Endless Potential in Prime Portland Location! Welcome to 1851 Washington Avenue—a one-of-a-kind, custom-built 1950s brick Colonial in the heart of North Deering. With over 7,200 SQFT of living space on nearly an acre, this versatile property is ideal for homeowners, investors, or entrepreneurs seeking flexibility and opportunity. Inside, you'll find 6 spacious bedrooms—each with its own en-suite bath, making this home perfect for multi-generational living, Airbnb, or luxury rental units. The first floor impresses with a show-stopping 850 SQFT great room and full bath, leading to a chef's dream kitchen with cherry cabinetry, new quartz countertops, and abundant prep space. The flow continues into a formal dining room, library, and large living room, each featuring hardwood floors and wood/propane fireplaces. Step upstairs to find six bedrooms, three with access to an enclosed sun porch overlooking the scenic 24-acre green space next door—ideal for relaxing or entertaining. The basement adds even more functionality with space for a media room, workshop, storage, and even a vintage 1950s-style dance floor with a half bath. There are 4 heat pumps throughout for ideal comfort year round. Outside, enjoy a 4-car drive-through garage, a driveway that fits up to 20 vehicles, and a fenced backyard—a rare city find. Whether you envision a wellness center, daycare, home business, or three high-end units, this property supports it all. Currently licensed for short-term rentals, and just minutes to I-95, the Falmouth Spur, shops, parks, and golf courses. Owner financing available. Don't miss your chance to own one of Portland's most unique and adaptable homes—1851 Washington Ave awaits!