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

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 courtyards. This condo is also complimented by reserved garage parking and an electric vehicle charging station. All just around the corner from Portland's celebrated restaurants, boutique shops, galleries, and the working waterfront — everything you need is right at your fingertips.

Supplements: ********

More Information MLS# 1636011

Property Sub-Type

Property Sub-Type: Condominium

Location Information

Unit #: 525 Book: 41270 Leased Land: No Page: 083 Map: 42 Block: A Lot: 3 Zoning Overlay: No Association: Yes Association Fee: 626.69 Fee Frequency Paid: Monthly Tree Growth Y/N: No Street #: 387 Street Name: Commercial Street Type: Street County: Cumberland Town: Portland State/Province: ME Zip Code: 04101 Zip +4: 4629 Zoning: Mixed Use Neighborhood Association: Hobsons Landing Full Tax Amount $: 1 Tax Year: 2025 Geo Lat: 43.65151 Geo Lon: -70.257635

Property Information

Surveyed: Yes Seasonal: No Lot Size Acres +/-: 0 # Rooms: 6 Total Baths: 2 Total Half Baths: 0 Color: Brick # Fireplaces: 0 SqFt Finished Above Grade: 1648 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: Yes Garage Spaces: 1 # Bedrooms: 2 Total Full Baths: 2 Year Built: 2023 SqFt Finished Total: 1648 Source of Acreage: Public Records

Site

Sidewalks: 1 Well Landscaped: 1

Location

Business District: 1 Intown: 1 Near Public Beach: 1 Near Shopping: 1 Near Turnpike/Interstate: 1

Roads

Paved: 1 Public: 1

Transportation

Near Airport: 1 Public Transport Access: 1

Water Info

Water Frontage: No Water View: No

Recreational Water

Nearby: 1 Public: 1

Construction

Steel Frame: 1

Basement

None: 1

View

Scenic: 1

Foundation Materials

Poured Concrete: 1

Exterior

Brick: 1 Clapboard: 1

Roof

Flat: 1 Membrane: 1

Heat System

Forced Air: 1 Heat Pump: 1 Zoned: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Gas Range: 1 Refrigerator: 1

Heat Fuel

Electric: 1

Condominium

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

Cooling

Central Air: 1

Floors

Tile: 1 Wood: 1

Parking

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

Style

Contemporary: 1

Electric

Circuit Breakers: 1

Gas

Natural - On Site: 1

Sewer

Public Sewer: 1

Bedroom 2

Bedroom 2: 1 Bedroom 2 Level: First

Water

Public: 1

Bedroom Amenities 2

Full Bath: 1 Suite: 1

Driveway

Common: 1 Paved: 1

Basement Entry

Not Applicable: 1

Water Heater

Gas: 1

Amenities

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

Patio and Porch Features

Deck: 1

Equipment

Cable: 1 Internet Access Available: 1

Den

Den: 1 Den Level: First

Vehicle Storage

1 Car: 1 Direct Entry to Living: 1

Dining Room

Dining Room: 1 Dining Room Level: First

Dining Room Amenities

Dining Area: 1

Kitchen

Kitchen: 1 Kitchen Level: First

Kitchen Amenities

Eat-in Kitchen: 1 Island: 1

Living Room

Living Room: 1 Living Room Level: First

Living Room Amenities

Built-Ins: 1

Primary Bedroom

Primary Bedroom: 1 Primary Bedroom Level: First

Primary Bedroom Amenities

Balcony/Deck: 1 Double Vanities: 1 Full Bath: 1 Suite: 1 Walk-in Closet: 1

Room Features

Balcony/Deck: 1 Built-Ins: 1 Dining Area: 1 Double Vanity: 1 Eat-in Kitchen: 1 Full Bath: 1 Kitchen Island: 1 Suite: 1 Walk-In Closet(s): 1

Contract Information

Status: Closed Original List Price: 1550000 Sold Price: $1,450,000 Current Price: $1,450,000

Status Change Info

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

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

Kitchen Level: First Dining Room Level: First Living Room Level: First Primary Bedroom Level: First Bedroom 2 Level: First Den Level: First
Listing Office: RE/MAX By The Bay
IDX
Last Updated: October - 16 - 2025
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