$6,995,000
$2M PRICE DROP

11 Cragmere Way Cape Neddick, ME 03902

Ogunquit Neighborhood

Estimated payment $41,766/month

Total Views 28,904
4 Beds
4.5 Baths
6,054 Sq Ft
$1,155 Price per Sq Ft

Highlights

  • Spa
  • Waterfront
  • Contemporary Architecture
  • Coastal Ridge Elementary School Rated A-
  • 1.08 Acre Lot
  • Cathedral Ceiling

About This Home

This remarkable modern home is an architectural gem set on the rugged coast of Maine offering breathtaking ocean views. Set on a sprawling one-acre oceanfront property, the home boasts floor-to-ceiling windows that capture the mesmerizing ocean vistas, with a spacious deck that extends over the water. Upon entering the open living space, guests are greeted by a captivating ocean view from the living room, complete with a striking mid-century modern fireplace and sliding doors that open onto the deck. The heated infinity-edge pool beckons for relaxation and outdoor dining with friends and family. The gourmet kitchen is a chef's delight, featuring top-of-the-line appliances, rift-sawn oak cabinetry, and a stunning massive island with Zebrano wood veneer. An adjoining spacious dining area and a ''winter'' living room surround a floating library, defining the elegant spaces within the home. The two primary suites on the first level are characterized by massive interior sliding doors that seamlessly open or enclose the rooms. One of the suites boasts a fireplace and offers access to the ocean-side deck, pool, and spa. Ascending the handcrafted maple circular stairway, a lovely sitting room provides access to a private deck overlooking the picturesque seaside gardens. The second level features light-filled rooms perfect for various uses. This splendid residence is constructed with a sturdy masonry and steel structure.

Listing Agent

Anne Erwin Real Estate

Anne Erwin Sothebys International Rlty License #DB901450

Anne Erwin Sothebys International Rlty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 1.08 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Level Lot
  • Irrigation Equipment
  • Property is zoned R2 & Limited Res

Parking

  • 3 Car Direct Access Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6,054 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Woodwork
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Natural Light
  • Window Screens
  • Living Room
  • Dining Area
  • Den
  • Home Gym
  • Basement
  • Interior Basement Entry
  • No Access to Attic
  • Home Security System

Kitchen

  • Walk-In Pantry
  • Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Water Access
  • Nearby Water Access
  • Property is near an ocean
  • Balcony
  • Outdoor Storage

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Radiant Heating System
  • Power Generator
  • Private Water Source
  • Drilled Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Standby Generator
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 5

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Directions: GPS compatible. Follow to the end of Cragmere Way.
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 2007
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Contemporary, Modern Architecture
  • ResoLotFeatures: Landscaped, Level, Open Lot, Waterfront, Near Country Club
  • Road Frontage Type: Dead End, Dirt, Gravel, Private Road, Easement
  • PropertySubType: Single Family Residence
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 6054.0
  • Reso Interior Features: Cathedral Ceiling(s), Dining Area, Fireplace - Gas, Fireplaces - 3+, Hot Tub, Kitchen Island, Master BR w/ BA, Natural Light, Natural Woodwork, Skylight, Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Pantry, Wet Bar, Laundry - 1st Floor, Attic - No Access
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Yes
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • Room_1_Type: Living Room
  • Room_10_Type: Bedroom
  • Room_2_Type: Kitchen
  • Room_4_Type: Office/Study
  • Room_5_Type: Primary BR Suite
  • Room_6_Type: Bedroom
  • Room_7_Type: Bedroom
  • Room_8_Type: Bedroom
  • Room_9_Type: Exercise Room
  • SqFt_Apx_Total_Finished: 6054
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • Water_Body_Access: Yes
  • Water_Body_Type: Ocean
  • Water_Access_Details: Directly Adjoining
  • SqFt_Apx_Total: 6054
  • Basement_Access_Type: Interior
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven - Wall, Gas Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Basement: Crawl Space, Unfinished
  • Other Equipment: Irrigation Equipment, Security System, Generator - Standby
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Driveway: Other
  • Exterior Features: Balcony, Deck, Hot Tub, Pool - Above Ground, Storage, Window Screens
  • Roof: Membrane, Metal
  • Water Body Name: Atlantic Ocean
  • Construction Type: Wood Frame, Wood Siding
  • Waterfront: Yes
  • Foundation Details: Pillar/Post/Pier, Poured Concrete

