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Listed by Briton Vitalius Vitalius Real Estate Group, LLC
$595,000
Est. payment /mo
6,098 Sqft Lot
Active
7 Orange ST Portland, ME 04102
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1659152
HOA Y/N No
Tax Year 2026
Lot Size 6,098 Sqft
Acres 0.14
Source Maine Listings
Property Description
DEVELOPMENT OPPORTUNITY: Entitled 8-Unit Site in Portland's Coveted West End -- 100% Inclusionary Zoning (IZ) Exempt. Avoid the multi-year planning hurdles. This premium corner parcel is sold fully de-risked and conceptually entitled, packaged with a formal Zoning Summary Memorandum (Perkins Thompson) validating a full 8-unit build, alongside an architectural massing study (Kaplan Thompson Architects). By staying under the city's 10-unit threshold, this project is entirely exempt from Portland's strict Inclusionary Zoning mandates, affordable housing quotas, and fee-in-lieu penalties. Unmatched natural topography unlocks spectacular, unobstructed inner harbor and active boatyard views that begin directly from the ground-level grass and expand into a panoramic sweep from the upper floors and potential 45-foot rooftop deck. The site sits entirely outside the Historic Overlay District, and the natural downhill slope perfectly accommodates street-level, tucked-under parking to drastically minimize excavation costs.
Location
State ME
County Cumberland
Zoning RN-4
Direction Vacant lot located on the corner of Orange and Bond.
Body of Water Fore River
Exterior
Parking Features No Driveway, None
View Scenic
Building
Lot Description Intown, Near Shopping, Neighborhood, Corner Lot, Open Lot
Water None
Others
Tax ID PTLD-000057-H000001-000001
Nearby Locations
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