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  • Price cut: $55K (9/15)
    $1,195,000

    55 Water Cove Road, Phippsburg, ME 04562

    2beds
    2,418sqft
    : 
    $7,301/mo
    Get pre-qualified
    Single Family Residence
    Built in 1992
    0.31 Acres Lot
    $-- Zestimate®
    $494/sqft
    $42/mo HOA

    What's special

    Ocean viewsModern finishesNearby beachesOverlooking the coveShared deep-water dockWaterside deckBoating access
    Set along the rocky shoreline of Water Cove, this beautifully remodeled Phippsburg waterfront home offers the kind of Maine lifestyle buyers come here looking for—ocean views, boating access, nearby beaches and a home that is completely move-in ready. The house has undergone a thoughtful, top-to-bottom renovation with quality materials, modern finishes and upgraded appliances throughout. Bright, comfortable living spaces take advantage of the water views, while the coastal setting creates an easy connection between indoors and out. Step outside to the waterside deck and enjoy morning coffee, summer dinners or simply watch the activity on the cove. For boaters, one of the property's biggest attractions is access to a **shared deep-water dock**, providing a convenient starting point for exploring the surrounding coastline and Casco Bay. Kayaking, paddleboarding and days on the water are quite literally outside your door. The location adds another dimension to the property. **Sebasco Harbor Resort and Golf Club** is nearby for golf, dining and recreation, while spectacular **Popham Beach** is just a short drive away. Spend the morning on the water, the afternoon at the beach or golf course, and finish the day back home overlooking the cove. With the major work already completed, this is an opportunity to enjoy coastal Maine without taking on a renovation project. Copy the video link: https://videotour.ai/view-video/86f18542-e3c3-40a9-a21a-4ec70e7c84c5
    12 days
    1,931
    144

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1679257MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom 2
      • Level: First
      Dining room
      • Level: Second
      Family room
      • Level: First
      Kitchen
      • Level: Second
      Laundry
      • Level: First
      Living room
      • Level: Second
      Heating
      • Baseboard, Heat Pump, Hot Water
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer, ENERGY STAR Qualified Appliances
      Features
      • 1st Floor Primary Bedroom w/Bath, Bathtub, Walk-In Closet(s)
      • Flooring: Plank
      • Basement: None
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,418
      • Total interior livable area: 2,418 sqft
      • Finished area above ground: 2,418
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Common, Gravel, 1 - 4 Spaces, Garage Door Opener
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: 32 - 36 Inch Doors, Level Entry
      Features
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Scenic
      • Body of water: Water Cove
      • Frontage length: Waterfrontage: 261,Waterfrontage Owned: 261
      Lot
      • Size: 0.31 Acres
      • Features: Near Country Club, Near Public Beach, Rural, Level, Open Lot, Right of Way, Landscaped, Wooded
      Details
      • Additional structures: Outbuilding, Shed(s)
      • Parcel number: PHIPM028L026
      • Zoning: Shoreland
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow,Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Composition
      • Foundation: Poured Concrete
      • Roof: Membrane
      Condition
      • Year built: 1992

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Road Association
      HOA
      • Has HOA: Yes
      • HOA fee: $500 annually
      Location
      • Region: Phippsburg

      Financial & listing details

      • Price per square foot: $494/sqft
      • Tax assessed value: $433,100
      • Annual tax amount: $5,671
      • Date on market: 9/4/2026
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/15/2026Price change$1,195,000-4.4%$494/sqft
        Source: Maine Listings #1679257 Report a problem
        9/4/2026Listed for sale$1,250,000+150%$517/sqft
        Source: Maine Listings #1679257 Report a problem
        9/8/2020Listing removed$500,000$207/sqft
        Source: Keller Williams Realty #1446942 Report a problem
        9/2/2020Listed for sale$500,000+5.3%$207/sqft
        Source: Keller Williams Realty #1446942 Report a problem
        8/21/2020Sold$475,000-5%$196/sqft
        Source: Maine Listings #1446942 Report a problem
        7/28/2020Pending sale$500,000$207/sqft
        Source: Keller Williams Realty #1446942 Report a problem
        3/12/2020Listed for sale$500,000$207/sqft
        Source: Keller Williams Realty #1446942 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,102 +3%$433,100
        2023$4,955 +13.1%$433,100
        2022$4,383 +11.2%$433,100
        2021$3,941 -0.5%$433,100
        2020$3,959 +25.2%$433,100 +25.2%
        2019$3,161 +1.1%$345,800
        2018$3,126 +1.1%$345,800
        2017$3,091 +2.5%$345,800
        2016$3,015 +1.9%$345,800
        2015$2,960 +9.8%$345,800
        2014$2,697 +2.6%$345,800
        2013$2,628 -1.9%$345,800
        2012$2,680 +2%$345,800
        2011$2,628 $345,800
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 04562

        Getting around

        2 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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