7 Orange Street, Portland, ME 04102
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
7 Orange Street,Portland, ME 04102
$595,000
- 0.14 Acres
- Lots / Land
- Active
Office: vitalius real estate group, llc.
MLS#:1659152
Source:ME_MREIS
Price summary
- Price:$595,000
About this home
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....
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Home facts
- Listing ID #:1659152
- Updated:August 12, 2026 at 10:35 AM
Structure and exterior
- Lot area:0.14 Acres
- Lot Features:Corner Lot, Intown, Near Shopping, Neighborhood, Open Lot
Finances and disclosures
- Price:$595,000
- Tax amount:$3,683 (2026)
Parking
- Parking description:No Driveway, None
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