1 Hope Island
Chebeague Island, ME 04017
- 3 Beds
- 4.5 Baths
- 11,658 sqft (on 86 acres)
3 Beds
4.5 Baths
11,658 sqft
(on 86 acres)
Home Value
Trulia Estimate
$5.82MSince last month
Increased$118K (+2.2%)Since last year
Decreased$3M (-34.6%)Since last sale
Decreased$2M (-22.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -37% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $5.44M |
| July 2026 | $5.24M |
| June 2026 | $5.32M |
| May 2026 | $5.29M |
| April 2026 | $5.36M |
| March 2026 | $5.46M |
| February 2026 | $5.01M |
| January 2026 | $4.78M |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.79 | Single-Family Home | $1,395,000 | 10/10/25 | 2 | 1.5 | 2,058 | |
1.31 | Single-Family Home | $850,000 | 11/26/25 | 3 | 1.5 | 1,890 | |
0.98 | Single-Family Home | $529,000 | 07/31/26 | 2 | 1 | 929 | |
1.48 | Single-Family Home | $684,000 | 10/03/25 | 3 | 2 | 2,000 | |
1.00 | Single-Family Home | $375,000 | 09/19/25 | 2 | 1 | 527 | |
1.26 | Single-Family Home | $575,000 | 05/01/26 | 3 | 1 | 1,272 | |
1.55 | Single-Family Home | $477,000 | 08/18/25 | 3 | 2 | 1,847 | |
1.40 | Single-Family Home | $560,000 | 10/17/25 | 2 | 1 | 1,500 | |
2.23 | Single-Family Home | $2,500,000 | 09/15/25 | 5 | 3 | 4,239 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.63 | - | 1 | 1 | 600 | Off Market | |
0.75 | $469,200 | 3 | 1 | 1,000 | Off Market | |
0.81 | $1,363,900 | 13 | 3 | 3,403 | Off Market | |
0.80 | $1,423,000 | 2 | 1.5 | 2,058 | Off Market | |
0.87 | $643,600 | 3 | 1 | 1,044 | Off Market | |
0.96 | $600,000 | 2 | 1 | 624 | Off Market | |
0.97 | $987,400 | 4 | 2 | 2,016 | Off Market | |
0.98 | $529,000 | 2 | 1 | 929 | Recently Sold | |
1.00 | $383,100 | 2 | 1 | 527 | Off Market | |
1.03 | - | - | - | - | Off Market | |
1.12 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2000
Lot Size
86 acres
Living Area
11,658 sqft
Price/Sqft
$499
Parking
Garage
Last check for updates: about 24 hours ago
Listed by Legacy Properties Sotheby's International Realty
Bought with: Legacy Properties Sotheby's International Realty
Source: Maine Listings, MLS#1496949

About this House
Welcome to Hope Island... A majestic 86 acre private island in the heart of Casco Bay. Just a short 20 minute boat ride from Portland, Hope Island offers the ultimate opportunity for privacy and exclusivity without isolation. Nearby Portland is well known for its world-renowned restaurants, shops, galleries, medical and veterinary care, jetport, and much more! The island's main residence is an 11,658 sqft Mediterranean style house with a custom floating staircase, circular polished stone and brass bar, three luxuriously appointed bedroom and bath suites, a gym, executive office, a sprawling courtyard, panoramic ocean views from every room, and multiple balconies. The island also features two well-appointed guest houses (2,818 sqft and 4,450 sqft), a tavern, a chapel, a boathouse, multiple staff and caretaker apartments, an equestrian barn, storage barns, deep water dock, barge ramp, and many ancillary buildings that could be converted to suit many needs. This island is self-sufficient with 15 drilled wells, individual septic systems for each habitable building, 6,000-amp submarine electric cable service, a generator house, and knowledgeable staff in place. Move here and feel instantly at home now while imagining future possibilities... Hope Island is well suited to accommodate a mega yacht, a helipad, or infinity pool. Along with Hope Island's impressive infrastructure, it offers a wide array of leisure amenities including but not limited to fishing, swimming, kayaking, boating, biking, four wheeling, and horseback riding. Marvel at the sweeping water views, beautiful coastline, sandy beaches, and wildlife every day if you so choose to call this oasis home or home away from home. The island is well equipped for entertaining and large social gatherings, but the peaceful atmosphere also makes it the perfect locale for relaxation or working remotely. Hope Island offers the very best of the Maine lifestyle—Truly a remarkable asset in an unpredictable world!
