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$549,000
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Property Description
Welcome to Hobson's Landing, Portland's premier waterfront condominium community, now offered at an exceptional value! This is one of the largest one bedroom residences in the building and presents a rare opportunity to own in one of Portland's most sought after addresses. With TWO COVERED GARAGE parking spaces and direct building access, this property offers a level of convenience that is incredibly difficult to find in the Old Port and sets it apart from nearly every other one bedroom option on the market. Inside, floor to ceiling windows fill the space with natural light while remote controlled top down bottom up window treatments provide privacy and flexibility throughout the day. A fireplace creates a warm and inviting focal point, custom closet built ins maximize storage, and efficient heat pumps provide year round heating and cooling. Residents enjoy secure access, concierge service, a fitness center, coworking space, private courtyards, reservable meeting and event spaces, and a guest suite available for visiting friends and family. Additional conveniences include a dog wash station, community bicycles, and access to a shared Tesla. Step outside and enjoy immediate access to Portland's award winning restaurants, coffee shops, boutiques, galleries, waterfront trails and vibrant Old Port lifestyle.
Full Property Details
Full Property Details for 387 Commercial St #334
General
- Sold For: $549,000
- HOA FEE: $483/month
- Taxes: $8,373 (2026)
- Status: Closed
- Type: Condo
- Source: MREIS
- MLS ID: 1671173
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Elevator Passenger, Shower, Storage, Primary Bedroom w/Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Main Level, Washer Hookup
Additional Information
- Security/Safety: Fire System
- Equipment: Cable, Internet Access Available
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Common, Paved, 1 - 4 Spaces, On-Site Parking, Inside Entrance
Location
- County: Cumberland
- Subdivision: Hobson's Landing
Community
- Association: Yes
- Units Assoc/Comm: 64
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Gas Natural, Heat Pump, Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Construction: Steel Frame, Brick, Clapboard
- Basement: Yes
- Basement Desc.: Not Applicable, None
- Roof: Flat, Membrane
- Windows: Double Pane Windows
- Square Feet: 1,006
- Sq. Ft. Source: Public Records
- Finished Total: 1,006 Sq. Ft.
- Finished Above Grnd: 1,006 Sq. Ft.
- Year Built: 2024
Lot Features
- Zoning: Mixed Use
- Lot Description: Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks, Near Public Transit
Green Features
- Energy Efficient: Thermostat
- Water Conservation: Air Exchanger
Financial Considerations
- Association Fee: $483
- Assoc Fee Freq.: Monthly
- Tax Amount: $8,373.79
- Tax Year: 2026
Disclosures and Reports
- Block: A
- Lot Number: 3
Listed by Waypoint Brokers Collective (207) 804-2012
Sold by Portside Real Estate Group (207) 747-4236
Get Pre-Approved Today
Schools
Schools serving 387 Commercial St #334
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.5 mi |
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 1.4 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 2.4 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 387 Commercial St #334
Date
Details
Price
Change
Source
8/18/2026
Sold
$549,000
—
MLS
7/19/2026
Price Reduced
$549,000
-14.08%
MLS
7/14/2026
Price Reduced
$639,000
-7.26%
MLS
7/10/2026
Listed
$689,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
387 Commercial Street #334, Portland, ME 04101 (MLS# 1671173) is a Condo property that was sold at $549,000 on August 18, 2026. Want to learn more about 387 Commercial Street #334? Do you have questions about finding other Condo real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

