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September 17, 2025

'Home-o-minium' developments offer new types of neighborhoods

aerial view of a condo complex PROVIDED PHOTO Wibur's Woods development in Brunswick includes 21 standalone condominiums.
By Tina Fischer

There are a number of neighborhoods being built around the state which represent a twist on the condominium concept; where homeowners share the development’s property — but not walls — with neighbors.

Residents enjoy the convenience of having exterior maintenance provided, consistent with a traditional HOA, with a bit more privacy.

Case in point is Ledge Point, a Hallowell development led by Matt Morrill.

“People in this area like the amenities and ease of condo living with the privacy of the standalone units," he told Mainebiz. “The market has primarily been for retirees and downsizers. Most owners are retired or in the last few years of working full time and no longer want to maintain large homes and yards.”

There’s a sense of a connected community, too.

“With the close proximity of the units, the neighbors really watch out for one another," Morrill said. "It makes leaving for a trip or extended stay easy with your neighbors/friends next door keeping an eye on your space.”

several new condominiums
PHOTO / TINA FISCHER
A few of the freestanding condominiums at Ledge Point in Hallowell.

Morrill’s Grand View Builders, based in Hallowell, has built 14 units so far, all but one of which are already occupied. Two of the next five units to be built in the 34-home development are under contract.  

Three models range in size from 1,300 to 1,650 square feet, with an option for a two-car garage, and are priced between $576,000 and $715,000.

Brunswick stand-alone condos

GreenMars, a Portland-based developer, is wrapping construction on 21 standalone condominiums at 196 McKeen St. in Brunswick, less than a mile from the Bowdoin College campus.

Wilbur’s Woods is an affordable complex, built for households with an annual income of $105,360. Homes are priced at $325,00, significantly below the area’s market housing prices, thanks to financing through MaineHousing’s Affordable Home Ownership program.

Chris Marshall, one of two partners at GreenMars, said the 960-square-foot, two-story units (with an additional 450 square feet of unfinished basement space) would likely sell for $500,000 — if market-priced. But company’s mission with this project, “is to bring back the starter home," Marshall said. 

“We wanted to build what are essentially single-family homes in the most efficient way we could while making them really beautiful and comfortable to live in," he added. 

“We think people are yearning too for a more community feel to their neighborhoods. All of our front porches face other front porches, and everyone parks together in an open lot.”

The monthly HOA fee for the development will be priced at just around $300, “which is as low as you can go in Maine,” Marshall said. 

All of the 21 homes are under contract, to buyers ranging from younger first-timers to “downsizers” and retirees.

GreenMars has developed a number of much larger projects around the state, but Wilbur’s Woods is an important trial for the firm.

“This is a pilot for us,” Marshall said, “to see if we could sell this many units at this price point. The answer has been a resounding ‘yes.'"


 

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