroom 2 Level: First

Water

Public: Yes

Bedroom Amenities 2

Full Bath: Yes
Suite: Yes

Driveway

Common: Yes
Paved: Yes

Basement Entry

Not Applicable: Yes

Water Heater

Gas: Yes

Amenities

Elevator Passenger: Yes
Laundry - 1st Floor: Yes
One-Floor Living: Yes
Primary Bedroom w/Bath: Yes
Shower: Yes
Storage: Yes
Walk-in Closets: Yes

Patio and Porch Features

Deck: Yes

Equipment

Cable: Yes
Internet Access Available: Yes

Den

Den: Yes
Den Level: First

Vehicle Storage

1 Car: Yes
Direct Entry to Living: Yes

Dining Room

Dining Room: Yes
Dining Room Level: First

Dining Room Amenities

Dining Area: Yes

Kitchen

Kitchen: Yes
Kitchen Level: First

Kitchen Amenities

Eat-in Kitchen: Yes
Island: Yes

Living Room

Living Room: Yes
Living Room Level: First

Living Room Amenities

Built-Ins: Yes

Primary Bedroom

Primary Bedroom: Yes
Primary Bedroom Level: First

Primary Bedroom Amenities

Balcony/Deck: Yes
Double Vanities: Yes
Full Bath: Yes
Suite: Yes
Walk-in Closet: Yes

Room Features

Balcony/Deck: Yes
Built-Ins: Yes
Dining Area: Yes
Double Vanity: Yes
Eat-in Kitchen: Yes
Full Bath: Yes
Kitchen Island: Yes
Suite: Yes
Walk-In Closet(s): Yes

Property Features

Site: Sidewalks; Well Landscaped Location: Business District; Intown; Near Public Beach; Near Shopping; Near Turnpike/Interstate Roads: Paved; Public Transportation: Near Airport; Public Transport Access Recreational Water: Nearby; Public View: Scenic Appliances Included: Dishwasher; Disposal; Gas Range; Refrigerator Style: Contemporary Construction: Steel Frame Basement: None Basement Entry: Not Applicable Foundation Materials: Poured Concrete Roof: Flat; Membrane Exterior: Brick; Clapboard Heat System: Forced Air; Heat Pump; Zoned Water Heater: Gas Cooling: Central Air Floors: Tile; Wood Amenities: Elevator Passenger; Laundry - 1st Floor; One-Floor Living; Primary Bedroom w/Bath; Shower; Storage; Walk-in Closets Patio and Porch Features: Deck Equipment: Cable; Internet Access Available Driveway: Common; Paved Parking: 1 - 4 Spaces; On Site; Paved; Electric Vehicle Charging Station(s) Vehicle Storage: 1 Car; Direct Entry to Living Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Room Information

Room Name	Level
Kitchen	First
Dining Room	First
Living Room	First
Primary Bedroom	First
Bedroom 2	First
Den	First

Documents

Property Disclosure ›

Condo Addendum ›

Floor Plan ›

IDX

Listing Office: RE/MAX By The Bay

Selling Office: Town & Shore Real Estate

Last Updated: October - 16 - 2025

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.