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Chebeague Island Home for Sale

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    $185,000

    • Land
    • 1.35 Acres
    • $137,037 per Acre

    Lot 2 Buxhill Blvd, Chebeague Island, ME 04017

    Lot 2 at Buxhill Boulevard consists of 1.35 acres in a convenient location near the Chebeague Island Inn, CTC ferry, Stone Pier, Great Chebeague Golf Club with its nine-hole golf course, and several beaches including Hamilton Beach. Come explore the possibility of building your own island cottage with peaks of water views on one of Casco Bay's most desirable islands. This parcel has been surveyed

    Carrie Martin Legacy Properties Sotheby's International Realty

    Lot 2 Buxhill Blvd, Chebeague Island, ME 04017

About Chebeague Island

Chebeague Island in Portland offers a unique living experience with a mix of historic homes dating back to the 1800s and newer constructions. The housing market includes modest Cape Cods and coastal cottages, with larger ocean-view homes commanding higher prices. The island has a limited number of building permits to control growth, and residents are mindful of the single aquifer serving the community. Outdoor activities are abundant, with the Chebeague Island Yacht Club offering sailing lessons and races, and the Great Chebeague Golf Club providing a 9-hole course. The Chebeague Recreation Center is a year-round hub with a gym, swimming pool, and pickleball court, offering various programs and camps. Dining options include the seasonal Two Birds Café and the fine dining Chebeague Island Inn, while Doughty’s Island Market supplies grocery basics. For larger grocery needs, residents rely on Casco Bay Lines freight ferries. The island hosts events at the Chebeague Island Inn and the Chebeague Island Historical Society, which preserves local history through lectures and exhibits. Transportation is primarily by bike or ferry, with regular ferry services to Portland and Yarmouth. The Portland International Jetport and Maine Medical Center are about 10 miles away. Students attend the Chebeague Island School for kindergarten through fifth grade, then commute to Yarmouth for middle and high school, attending the highly rated Frank H. Harrison Middle School and Yarmouth High School. The island has low crime risk areas compared to the national average and has taken measures to address coastal erosion and sea level rise.

Frequently Asked Questions

Is Chebeague Island a good place to live?
Chebeague Island is a good place to live, receiving 4.0 stars from its residents. Chebeague Island is considered very car-dependent and somewhat bikeable. Chebeague Island is a suburban neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Chebeague Island has 5 parks for recreational activities. It is sparse in population with 0.6 people per acre and a median age of 51. The average household income is $164,412 which is above the national average. College graduates make up 73.9% of residents. A majority of residents in Chebeague Island are home owners, with 16.8% of residents renting and 83.2% of residents owning their home. A local real estate agent serving Chebeague Island can help you decide if this neighborhood is the right one for you. Learn more on our Chebeague Island neighborhood guide.
Is Chebeague Island, ME a safe neighborhood?
Chebeague Island, ME is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Chebeague Island?
The median home price in Chebeague Island is $549,000. If you put a 20% down payment of $109,800 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $2,870 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $123K a year to afford the median home price in Chebeague Island. The average household income in Chebeague Island is $164K.
What are the best public schools in Chebeague Island?
The best public schools that serve Chebeague Island are:
What are the most popular zip codes in Chebeague Island, Portland, ME?
The most popular zip codes in Chebeague Island, Portland, ME include 04072, 04064, 04074, 04101 and 04011.
What are the most popular neighborhoods near Chebeague Island, Portland, ME?
The most popular neighborhoods near Chebeague Island, Portland, ME are Cousins Island, Cumberland Foreside, Harpswell Neck, Peaks Island and Outer Falmouth.
Are home prices dropping in Chebeague Island?
Yes, home prices in Chebeague Island are down 12% in the last 12 months.

Home Trends in Chebeague Island, ME

Home Trends

Median Price (12 Mo)
$520,000
Median Single Family Price
$520,000
Average Price Per Sq Ft
$473
Last 12 months Home Sales
9
Median List Price
$549,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-28%
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