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$1,450,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,648 Sq. Ft.
  • 1 Car Garage
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Experience Maine's luxury coastal living at 383 Commercial Street at Hobson's Landing, Portland's premier waterfront address, recently completed in 2024. This 5th floor, two bedroom residence offers a rare opportunity to own a sophisticated urban condo in a prime Old Port location. Designed for effortless single level living, the open concept layout connects an eat-in kitchen, dining area, and a sunlit living room that opens to a private corner deck. A versatile den provides the ideal space for a home office, reading nook, or media room. The spacious primary suite features a walk-in closet, an ensuite bath with double vanity, and thoughtful privacy with additional access to the deck. A second bedroom, full guest bath, and a centrally located laundry area add comfort and convenience. Residents enjoy full access to Hobson's Landing's exceptional amenities, including a welcoming lobby with concierge service, clubroom with fireplace, state-of-the-art fitness center, and lovely outdoor courtyards. This condo is also complimented by reserved garage parking and an electric vehicle charging station. All just around the corner from Portland's celebrated restaurants, boutique shops, galleries, and the working waterfront - everything you need is right at your fingertips.

Full Property Details for 387 Commercial St #525

General

  • Sold For: $1,450,000
  • HOA FEE: $627/month
  • Taxes: $1 (2025)
  • Status: Closed
  • Type: Condo
  • Source: MREIS
  • MLS ID: 1636011
  • Added to Site: 172 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Walk-in Closets, Elevator Passenger, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
  • Appliances: Refrigerator, Gas Range, Disposal, Dishwasher
  • Flooring: Wood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Laundry - 1st Floor, Main Level

Additional Information

  • Equipment: Internet Access Available, Cable

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Reserved Parking, 1 - 4 Spaces, Paved, Common, On-Site Parking, Inside Entrance, Electric Vehicle Charging Station(s)

Location

  • County: Cumberland
  • Subdivision: Hobsons Landing

Community

  • Association: Yes
  • Units Assoc/Comm: 64

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Zoned, Heat Pump, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Construction: Clapboard, Brick, Steel Frame
  • Roof: Flat, Membrane
  • Building Size: 1648
  • Square Feet: 1,648
  • Sq. Ft. Source: Public Records
  • Living Area: 1,648 Sq. Ft.
  • Finished Total: 1,648 Sq. Ft.
  • Finished Above Grnd: 1,648 Sq. Ft.
  • Year Built: 2023

Lot Features

  • Property View: Scenic
  • Lot Size Source: Public Records
  • Zoning: Mixed Use
  • Lot Description: Well Landscaped, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit

Financial Considerations

  • Association Fee: $627
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1
  • Tax Year: 2025

Disclosures and Reports

  • Block: A
  • Lot Number: 3

Listed by RE/MAX By The Bay (207) 773-2345
Sold by Town & Shore Real Estate (207) 773-0262

Listing agent

— 387 Commercial St #525 —

  • RE/MAX By The Bay

    207-773-2345

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 387 Commercial St #525

School District:Portland
NameGradesDistance
Howard C Reiche Community School
166 Brackett Street, Portland, ME 04102
K-50.5 mi
East End Community School
195 North Street, Portland, ME 04101
PK-51.4 mi
Deering High School
370 Stevens Avenue, Portland, ME 04103
9-122.4 mi
Casco Bay High School
196 Allen Avenue, Portland, ME 04103
9-123.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 387 Commercial St #525

Date
Details
Price
Change
Source
10/16/2025
Sold
$1,450,000
-6.45%
MLS
8/29/2025
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX By The Bay (207) 773-2345
Sold by Town & Shore Real Estate (207) 773-0262

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387 Commercial Street #525, Portland, ME 04101 (MLS# 1636011) is a Condo property that was sold at $1,450,000 on October 16, 2025. Want to learn more about 387 Commercial Street #525? 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.