NOT LISTED FOR SALE

68 Long Point Ln Cape Elizabeth, ME 04107

Estimated Value: $1,144,000 - $1,293,683

2 Beds
2 Baths
1,517 Sq Ft
$798/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $1,055,556 $696 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,331/month

5 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Country Club
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Deck

About This Home

As of October 2023

Welcome to 68 Long Point Lane, aka, ''Lighthouse Ledge''! Perched atop a natural stone ledge, surrounded by a bower of trees in the desirable seaside community of Peabbles Cove, this charming home has the appeal of a true Maine cottage, with all the conveniences of a modern, high performance house. Lovingly built in 2011, Lighthouse Ledge features stunning wide pine floors, tongue and groove pine walls throughout (there is no drywall in the entire house!), Viking stainless steel appliances, soapstone countertops and water views from nearly every room and the ample deck. Recent tree work has made way for year round peekaboo views. Super insulated with craftsman construction, beauty and function coexist seamlessly in this energy efficient home.
Peabbles Cove neighborhood association offers a quiet and idyllic location with shared access to one of the most stunning points on the Maine coast, with three lighthouses in view from the end of the point as well as a shared private beach with guest parking. Store your paddle board or kayak at the beach for easy water access!
Waking up to the sound of the surf and driving down sleepy Long Point Lane, you will feel a world away in your own seaside sanctuary, yet vibrant and bustling Portland is a mere 10 minute drive. This is a truly rare opportunity to own this very special piece of Maine.
*Showings begin Wednesday, 9/6*.

Last Agent to Sell the Property

Eliza Rauscher

Legacy Properties Sotheby's International Realty Listed on: 09/06/2023

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Heather Shields

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 2011

Lot Details

  • 8,276 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RA

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,517 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Dining Room
  • Den
  • Wood Flooring
  • Storm Doors

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Power Generator
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Air Exchanger
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number CAPE-003009R-A000000

Community Details

Overview

  • Peabbles Cove Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

Built in 2011

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Peabbles Cove
  • Directions: From Old Ocean House Road, turn onto Eastfield Road. Continue to Long Point Lane. #68 is on the right.
  • Above Grade Finished Sq Ft: 1517.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 2011
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1517.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 1000.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:GravelDirt: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Den:Den: Yes
  • Basement Entry:Exterior Only: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Green Features:Air Exchanger: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Shower
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Golf Course, Near Public Beach, Near Town
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Cape Elizabeth Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: CAPE-003009R-A000000
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 5700.0
  • Tax Book Number: 38759
  • Tax Lot: 009
  • Tax Map Number: R03
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 20, 2023
Sold by
Sommer Lauren E
Bought by
Christman Andrew C and Stnkaitis Margaret
Seller's Agent
Eliza Rauscher
Legacy Properties Sotheby's International Realty
Buyer's Agent
Heather Shields
Keller Williams Realty
List Price
$939,000
Sold Price
$1,055,556
Premium/Discount to List
$116,556
12.41%
Current Estimated Value
$1,210,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,115
Avg. Annual Appreciation
7.06%
Original Mortgage
$726,201
Outstanding Balance
$710,895
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,776

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 8, 2021
Sold by
Capistran Christy L
Bought by
Sommer John W and Sproul Lauren E
Seller's Agent
James McFarlane
Portside Real Estate Group
Buyer's Agent
Eliza Rauscher
Legacy Properties Sotheby's International Realty
List Price
$785,000
Sold Price
$850,000
Premium/Discount to List
$65,000
8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$548,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Christman Andrew C $1,055,556 None Available
Sommer John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christman Andrew C $726,201
Previous Owner Sommer John W $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $1,055,556 +12.4% $696 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $939,000 +10.5% $619 / Sq Ft
10/08/2021 10/08/21 Sold $850,000 +8.3% $560 / Sq Ft View Prior Sale
09/07/2021 09/07/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $785,000 -- $517 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

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 $10,170 $924,500 $576,500 $348,000
2023 $20,653 $924,500 $576,500 $348,000
2022 $5,700 $269,500 $123,200 $146,300
2021 $5,460 $269,500 $123,200 $146,300
2020 $5,281 $269,500 $123,200 $146,300
2019 $5,304 $269,500 $123,200 $146,300
2018 $5,126 $269,500 $123,200 $146,300
2017 $4,851 $269,500 $123,200 $146,300
2016 $4,727 $269,500 $123,200 $146,300
2015 $4,549 $269,500 $123,200 $146,300
2013 $4,387 $269,500 $123,200 $146,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1570736

Maine Listings

APN: CAPE-003009R-A000000