$1,146,718Average Value$476Average Price per Sq Ft29Homes For Sale
Coastal charm and top-notch schools are top draws in Cape Elizabeth
The jagged shoreline brings coastal charm to Cape Elizabeth, a southern Maine town 7 miles southeast of Portland. You’ll be close enough to the city for an easy commute to its jobs, restaurants and nightlife, but away from the gridlocked summer traffic on Route 1. While the location is undoubtedly convenient, it’s only one in a list of reasons why people choose to call Cape Elizabeth home. Dramatic ocean views, state parks and three iconic Casco Bay lighthouses make the town a popular place to retire, but highly rated schools are the top draw for families.
Cape Elizabeth’s rugged coastline features rocky cliffs and sweeping Atlantic views.
Pond Cove Elementary School is part of the highly rated Cape Elizabeth Public Schools.
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Coastal scenery and great schools keep home prices up
It costs top dollar to live on Maine’s southern coast, and Cape Elizabeth is even pricier than the surrounding towns. Coastal scenery is its most alluring aspect, but the school district, which Niche ranks as the No. 1 district in the state, drives home prices up even higher. “If you wanted to describe Cape Elizabeth, it would be a really great residential area on the higher end,” says Martha Hiat, an associate broker with eXp Realty – Brett Davis Office who’s lived in the area since 1989. “People who are moving to Maine to work in Portland love it there.”
The housing market in Cape Elizabeth
The median home sale price of $925,000 is much higher than Portland’s median and slightly above the median for nearby towns like Scarborough. Some inland condos, cottages and Cape Cod homes sell from the lower $300,000s to the lower $600,000s, but most places fetch prices from the mid-$600,000s to around $2 million. Oceanview estates with luxury amenities like beach frontage and in-ground pools go for $2.5 million to $7 million. Properties typically sell after about 26 days on the market, faster than the national average of 54 days. While residents of some nearby towns live in the area seasonally and use their homes as short-term rental properties, the practice isn’t as common here.
Waterfront homes in Cape Elizabeth often feature ocean views and direct coastal access.
Homes in Cape Elizabeth often feature coastal views along Maine’s southern shoreline.
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New developments are underway at Cape Elizabeth Public Schools
Kids may attend schools in the highly rated Cape Elizabeth Public Schools district. “The Cape Elizabeth schools are awesome and highly regarded,” says Hiat. In early 2026, the town approved a proposal for a new middle school, along with improvements to Pond Cove Elementary and Cape Elizabeth High School. The middle school is projected to be ready for the 2028 school year.
Pond Cove Elementary School sits near Cape Elizabeth’s town center and local amenities.
Cape Elizabeth Middle School serves students in a district ranked among Maine’s top schools.
Cape Elizabeth High School is part of Maine’s top-ranked public school district.
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Running trails and scenic parks anchor outdoor life
Marathoner and Olympic gold medalist Joan Benoit Samuelson was born in Cape Elizabeth, and running culture permeates the town. The athlete founded the Beach to Beacon 10K Road Race in 1998 and is still a central figure at the event, held on the first Saturday of every August. The Cape Elizabeth Land Trust maintains trail systems throughout the area, giving runners and cyclists access to saltwater marshes, dense forests, ocean lookouts and open fields.
The town features several scenic parks, including:
Crescent Beach State Park, which has a mile-long beach, a playground and picnic areas
Fort Williams Park, where you can hike, fly a kite and enjoy views of Portland Head Light
Two Lights State Park, offering more than 40 acres with rocky coastline, fishing spots and picnic tables
Aside from Crescent Beach, you won’t find as much sandy shoreline here as in Scarborough and Old Orchard Beach. “It’s not beachy, it’s cliffy,” Hiat says. “It doesn’t have a beach culture; it’s more like a coastal rocky place.”
Visitors gather at Crescent Beach State Park for its sandy shoreline and ocean scenery.
Two Lights State Park includes remnants of a World War II seacoast battery bunker.
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Commuters to Portland have a 20-minute drive
Public transit options are extremely limited, so you’ll need a car if you live here. The commute to Portland takes about 20 minutes, and it’s a 10-minute drive to South Portland, which has a working waterfront, an oil port and a commercial corridor that’s home to Maine’s largest mall. “Cape Elizabeth and South Portland are like sister towns, with prices slightly higher in Cape Elizabeth,” Hiat says.
Where to go for groceries, fine dining and nights on the town
You can buy groceries at the Pond Cove IGA supermarket, which is in the town center near the schools and a couple of local cafes. There are several other restaurants peppered throughout town, such as:
The Lobster Shack at Two Lights, a seasonal seafood joint overlooking the Atlantic
The Well at Jordan’s Farm, serving field-to-fork cuisine in a bucolic setting
Sea Glass, an upscale New American restaurant at the Inn by the Sea luxury resort
The Good Table, open seasonally for creative brunch dishes and authentic Italian fare
It’s a 15-minute drive to the boutiques, bars and cobblestone streets in Portland’s Old Port district. The Maine Mall in South Portland is surrounded by chain restaurants, fast-food joints and smaller shopping centers, all about 20 minutes away.
Written By
Adrienne Ryan
Photography Contributed By
Jason Veilleux
Video By
Victoria York
Interested in learning more about homes in this area?
Reach out to
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GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Cape Elizabeth, ME sell after 32 days on the market compared to the national average of 56 days. The median sale price for homes in Cape Elizabeth, ME over the last 12 months is $880,350, down 1% from the median home sale price over the previous 12 months.
