realestate

Portland, Maine: 3 Affordable Homes for a Coastal Retirement

Experience downtown's energy, museums, dining, and breathtaking natural beauty.

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magine a serene evening with your grandkids, spent taking the ferry around Casco Bay and exploring Great Diamond Island. After dinner, you gather them around the bonfire in your backyard, roasting marshmallows and gazing at the stars - all within one of these homes in Portland, Maine.

    Every season brings new reasons to love New England, making it an attractive destination for retirees despite its higher cost of living. Kiplinger has named Portland as one of the best places to retire in New England, thanks to its vibrant downtown and attractions like museums and fine dining, as well as its natural beauty and outdoor activities.

    Here are three homes in Portland, Maine, at different price points, sourced from top real estate companies:

    1. Under $500k: Downsize with a spacious backyard

    This home in Westbrook offers a neighborhood feel with updated amenities, perfect for retirees looking to downsize and simplify their lives.

    Address: 56 Berkeley Street, Westbrook, Maine (listed by Coldwell Banker Realty)

    Price: $399,900 | Specs: 2 beds / 1 bath; 1,176 sq. ft.

    Highlights:

    - 20-minute drive to East End Beach in Portland

    - Fenced-in backyard with deck and fire pit

    - Heat pumps and new appliances

    2. Around $1M: Island living on 2 acres

    This charming home on Long Island in Casco Bay offers stunning views of the bay, a large porch, and mooring rights for boaters.

    Address: 175 Island Avenue, Long Island, Maine (listed by Coldwell Banker Realty)

    Price: $1,100,000 | Specs: 3 beds / 1.5 bath; 2,200 sq. ft.

    Highlights:

    - Just across from the shoreline with views of Casco Bay

    - Fabulous kitchen with gas range on an island

    - Elaborate tub set-up in bathroom

    3. Over $1M: A-frame-style chalet with lake views

    This double A-frame style home sits by Watchic Lake, offering a private boat launch and access to the Steep Falls Wildlife Management Area.

    Address: 31 Dorothy Drive, Standish, Maine (listed by Coldwell Banker Realty)

    Price: $1,199,000 | Specs: 4 beds / 4.5 baths; 4,309 sq. ft.

    Highlights:

    - Double A-frame style home with tons of windows and porch space

    - Climate-controlled two-car garage with a one-bedroom apartment above it

Three affordable coastal homes in Portland, Maine, for retirees and seniors.