1 Hope Island, Chebeague Island, ME 04017 is a 3 bedroom, 6 bathroom, 11,658 sqft single-family home built in 2000. It last sold for $7,000,000 on Sep 7, 2021 (33% below the $10,500,000 asking price). It is currently off market. The Trulia Estimate is $5,818,600, with a rent estimate of $7,305/month.
Home Details for 1 Hope Island
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MLS Status: Closed |
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Interior Details Basement: Interior Entry,Partial,UnfinishedNumber of Rooms: 15Types of Rooms: Primary Bedroom, Bedroom 1, Bedroom 2, Dining Room, Exercise Room, Great Room, Kitchen, Laundry, Living Room, Media Room, Mud Room, Office, Other Room, Other Room 2, Other Room 3 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 6Number of Bathrooms (full): 3Number of Bathrooms (half): 3 |
Dimensions and Layout Living Area: 11658 Square Feet |
Appliances & Utilities Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: SinkRefrigeratorWasher |
Heating & Cooling Heating: Hot Water,Zoned,RadiantNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water |
Fireplace & Spa Number of Fireplaces: 5Has a Fireplace |
Gas & Electric Electric: Circuit Breakers, Underground |
Windows, Doors, Floors & Walls Flooring: Carpet, Other |
Levels, Entrance, & Accessibility Floors: Carpet, Other |
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Exterior Home Features Roof: TilePatio / Porch: Deck, PatioOther Structures: OutbuildingExterior: Animal Containment SystemNo Private Pool |
Parking & Garage Number of Garage Spaces: 8Number of Covered Spaces: 8No CarportHas a GarageNo Attached GarageParking Spaces: 8Parking: Concrete,21+ Spaces,On Site,Detached,Heated Garage |
Frontage WaterfrontRoad Frontage: Private RoadRoad Surface Type: Gravel, DirtOn Waterfront |
Water & Sewer Sewer: Private SewerWater Body: Casco Bay |
Farm & Range Frontage Length: Waterfrontage: 11050, Waterfrontage Owned: 11050 |
Finished Area Finished Area (above surface): 11658 Square Feet |
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Year Built Year Built: 2000 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other |
Building Construction Materials: Masonry, Brick |
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Price List Price: $10,500,000 |
Status Change & Dates Off Market Date: Thu Aug 05 2021 |
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Direction & Address City: Chebeague Island |
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Building Area Building Area: 11658 Square Feet |
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Lot Area: 86 Acres |
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BasementMls Number: 1496949Above Grade Unfinished Area: 11658 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 7, 2021 Source: Maine Listings #1496949 | Sold | $7,000,000 |
Aug 12, 2021 Source: Maine Listings #1496949 | Pending | $10,500,000 |
Jun 18, 2021 Source: Maine Listings #1496949 | Listed For Sale | $10,500,000 |
Market trends in Chebeague Island
Last updated July 2026
Avg. sale price
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Sale-to-List Price
—
Price per sq ft
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Available listings
6
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Frequently asked questions about 1 Hope Island
- What is 1 Hope Island estimated to be worth?Trulia's estimated value for 1 Hope Island in Chebeague Island, ME is $5,818,600.
- What is the price history for 1 Hope Island?1 Hope Island in Chebeague Island, ME last sold for $7,000,000 in September 2021.
- What are the closest schools to 1 Hope Island?The closest schools to 1 Hope Island in Chebeague Island, ME are Greely High School (rated 10/10), Greely Middle School (rated 10/10), Greely Middle School 4-5 (Elementary, rated 10/10).
- Does 1 Hope Island have laundry facilities?Yes, 1 Hope Island in Chebeague Island, ME has in-unit laundry.
- How big is the lot at 1 Hope Island?The lot at 1 Hope Island in Chebeague Island, ME is about 86 acres.
- Does 1 Hope Island have a garage?Yes, 1 Hope Island in Chebeague Island, ME has a garage.

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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