$1,127,050Average Value$489Average Price per Sq Ft10Homes For Sale
Cape Elizabeth exudes classic coastal Maine beauty
A handful of seasonal eateries and 12 miles of craggy Casco Bay shoreline dotted with historic lighthouses make Cape Elizabeth a quintessential Maine community less than 10 miles south of Portland. With more green space than anywhere else in Cumberland County, the town is home to several state parks, acres of conservation land and numerous public beaches. “Most coastal Maine towns are centered around boating, but that’s not what you’ll find in Cape Elizabeth,” says David Jones, owner-broker of F.O. Bailey Real Estate, who has sold several homes in town. “Going to the beach is probably the most popular waterside activity. You have state park access at Two Lights and public access at Cliff House Beach. There are just a ton of options.”
A picturesque home site in Cape Elizabeth Maine
A view of the shoreline with two light houses in Cape Elizabeth Maine
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Inland midcentury homes or sprawling estates and vintage cottages with Casco Bay views
Cape Elizabeth’s winding oceanside streets are brimming with rambling, five-bedroom Cape Cods and 1920s cottages featuring private rocky coastline access. These properties are at a higher risk of flooding, costing between $1 million and $3 million, a range higher than a Portland home’s average $600,000 selling price. With lush green quarter-to-one-acre lots, inland dwellings are typically from the midcentury. Homebuyers will find four-bedroom Colonial Revivals and ranch styles costing between $500,000 and $800,000. “This is one of Maine’s most elite coastal areas,” says Jones. “Homes sell fast, and I get a lot of cash offers, usually well above asking price.”
Waterfront homes in Cape Elizabeth.
Inland, split level homes are more common.
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Cape Elizabeth has walkable beaches, vast state parks and Greenbelt Trail hiking
A short walk along a sand dune-encompassed boardwalk leads to the waxing moon-shaped Crescent Beach State Park, where calm waters make swimming, canoeing and mackerel fishing easy. It’s also a popular spot for snowshoeing and cross-country skiing in the winter. The half-mile rocky terrain at Cliff House Beach can be accessed off Shoreline Road. Parking along the thoroughfare is restricted, so visitors must walk to the beach. Boat owners will find numerous town-operated moorings sprinkled along the coast, costing only $50 per year, regardless of location.
Situated on Fort Williams Park’s 90 acres, Portland Head Lighthouse has been active since 1776. While the tower is closed to visitors most of the year, a museum about its history is open year-round in the former keepers' quarters, and 300 people can climb to the top on Sept. 14th to celebrate Maine Open Lighthouse Day. Parkgoers can also explore former military batteries and swim or kayak from the public beach. Two Lights State Park is another green space in the area, offering views of its namesake lighthouses and the Portland Harbor from The Lobster Shack, a popular summer eatery since the 1920s. Hikers can trek through wetlands, fern groves and cedar trees on the town’s Greenbelt Trail network, stretching through conservation lands like Robinson Woods Preserve and Winnick Woods. Largemouth bass fishing at the Great Pond and hiking its 4-mile trail are also popular outdoor activities. “One of the town’s greatest winter pastimes is ice skating and playing hockey on the pond when it freezes,” says Jones.
Crescent Beach State Park offers a sandy beach, somewhat rare for Maine.
Residents can spend a day at the beach not far from home.
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The highly rated Cape Elizabeth School Department
Children here are part of the Cape Elizabeth School Department, where every school has an overall A grade from Niche. First, they can attend Pond Cove Elementary, then continue to Cape Elizabeth Middle. With several Blue Ribbon Awards, Cape Elizabeth High is where students can conclude their education. The school provides numerous college preparatory classes, ranging from space science to film and media studies.
Cape Elizabeth High School serves the community.
A beautiful wood crafted sign marks the entrance to the Pond Cove Elementary School.
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Cape Elizabeth has a seasonal ice cream stand and a locally owned sandwich shop
Cape Elizabeth doesn’t have a designated downtown district. However, it is sprinkled with numerous locally owned eateries. From Argentinian arepas to Columbian chicharrónes, Tostones Café on Ocean House Road offers an array of Latina food inside a swanky storefront. Locals can pick up a freshly made sandwich or smoothie at C-Salt Gourmet Market for an oceanside picnic. Then, they can end a beach day at Red’s Dairy Freeze, a walk-up, summer-only spot known for soft-serve ice cream since 1952. Locally sourced groceries can be found at Rosemont Market & Bakery on Shore Road, and a more comprehensive selection is available at Hannaford and Shaw’s less than 1 mile north.
