7 Olde Colony Ln Cape Elizabeth, ME 04107
Estimated payment $5,376/month
Highlights
- Very Popular Property
- Nearby Water Access
- Living Room with Fireplace
- Pond Cove Elementary School Rated A
- Waterfront
- Wood Flooring
About This Home
Welcome to this light-filled Cape Elizabeth home offering charm, convenience, and a connection to nature. Located in a quiet neighborhood with no through streets, this property enjoys deeded access to the ocean at Pond Cove and is within walking distance of the Shore Road Pathway to Fort Williams and Portland Head Light. Trails from the neighborhood also link directly into Robinson Woods and the cross town trail system.
Inside, you'll find hardwood floors, two fireplaces, and 2.5 bathrooms including a primary suite bath. A small ocean view can be enjoyed from one of the bedrooms, adding to the home's coastal appeal.
The grounds have been thoughtfully designed by a horticulturist, featuring extensive landscaping with native plants, pollinator-friendly flowers, raised herb and vegetable beds, and fruit trees including peach, plum, apple, and pear. Outdoor living is enhanced with a fire pit and tent camping site along Pond Cove Brook, creating a true retreat right in your backyard.
Additional amenities include a multi-zone irrigation system, paver driveway with 30-amp RV hookup, whole-house Generac generator, and invisible dog fence. This is a rare opportunity to enjoy a well-appointed home in one of Cape Elizabeth's most desirable locations.
Open House Schedule
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Sunday, October 05, 202510:00 am to 1:00 pm10/5/2025 10:00:00 AM +00:0010/5/2025 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,252
Year Built
- Built in 1967
Lot Details
- 0.63 Acre Lot
- Waterfront
- Near Conservation Area
- Cul-De-Sac
- Landscaped
- Level Lot
HOA Fees
- $4 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Driveway
- Off-Street Parking
Home Design
- Split Foyer
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- Wood Burning Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Bonus Room
- Water Views
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Bedroom Suite
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- River Nearby
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Sewer
Community Details
- King's Grant Subdivision
Listing and Financial Details
- Tax Lot 3-18
- Assessor Parcel Number CAPE-009003U-000018
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,739 | $703,500 | $421,400 | $282,100 |
| 2023 | $15,716 | $703,500 | $421,400 | $282,100 |
| 2022 | $6,497 | $307,200 | $150,100 | $157,100 |
| 2021 | $6,224 | $307,200 | $150,100 | $157,100 |
| 2020 | $6,119 | $307,200 | $150,100 | $157,100 |
| 2019 | $6,046 | $307,200 | $150,100 | $157,100 |
| 2018 | $5,843 | $307,200 | $150,100 | $157,100 |
| 2017 | $5,530 | $307,200 | $150,100 | $157,100 |
| 2016 | $5,388 | $307,200 | $150,100 | $157,100 |
| 2015 | $5,186 | $307,200 | $150,100 | $157,100 |
| 2013 | $5,001 | $307,200 | $150,100 | $157,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $880,000 | +46.7% | $463 / Sq Ft | |
| 12/15/2020 12/15/20 | Sold | $600,000 | +3.6% | $316 / Sq Ft | View Prior Sale |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- | |
| 10/07/2020 10/07/20 | For Sale | $579,000 | -- | $305 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $480,000 | New Conventional |
Source: Maine Listings
MLS Number: 1639631
APN: CAPE-009003U-000018
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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