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Auto Open, Direct Access, Garage, On Site, Paved, Attached

Utilities

  • Electric: Circuit Breakers, Generator
  • Sewer: On-Site Septic Exists, Private Sewer
  • Heating: Propane, Electric, Heat Pump, Zoned, Radiant
  • Cooling: Mini Split
  • Utilities: Other
  • Water Source: Drilled Well, Private

Lot Info

  • Surveyed: Yes
  • Zoning: R2 & Limited Res
  • Lot Size Acres: 1.08
  • Lot Size Sq Ft: 47045.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3581508.0
  • Tax Block: -
  • Tax Lot: 12
  • Tax Map Number: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $35,815 $4,263,700 $2,037,200 $2,226,500
2023 $36,028 $4,263,700 $2,037,200 $2,226,500
2022 $35,259 $4,123,900 $2,037,200 $2,086,700
2021 $34,408 $3,458,100 $1,723,800 $1,734,300
2020 $32,596 $2,936,600 $1,504,400 $1,432,200
2019 $32,604 $2,924,100 $1,504,400 $1,419,700
2018 $15,782 $2,762,600 $1,343,300 $1,419,300
2017 $30,445 $2,780,400 $1,372,500 $1,407,900
2016 $30,273 $2,715,100 $1,372,500 $1,342,600
2015 $29,224 $2,656,700 $1,314,100 $1,342,600
2014 $28,427 $2,656,700 $1,314,100 $1,342,600
2013 $27,859 $2,671,000 $1,314,100 $1,356,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2025 04/20/25 For Sale $6,995,000 0.0% $1,155 / Sq Ft
04/17/2025 04/17/25 Off Market $6,995,000 -- --
10/03/2024 10/03/24 Price Changed $6,995,000 -12.5% $1,155 / Sq Ft
06/18/2024 06/18/24 Price Changed $7,995,000 -15.4% $1,321 / Sq Ft
06/06/2024 06/06/24 For Sale $9,450,000 -- $1,561 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,970,000 Stand Alone Refi Refinance Of Original Loan
Closed $2,000,000 Unknown
Closed $1,500,000 Credit Line Revolving
Closed $1,000,000 Unknown
Source: Public Records

Similar Home in Cape Neddick, ME

  • 11 Cragmere Way, Cape Neddick, ME 03902

    $6,995,000

    • 4 Beds
    • 4.5 Baths
    • 6,054 Sq Ft
    • 11 Cragmere Way
    • Cape Neddick, ME

    This remarkable modern home is an architectural gem set on the rugged coast of Maine offering breathtaking ocean views. Set on a sprawling one-acre oceanfront property, this sophisticated residence spans 6,000 square feet across multiple levels. The home boasts floor-to-ceiling windows that capture the mesmerizing ocean vistas, with a spacious deck that extends over the water, providing the

    Anne Erwin Real Estate Anne Erwin Sotheby's International Realty

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See All Homes in Cape Neddick

Source: PrimeMLS

MLS Number: 4999333

PrimeMLS

APN: YORK-000005-000000-000012

Maine York County Cape Neddick 03902 Ogunquit

11 Cragmere Way, Cape Neddick, ME

Homes for Sale in Cape Neddick, ME

This home is located at 11 Cragmere Way, Cape Neddick, ME 03902 and is currently priced at $6,995,000, approximately $1,155 per square foot. This property was built in 2007. 11 Cragmere Way is a home located in York County with nearby schools including Coastal Ridge Elementary School, Village Elementary School, and York Middle School.

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Anne Erwin Real Estate
Listing Agent
Anne Erwin Real Estate
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Anne Erwin Sothebys International Rlty
(207) 600-1758