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
Active
Price cut: $55K (9/15)
$1,195,000
55 Water Cove Road, Phippsburg, ME 04562
2beds
2,418sqft
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
- 12 days
- 1,931
- 144
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1679257
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
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $1,195,000-4.4%$494/sqft |
Source: | ||
| 9/4/2026 | Listed for sale | $1,250,000+150%$517/sqft |
Source: | ||
| 9/8/2020 | Listing removed | $500,000$207/sqft |
Source: Keller Williams Realty #1446942 Report a problem | ||
| 9/2/2020 | Listed for sale | $500,000+5.3%$207/sqft |
Source: Keller Williams Realty #1446942 Report a problem | ||
| 8/21/2020 | Sold | $475,000-5%$196/sqft |
Source: | ||
| 7/28/2020 | Pending sale | $500,000$207/sqft |
Source: Keller Williams Realty #1446942 Report a problem | ||
| 3/12/2020 | Listed for sale | $500,000$207/sqft |
Source: Keller Williams Realty #1446942 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment





