15

Cape Elizabeth, ME Homes for Sale

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  • /5

    $795,000 Open House 4/12

    • 3 Beds
    • 2 Baths
    • 1,662 Sq Ft

    5 Oakwood Rd, Cape Elizabeth, ME 04107

    Designed for easy, everyday living, this single-story home offers a spacious mudroom with built-in cabinetry--conveniently located off both the garage entrance and front porch--along with an enlarged two-car garage. The living room is thoughtfully expanded, featuring vaulted ceilings, custom built-in bookcases, and a double-sided decorative fireplace that adds both charm and character. The

    Agent Photo

    Monica Dambach

    Waypoint Brokers Collective

    (207) 280-8736

    5 Oakwood Rd, Cape Elizabeth, ME 04107
  • /48

    $3,100,000

    • 4 Beds
    • 2.5 Baths
    • 4,748 Sq Ft

    19 Salt Spray Ln, Cape Elizabeth, ME 04107

    Perched on an elevated lot overlooking Broad Cove, this spacious and sun-filled home captures remarkable Atlantic Ocean views from nearly every room! A thoughtful layout and generously sized spaces accent the coastal lifestyle; doors open to upper and lower porches, deck and patios - blending indoor and outdoor living while framing expansive ocean vistas. This gorgeous 4 bedroom home also boasts

    Alexa Oestreicher Legacy Properties Sotheby's International Realty

    19 Salt Spray Ln, Cape Elizabeth, ME 04107
  • /41

    $3,195,000

    • 4 Beds
    • 4.5 Baths
    • 2,600 Sq Ft

    12 Salt Spray Ln, Cape Elizabeth, ME 04107

    Set on the edge of Broad Cove with 100 feet of ocean frontage, this newly remodeled home delivers coastal living with clean, modern updates. Every room pulls the ocean in, framing the water views through expansive windows, its steady presence a quiet backdrop to daily life.The home's elegant renovation captures the essence of coastal living—light oak floors, a custom kitchen with stone

    James McFarlane Portside Real Estate Group

    12 Salt Spray Ln, Cape Elizabeth, ME 04107
  • /48

    $1,945,000

    • 4 Beds
    • 4 Baths
    • 4,736 Sq Ft

    1275 Sawyer Rd, Cape Elizabeth, ME 04107

    Set high above the Spurwink River, this classic Colonial offers an unexpectedly dramatic tidal river experience that must be seen in person to fully appreciate. From the exterior, the home presents as a timeless New England property with a welcoming farmer's porch and traditional form. Inside, the residence has been thoughtfully transformed with a light-filled aesthetic inspired by clean

    David Banks RE/MAX By The Bay

    1275 Sawyer Rd, Cape Elizabeth, ME 04107
  • /42

    $3,495,000

    • 3 Beds
    • 2 Baths
    • 2,148 Sq Ft

    2 Drew Rd, South Portland, ME 04106

    Perched like the prow of a ship with panoramic waterfront vistas, 2 Drew Road presents incomparable seaside living. This unique home is sited on a promontory along the coast with premier views over Maine's iconic lighthouses, Fort Gorges, and the bustling shipping channel. A natural wooded buffer ensures an uncommon level of privacy, allowing the beauty of the ocean to take center stage. Multiple

    David Banks RE/MAX By The Bay

    2 Drew Rd, South Portland, ME 04106
  • /42

    $999,000

    • 3 Beds
    • 3 Baths
    • 2,640 Sq Ft

    6 Dipper Rd Unit 27, Cape Elizabeth, ME 04107

    Eastman Meadow offers a simplified, one-level living in a carefree community. Abutting over 200 acres of conservation land with walking trails. This unit with lots of options, includes a finished, walk-out, daylight basement with family room, additional bedroom and bath. Custom kitchen with island, pantry, granite countertops. Hardwood floors, custom built-ins, sunroom. Has an office, which was

    Bruce Balfour Better Homes and Gardens Real Estate/The Masiello Group

    6 Dipper Rd Unit 27, Cape Elizabeth, ME 04107
  • /33

    $799,900 Open Fri 10AM - 12:30PM

    • 3 Beds
    • 3.5 Baths
    • 2,077 Sq Ft

    39 Wildwood Dr, Cape Elizabeth, ME 04107

    Located in the highly desirable Wildwood community of Cape Elizabeth, this spacious three-bedroom condominium offers an ideal blend of comfort and convenience. The first floor features a rare primary bedroom suite with a full bath, while the second level provides two additional bedrooms and two more full baths, creating exceptional flexibility for guests or multi-generational living. The updated

    Jim Walsh Benchmark Real Estate

    39 Wildwood Dr, Cape Elizabeth, ME 04107
  • /2

    $400,000

    • Land
    • 0.65 Acre
    • $615,385 per Acre

    510 Spurwink Ave, Cape Elizabeth, ME 04107

    An extraordinary opportunity to craft a bespoke coastal residence in the heart of coveted Cape Elizabeth. Set on 0.65 private acres, this exceptional parcel offers seclusion and immersive natural beauty. The property directly abuts Runaway Farm, a cherished conservation property stewarded by the Cape Elizabeth Land Trust, placing miles of picturesque walking trails through rolling fields and

    Dawn Marston RE/MAX Shoreline

    510 Spurwink Ave, Cape Elizabeth, ME 04107
  • /50

    $750,000

    • 2 Beds
    • 1.5 Baths
    • 1,437 Sq Ft

    52 Two Lights Rd, Cape Elizabeth, ME 04107

    Charming home with history, character, and incredible potential in desirable Cape Elizabeth. The town lists the property as a 2BR, but the home features three upstairs rooms currently used as bedrooms, plus a first-floor bonus room, half bath, and laundry. Enjoy a three-season porch overlooking the fields, along with a private backyard bordering the Greenbelt Trail. An attached barn/workshop and

    Christopher Foster Keller Williams Realty

    52 Two Lights Rd, Cape Elizabeth, ME 04107
  • /44

    $1,250,000

    • 4 Beds
    • 3 Baths
    • 3,866 Sq Ft

    10 Pheasant Hill Rd, Cape Elizabeth, ME 04107

    First Time Offered - Desirable Cape Elizabeth Location Beautiful, expanded center-chimney Cape designed by the well-known Boston architectural firm Royal Barry Wills Associates offers convenient one-level living on a quiet cul-de-sac in one of Cape Elizabeth's most desirable neighborhoods. This spacious home features 3-5 bedrooms, 3 full baths, two fireplaces, hardwood floors, and an attached

    Renee Roy Better Homes & Gardens Real Estate/The Masiello Group

    10 Pheasant Hill Rd, Cape Elizabeth, ME 04107
  • /2

    $995,000 Coming Soon

    • 4 Beds
    • 2.5 Baths
    • 2,453 Sq Ft

    2 Franklin Cir, Cape Elizabeth, ME 04107

    Perfectly positioned on a landscaped corner lot in Cape Elizabeth's sought-after Cottage Brook neighborhood, this home boasts timeless appeal and thoughtful updates. A welcoming wrap-around porch--complete with a porch swing--invites you to relax and enjoy the setting. Inside, the open first floor is filled with natural light and gleaming hardwood floors, creating an easy flow for daily living

    Heather Shields Legacy Properties Sotheby's International Realty

    2 Franklin Cir, Cape Elizabeth, ME 04107
  • /2

    $755,000

    • 3 Beds
    • 2 Baths
    • 3,364 Sq Ft

    90 Ocean House Rd, Cape Elizabeth, ME 04107

    Exceptional Cape Elizabeth, Maine location. Highly coveted neighborhoods with some of the best schools and beaches in Maine. This secluded, quiet 3-bedroom, 2-bath home with excellent natural light offers a large backyard (a half-acre plot!), a two-car garage, a private pool, and a spacious deck for hosting and relaxing. The property provides ample acreage for an oasis of gardens and nature.

