Property details
About 1040 Ocean Ave
Discover a gem in a prime location! This 1.83 acre lot at 1040 Ocean Ave provides a tranquil and private setting while conveniently close to downtown and Falmouth. The lot is flat and secluded, bordered to the west by open space attached to the Old Barn Estates Development and bordered to the south by a city park. The property can accommodate a shared septic system for 7-9 bedrooms. The house on the property will need to be razed. The buyer will be responsible for due diligence.
Highlights
Summary
- Parking: 5 - 10 Spaces, Gravel
- View: Trees/Woods
- List Price: $360,000
- Annual Tax Amount: $1,746
- Tax Year: 2024
- Lot: Open Lot, Level
- Lot Size: 1.83 Acres
- MLS Number: 1614429
- MLS Name: Maine Listings
- Office Name: Advisors Living, LLC
- Office Phone: (207) 808-8333
- Office Email: kduca@advisorsliving.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 9:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 22, 2022 | Home Sold | $107,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $116,300 | $1,746 |
| 2023 | $116,300 | $1,676 |
| 2021 | $342,400 | $4,448 |
| 2020 | $189,600 | $4,420 |
| 2019 | $189,600 | $4,420 |
History based on county public records data.
Nearby schools
4
Presumpscot School
Public District PK-5
1.2 mi
•69 Presumpscot St
5
Harrison Lyseth Elementary School
Public District PK-5
1.3 mi
•175 Auburn St
4
Ocean Avenue
Public District KG-5
2.0 mi
•150 Ocean Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,776. The majority of Portland, ME residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Minor League Baseball Games
Where do the neighbors shop?
Chico's
Nordstrom Rack
New York & Company
Where do the neighbors go to eat?
Boston Market
Chipotle
Chick-fil-A
What do the neighbors drive?
Volvo
Mazda
Kia
What do the neighbors listen to?
Talk/Personality
Rock
Classical
Frequently asked questions
About 1040 Ocean Ave
The listing price of 1040 Ocean Ave property is $360,000.
The property 1040 Ocean Ave is land located in Portland, Maine, 04103.
Active Listing: 1040 Ocean Ave is Active, which means the seller is accepting offers.
The nearby schools for 1040 Ocean Ave are: Presumpscot School (GreatSchools Rating 4/10), Harrison Lyseth Elementary School (GreatSchools Rating 5/10), Ocean Avenue (GreatSchools Rating 4/10), Lyman Moore Middle School (GreatSchools Rating 3/10), Lincoln Middle School (GreatSchools Rating 4/10), King Middle School (GreatSchools Rating 2/10), Casco Bay High School (GreatSchools Rating 4/10), Deering High School (GreatSchools Rating 2/10), Falmouth High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $1,746 (source: MLS/based on county public records data).
The last sale was on August 22, 2022 for $107,000 (source: MLS/tax record).
The property 1040 Ocean Ave is 1.83 acres.
This home is located at 1040 Ocean Ave in Portland, ME and zip code 04103 in the North Deering neighborhood. Features: 0 bathroom. It is currently priced at $360,000.