Seller's Agent in 2024
James McFarlane
Portside Real Estate Group
(207) 712-4737
100 in this area
165 Total Sales
52 Shipwreck Cove Rd Cape Elizabeth, ME 04107
4
Beds
6
Baths
7,500
Sq Ft
1.8
Acres
Highlights
- 75 Feet of Waterfront
- 1.8 Acre Lot
- Bonus Room
- Pond Cove Elementary School Rated A
- Wood Flooring
- Great Room
About This Home
As of December 2024Wake up to the sound of waves, greeted by sunrises that light up the horizon. This extraordinary post and beam home sits on nearly two acres, offering a front-row seat to the Atlantic, with 75 feet of private beach, perfect for barefoot strolls, lobster bakes, or simply hunting for sea glass.The home was designed for those who live to entertain and love to cook. The kitchen, designed by a professional baker, is more than its upscale finishes—it's a thoughtfully crafted space made for both cooking and bringing people together. The kitchen island spills into the expansive living spaces, and the entire first floor gives off a lovely, effortless vibe. Then there's the view. From the second you step through the door, you're met with a panoramic sweep of Casco Bay that can take your breath away. The ocean breeze fills the home, and there's something magical about throwing open the windows and letting the salty air and sound of waves flow through the house. The front lawn, wide and flat, invites games, gatherings, and impromptu lawn parties, while the private beach below calls for bonfires, kayaking, and paddle boarding. In the rear of the property you can store your toys or build out a gym or studio space in the detached heated garage; you can pick fruit in the small orchard; or you can bring new life to an already framed ADU that is ready for your finishing. There is a delightful privacy and slowness as you wander through the back yard. Living at 52 Shipwreck Cove is about embracing a lifestyle. It's where the ocean becomes part of the everyday, and every day feels like a getaway. It's not just a home—it's an experience.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,664
Year Built
- Built in 2005
Lot Details
- 1.8 Acre Lot
- 75 Feet of Waterfront
- Ocean Front
- Dirt Road
- Landscaped
- Open Lot
- Property is zoned RA + Shoreland
HOA Fees
- $73 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Gambrel Roof
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,500 Sq Ft Home
- Mud Room
- Great Room
- Family Room
- Dining Room
- Bonus Room
- Sink in Utility Room
- Home Gym
- Water Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bedroom Suite
- 6 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Utilities
- Cooling Available
- Heating System Uses Propane
- Heat Pump System
- Radiant Heating System
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Outbuilding
- Property is near a golf course
Listing and Financial Details
- Legal Lot and Block A / 10
- Assessor Parcel Number CAPE-003010R-A000000
Community Details
Overview
- Peabbles Cove Subdivision
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Dec 13, 2024
Sold by
Clark Danielle
Bought by
Fenster Amanda
Seller's Agent
James McFarlane
Portside Real Estate Group
Buyer's Agent
Taylor McFarlane
Portside Real Estate Group
List Price
$3,395,000
Sold Price
$3,250,000
Premium/Discount to List
-$145,000
-4.27%
Views
117
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,626
Avg. Annual Appreciation
1.77%
Original Mortgage
$2,437,500
Outstanding Balance
$2,418,668
Interest Rate
5.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$874,485
Purchase Details
Listed on
Mar 31, 2020
Closed on
Jun 23, 2020
Sold by
Chambao Llc
Bought by
Effron Marcus S and Effron Michelle H
Seller's Agent
Cathleen Manchester
Keller Williams Realty
Buyer's Agent
Jean Murphy Richard Murphy
Coldwell Banker Realty
List Price
$1,875,000
Sold Price
$1,540,000
Premium/Discount to List
-$335,000
-17.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%
Original Mortgage
$292,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Sep 15, 2017
Closed on
May 1, 2018
Sold by
Feiedman Andrew N Jr Est
Bought by
Chambao Llc
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Thomas Tinsman
The Maine Real Estate Network
List Price
$1,100,000
Sold Price
$840,500
Premium/Discount to List
-$259,500
-23.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.19%
Original Mortgage
$680,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Personal Reps Deed | -- | -- | |
| Personal Reps Deed | -- | -- | |
| Personal Reps Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,437,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $292,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $940,000 | Purchase Money Mortgage | |
| Previous Owner | $680,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $3,250,000 | -4.3% | $433 / Sq Ft |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $3,395,000 | +24.6% | $453 / Sq Ft |
| 07/21/2022 07/21/22 | Sold | $2,725,000 | -9.2% | $363 / Sq Ft |
| 07/02/2022 07/02/22 | Pending | -- | -- | -- |
| 07/02/2022 07/02/22 | For Sale | $3,000,000 | +94.8% | $400 / Sq Ft |
| 06/24/2020 06/24/20 | Sold | $1,540,000 | -17.9% | $205 / Sq Ft |
| 04/15/2020 04/15/20 | Pending | -- | -- | -- |
| 04/02/2019 04/02/19 | For Sale | $1,875,000 | +123.1% | $250 / Sq Ft |
| 04/25/2018 04/25/18 | Sold | $840,500 | -23.6% | $113 / Sq Ft |
| 02/07/2018 02/07/18 | Pending | -- | -- | -- |
| 09/15/2017 09/15/17 | For Sale | $1,100,000 | -- | $148 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $29,939 | $2,721,700 | $1,447,300 | $1,274,400 |
| 2023 | $121,606 | $2,721,700 | $1,447,300 | $1,274,400 |
| 2022 | $38,834 | $1,836,100 | $839,000 | $997,100 |
| 2021 | $37,199 | $1,836,100 | $839,000 | $997,100 |
| 2020 | $35,997 | $1,807,100 | $839,000 | $968,100 |
| 2019 | $35,564 | $1,807,100 | $839,000 | $968,100 |
| 2018 | $34,371 | $1,807,100 | $839,000 | $968,100 |
| 2017 | $32,528 | $1,807,100 | $839,000 | $968,100 |
| 2016 | $31,697 | $1,807,100 | $839,000 | $968,100 |
| 2015 | $30,504 | $1,807,100 | $839,000 | $968,100 |
| 2013 | $29,420 | $1,807,100 | $839,000 | $968,100 |
Source: Public Records
Agents Affiliated with this Home
-
James McFarlane
-
Taylor McFarlane
T
Seller Co-Listing Agent in 2024
Taylor McFarlane
Portside Real Estate Group
(207) 233-3933
91 in this area
292 Total Sales
-
Cathleen Manchester
Seller's Agent in 2022
Cathleen Manchester
Keller Williams Realty
(207) 653-7653
2 in this area
175 Total Sales
-
Ruth Summers
Seller Co-Listing Agent in 2022
Ruth Summers
Keller Williams Realty
(207) 332-0111
3 in this area
102 Total Sales
-
J
Buyer's Agent in 2020
Jean Murphy Richard Murphy
Coldwell Banker Realty
-
Richard Murphy
Buyer's Agent in 2020
Richard Murphy
Harborview Properties, Inc.
(207) 712-4796
50 Total Sales
Map
Source: Maine Listings
MLS Number: 1605219
APN: CAPE-003010R-A000000
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