    Katie Hatch RE/MAX Shoreline

    90 Ocean House Rd, Cape Elizabeth, ME 04107
  • /55

    $1,225,000

    • 3 Beds
    • 2 Baths
    • 3,161 Sq Ft

    144 Two Lights Rd, Cape Elizabeth, ME 04107

    In 2020, a new garage was added as well as a second floor including a primary bedroom and bathroom, and a walk-in closet. This thoughtfully designed home offers modern comfort in a highly desirable Cape Elizabeth location. Abutting conservation land and minutes from Two Lights State Park, the property provides a peaceful backyard setting with a hot tub, cascading water feature, and wooded

    Paula Christensen The Maine Real Estate Experience

    144 Two Lights Rd, Cape Elizabeth, ME 04107
  • /10

    $3,400,000

    • Land
    • 14.25 Acres
    • $238,596 per Acre

    00000 Shore Rd, Cape Eliz, ME 04107

    This 14.25-acre parcel on Shore Road in Cape Elizabeth is indeed a rare and remarkable opportunity that is now on the market for the first time in over 120 years. Located directly across from the beach, Fort Williams Park, and the iconic Portland Head Light, this property offers prime access to scenic beauty and proximity to Portland's amenities — including just a 20-minute drive to the Portland

    Andrew Carr Better Homes and Gardens Real Estate/The Masiello Group

    00000 Shore Rd, Cape Eliz, ME 04107
  • /15

    $4,000,000

    • 3 Beds
    • 2.5 Baths
    • 3,624 Sq Ft

    10 Sunny Bank Rd, Cape Elizabeth, ME 04107

    Welcome to 10 Sunny Bank Road in beautiful Cape Elizabeth -- a rare opportunity to own a home with bold, sweeping ocean views in one of Maine's most coveted coastal communities.Perched to capture the dramatic beauty of the Atlantic, this exceptional property offers panoramic vistas that stretch across the sparkling water, where sunrises paint the sky and sea in brilliant color. Expansive

    Samuel Michaud Legacy Properties Sotheby's International Realty

    10 Sunny Bank Rd, Cape Elizabeth, ME 04107

Why Live in Cape Elizabeth

Cape Elizabeth is a coastal Maine town 7 miles southeast of Portland, with a rocky shoreline, iconic lighthouses and highly rated schools. Because of the dramatic coastal views and the top-notch school system, it costs more to live here than in surrounding towns. Inland cottages, condos and Cape Cods sell from the lower $300,000s to the lower $600,000s, and most properties sell from the mid-$600,000s to $2 million. Luxurious beachfront estates can fetch $2.5 million to $7 million. The Cape Elizabeth Public Schools district receives high ratings, and the middle school is scheduled for an upgrade that is expected to be completed by 2028. Outdoor activities, especially running, are popular; the town maintains a trail system for runners and cyclists. Scenic parks include Crescent Beach State Park, Fort Williams Park and Two Lights State Park. The coastline is rockier here than in some nearby towns, but Crescent Beach has a sandy stretch of shoreline. Restaurants like The Lobster Shack and Sea Glass keep the coastal vibes humming. This is a car-dependent area, and it takes about 10 minutes to drive to South Portland and 20 minutes to get to Portland, where you'll find job opportunities, restaurants and nightlife in the Old Port. The Maine Mall in South Portland offers retail therapy, but groceries are available in town at Pond Cove IGA.

Frequently Asked Questions

What is the average home price in Cape Elizabeth, ME?
Homes for sale in Cape Elizabeth, ME have an average home price of $1,309,013.
How many homes have sold over the last 12 months in Cape Elizabeth, ME?
138 homes have sold in Cape Elizabeth, ME over the last 12 months.
What are the most popular zip codes in Cape Elizabeth, ME?
The most popular zip codes in Cape Elizabeth, ME include 04107, 04074, 04106, 04102 and 04101.
How much do you need to make to afford a house in Cape Elizabeth?
The median home price in Cape Elizabeth is $927,500. If you put a 20% down payment of $185,500 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $4,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $198K a year to afford the median home price in Cape Elizabeth. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Cape Elizabeth, ME?
Cape Elizabeth, ME has highly rated public and private schools. Some of the best schools in Cape Elizabeth based on Niche Grades are Waynflete School, Cape Elizabeth High School and Cape Elizabeth Middle School. Browse all the schools in Cape Elizabeth, ME to learn more.

Home Trends in Cape Elizabeth, ME

Housing Trends

Median Sale Price
$915,495
Median Single Family Sale Price
$1,051,000
Median 2 Bedroom Sale Price
$617,500
Average Price Per Sq Ft
$474
Number of Homes for Sale
12
Last 12 months Home Sales
138
Months of Supply
1.00
Median List Price
$927,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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