Rare Oceanfront Building Lot Abutting Conservation Land

  • Aerial view of 109 Reed Avenue in Peaks Island in Portland Maine
  • An aerial view of peaks island land
  • Aerial view of the land at 109 Reed Avenue in Peaks Island in Portland Maine
  • Aerial view of the back side of Peaks Island in Portland Maine
  • Scenic view of Joshia's Cove at 109 Reed Avenue in Peaks Island Portland Maine
  • A scenic view of the rocky beach at Peaks Island Portland Maine
  • Land at 109 Reed Avenue in Peaks Island Portland Maine
  • A coastal scene with rocky shoreline overlooking Casco Bay in Peaks Island Portland Maine
  • An aerial view of 109 Reed Avenue on Peaks Island, Portland. Coastal residential area with a large grassy yard, surrounded by trees, adjacent to a rocky shoreline and ocean.
  • Two black Adirondack chairs placed on grass by a rocky shoreline overlooking Casco Bay Maine from 109 Reed Avenue on Peaks Island with houses and trees in the background under a partly cloudy sky.

FEATURED PROPERTY

109 Reed Avenue

Peaks Island in Portland, Maine

Rarely does an opportunity like this come along. This private building site is located on Peaks Island, one of Casco Bay's most beloved islands. 109 Reed Avenue offers one of the last remaining direct waterfront lots on the island.

The 0.92 acres of land consists of 458 ft of ocean frontage with a rocky beach on a protected cove that feels worlds away from the mainland, yet is just a short ferry ride from the heart of Portland.

Tucked at the end of a quiet gravel road, the property offers an elevated ridge with commanding views, mature woodlands, and an open lawn with access to Josiah’s Cove. Watch lobster boats, ferries, and sailboats drift by from this serene setting.

The lot has been surveyed and perk tested, conservation land abuts the property ensuring lasting privacy.

Whether you're dreaming of a full-time coastal residence or a summer retreat, this lot is one of the last chances to build something extraordinary on Peaks Island.

Property Highlights

  • 0.92 acres

  • 458 ft of ocean frontage on Josiah’s Cove

  • Abutting conservation land

  • Survey available

  • Public water (seasonal)

  • Septic design available

Exclusively Listed by Erin Haber

OFFERED FOR $975,000

Build Your Dream Home

Building your dream home here means waking up to salt air and stunning Casco Bay views, with a tight-knit year-round community that makes island living feel grounded. Land on Peaks Island is rare and highly coveted, making it one of the most unique opportunities in all of coastal Maine.

If you've ever dreamed of an island retreat you can truly call your own, this is where it begins.

Living on Peaks Island

Life on Peaks Island is something truly special. With miles of shoreline trails, local restaurants, and a relaxed, unhurried pace of life, the island strikes a balance that's hard to find anywhere else.

Aerial view of TEIA Peaks Island Portland Maine.

Located approximately 1.5 miles from the property is Jones Wharf which connects you to Casco Bay Lines ferry service and Portland's waterfront in just 20 minutes.

Just a short stroll from the property brings you to the Trefethen Evergreen Improvement Association (TEIA), a beloved Peaks Island institution for over 100 years, open to seasonal and year-round residents. TEIA offers tennis, pickleball, sailing, boating docks, youth camps, art classes, fitness, and a packed calendar of social and cultural events for all ages.

Hannigan's Market keeps daily life well stocked, and the Inn on Peaks Island offers waterfront dining and luxury accommodations for visiting family and friends. There is also a quaint ice cream shop and bike/golf cart rentals available a short walk from the wharf.

As part of the City of Portland, Peaks Island enjoys its own elementary school, post office, library, and year-round community services. Portland's restaurants, arts scene, and amenities are just a short ferry ride away, making this the best of both worlds.

Peaks Island Services + Amenities

A scenic view of Casco Bay in Maine showing the Casco Bay Ferry at Peaks Island Maine
 

Points of Interest

  • Casco Bay Lines runs frequent year-round ferry service between Portland and Peaks Island, making it one of the most reliable commuter routes in the islands. Crossings take about 15-20 minutes, and the schedule typically offers a dozen or more trips daily, with reduced frequency in the off-season. The ferries carry both passengers and vehicles (on select runs), serving a mix of year-round residents, seasonal homeowners, and visitors heading out for a day trip.

    More details at Casco Bay Lines

  • The Inn on Peaks Island is located at 33 Island Ave, right where the ferry drops you off, making it one of the most visible and convenient lodging options on the island. The property offers eight spacious rooms with private balconies and views of Casco Bay and the Portland skyline. Beyond lodging, the Inn has a restaurant open to the public serving classic Maine dishes and is a popular venue for island weddings and events, with a banquet room and an outdoor party tent overlooking the bay.

    More details at The Inn on Peaks Island

  • The Trefethen-Evergreen Improvement Association, known as TEIA, is a longtime social anchor on Peaks Island. It has been part of the Peaks Island community for more than 100 years, centered around a 1914-15 wood frame clubhouse originally built as the Dayburn Casino, one of the last historic civic and recreation buildings remaining on the island. Today TEIA offers tennis, pickleball, youth camps, sailing, boating, events, socials, and educational and cultural programs, with seasonal memberships running May through October. The clubhouse and grounds, which include tennis courts, a dock system, and a pickleball court, also can be rented for weddings during certain off-season weekends.

    More details at TEIA Club

  • Island Lobster Company is a true trap-to-table waterfront restaurant at 20 Island Ave, right by the ferry landing on Peaks Island. It's owned and run by a commercial lobstering family. Captain Thom Werner hauls in the daily catch and unloads it at the dock directly in front of the restaurant, while his wife Katie runs the front of house. The spot is known for its fantastic waterfront location, with outdoor seating offering expansive bay views and easy people-watching as ferries come and go, plus a broad menu with seafood rolls, burgers for non-lobster fans, and well-regarded onion rings. They also offer a traditional New England-style lobster bake, keeping things casual and fun rather than white-tablecloth.

    More details at Island Lobster Company

  • The Peaks Island Land Preserve (PILP) is a nonprofit land trust dedicated to conserving open space on the island, and today it protects more than 20% of Peaks Island's open land. It was founded in 1994 to preserve Battery Steele, a historic WWII-era military fortification on the island, and grew from there through purchases and donations, eventually managing over 140 acres across the island's various conservation parcels. PILP's network of trails offers opportunities for recreation, education, and an appreciation of the island's natural biodiversity, and the organization relies heavily on volunteers for monitoring its lands and revitalizing habitats by removing invasive species and planting natives.

    More details at Peaks Island Land Preserve

  • The Institute maintains a community profile of Peaks Island, noting it's a 762-acre neighborhood of Portland with a year-round community of over 900 people that swells to a few thousand in summer. Its work on the island includes placing fellows to help with projects like land-management strategies for the Peaks Island Land Preserve, along with Community Impact Fund grants supporting local efforts like the Peaks Environmental Action Team.

    More details at Island Institute

109 Reed Avenue, Peaks Island in Portland, Maine

MLS #1669026

Get in Touch

If you're interested in viewing this property or have any questions, feel free to call or text me directly at 207-650-7158, or fill out the form below and I'll get back to you shortly.