The location doesn't get much better than Summit Terrace Condominiums in South Portland's sought-after Willard Beach area. Nestled beside city-owned conservation property on three sides, these beautiful three-story condominiums offer a private setting backing up to woods with trails. This condominium features an elevator serving all three floors and an oversized one-car garage. Allowance packages for fixtures, flooring, and appliances offer opportunities to personalize your home. The ground floor offers flexible space for an efficiency or in-law setup, complete with a bathroom, kitchenette, and patio. The second floor features a living room with a fireplace and access to a covered balcony, along with a kitchen, dining room, office, and half bath. Upstairs, the spacious primary suite includes an en suite bath, a large walk-in closet, and a private balcony. A second bedroom with its own bath and a conveniently located laundry room complete the third floor. Heat pumps provide heating and air conditioning, supplemented by backup heat. Enjoy a private coastal retreat with beaches, waterfront trails, and neighborhood gathering spots close to home. Spring Point Marina, the SMCC campus, Willard Beach, Willard Square, and Bug Light are all within walking distance. The property even features its own little duck pond in the backyard. Six units are currently framed in this building, with three sold or under contract and three still available.
CondoProperty Type
2026Year Built
2.14 acresLot Size
$403Price/Sq.Ft.
$440/moHOA Dues
1 car garageParking
Listed by Anne Ross-Murray• F.O. Bailey Real Estate
Willard Square, located between Willard Beach and Bug Light Park, is a coastal and walkable South Portland neighborhood with a village-style commercial node and shoreline views. The neighborhood’s character concentrates around the Willard Square intersection of Willard Street and Ocean Street, where corner storefronts, cafes, and small-service shops set a steady, local rhythm. Scratch Baking Co., The Cookie Jar, and SMCC’s Jewett Auditorium act as familiar community pillars. Early-20th-century cottages and compact multi-family homes line narrow streets that slope toward Casco Bay. Sidewalks link the square to the sand at Willard Beach and the working-waterfront edges near Spring Point. The pace reads calm and lived-in, with daily errands and waterfront walks sharing the same blocks.
Provided by Walk Score and Local Logic
Offer insights
131 Summit Ter #7 · $947,872
$954K and above
75% chance or better to win
Why $954K+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 53 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
In-law floorplan
Bathtub
Elevator (passenger)
Pantry
Shower
Storage
Walk-in closet(s)
Primary bedroom with bath
Double-pane windows
Low-emissivity windows
Cable
Bedrooms
Primary bedroom (Third level)
Bedroom 3 (Third level)
1st floor bedroom (First level)
Bathrooms
3 full bathrooms
1 half bathroom
Kitchen
Kitchen (Second level)
Laundry & utility
Washer hookup
Flooring
Tile
Wood
Heating & cooling
Baseboard heating
Heat pump
Hot water heating
Zoned heating
Heat pump cooling
Fireplace
1 fireplace
Exterior features
Deck
Patio
Porch
Abuts conservation
Near public beach
Near shopping
Near turnpike/interstate
Near town
Neighborhood setting
Subdivided
Level lot
Wooded
Near public transit
Paved road
Home design
Condominium
Townhouse
Multi-level
New construction (2026)
Facing: Not specified
Parking
Attached garage
1 garage space
Auto door opener
Paved on-site parking (1–4 spaces)
Security
Fire sprinkler system
Construction
Wood frame construction
Vinyl siding
Fiberglass roof
Shingle roof
Builder-provided building area
Year built 2026
Utilities
Public water
Public sewer
HOA & community
Homeowners association with $440 monthly fee
Community has 6 units
Pets allowed: up to 2 pets (other restrictions)
Other
Green features: 90% efficient furnace, insulated foundation, LED light fixtures, thermostat
Water conservation: Air exchanger
Zoning R-2
Number of buildings on property: 4
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Cumberland County
APN
131SummitTerraceSouthPortland04106
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 3, 2026.
G
Residential District
To provide residential areas within the City of South Portland of high density in a manner which will promote a wholesome living environment. To this end residential development shall. Not exceed the net residential acreage provided in this Article. Whenever reference is made in a Commercial C or Industrial I zoning district to use of the space and bulk regulations of the Residential G District, such regulation shall include a maximum density of seventeen dwelling units per net residential acre; provided, further, that whenever reference is made in a Limited Business LB zoning district to use of the space and bulk regulations of the Residential G District, the net residential density provisions of the Residential G District shall control.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office
Medical office
Educational/school
Fire house
Library
Police station
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 18 days in 30 years
6/10 Wind Factor
66% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
South Portland, ME • 04106
Average low and high temperatures (°F)
30°
17°
33°
16°
44°
29°
52°
38°
62°
48°
74°
58°
80°
64°
77°
59°
71°
55°
61°
45°
50°
35°
35°
21°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in South Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 131 Summit Ter #7
$947,447
$425 under list price of $948K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $740K to $1.3M.