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Peter Saunders
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246 Eastern, Unit 202, Portland, ME 04101

$2,650,000
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Pending
BEDS2 BATHS2 full 1 partial SQUARE FEET2,126 MLS#1638426
STATUSPending PROPERTY TYPEResidential - Condominium SCHOOLPortland Public Schools

Property Description

LIVE ELEVATED AT 246 EASTERN PROMENADEOnly 8 Residences Remain | Completion Mid-Fall 2026 This extraordinary new address in one of Portland's most coveted neighborhoods. Perched above Casco Bay on the grassy sweep of the Eastern Promenade, this limited collection of just 13 architecturally striking condominiums marks the first residential development on this iconic stretch in over 50 years. Each residence has been thoughtfully designed for those who appreciate timeless elegance, elevated craftsmanship, and a connection to place. Floor-to-ceiling windows & private decks capture views of Casco Bay, while open-concept interiors with 9-10 ft ceilings and abundant natural light create an airy, modern atmosphere.Custom interiors feature generous allowances for premium finishes, including custom-built kitchen & bath cabinetry by Pond Cove Millworks?offering a refined and highly tailored living experience and allow owners to create a home that reflects their own sense of style. Nichiha Architectural Fiber Cement Siding, energy-efficient Pella windows, top-tier HVAC systems, garage parking, and private climate-controlled storage room ensure comfort and convenience year-round.Located in the heart of Portland's desirable East End, 246 Eastern Promenade offers a lifestyle that blends serenity with vibrant coastal city living. Enjoy morning walks or cycling along the Eastern Trail, kayak from the East End beach, visit historic landmarks like the Portland Observatory & Allen Park Gazebo, or take in the expansive green space that rolls directly to the shoreline. Just a short stroll away, you'll find world-class restaurants, charming cafés, galleries, and the celebrated Old Port. Construction is well underway with the foundation nearly complete and work progressing steadily. Early contracts offer expanded customization options, allowing you to tailor your home to your vision. Pricing begins at $1.8M. Reach out today for floor plans, detailed specs, and to walk the site.

246 Eastern, Unit 202 | MLS# 1638426

This condo located at 246 Eastern, Unit 202, Portland, ME 04101 is currently listed for sale with an asking price of $2,650,000. This property was built in 1915 and has 2 bedrooms and 2 full and 1 partial baths with 2126 sq. ft. Eastern, Unit 202 is located within the Portland Public Schools school district. Search Portland real estate on petersaunders.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Condominium
Basement: Interior Entry
Cooling: Heat Pump
Garage: 1
Heating: Heat Pump, Radiant
Home Style: Contemporary
Lot Size: 0.64 Acres
Roof Type: Flat
Taxes: $9,999
Year Built: 1915

Feature Descriptions

Association Fee: $0/Monthly
Condo Unit type: Condo
Electric: Circuit Breakers
Flooring: Tile, Wood
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 2126
SQ FT Below Grade: 0
Total Rooms: 5
Water: Public
Water Body Name: Casco Bay

Room Sizes

Kitchen: Level - First
Dining Room: Level - First
Living Room: Level - First
Primary Bedroom: Level - First
Bedroom 2: Level - First

Local Schools

School District: Portland Public Schools

Listed By / Shown By

Listed By

Agency Name: The Flaherty Group
Agency Phone: 207-221-8585
Agent Name: Karen Thompson-McMann

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Shown By

Agent Name: Peter Saunders
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 7,503.92 per month $5,897.75 Principal & Interest $833.25 Property Tax $772.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 12:00:31 AM EST) or MLSPIN MLS (last updated Sun 04/19/2026 11:38:24 PM EST) or Prime MLS (last updated Sun 04/19/2026 11:33:07 PM EST) or MREIS (last updated Sun 04/19/2026 11:55:21 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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

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