#1632483, Listing office: EXP Realty
Property details
About 338 Ocean St
This beautifully cared-for 5-bedroom, 2-bath Colonial in South Portland blends old charm with modern updates and sits on one of the largest yards in the area—a level 0.74-acre lot full of potential. Built in 1910, the home keeps its original feel with hardwood floors and a cozy wood-burning fireplace, while offering updated features like a granite kitchen with stainless steel appliances, newer windows, wiring, a gas heating system, and a newer roof. The layout is flexible with a first-floor bedroom plus a bonus room perfect for an office, reading space, or even a 6th bedroom if needed. There's also a formal dining room for gatherings and a comfortable living room to relax in. Step outside to enjoy the back patio area, complete with an outdoor shower—perfect for rinsing off after beach trips or summer gardening. The patio also offers a great space for grilling and dining under the open sky. Off the side entrance, a covered deck provides a sheltered spot to unwind or sip your morning coffee rain or shine. The expansive yard is a standout feature—big enough to remain open green space or, with city approval, to accommodate an ADU, larger garage, or even a pool to create a true backyard retreat. Expansion potential also exists over the attached garage for even more living space. Located just minutes from Willard Beach, Knightville, and downtown Portland, this move-in ready home offers style, flexibility, and one of the most versatile lots in the city. Reach out for a video link if the site your on doesn't have one.
Highlights
Home typeSingle Family Residence
HeatingZoned, Hot Water
StatusActive
Size2,092 sqft
BasementYes
Lot size0.74 Acres
Year built1910
Parking1 - 4 Spaces, Paved
MLS #1631619
Attached garage2 spaces
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
- Basement: Yes
- Flooring Type: Wood, Vinyl, Carpet
- Interior: 1st Floor Bedroom
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: 1 - 4 Spaces, Paved
- Exterior: Patio, Porch
- Architectural Style: New Englander
- Heating: Zoned, Hot Water
- Cooling: None
- List Price: $799,900
- Annual Tax Amount: $5,515
- Tax Year: 2023
- Lot: Level, Neighborhood
- Year Built: 1910
- Living Area: 2,092 SqFt
- Lot Size: 0.74 Acres
- MLS Number: 1631619
- MLS Name: Maine Listings
- Office Name: EXP Realty
- Office Phone: (888) 439-8743
- Office Email: me.broker@exprealty.net
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: 8/1/2025, 5:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $390,000 | $5,515 |
| 2022 | $340,300 | $5,295 |
| 2021 | $340,300 | $4,634 |
| 2020 | $222,500 | $4,634 |
| 2019 | $222,500 | $4,250 |
| 2018 | $229,100 | $4,238 |
| 2017 | $195,100 | $3,512 |
History based on county public records data.
Nearby schools
5
Frank I Brown Elementary School
Public District KG-5
0.3 mi
•37 Highland Ave
3
James Otis Kaler Elementary School
Public District PK-5
0.9 mi
•165 S Kelsey St
6
Dora L Small Elementary School
Public District KG-5
1.1 mi
•87 Thompson St
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 $68,608. Residents of South Portland, ME typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
20%
<35k
51%
35k-100k
22%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
8%
Single, with Kids
28%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
Tennis
Where do the neighbors shop?
Nordstrom Rack
Chico's
IKEA
Where do the neighbors go to eat?
Chipotle
Boston Market
Qdoba
What do the neighbors drive?
Mazda
Volvo
Jeep
What do the neighbors listen to?
Rock
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 338 Ocean St
The listing price of 338 Ocean St property is $799,900.
The property 338 Ocean St is a house located in South Portland, Maine, 04106.
Active Listing: 338 Ocean St is Active, which means the seller is accepting offers.
The nearby schools for 338 Ocean St are: Frank I Brown Elementary School (GreatSchools Rating 5/10), James Otis Kaler Elementary School (GreatSchools Rating 3/10), Dora L Small Elementary School (GreatSchools Rating 6/10), Daniel F. Mahoney Middle School (GreatSchools Rating 4/10), King Middle School (GreatSchools Rating 2/10), Memorial Middle School (GreatSchools Rating 4/10), South Portland High School (GreatSchools Rating 4/10), Portland High School (GreatSchools Rating 3/10), Baxter Academy for Tech & Sciences (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $5,515 (source: MLS/based on county public records data).
The property at 338 Ocean St has 5 bedrooms and 2 bathrooms.
The property 338 Ocean St is 2,092 SqFt (source: MLS/tax record).
The year of construction for 338 Ocean St is 1910.
This home is located at 338 Ocean St in South Portland, ME and zip code 04106. This 2,092 square foot home, which was built in 1910, sits on a 0.74 acre lot. Features: 5 bedrooms, 2 bathrooms. It is currently priced at $799,900.
From Rocket Homes Real Estate and based on county public records data.