Nestled in the heart of Portland's vibrant Munjoy Hill neighborhood on the peninsula, this inviting 2-bedroom, 1 1/2 bath condominium offers an exceptional blend of urban convenience and coastal charm. Located within the intimate 16-unit Adams School Condominiums, this residence presents a rare and affordable opportunity to own in one of the city's most sought-after locations, complete with peek-a-boo views of Casco Bay. The approximately 1,100-square-foot layout features hardwood floors throughout and a modern kitchen with granite countertops, ideal for both everyday living and entertaining. A convenient half bath includes a laundry closet, while a versatile area just off the kitchen entry provides the perfect nook for a home office or study. The unit offers excellent in-unit storage, along with an exceptional dedicated storage room near the entry. Additional highlights include a deeded parking space and an adjacent neighborhood park for everyday enjoyment. Location is everything here-just steps from the iconic Eastern Promenade, offering a scenic shoreline walking path, tennis courts, ball fields, playgrounds, and easy access to waterfront recreation. Enjoy a highly walkable lifestyle with close proximity to local restaurants, downtown Portland, and the Old Port's renowned shops and dining. As an affordable housing opportunity. Qualified buyers must meet income guidelines not exceeding 120% of the area median income ($109,032 for a one-person household; $124,608 for a two-person household). Don't miss this rare chance to own on Munjoy Hill.