Active

$1,200,000

551 Shore Road, Cape Elizabeth, ME 04107

7beds

4,537sqft

$7,724/mo

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Multi Family

Built in 1875

-- sqft lot

$-- Zestimate^®

$264/sqft

$-- HOA

What's special

Two three-bedroom unitsCovered front porchHardwood floorsSeparate heating systemsSpacious one-bedroomLeaded glass detailsOriginal character

Set along one of Cape Elizabeth's most recognizable stretches of Shore Road, this three-unit property sits across from the Cookie Jar and just down the road from Rosemont Market, Cliff House Beach and the coastline beyond. Inside are three distinct residences, ranging from a spacious one-bedroom to two three-bedroom units, each with its own dedicated office and covered front porch. Hardwood floors, leaded glass details and original character give the building a sense of place, while separate heating systems and hot water heaters offer practical independence between units. Zoned BA, the property brings an added layer of flexibility to an already unique offering. Whether considered as an investment, an owner-occupied property, or something more creative over time, this is a one-of-a-kind opportunity in the heart of Cape Elizabeth's Shore Road corridor.

3 days

1,220

49

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Steam

Cooling

None

Features

1st Floor Bedroom
Flooring: Vinyl, Wood
Basement: Interior Entry,Full,Unfinished
Number of fireplaces: 2

Interior area

Total structure area: 4,537
Total interior livable area: 4,537 sqft
Finished area above ground: 4,537
Finished area below ground: 0

Property

Parking

Parking features: Paved, 5 - 10 Spaces

Features

Stories: 3
Patio & porch: Deck, Porch
Body of water: Atlantic

Lot

Size: 10,454 Square Feet
Features: Near Public Beach, Near Shopping, Near Town, Level, Open Lot

Details

Parcel number: CAPEU01007000000
Zoning: BA + RC

Construction

Type & style

Home type: MultiFamily
Architectural style: Shingle
Property subtype: Multi Family

Materials

Wood Frame, Shingle Siding, Vinyl Siding
Roof: Shingle

Condition

Year built: 1875

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Cape Elizabeth

Financial & listing details

Price per square foot: $264/sqft
Tax assessed value: $1,262,300
Annual tax amount: $14,807
Date on market: 7/29/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/29/2026	Listed for sale	$1,200,000$264/sqft
Source: Maine Listings #1673890 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$28,200	$1,262,300
2023	$28,200 +236%	$1,262,300 +218%
2022	$8,394 +4.4%	$396,900
2020	$8,041 +2.9%	$396,900
2019	$7,811 +3.5%	$396,900
2018	$7,549 +5.7%	$396,900
2017	$7,144 +2.6%	$396,900
2016	$6,962 +3.9%	$396,900
2015	$6,700 +3.7%	$396,900
2013	$6,462 +2.8%	$396,900
2012	$6,287 +7%	$396,900 +2.6%
2011	$5,873 +11.8%	$386,900 +29.2%
2009	$5,253 +0.4%	$299,500 -0.2%
2008	$5,232 +8.6%	$300,000 +0.6%
2006	$4,817	$298,100

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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