Estimated Value: $2,326,295
Welcome to 24 Folly Cove, a stunning contemporary farmhouse set on 2.7 acres of picturesque land with captivating westerly sunset views over Broad Cove. Built in 2017, this exquisite property blends modern luxury with classic charm. The thoughtfully designed landscape compliments the natural beauty of living on Princes Point, creating a harmonious connection between the home and its environment. The open-concept 1st floor layout invites you into a bright and spacious living area with large windows that frame the scenic views. The interior boasts a perfect balance of contemporary design elements and traditional farmhouse features, creating a welcoming atmosphere that is both elegant and inviting. The heart of the home is a chef's kitchen with custom cabinetry, pantry and a center island that serves as a focal point for entertaining. The dining area provides a perfect setting for intimate dinners or larger gatherings with family and friends. The 2nd floor includes 4 bedrooms and a home office. The master suite offers a private retreat with its spa-like bathroom. The finished 3rd floor offers flexible space for a playroom, exercise space and built-in bunk-beds. As you approach the residence, you will love the eye-catching architecture of the contemporary barn built in 2022 by John Libby featuring 3 garage bays and a loft. This versatile space offers endless possibilities, from a workshop for the hobbyist to additional storage for outdoor equipment and vehicles. The outdoor living spaces are equally as impressive, with a carefully manicured lawn, a spacious deck for alfresco dining, and various sitting areas along the waterfront to maximize the captivating sunset views. Owners can apply for membership to join the Princes Point Association deep water dock located just down the street. Don't miss this opportunity for a waterfront property just 10 minutes from Yarmouth village!
Last Listed By
Legacy Properties Sotheby's International Realty Listed on: 11/22/2023
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Property Views
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Laundry
Eco-Friendly Details
Outdoor Features
Farming
Utilities
Community Details
Listing and Financial Details
$2,250,000
Just 20 minutes from Portland, 10 minutes from the heart of Yarmouth, and only 2 minutes to a convenient boat launch, this extraordinary home offers a rare combination of privacy, serenity, and proximity. Nestled on a commanding bluff with panoramic ocean views, and surrounded by 7 acres of unspoiled coastal landscape, the setting feels like a world apart—yet close to
Tom Landry Benchmark Real Estate
$1,700,000
Rare new construction in Yarmouth village, within walking distance of schools and downtown attractions. Excellent quality construction and materials. See attached spec sheet and allowances. Building plans attached. Minor changes may be made during construction process. Expected occupancy August. Ground breaking expected in February.
David Kitchen Better Homes & Gardens Real Estate/The Masiello Group
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shipp John C | $2,400,000 | None Available | |
| Shipp John C | $2,400,000 | None Available | |
| Olivares Eric C | -- | -- | |
| Olivares Eric C | -- | -- | |
| Olivares Eric C | -- | -- | |
| Olivares Eric C | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shipp John C | $1,680,000 | |
| Closed | Shipp John C | $1,680,000 | |
| Previous Owner | Olivares Ericchace | $500,000 | |
| Previous Owner | Olivares Eric C | $510,400 | |
| Previous Owner | Olivares Eric C | $782,750 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2024 01/31/24 | Sold | $2,400,000 | -4.0% | $740 / Sq Ft |
| 12/28/2023 12/28/23 | Pending | -- | -- | -- |
| 11/22/2023 11/22/23 | For Sale | $2,500,000 | +120.8% | $771 / Sq Ft |
| 11/09/2018 11/09/18 | Sold | $1,132,500 | -21.9% | $315 / Sq Ft |
| 09/20/2018 09/20/18 | Pending | -- | -- | -- |
| 06/21/2017 06/21/17 | For Sale | $1,450,000 | -- | $403 / Sq Ft |
| 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 | $23,758 | $925,500 | $297,200 | $628,300 |
| 2023 | $21,786 | $925,500 | $297,200 | $628,300 |
| 2022 | $20,009 | $925,500 | $297,200 | $628,300 |
| 2021 | $16,947 | $855,900 | $297,200 | $558,700 |
| 2020 | $16,776 | $855,900 | $297,200 | $558,700 |
| 2019 | $16,142 | $855,900 | $297,200 | $558,700 |
| 2018 | $15,005 | $843,000 | $297,200 | $545,800 |
| 2017 | $14,184 | $826,600 | $297,200 | $529,400 |
| 2016 | $8,380 | $491,200 | $297,200 | $194,000 |
| 2015 | $7,098 | $329,200 | $161,700 | $167,500 |
| 2014 | $7,111 | $329,200 | $161,700 | $167,500 |
| 2013 | $7,242 | $329,200 | $0 | $0 |
K
Seller's Agent in 2024
Kristina Keaney
Legacy Properties Sotheby's International Realty
(207) 756-0475
28 in this area
66 Total Sales
Buyer's Agent in 2024
Elias Leland
Coldwell Banker Realty
(207) 233-5774
1 in this area
86 Total Sales
Seller's Agent in 2018
Laurie Marcello
Bean Group
(207) 615-6787
1 in this area
84 Total Sales
C
Buyer's Agent in 2018
Chelsea Locke
RE/MAX
Source: Maine Listings
MLS Number: 1578029
APN: YMTH-000024-000000-000068
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