$812,500
SOLD NOV 13, 2025

7 Olde Colony Ln Cape Elizabeth, ME 04107

3 Beds
2.5 Baths
1,900 Sq Ft
0.63 Acres

Recently Sold

$428 Per Sq Ft

8% Below List Price

14 Days on Market

Highlights

  • Nearby Water Access
  • Waterfront
  • Wood Flooring
  • Pond Cove Elementary School Rated A
  • Living Room with Fireplace
  • Main Floor Bedroom

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Sue Durst

Sebago to the Sea Realty LLC Listed on: 10/02/2025

Last Buyer's Agent

Sue Durst

Sebago to the Sea Realty LLC Listed on: 10/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,252

Year Built

  • Built in 1967

Lot Details

  • 0.63 Acre Lot
  • Waterfront
  • 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
  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 3-18
  • Assessor Parcel Number CAPE-009003U-000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,252

Year Built

Built in 1967

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: King's Grant
  • Directions: Shore Road to Olde Colony Lane
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Split Level
  • Garage Yn: Yes
  • Year Built: 1967
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 653.08
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.63
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1300.0
  • Property Information:SqFt Finished Below Grade: 600.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 50.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Suite17: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Water Frontage Shared -: 26.0
  • Location:Abuts Conservation: Yes
  • Site:Cul-De-Sac: Yes
  • Style:Split Entry: Yes
  • Bonus Room Amenities:Wood Burning Fireplace6: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: 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.
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Interior, Walk-Out Access, Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Well Landscaped, Cul-De-Sac, Level, Abuts Conservation, Neighborhood
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Inside Entrance, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27442.8
  • Parcel #: CAPE-009003U-000018
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 8252.0
  • Tax Lot: 3-18
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2025
Closed on
Nov 13, 2025
Sold by
Novak Michael
Bought by
Macaione Andrew and Dubel Autumn
Seller's Agent
Sue Durst
Sebago to the Sea Realty LLC
Buyer's Agent
Sue Durst
Sebago to the Sea Realty LLC
List Price
$880,000
Sold Price
$812,500
Premium/Discount to List
-$67,500
-7.67%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.28%
Original Mortgage
$609,375
Outstanding Balance
$609,375
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$263,470

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 14, 2020
Sold by
Lewicki Sandra R
Bought by
Novak Michael
Seller's Agent
Cynthia Landrigan
Town & Shore Real Estate
Buyer's Agent
Sue Durst
Keller Williams Realty
List Price
$579,000
Sold Price
$600,000
Premium/Discount to List
$21,000
3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$480,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $812,500 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $609,375 New Conventional
Previous Owner $480,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Sold $812,500 -4.3% $428 / Sq Ft
10/16/2025 10/16/25 Pending -- -- --
10/08/2025 10/08/25 Price Changed $849,000 -3.5% $447 / Sq Ft
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
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1639631

Maine Listings

APN: CAPE-009003U-000018