NOT LISTED FOR SALE

14 Wallace Cove Rd Lubec, ME 04652

Estimated Value: $468,000 - $972,138

4 Beds
3.5 Baths
2,258 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $946,500 $419 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,923/month

195 Days on Market

Highlights

  • 890 Feet of Waterfront
  • Public Beach
  • Deck
  • Beach Access
  • Spa
  • Vaulted Ceiling

About This Home

As of November 2024

Welcome to a dream lifestyle at 14 Wallace Cove! Nestled at the end of a serene dead-end road, this modern, detached oasis offers 2,258 square feet of living space designed to celebrate the stunning oceanfront views of Baileys Mistake and Honey Pot Cove. With 890' of ocean frontage, this home not only promises a life of tranquility and beauty but also a direct connection to nature.
This beautifully renovated property boasts an intuitive reverse living floor plan, ensuring the most is made of the spectacular views. The first floor accommodates three generously sized bedrooms, a cozy living room, and two bathrooms, all designed for comfort and ease. Ascend to the second floor, and you're greeted by an expansive, open-concept living room, dining area, and kitchen, complete with a primary bedroom suite, guest bath, and large windows and glass doors in every room that showcase the breathtaking coastal vista. Living is easy here with nearly every room offering access to the large decks for an immersive outdoor experience. The property comes fully furnished, featuring a 7-person hot tub, on-demand generator, and renovations including new siding, updated windows, Anderson French Doors, electrical work, plumbing, appliances, and lighting completed in 2019/2020. Updated furnace and electric fire place added in 2023.
Situated just 10 miles from several conservation lands, hiking trails, and the iconic West Quoddy Head Lighthouse, and within proximity to the quaint village of Lubec, this property is not just a home but a lifestyle. Embrace the opportunity to kayak from your own yard, walk the beach for seaglass, and explore the natural beauty that surrounds you. This is not just a home - it's a lifestyle!

Last Agent to Sell the Property

Shayna Smart

Bold Coast Properties Listed on: 03/25/2024

Last Buyer's Agent

Daniel Castle Courtney Castle

NextHome Discover

NextHome Discover

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,949

Year Built

  • Built in 2001

Lot Details

  • 2.69 Acre Lot
  • 890 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Open Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,258 Sq Ft Home
  • Multi-Level Property
  • Furnished
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Storm Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Soaking Tub and Separate Shower in Primary Bathroom
  • Secondary Bathroom Jetted Tub
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Spa
  • Beach Access
  • Access to Tidal Water
  • Deep Water Access
  • Property Near A Cove
  • Balcony
  • Deck
  • Shed

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 017-004
  • Assessor Parcel Number LUBE-000001-000000-000017-000004

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,949

Year Built

Built in 2001

Lot Details

2.69 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.69
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Bailey's Mistake & Honey Pot Cove
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2258.0
  • Architectural Style: Multi-Level, Other Style, Split Entry
  • Garage Yn: No
  • Efficiency: Storm Windows, Double Pane Windows
  • Year Built: 2001
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 442.43
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.69
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2258.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 890.0
  • Water Info:Water Frontage Owned -: 890.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:Furniture Included: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Dining Room Amenities:Vaulted Ceiling8: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Roof:Fiberglass: Yes
  • Recreational Water:Beach Rights: Yes
  • Amenities:Hot Tub: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Kitchen Amenities:Vaulted Ceiling12: Yes
  • Living Room Amenities:Informal2: Yes
  • Primary Bedroom Amenities:Vaulted Ceiling15: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Style:Split Entry: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Room Features:Jetted Tub17: Yes
  • Dining Room Amenities:Formal: Yes
  • Bedroom Amenities 3:Double Vanities3: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Living Room Amenities:Formal2: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Welcome to a dream lifestyle at 14 Wallace Cove! Nestled at the end of a serene dead-end road, this modern, detached oasis offers 2,258 square feet of living space designed to celebrate the stunning oceanfront views of Baileys Mistake and Honey Pot Cove. With 890' of ocean frontage, this home not only promises a life of tranquility and beauty but also a direct connection to nature. This beautifully renovated property boasts an intuitive reverse living floor plan, ensuring the most is made of the spectacular views. The first floor accommodates three generously sized bedrooms, a cozy living room, and two bathrooms, all designed for comfort and ease. Ascend to the second floor, and you're greeted by an expansive, open-concept living room, dining area, and kitchen, complete with a primary bedroom suite, guest bath, and large windows and glass doors in every room that showcase the breathtaking coastal vista. Living is easy here with nearly every room offering access to the large decks for an immersive outdoor experience. The property comes fully furnished, featuring a 7-person hot tub, on-demand generator, and renovations including new siding, updated windows, Anderson French Doors, electrical work, plumbing, appliances, and lighting completed in 2019/2020. Updated furnace and electric fire place added in 2023. Situated just 10 miles from several conservation lands, hiking trails, and the iconic West Quoddy Head Lighthouse, and within proximity to the quaint village of Lubec, this property is not just a home but a lifestyle. Embrace the opportunity to kayak from your own yard, walk the beach for seaglass, and explore the natural beauty that surrounds you.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Right of Way, Near Public Beach, Rural, Subdivided
  • View: Scenic
  • Waterfront Features: Cove, Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 85/MSAD 19

