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Updated: October 23, 2023

$2.25M sale is Portland’s highest for two-family home in 2023, so far

three story building Courtesy / Benchmark Real Estate The three-story home at 45 Turner St. on Munjoy Hill was on the market for the first time.

A two-family home in Portland that sold for $2.25 million is said to be Portland’s priciest two-family home sale in 2023.

The assessment is based on information from the Maine Real Estate Information System Inc., known as Maine Listings, for the period Jan. 1 to Oct. 22, listing broker Tom Landry at Benchmark Real Estate told Mainebiz

The three-story home at 45 Turner St. was built in 2009. The property is on Munjoy Hill with views of Casco Bay.

The property, on just over one-tenth acre, was on the market for the first time. Features include 12-foot ceilings on the three floors and a “modern” aesthetic with custom finishes throughout the 4,573 square feet of living space. The house was built by a developer for his own family.

The main house has three bedrooms and 2.5 bathrooms, with an ''upside down'' layout that allows the fully open third floor that includes kitchen, dining and living areas.

An elevator runs between the three floors. There’s a sauna and home gym area in the basement, studio space on the top floor and a deck nearly 30 feet above the ground.

There’s a separate apartment with one bedroom and one bathroom. It was marketed as providing flexible extra space for a rental unit or in-law or guest quarters.

2nd-highest sale

Landry said his firm also had Portland’s second-highest two-family home sale in 2023, with the $1.6  million sale of 42 Lafayette St., also on Munjoy Hill in Portland.

The buyer’s broker was Portside Real Estate Group.

The 3,231-square-foot home on  0.14 acres was built in 1865.

green-sided building and yard
Courtesy / Benchmark Real Estate
Also on Munjoy Hill, 42 Lafayette St. was built in 1865 and restored over the past few years by the sellers who “quite literally saved this home from the wrecking ball.”

The home was marketed as having been restored over the past few years by the sellers who “have quite literally saved this home from the wrecking ball and transformed it from decay to deluxe,” the listing says.

That included a full gut-rehab from foundation to roof and installation of new materials and systems designed to be low maintenance and “super efficient,” including insulation, wiring, plumbing, kitchens, baths, mini-split heat pumps, landscaping and driveway. 

The structure has received approvals for condo conversion. Its current setup is as a residential building with two units.

High Windham sale

Benchmark said it also sold one of the highest residential sales ever in Windham.

A 3,595-square-foot single-family home 30 acres at 37 Lords Way sold for $1.495 million. It was built in 2005.

The buyer’s broker was Legacy Properties Sotheby's International Realty.

The property was market as overlooking a wide valley with views of the White Mountains. Features include an open-concept living area and a kitchen with an island, wet bar, custom cabinetry, walk-in pantry, and new appliances. 

aerial of buliding and land and woods
Courtesy / Benchmark Real Estate
Benchmark claims the sale of a single-family home on 30 acres at 37 Lords Way in Windham as one of the town’s highest residential sales ever.

Upstairs, there’s an octagonal turret, two bedrooms, a full bathroom, sitting area, laundry room, and a bonus room. There’s also a new roof, climate-controlled space suitable for a gym or workshop, an attached garage with up to five bays, and the potential for expansion on the third floor. 

Elsewhere on the property are two barns, hardscape, hiking trails and a pond.

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