Under Contract in Less Than a Week!
Michael Hitz of Maine Home Connection listed a home at 85 River’s Edge in Portland for $825,000 on July 7/17/19, and it went under contract a week after it hit the market. With low inventory and high demand in the state of Maine, homes are harder and harder to find.
Through June of 2019, single family home inventory in Cumberland County remains low. In fact, the Absorption Rate is running at 2.1 months. Pending sales are up and the median selling price continues to trend upwards.
For more statistical sales information, visit: Monthly Sales Report.
“Quintessential Maine home with warmth and distinction. This architecturally designed home has an expansive open floor plan with natural earth tones throughout. No expense was spared to build this extraordinary space from the custom kitchen with South American marble to Italian tile throughout the main floor with radiant heat under foot. The first-floor master bedroom suite is a sprawling oasis with a unique dressing room. The staircase is a work of art all on its own. Situated on the largest lot in the development, it abuts vast conservation land along the side and back of the property. 3 bedrooms, 3 full baths, study/den, laundry, second floor studio/fitness room and an unfinished bonus room above the garage. A few key features are central A/C, radiant floor heat on the 1st level, car lift for a 3rd car in the garage, and an endless pool for fitness. This special offering is the first time on the market.”