$2,995,000

Estimated payment $17,639/month

Total Views 610
10 Beds
6 Baths
5,995 Sq Ft
$500 Price per Sq Ft

Highlights

  • Popular Property
  • Deeded Waterfront Access Rights
  • Country Club
  • Falmouth Middle School Rated A
  • 150 Feet of Waterfront
  • Scenic Views

About This Home

Welcome to Lady Cove House, a historic residence designed by renowned architect Alexander Wadsworth Longfellow and built in the early 1900s. Located at 62 Waites Landing, Falmouth Foreside's most coveted setting, this iconic estate offers over 5,995 sq.ft. of living space with 20 rooms, including 10 bedrooms, 6 bathrooms, and 7 fireplaces.

Once serving as naval officer quarters during World War II, this prominent home rests on a 2.16-acre lot with mature trees, generous lawn space, and a classic carriage house. True to its heritage, the property showcases period craftsmanship and architectural detail rarely found today.

Ownership includes exclusive deeded rights to the Waites Landing Waterfront Association, which grants access to a private sandy beach, dock, and mooring field—an extraordinary and rare opportunity in this coveted coastal enclave.

Adding to its appeal, the property is ideally located in close proximity to the Portland Country Club, Portland Yacht Club, and downtown Portland, offering a rare balance of historic charm, recreational lifestyle, and urban convenience.

While the home is in need of renovations and is being offered as-is, the potential is extraordinary. With its grand scale, historic pedigree, and premier location on Falmouth Foreside's most desirable shoreline community, Lady Cove House presents a rare opportunity to restore and reimagine a coastal estate of timeless significance.

Listing Agent

Marika Clark

Legacy Properties Sotheby's International Realty Listed on: 08/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,924

Year Built

  • Built in 1904

Lot Details

  • 2.16 Acre Lot
  • 150 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • Open Lot
  • Property is zoned RC

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 5,995 Sq Ft Home
  • Wood Burning Fireplace
  • Great Room
  • Dining Room with Fireplace
  • 7 Fireplaces
  • Home Office
  • Bonus Room
  • Scenic Vista Views

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Bedroom
  • Primary bedroom located on second floor
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Deep Water Access
  • Balcony

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • Power Generator
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number FMTH-000006U-000000-000005

Community Details

Overview

  • Waites Landing Waterfront Association Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,924

Year Built

Built in 1904

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.16
  • Water Body Name: Casco Bay
  • MLS Status: Active
  • Subdivision Name: Waites Landing Waterfront Association
  • Above Grade Finished Sq Ft: 5995.0
  • Architectural Style: Shingle, New Englander
  • Garage Yn: Yes
  • Year Built: 1904
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.16
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5995.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 1300.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Heat System:Steam: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Oceanfront: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Owned -: 150.0
  • Water Info:Water Frontage Shared -: 150.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Bedroom 1 Amenities:Wood Burning Fireplace: Yes
  • Bedroom Amenities 2:Wood Burning Fireplace2: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Transportation:Deep Water Access: Yes
  • Den:Den: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Style:Shingle Style: Yes
  • Recreational Water:Beach Rights: Yes
  • Den Amenities:Wood Burning Fireplace7: Yes
  • Great Room Amenities:Wood Burning Fireplace11: Yes
  • Bedroom Amenities 3:Wood Burning Fireplace3: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 7
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Other Equipment: Generator
  • Has Basement: Crawl Space, Partial, Exterior Only
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Wood, Tile, Laminate, Carpet
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First
  • Bedroom 5:Bedroom 5 Level: Second
  • Bedroom 6:Bedroom 6 Level: Third
  • Bedroom 7:Bedroom 7 Level: Third
  • Bedroom 8:Bedroom 8 Level: Third
  • Bedroom 9:Bedroom 9 Level: Third
  • Bedroom 10:Bedroom 10 Level: First
  • Bedroom 11:Bedroom 11 Level: Second

Exterior Features

  • Lot Features: Open, Level, Near Golf Course, Neighborhood
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 94089.6
  • Parcel #: FMTH-000006U-000000-000005
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 14924.0
  • Tax Book Number: 27668
  • Tax Lot: 5
  • Tax Map Number: u06
  • Tax Year: 2025

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 $14,924 $1,115,400 $620,900 $494,500
2023 $14,078 $1,113,800 $620,900 $492,900
2022 $13,276 $1,113,800 $620,900 $492,900
2021 $16,852 $989,100 $674,300 $314,800
2020 $16,864 $989,100 $674,300 $314,800
2019 $16,686 $989,100 $674,300 $314,800
2018 $16,290 $989,100 $674,300 $314,800
2017 $3,265 $989,100 $674,300 $314,800
2016 $14,926 $989,100 $674,300 $314,800
2015 $14,453 $987,900 $674,300 $313,600
2014 $13,788 $987,900 $674,300 $313,600
2012 -- $987,900 $674,300 $313,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $2,995,000 -- $500 / 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 $100,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1635446

Maine Listings

APN: FMTH-000006U-000000-000005