$3,350,000
PENDING $600K PRICE DROP

25 Ocean Ave Cape Elizabeth, ME 04107

Estimated payment $19,651/month

Total Views 13,036
5 Beds
6.5 Baths
6,024 Sq Ft
$556 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • In Ground Pool
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Deck

About This Home

Introducing 25 Ocean Avenue — an extraordinary coastal retreat set in the only neighborhood in Cape Elizabeth that borders a state park and a mile-long stretch of sandy beach, with deeded right-of-way access to Crescent Beach. Perched high above the shoreline, this remarkable home offers panoramic Atlantic Ocean views that span Crescent Beach, Kettle Cove, and Richmond Island—enjoyed from nearly every room. Here, you can take in both sunrise and sunset over the water, a rare gift of this elevated coastal perch.

Wake each morning to the sound of waves and endless ocean vistas, then step out for a walk along the beach or explore miles of nearby trails. Designed for both elegance and comfort, the 6,000+ sq ft residence features 5 bedrooms, 6.5 baths, a heated outdoor pool, and a stunning eat-in kitchen with an attached solarium framed by walls of glass and the boundless Atlantic horizon.

The first-floor primary suite includes a spa-like bath, walk-in closet, and private entrance—ideal for guests or multi-generational living—while the second-floor primary suite opens to a private balcony with sweeping 180 views. Additional highlights include a spacious bonus room over the garage, a basement with full bath and soundproofed studio, and a third-floor retreat perfect for a home office, yoga room, or observatory.

Boaters and water enthusiasts will appreciate the ability to place a mooring in Kettle Cove or directly off the beach. Set safely outside the flood zone with natural protection from storm surges, this is one of Cape Elizabeth's rarest lots—offering a once-in-a-generation opportunity to own a truly exceptional coastal property in an unmatched setting.

Listing Agent

John Hayes

Keller Williams Realty Listed on: 06/10/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,629

Year Built

  • Built in 1935

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Fenced
  • Landscaped
  • Corner Lot
  • Open Lot
  • Sloped Lot
  • Property is zoned RA

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Water Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

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

Finished Basement

  • Partial Basement
  • Interior Basement Entry
  • Natural lighting in basement

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Nearby Water Access
  • Mooring
  • Balcony
  • Deck
  • Patio
  • Enclosed Glass Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Property held in a trust
  • Tax Lot 32
  • Assessor Parcel Number CAPE-017032U

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,629

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: Atlantic Ocean
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 5384.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Year Built: 1935
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 5384.0
  • Property Information:SqFt Finished Below Grade: 640.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: 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
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Basement:Partial: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Skylight32: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Dining Room Amenities:Informal: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Recreational Water:Beach Rights: Yes
  • Amenities:Hot Tub: Yes
  • Appliances Included:Trash Compactor: Yes
  • Recreational Water:Boat Mooring: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Sunroom Amenities:Skylight8: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Family Room Amenities:Vaulted Ceiling10: Yes
  • Bedroom Amenities 5:Full Bath5: Yes
  • Family Room Amenities:Skylight18: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Bedroom Amenities 5 Walk-in Closet5: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Wall Oven, Trash Compactor, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Other Equipment: Generator
  • Has Basement: Interior, Bulkhead, Daylight, Finished, Partial
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 640.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Storage, Primary Bedroom w/Bath
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Corner Lot, Near Public Beach, Neighborhood
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Glass Enclosed, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Auto Door Opener, 5 - 10 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: CAPE-017032U
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 21629.0
  • Tax Book Number: 37282
  • Tax Lot: 32
  • Tax Map Number: U17
  • Tax Year: 2024

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 $21,629 $1,966,300 $1,132,200 $834,100
2023 $43,927 $1,966,300 $1,132,200 $834,100
2022 $20,454 $967,100 $407,100 $560,000
2021 $19,593 $967,100 $407,100 $560,000
2020 $19,265 $967,100 $407,100 $560,000
2019 $18,271 $928,400 $407,100 $521,300
2018 $16,203 $851,900 $407,100 $444,800
2017 $15,334 $851,900 $407,100 $444,800
2016 $14,942 $851,900 $407,100 $444,800
2015 $14,380 $851,900 $407,100 $444,800
2013 $13,869 $851,900 $407,100 $444,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Pending -- -- --
09/03/2025 09/03/25 Price Changed $3,350,000 -9.3% $556 / Sq Ft
08/13/2025 08/13/25 Price Changed $3,695,000 -6.5% $613 / Sq Ft
06/10/2025 06/10/25 For Sale $3,950,000 -- $656 / Sq Ft
Source: Maine Listings

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $1,439,428 Stand Alone Refi Refinance Of Original Loan
Closed $421,000 Adjustable Rate Mortgage/ARM
Closed $417,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1626022

Maine Listings

APN: CAPE-017032U