$5,175,000
NEW CONSTRUCTION $465K PRICE DROP

Estimated payment $30,429/month

Total Views 10,480
4 Beds
4.5 Baths
4,910 Sq Ft
$1,054 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Finished Room Over Garage
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Contemporary Architecture

About This Home

This extraordinary home design is the result of a visionary collaboration between Murdock Solon Architects, Stephanie Rae Interiors, and Bloom Building & Construction—each bringing world-class design, thoughtful detail, and expert craftsmanship to the shores of Cape Elizabeth. Perched on an elevated lot with sweeping views of the Atlantic, the To-Be-Built 4,910 SF home will feature 4 bedrooms, 4.5 baths, and refined coastal living across two expansive levels. The first floor is designed for effortless entertaining, with a 10' ceiling height and an open-concept kitchen, dining, and living area—all south-facing to capture warm natural light and dramatic ocean vistas. A bespoke kitchen by Plain English Cupboardmakers will anchor the space, complemented by gourmet appliances and a walk-in pantry. The living room will feature a gas fireplace, private office, and hardscape deck complete the seamless indoor-outdoor experience. Upstairs, each of the four bedrooms will offer an en suite bath and walk-in closet, including a stunning primary suite with ocean views, dual walk-ins, a spa-inspired bath, and a private balcony. A large recreation room, central laundry, and abundant storage will enhance everyday livability. Premium finishes to include Marvin windows, Crosswater London fixtures, TruStile doors, Ashley Norton hardware, and reclaimed Longleaf Lumber flooring throughout. Sustainable design, extensive millwork, and curated materials ensure timeless elegance with modern performance. Located minutes from downtown Portland with direct access to shoreline trails and beaches, this home design blends the serenity of the Maine coast with architectural excellence and enduring style. Inquire now for additional information and customizable options.

Listing Agent

Alexa Oestreicher

Legacy Properties Sotheby's International Realty Listed on: 05/14/2025

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,789

Year Built

  • 2026

Lot Details

  • 0.47 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Open Lot
  • Property is zoned RA/shoreland

Parking

  • 2 Car Direct Access Garage
  • Finished Room Over Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Home to be built
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 4,910 Sq Ft Home
  • Built-In Features
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Balcony

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Water Heated On Demand

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number CAPE-015028U

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,789

Year Built

2026

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: Atlantic Ocean
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 4910.0
  • Architectural Style: Shingle, Contemporary
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2026
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4910.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Property Condition:To Be Built: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: 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
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Location:Suburban: Yes
  • Mud Room:Mud Room: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Transportation:Deep Water Access: Yes
  • Water Heater:Heat Pump2: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Dining Room Amenities:Informal: Yes
  • Basement Entry:Exterior Only: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Style:Shingle Style: Yes
  • Transportation:Public Transport Access: Yes
  • Living Room Amenities:Informal2: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Room Features:Above Garage28: Yes
  • Bonus Room Amenities:Above Garage6: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Open, Right of Way, Near Public Beach, Suburban, Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Slab
  • Property Condition: To Be Built
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Other, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.2
  • Parcel #: CAPE-015028U
  • Zoning: RA/shoreland

Tax Info

  • Tax Annual Amount: 26789.0
  • Tax Book Number: 40846
  • Tax Lot: 28
  • Tax Map Number: u15
  • Tax Year: 2024

Map

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

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 $26,789 $2,435,400 $2,116,200 $319,200
2023 $53,924 $2,413,800 $2,116,200 $297,600
2022 $20,869 $986,700 $828,500 $158,200
2021 $19,991 $986,700 $828,500 $158,200
2020 $19,655 $986,700 $828,500 $158,200
2019 $19,418 $986,700 $828,500 $158,200
2018 $18,767 $986,700 $828,500 $158,200
2017 $17,761 $986,700 $828,500 $158,200
2016 $17,307 $986,700 $828,500 $158,200
2015 $16,655 $986,700 $828,500 $158,200
2013 $16,063 $986,700 $828,500 $158,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $2,685,000 -48.1% $1,566 / Sq Ft
08/06/2025 08/06/25 Price Changed $5,175,000 +73.4% $1,054 / Sq Ft
05/29/2025 05/29/25 Price Changed $2,985,000 -45.5% $1,741 / Sq Ft
05/29/2025 05/29/25 Price Changed $5,475,000 -2.9% $1,115 / Sq Ft
05/14/2025 05/14/25 For Sale $5,640,000 +79.0% $1,149 / Sq Ft
04/29/2025 04/29/25 For Sale $3,150,000 -- $1,837 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $295,400 Unknown
Previous Owner $333,400 Unknown
Previous Owner $375,000 Purchase Money Mortgage
Source: Public Records

Similar Homes in Cape Elizabeth, ME

  • 41 Old Mill Rd, Cape Elizabeth, ME 04107

    $5,850,000

    • 4 Beds
    • 4.5 Baths
    • 4,682 Sq Ft
    • 41 Old Mill Rd
    • Cape Elizabeth, ME

    An architecturally distinct, contemporary shingle-style home -- this waterfront estate in Cape Elizabeth offers breathtaking views of Casco Bay and private beach frontage. The 5 bed, 4.5 bath residence set on 3.62 acres pulls from coastal New England, modern, and traditional design to create a fully unique living experience. A sense of privacy and calm greets you as you wind through the trees to

    David Banks RE/MAX By The Bay

    Section Image
  • 1200 Shore Rd, Cape Elizabeth, ME 04107

    $5,200,000

    • 5 Beds
    • 6 Baths
    • 6,456 Sq Ft
    • 1200 Shore Rd
    • Cape Elizabeth, ME

    You don't have to go far to feel far away. 1200 Shore Road offers everyday access to the extraordinary. A coastal retreat that feels like something out of a magazine, set on 15.14 acres along Maine's storied shoreline. What makes it even more exceptional? Over 11 acres of private, undevelopable land—ensuring the peace, privacy, and magic of this setting will remain just that. It's not remote -

    Taylor McFarlane Portside Real Estate Group

    Section Image

Source: Maine Listings

MLS Number: 1622610

Maine Listings

APN: CAPE-015028U