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

Estimated payment $29,521/month

Total Views 7,416
4 Beds
4.5 Baths
4,910 Sq Ft
$1,054 Price per Sq Ft

Highlights

  • Water Views
  • Contemporary Architecture
  • Main Floor Bedroom
  • Pond Cove Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

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. Property taxes are based on the current house (MLS 1619551).

Listing Agent

Alexa Oestreicher

Legacy Properties Sotheby's International Realty Listed on: 10/09/2025

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,567

Year Built

  • 2026

Lot Details

  • 0.47 Acre Lot
  • Property is zoned RA/shoreland

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Home to be built
  • Contemporary Architecture
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 4,910 Sq Ft Home
  • 1 Fireplace
  • Exterior Basement Entry
  • Walk-In Pantry

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

Utilities

  • Cooling Available
  • Heat Pump System

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

$28,567

Year Built

2026

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Water Body Name: Atlantic Ocean
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 4910.0
  • Architectural Style: Contemporary, Shingle
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2026
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1053.97
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Dining Room:Dining Room: Dining Room
  • Living Room:Living Room: Living Room
  • Mud Room:Mud Room: Mud Room
  • Bonus Room:Bonus Room: Bonus Room
  • Office:Office: Office
  • Laundry Room:Laundry Room: Laundry
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Exterior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • 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

  • View: Scenic
  • Waterfront: No
  • Property Condition: To Be Built
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0

Utilities

  • 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: 28567.0
  • Tax Lot: 28

Map

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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 $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 List to Sale Price per Sq Ft
10/09/2025 10/09/25 For Sale $5,175,000 +92.7% $1,054 / Sq Ft
10/09/2025 10/09/25 For Sale $2,685,000 -48.1% $1,566 / Sq Ft
10/01/2025 10/01/25 Off Market $5,175,000 -- --
10/01/2025 10/01/25 Off Market $2,685,000 -- --
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 $375,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1622610

Maine Listings

APN: CAPE-015028U