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 abutting the Greenbelt Trail. An attached barn/workshop and
Welcome to one of the most thoughtfully customized homes in the highly sought-after Maxwell Woods community. Only four years old, this exceptional residence offers over 3,000 square feet of luxurious living space, enhanced well beyond the builder's original specifications. A custom expanded floor plan includes a dedicated laundry room and additional finished walkout living space, creating a home
Nestled along Cape Elizabeth's coveted Shore Road, 1062 Shore Road is a truly exceptional residence where historic craftsmanship, timeless architecture, and coastal charm come together. Designed by renowned architect Royal Barry Wills, this distinctive three-bedroom home known as Ledgewold embodies the warmth, elegance, and enduring appeal for which his work is celebrated. Privately tucked within
Anne BosworthLegacy Properties Sotheby's International Realty
Nestled within Cape Elizabeth's desirable Cross Hill neighborhood, 19 Tiger Lily Lane is a remarkable estate property. Built by renowned Maine custom builder Russ Doucette, this exceptional residence showcases timeless craftsmanship, architectural elegance, and meticulous attention to detail throughout. Privately situated on 1.65 acres of beautifully landscaped grounds, the home offers
Anne BosworthLegacy Properties Sotheby's International Realty
A Luxury Residence inspired by Nature: Sited on 16.1 private acres in the heart of Cape Elizabeth, Great Woods Lodge at 3 Canter Lane offers a rare blend of seclusion and convenience. Bold architecture meets warm, livable elegance throughout. The home unfolds with a gourmet kitchen, refined library, living and sitting rooms, four bars, six bedrooms, two offices, a gym, sauna, steam room, and a
Alexa OestreicherLegacy Properties Sotheby's International Realty
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
Andrew CarrBetter Homes and Gardens Real Estate / The Masiello Group
A rare modern gem nestled in coastal Cape Elizabeth, set among tall pines on an expansive 2.8 acre lot in the Cranbrook neighborhood. This idyllic property is edged by Pond Cove Brook and a forested landscape with immediate access to the adjacent Robinson Woods. Significant upgrades have been made to this 4 bedroom 2.5 bath house with an emphasis on quality construction, high grade materials and
Shore Acres seaside neighborhood 3 bedroom 2 bath with open living area. Nice stone gas fireplace centered in livingroom . Second gas FP in lower familyroom. Granite contertops. Glassed in 4 season sunroom onlooking landscaped yard. Solar hot water / combo HW off furnace. Coastal Setting with nearby access to public beaches. Wrap around deck. Located just minutes from town center, state parks and
Bruce BalfourBetter Homes and Gardens Real Estate/The Masiello Group
Classic 1930s Gambrel charm meets modern updates at 75 Ocean House Road in Cape Elizabeth. Hardwood floors, a formal dining room with china closet, a fireplace-centered living room, and a sunroom highlight the home's character. The updated kitchen features granite countertops, soft-close drawers, and stainless-steel appliances. Outside, enjoy a shady backyard with a fire pit on a corner lot.
The smell of the ocean. The sound of a fog horn. Your toes in the sand at a private beach. Welcome home. Located in the highly desirable Birch Knolls neighborhood, this charming cottage sits serenely on a flat lot with access to private Casino Beach. Fort Williams, markets, and bakeries are just a short walk away. Inside, you will find spacious rooms flooded with light, a cozy, wood-burning
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 abutting the Greenbelt Trail. An attached barn/workshop and
Nestled in one of Cape Elizabeth's most desirable coastal neighborhoods, 1 Ledgewood Lane offers the perfect blend of comfort, convenience, and Maine coastal living. Set on a beautifully landscaped 0.47-acre lot with ocean access, this spacious five-bedroom, four-and-a-half-bath residence provides exceptional flexibility for everyday living and entertaining. The thoughtfully designed floor plan
Welcome to one of the most thoughtfully customized homes in the highly sought-after Maxwell Woods community. Only four years old, this exceptional residence offers over 3,000 square feet of luxurious living space, enhanced well beyond the builder's original specifications. A custom expanded floor plan includes a dedicated laundry room and additional finished walkout living space, creating a home
Cape Elizabeth - Sunny & spacious. 2 br .condo. One story living. Accommodates large furniture. Both bedrooms w/ walk-in closets. Vaulted ceilings, windows looking at nice Oak and pine groves. Hard wood floors, Privet patio. Minutes to the Ocean, Down Town Portland, the Maine Mall and I-95 All utilities, including air conditioning.
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
Property Id: 2744660 $2,900 / Month - Cape Elizabeth 2BR / 1BA Condo (1,100 SF) PM ME! Rental Requirements (Must Meet to Apply): Minimum credit score: 620+ Income requirement: 2.5x monthly rent or subject to financial approval Minimum 2 years of positive rental history No criminal history or bankruptcy Renter’s insurance required throughout tenancy Each
Legacy Properties Sotheby’s International Realty is pleased to present 876 Shore Road, a beautifully furnished waterfront rental in Cape Elizabeth with sweeping views of Casco Bay and Ram Island Ledge Light.Set along one of Cape Elizabeth’s most desirable coastal corridors, this inviting retreat offers a rare combination of privacy, comfort, and convenience. A private staircase
Experience the ultimate year-round coastal Maine lifestyle in this spacious 2,633-square-foot single-family home, perfectly situated in Cape Elizabeth. Offering 3 bedrooms, 2.5 bathrooms, and an attached 2-car garage with plenty of storage, this property delivers the perfect balance of comfort and utility for every season. The real magic, however, lies just outside your door: enjoy beach access
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