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295 Island Avenue

Long Island, ME 04050

– beds
– baths
– sqft
~11 acre lot
– on site

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One-of-a-kind opportunity in the heart of Casco Bay to own 5.36 acres of land with structures and 5.91 acres of SUBMERGED LAND. Boasting breathtaking daytime views and stunning sunsets, this property is comprised of three contiguous tax lots on the west end of Long Island. The waterfront lot features approximately 2.35 acres with 750' shore frontage, a 110' wharf on pilings, and a 435' stone breakwater. Set on 3.01 acres, the upland lot offers sweeping views of Casco Bay with an 11,000 SF, 2 story building formerly used as navy barracks . The submerged land lot, known as 'the small boat pool' by the Navy, is approximately 5.91 acres between the breakwater and the shoreline and provides ample opportunity to further develop the existing wharf as well as potential uses for a marina, aquaculture site or other development. Just minutes from the public ferry and water taxi dock, this spectacular property is graced with the beauty and serenity of island life while being a short boat ride from the lively Portland waterfront.

Listing courtesy of MREIS / RE/MAX By The Bay

Last checked: Checking… • Last updated Jan 6, 2025 •

MLS# 1480441 —

The Building

Year Built:

None
New Construction:

No
Architectural Style:

None
Roof:

None
Basement:

None
Foundation Details:

None
Direction Faces:

None
Window Features:

None
Building Features:

None
Exterior Features:

None
Patio And Porch Features:

None
Security Features:

None
Accessibility Features:

None
Green Energy Efficient:

None

Interior

Rooms Total:

None
Interior Features:

None
Fireplaces Total:

None
Fireplace:

No
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Rent Includes:

None

Location

Directions:

None

The Property

Property Condition:

None
Property Subtype:

None
Lot Features:

Corner Lot, Open Lot, Rolling Slope, Landscaped, Abuts Conservation, Neighborhood
Lot Size:

490,921 Sqft
Lot Size Area:

11.27
Lot Size Acres:

11.27
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

IB-1
Property Attached:

No
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

true
Fencing:

None
Waterfront Features:

Ocean
Other Equipment:

None
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2019
Tax Annual Amount:

$7,137

Beds

Bedrooms Total:

None

Baths

Full Baths:

None
Three Quarter Baths:

None
Half Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Home Warranty:

No

Heating & Cooling

Heating:

None
Cooling:

No
Cooling:

None

Utilities

Electric:

On Site
Sewer:

None, Unknown
Water Source:

Well Needed on Site, None

Appliances

Appliances:

None

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa:

No
Spa Features:

None
Pool Private:

No
Pool Features:

None
Water Body Name:

Atlantic Ocean
Community Features:

None
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

No
Attached Garage:

No
Garage Spaces:

None
Carport Spaces:

None
Parking Features:

Other

Explore the Area

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Soundscore™

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Sale history

Date	Event	Source	Price	% Change
6/11/21 Jun 11, 2021	Sold	MREIS	$1,207,500

Plot of land Sold on 6/11/2021

$1,207,500

Listing provided by broker:

David Banks

RE/MAX By The Bay

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Listing Provided Courtesy of RE/MAX By The Bay

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

295 Island Avenue

Long Island, ME 04050