Cape Elizabeth is convenient for beachgoers and several other types of travelers
While Cape Elizabeth’s occasional sidewalk-lined street makes it easy to walk to beaches, the town is convenient for several types of travel. Maine Route 77 spans its core, and a 9-mile drive north on the highway leads to Portland, where residents will find the Casco Bay Lines Ferry Terminal. Several South Portland City Bus Service stops sprinkle the area, and it is 12 miles south of the Portland International Jetport.
Aerial view of the rugged shoreline in Cape Elizabeth Maine
The Goddard Mansion located at Fort Williams Park in Cape Elizabeth Maine
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Photography Contributed By
Jason Veilleux
Video By
Antoine Allen
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On average, homes in Cape Elizabeth, ME sell after 24 days on the market compared to the national average of 54 days. The median sale price for homes in Cape Elizabeth, ME over the last 12 months is $945,000, up 8% from the median home sale price over the previous 12 months.
Rebuilt from the foundation up in 2020, 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 privacy.The daylight, walk-out lower level offers excellent space for casual living,
This exceptional condo offers an unbeatable blend of location, comfort, and style - perfect for your next home. Location: With deeded beach rights to Casino Beach, enjoy a private path leading straight to the water, ideal for morning coffee or a relaxing evening by the shore. Take your dog for a scenic walk to Fort Williams Park and the iconic Portland Head Light, just steps from your door.
Discover the charm of this lovingly maintained, one-owner, single-level home tucked away on a quiet cul-de-sac in a highly sought-after neighborhood. Featuring an open-concept layout, this home offers effortless flow for everyday living and entertaining. The beautifully finished lower level includes a spacious family room and bathroom—perfect for guests, hobbies, or additional living space.
Jeffrey WalkerSignature Homes Real Estate Group, LLC
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
Unparalleled grandeur and pristine craftsmanship define this waterfront estate in South Portland's coveted Loveitts Field neighborhood, magnificently positioned along the ship channel entrance to Portland Harbor. A soaring entryway reveals 10 foot ceilings and bold marble pillars that set the stage for elegant living. The bespoke kitchen showcases two islands, granite countertops, and
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
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 BalfourBetter Homes and Gardens Real Estate/The Masiello Group
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
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
Occupancy in Early 2026. We invite you to experience the showroom and tour the site to get a first hand look at the new Blue Meadow development in Cape Elizabeth. Blue Meadow Homes is a distinct collection of 18 luxury condominium residences, embodying a spirit of understated sophistication. These homes are seamlessly integrated into 11 acres of sun-filled landscape, embraced by surrounding
Beautiful expanded Center chimney Cape designed by well-known Boston firm of Royal Barry Wills Associates offers one level living on a cul-de-sac in a very desirable Cape Elizabeth location...1st time being offered for sale it boasts 3-5 bedrooms, 3 baths, 2 fireplaces, 2 car attached garage, hard wood floors, a partially finished daylight walkout basement. This lovely home majestically sits
Renee RoyBetter Homes & Gardens Real Estate/The Masiello Group
Stunning cottage style condominium homes with serene, thoughtfully curated & contemporary finishes, intentional lighting, private garage, and manicured surroundings. The Blue Meadow property offers access to preserved walking trails and bike paths, moments from Maine's best beaches, restaurants, and parks. Reservations being taken now for this gorgeous unit.
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.
Occupancy in Early 2026. We invite you to experience the showroom and tour the site to get a first hand look at the new Blue Meadow development in Cape Elizabeth. Blue Meadow Homes is a distinct collection of 18 luxury condominium residences, embodying a spirit of understated sophistication. These homes are seamlessly integrated into 11 acres of sun-filled landscape, embraced by surrounding
Rebuilt from the foundation up in 2020, 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 privacy.The daylight, walk-out lower level offers excellent space for casual living,
Discover that small town feel with big city opportunities you’ve always desired at Summit Terrace at Woodlands Apartments, all beautifully wrapped in lush nature and tree lined streets. Couple this idyllic backdrop with the endless conveniences our apartments near South Portland provide and you couldn’t have asked for a better place to call your own. And we couldn’t forget about the glue that
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