Peaks Island, Peaks Island, ME
Peaks Island — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Peaks Island, Peaks Island, Maine. Explore the cited sources and local facts below while agent underwriting continues.
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Peaks Island Neighborhood Overview
Peaks Island is a distinct island community located in Casco Bay, just a short ferry ride from downtown Portland. It offers residents a unique blend of serene, small-town island living with convenient access to the amenities of a major city. The atmosphere is defined by its natural coastal beauty and a strong, close-knit community spirit.
Lifestyle & Amenities
Life on Peaks Island revolves around its stunning waterfront, with activities like kayaking, swimming, and walking the scenic shoreline paths. The island features a few local businesses, including cafes and a market, fostering a self-contained village feel. Community events and a deep appreciation for the outdoors are central to the island's lifestyle.
Real Estate Market
The real estate market on Peaks Island is characterized by a high homeownership rate of 85%. The median home value is approximately $418,000, reflecting the demand for island properties. Rental options are limited, with a median rent around $1,543 per month.
Schools & Education
Peaks Island is part of the Portland Public Schools district. For their education, most middle and high school students commute via ferry to schools on the mainland in Portland. The island community places a high value on education and supports its students through the unique logistics of island living.
Transportation & Connectivity
Transportation is defined by the Casco Bay Lines ferry service, which provides regular, year-round passenger and vehicle transport to and from Portland. The ferry is the island's lifeline, connecting residents to work, shopping, and services on the mainland. On the island itself, golf carts, bicycles, and walking are the primary modes of local travel.
Why Choose Peaks Island
Peaks Island is ideal for those seeking a peaceful, nature-focused retreat without sacrificing urban access, thanks to the reliable ferry. The community boasts a high median household income of $90,893 and an exceptionally strong sense of neighborly connection. It offers a truly distinctive lifestyle for individuals and families who value island living and a tight-knit community atmosphere.
Peaks Island Market Data
| Metric | Value |
|---|---|
| Median Home Price | $418K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $91K |
| Homeownership Rate | 84.7% |
| Renter-Occupied | 15.3% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Elite |
| Primary ZIP Code | 04108 |
Top Real Estate Agents in Peaks Island, Peaks Island
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Peaks Island, Peaks Island, ME. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Maine Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15