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Michael Payeur

Michael Payeur
Real Estate Agent (Associate Broker)
Scarborough ME

Associate Broker (ME: BA916828)

15 years experience

REALTOR® 3 Active Listings Serves Cumberland County, ME
View on Realtor.com

Contact Information

Brokerage
The Real Estate Store

Office Website
Office Address
252 U S Rte One
Scarborough, ME  04074
(Cumberland County)
Office Phone
207-883-4327
Office Fax
207-883-4329
Mobile
207-205-0482
Email
mike***********@*****.com
Show Email for $5

Service Areas

Dayton: ME Biddeford: ME Biddeford Pool: ME Kennebunkport: ME Arundel: ME Saco: ME Scarborough: ME Westbrook: ME South Portland: ME Portland: ME Falmouth Foreside: ME Falmouth: ME

About Michael Payeur

### Mike Payeur

#### Professional Experience

With more than 27 years in real estate development and home building, Mike Payeur is a seasoned professional at The Real Estate Store. His extensive knowledge of these sectors provides a significant advantage for clients navigating today’s real estate landscape.

Mike holds certification as a Building Energy Analyst from the Building Performance Institute. This expertise equips clients with insights into potential heat loss, air infiltration, and ventilation challenges in properties they are considering for purchase or sale. He previously owned and operated a company specializing in insulation and weatherization, which enhanced the comfort of numerous homes and businesses while helping clients achieve substantial energy savings.

In addition to his development experience, Mike has managed various vacation rental and residential income properties across Central and Northern Aroostook County. His diverse background in real estate makes him an invaluable asset to The Real Estate Store/Applebee Commercial.

#### Service Areas and Specialties

- Assisting buyers and sellers with new home construction, existing properties, land, commercial ventures, and investment opportunities.
- Conducting complimentary energy evaluations for clients using infrared technology during comprehensive inspections. This service identifies heat loss and air infiltration issues, accompanied by recommendations for weatherization improvements.
- Collaborating with builders and developers to facilitate the sale of their real estate projects and offering consultation as needed.

#### Personal Background

Mike has been married for over three decades to his wife, Pam, who leads a non-profit organization dedicated to supporting Maine’s wounded military veterans (www.warriorlegacyfoundation.org). Together, they have three children: Jon, Mike, and Dani. The family enjoys various outdoor activities, including boating and snowmobiling in ‘The County.’

Mike is also a past advisory board member of Maine Successful Thinkers (MST) and has served as both a member and past president of the MST Saco, Maine group. Additionally, he is an active member of the Rotary Club in Scarborough, Maine.

Cumberland County, ME Real Estate Market Analysis (Single Family Homes)

$792,416
Avg. Listing Price
From Michael's portfolio
3.3 / 2.4
Avg. Beds/Baths
Typical property size
2,171 sf
Avg. Square Footage
Interior living space
566
Active Listings
Current inventory

Cumberland County's real estate market stands as Maine's economic powerhouse, encompassing the state's largest city, Portland, and stretching from coastal communities to inland suburban enclaves. This diverse market serves as the commercial and residential hub for southern Maine, attracting buyers from across New England who seek Maine's quality of life without sacrificing urban amenities. The county's proximity to both Boston and the White Mountains creates unique market pressures that distinguish it from typical rural Maine real estate patterns.

With 2,504 total actively licensed agents operating throughout the county, Cumberland County maintains one of the most robust real estate professional networks in northern New England. Remarkably, all 2,504 agents maintain email contact information, reflecting the market's technological sophistication and professional standards. This high level of digital connectivity enables rapid market communication and transaction coordination across the county's varied geographic regions.

Major Cumberland County, Maine Real Estate Markets

Portland dominates the county's real estate landscape, with its revitalized downtown, thriving food scene, and waterfront properties commanding premium prices. The Old Port district and Eastern Waterfront have transformed from industrial zones into highly sought-after residential and mixed-use developments. Beyond Portland, wealthy coastal communities like Cape Elizabeth, Falmouth, and Yarmouth offer some of Maine's most expensive residential properties, while Freeport leverages its outlet shopping fame to maintain steady tourism-driven real estate demand.

Inland communities such as Windham, Gorham, and Standish provide more affordable suburban alternatives, attracting families and commuters who work in Portland but prefer rural settings. These towns have experienced significant residential development as Portland's housing costs have risen. Meanwhile, smaller coastal towns like Cumberland and North Yarmouth offer exclusive, low-density residential markets that appeal to high-income buyers seeking privacy and natural beauty.

Market Dynamics and Geographic Complexity

Cumberland County's real estate market exhibits surprising seasonal volatility, with summer months driving coastal property values while inland markets remain more stable year-round. The county's economy, anchored by healthcare, technology, and tourism, creates diverse buyer demographics ranging from young professionals to wealthy retirees. Maine's lack of state sales tax and relatively low property taxes compared to Massachusetts attract out-of-state buyers, particularly from the Greater Boston area.

Geographic constraints significantly influence market dynamics, as much of the county's eastern border consists of protected coastline and islands, limiting developable land. This scarcity drives competition for available properties, particularly those with water access or views. The county's western regions offer more development opportunities but face infrastructure challenges and longer commutes to employment centers, creating distinct micro-markets within the broader county economy.

Why Businesses Need Cumberland County, Maine Agent Contact Data

Real estate service providers, from mortgage lenders to home improvement contractors, require comprehensive agent contact data to effectively penetrate Cumberland County's lucrative market. With all 2,504 licensed agents maintaining email addresses, businesses can implement targeted digital marketing campaigns that reach the entire professional network. This complete coverage is particularly valuable for financial services, insurance providers, and technology companies seeking to establish relationships with agents handling high-value coastal transactions.

Property management companies, staging services, and specialty contractors benefit enormously from direct agent access, as Cumberland County's diverse market requires specialized expertise for different property types and price points. The county's mix of historic properties, new construction, and luxury coastal homes creates opportunities for businesses that can effectively communicate their specialized services to the right agent segments through targeted email marketing campaigns.

Current Property Listings

As of 2/17/2026, Michael Payeur has 3 properties for sale in Scarborough and surrounding areas.

$514,900

Listed 2024-05-22

7 Apex Dr Unit 2
Westbrook, ME  04092

Beds: 3.0
Baths: 2.0
Sq Ft: 1,850
Lot: 50,965 sf
Townhomes Map
View Full Details

$516,300

Listed 2024-05-22

5 Apex Dr Unit 1
Westbrook, ME  04092

Beds: 3.0
Baths: 2.0
Sq Ft: 1,850
Lot: 50,965 sf
Townhomes Map
View Full Details

$844,995

Listed 2025-10-13

44 Two Rod Rd
Scarborough, ME  04074

Beds: 3.0
Baths: 2.5
Sq Ft: 1,620
Lot: 42,253 sf
Single Family Map
View Full Details

Current Property Rentals

Michael Payeur currently has no rental properties available in Scarborough and surrounding areas. Check back later.