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 117176.4
  • Parcel #: LUBE-000001-000000-000017-000004
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 8949.0
  • Tax Lot: 017-004
  • Tax Year: 223

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Nov 14, 2024
Sold by
Daley Daniel J
Bought by
Costa Marc L
Seller's Agent
Shayna Smart
Bold Coast Properties
Buyer's Agent
Daniel Castle Courtney Castle
NextHome Discover
List Price
$1,200,000
Sold Price
$946,500
Premium/Discount to List
-$253,500
-21.12%
Views
410
Current Estimated Value
$805,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,465
Avg. Annual Appreciation
-12.15%
Original Mortgage
$851,850
Outstanding Balance
$843,370
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$38,335

Purchase Details

Closed on
Oct 22, 2021
Sold by
Daley Krista L
Bought by
Daley Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 15, 2019
Closed on
Sep 30, 2019
Sold by
Vanthiel Michael D and Cronin John P
Bought by
Daley Krista L and Daley Daniel J
Seller's Agent
Stacy White
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Debra Holmes
United Country Lifestyle Properties of Maine
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$280,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Vanthiel David H
Bought by
Olaughlin Barbara E and Olaughlin Thomas N
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Costa Marc L $946,500 None Available
Costa Marc L $946,500 None Available
Daley Daniel J -- None Available
Daley Daniel J -- None Available
Daley Krista L -- --
Olaughlin Barbara E -- --
Olaughlin Barbara E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Marc L $851,850
Closed Costa Marc L $851,850
Previous Owner Daley Daniel J $276,000
Previous Owner Daley Krista L $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2024 11/14/24 Sold $946,500 -5.3% $419 / Sq Ft
07/24/2024 07/24/24 Price Changed $999,000 -13.1% $442 / Sq Ft
06/05/2024 06/05/24 Price Changed $1,150,000 -4.2% $509 / Sq Ft
03/25/2024 03/25/24 For Sale $1,200,000 +228.8% $531 / Sq Ft
09/30/2019 09/30/19 Sold $365,000 -14.1% $147 / Sq Ft View Prior Sale
08/08/2019 08/08/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $425,000 -- $172 / Sq Ft
Source: Maine Listings

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 $9,308 $489,900 $203,100 $286,800
2023 $7,544 $489,872 $203,066 $286,806
2022 $5,627 $232,423 $116,085 $116,338
2021 $5,276 $232,423 $116,085 $116,338
2020 $5,283 $232,423 $116,085 $116,338
2019 $5,369 $232,423 $116,085 $116,338
2018 $6,818 $297,863 $116,085 $181,778
2017 $7,104 $297,863 $116,085 $181,778
2016 $9,044 $391,496 $145,085 $246,411
2014 $8,127 $391,496 $145,085 $246,411
2013 $7,634 $391,496 $145,085 $246,411
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1584889

Maine Listings

APN: LUBE-000001-000000-000017-000004

Your Personal Tour Guide

Ask me questions while you tour the home.