Central Maine Real Estate Experts

198 & 202 Pheasant Hill DrivePortland, ME 04103Sale Price: $655,000

  • Sale Price: $655,000
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Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $655,000Sale Price
  • 3Bedrooms
  • 4Bathrooms
  • 11Acreage
  • 2,387Square Feet
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Listed by Keller Williams Realty (207-553-2662)

Sold by Keller Williams Realty
One of a kind opportunity! Two extraordinary parcels presented for sale as one unique offering. Enjoy the best of both worlds - city living in a country-like setting. The custom-built 3 bed, 3.5 bath Colonial style home extends to one acre plus the adjacent 10 acre cleared buildable parcel. Extreme privacy afforded to both properties, buffered by 8 acres of Pheasant Hill private woodlands and trails, completing a significant privacy buffer atop of the highest point in Portland. Sanctuary and convenience just minutes from the Old Port, Casco Bay, outstanding Hospitals, award-winning dining, arts, entertainment and the International Jetport. This combined offering of two parcels for sale - the house and land lot - totals 11 acres. Build your dream home on the 10 acre parcel and keep the custom colonial as a guest house. Need space to work from home?....no problem. The colonial has two offices with a third remote office/studio currently existing on the 10 acre adjacent parcel, with wi-fi, heat and power. This private residence features a popular open plan design; Spacious KT with center island, living room with fireplace and formal DR. Master with bathroom and walk-in closet and two further bedrooms. Hardwoods throughout. Opportunity to build your dream home on this extraordinary site, or just delight in the meadowland and trees that hallmark the 10 acre adjoining parcel. A truly unique opportunity to purchase quite possibly one of the largest private parcels ever offered in the city of Portland. Great potential for a family compound, Private Retreat, Artists, Engineers, Medical, Designers and Nature Lovers - live out your dream lifestyle at this remarkable property! Due to COVID-19 please don't schedule showings if agent or buyers exhibit cold/flu like symptoms or fails to meet self-quarantine mandates from the CDC. By scheduling a showing, you're acknowledging this requirement & agree you aren't aware of any issues. Masks, gloves & foot coverings required.

Property Details of 198 & 202 Pheasant Hill Drive

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Coldwell Banker Plourde Real Estate participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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