$3,495,000
$255K PRICE DROP

40 Zeb Cove Rd Cape Elizabeth, ME 04107

Estimated payment $22,145/month

Total Views 43,331
4 Beds
2.5 Baths
2,878 Sq Ft
$1,214 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Country Club
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Tennis Courts

About This Home

As the early descendants and a founding family of Cape Elizabeth, the sellers' ownership of Zeb's Cove Farm goes back over 300 years and is being offered for sale for the first time. This highly coveted location is one of Cape Elizabeth's finest. This pristine setting is forever preserved by the substantial and abutting acreage under conservation protection. Zeb's Cove Farm is accessed by a private road through mature forest opening to meadow and ocean views. Encompassed within the farm's 10.21 acres are rolling lawns/meadows, stone walls, towering forest and mature landscaping. There are wonderful views of the Atlantic Ocean/Casco Bay and the entrance into Portland Harbor with passing boats of every description. Distance islands and Ram Island Lighthouse complete this classic coast of Maine setting. Deeded access to protected Zeb Cove with its 350' sand beach is just steps away. The cove/beach is perfect for swimming, launching small boats/kayaks/SUPs. The year-round residence dates to the 1840's and was extensively renovated in 2016 with updates including kitchen, bathrooms, finishes and systems. Within its 2,878 square feet of living space there are 4 bedrooms, 2.5 bathrooms and ocean views from many rooms. The first level features a charming living room with a fireplace, family room, spacious kitchen with granite counters/center island/dining area, glassed dining porch and laundry/bathroom. The 4 bedrooms and 2 full bathrooms are located on the second level. Other property features include a 2-car garage, a tennis court, a 4-stall barn that could be converted to an artisan studio/workshop, ''tack house'' and storage shed. This special property is 6 miles from the numerous amenities of Portland and its waterfront including nationally recognized restaurants, specialty shops, galleries, art museums, sports and theatrical events and medical facilities. The Portland International Jetport, numerous beaches, marinas and golf facilities are nearby. PLEASE no drive-bys.

Listing Agent

John Saint-Amour

LandVest, Inc. Listed on: 02/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,115

Year Built

  • Built in 1840

Lot Details

  • 10.21 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Fiberglass Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,878 Sq Ft Home
  • Built-In Features
  • Skylights
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access
  • Tennis Courts
  • Outbuilding
  • Enclosed Glass Porch

Location

  • Property is near a golf course

Farming

  • Farm
  • Pasture

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Heating System
  • Power Generator
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4B
  • Assessor Parcel Number CAPE-002004R-B000000

Community Details

Overview

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

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,115

Year Built

Built in 1840

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.21
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Atlantic Ocean
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2878.0
  • Architectural Style: Farmhouse, New Englander
  • Garage Yn: Yes
  • Year Built: 1840
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.21
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2878.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: 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
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Basement:Partial: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Equipment:Generator: Yes
  • Room Features:Built-Ins30: Yes
  • Roof:Membrane: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Recreational Water:Beach Rights: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Sunroom Amenities:Skylight8: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Bedroom Amenities 3:Built-Ins3: Yes
  • Amenities:Tennis Court: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Roads:Dirt: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Other Equipment: Generator, Cable
  • Has Basement: Interior, Partial, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Other
  • Bedroom 2 Level: Second
  • 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: Second

Exterior Features

  • Lot Features: Pasture/Field, Open, Farm, Level, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed
  • Roof: Fiberglass, Membrane

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 444747.6
  • Parcel #: CAPE-002004R-B000000
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 34115.0
  • Tax Book Number: 33086
  • Tax Lot: 4B
  • Tax Map Number: R02-1
  • 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 $34,115 $3,101,400 $2,634,500 $466,900
2023 $82,421 $3,689,400 $3,222,500 $466,900
2022 $39,902 $1,886,600 $1,515,200 $371,400
2021 $38,223 $1,886,600 $1,515,200 $371,400
2020 $12,570 $1,886,600 $1,515,200 $371,400
2019 $37,128 $1,886,600 $1,515,200 $371,400
2018 $35,883 $1,886,600 $1,515,200 $371,400
2017 $31,999 $1,777,700 $1,515,200 $262,500
2016 $31,181 $1,777,700 $1,515,200 $262,500
2015 $30,008 $1,777,700 $1,515,200 $262,500
2013 $28,941 $1,777,700 $1,515,200 $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Price Changed $3,495,000 -6.8% $1,214 / Sq Ft
02/25/2025 02/25/25 For Sale $3,750,000 -- $1,303 / Sq Ft
Source: Maine Listings

Purchase History

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

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Source: Maine Listings

MLS Number: 1614954

Maine Listings

APN: CAPE-002004R-B000000