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$364,900
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Property Description
Positioned in the building's most coveted second-floor corner layout, Unit 205 frames breathtaking, multi-angle panoramic views of the rushing Saco River Falls. Experience the perfect balance of riverfront living, modern updates, and unbeatable convenience in this beautifully updated 2-bedroom corner unit at Saco Island Terrace. Located just steps from the Amtrak Downeaster, commuting to Portland or Boston is effortless while enjoying the charm and lifestyle of Southern Maine. Natural light fills the home, where spectacular river views can be enjoyed from every window. The updated kitchen features stainless steel appliances, leathered granite countertops, generous cabinetry, and an open living area with soaring ceilings that create a bright, spacious feel. The remodeled bathroom adds a fresh, contemporary touch, making this home truly move-in ready. Designed for comfort and privacy, the condo features soundproofed ceilings that provide exceptional noise reduction--you may never even know you have neighbors above you. An energy-efficient mini-split provides year-round heating and air conditioning, and HVAC system is professionally maintained by the condominium association for added convenience and peace of mind. Additional features include secure entry, a reserved parking space, and low-maintenance living, giving you more time to enjoy everything this exceptional riverfront community has to offer. Step outside and explore the restaurants, breweries, coffee shops, boutiques, and entertainment of both downtown Saco and Biddeford, all within walking distance. Spend weekends at nearby beaches or take a short drive to Portland's renowned waterfront, shopping, and dining. Whether you're searching for a primary residence, a low-maintenance second home, or an exceptional riverfront home with convenient access to Portland, Boston, and beyond, Unit 205 combines an unbeatable location, remarkable views, and a walkable lifestyle that's hard to find.
Full Property Details
Full Property Details for 1 Saco Island Terrace #205
General
- Price: $364,900
- HOA FEE: $450/month
- Taxes: $2,098 (2024)
- Status: Active Under Contract
- Type: Condo
- Source: MREIS
- MLS ID: 1673906
- Updated: 9/15/2026
- Added to Site: 72 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Bathtub
- Appliances: Dishwasher, Electric Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry - Coin
Additional Information
- Security/Safety: Security System
- Equipment: Cable, Internet Access Available
Parking
- Parking Features: Common, Paved, 1 - 4 Spaces, On-Site Parking
Location
- County: York
- Subdivision: Island Terrace Owners Association
School Information
- High School District: Saco Public Schools
Community
- Association: Yes
- Units Assoc/Comm: 90
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Heat Pump
- Heating Type: Electric, Gas Natural, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Garden, High-Rise, Other
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Not Applicable, Brick/Mortar
- Roof: Membrane, Rolled/Hot Mop
- Square Feet: 870
- Sq. Ft. Source: Public Records
- Finished Total: 870 Sq. Ft.
- Finished Above Grnd: 870 Sq. Ft.
- Year Built: 1987
Lot Features
- Property View: Scenic
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Zoning: SI
- Lot Description: Business District, Historic District, Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Level, Sidewalks, Landscaped, Near Public Transit
Water Features
- Water Front: Yes
- Water Front Name: Saco River
Financial Considerations
- Association Fee: $450
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,098
- Tax Year: 2024
Disclosures and Reports
- Block: 1
- Lot Number: 001/205
Listed by RE/MAX Realty One (207) 646-1320
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Price & Sales History for 1 Saco Island Terrace #205
Date
Details
Price
Change
Source
7/29/2026
Listed
$364,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Saco Island Terrace #205
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,202
5%
$155,100
4%
2024
$2,098
-5%
$149,300
—
2023
$2,202
12%
$149,300
39%
2022
$1,974
10%
$107,700
14%
2021
$1,790
10%
$94,800
15%
2020
$1,625
1%
$82,600
—
2019
$1,601
3%
$82,600
3%
2018
$1,548
5%
$79,900
5%
2017
$1,471
2%
$75,900
3%
2016
$1,437
1%
$74,000
—
2015
$1,422
3%
$74,000
—
2014
$1,378
—
$74,000
—
2013
$1,375
—
$74,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Saco Island Terrace #205
1 Saco Island Terrace #205, Saco, ME 04072 (MLS# 1673906) is a Condo property with 2 bedrooms and 1 full bathroom. 1 Saco Island Terrace #205 is currently listed for $364,900 and was received on July 29, 2026. Want to learn more about 1 Saco Island Terrace #205? Do you have questions about finding other Condo real estate for sale in Saco? You can browse all Saco real estate or contact a Coldwell Banker agent to request more information.

