Active

Price cut: $50K (7/11)

$650,000

60 Richmond Terrace, Cape Elizabeth, ME 04107

2beds

782sqft

$4,119/mo

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Single Family Residence

Built in 1958

6,969 Square Feet Lot

$614,000 Zestimate^®

$831/sqft

$29/mo HOA

What's special

Views to richmond island

Enjoy year-round coastal living from this solid ranch style home with coveted deeded access to Crescent Beach. Listen to the Ocean breeze and experience Ocean views from both the living room and primary bedroom create a peaceful coastal retreat. This parcel uniquely abuts state-owned open space with views to Richmond Island. While significant updates are needed, the location and setting, and potential of vertical expansion make this a rare find for those looking to create their dream home or beach getaway.

109 days
1,765
50

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Forced Air

Cooling

None

Appliances

Included: Dryer, Microwave, Electric Range, Washer

Features

1st Floor Bedroom
Flooring: Hardwood, Linoleum
Basement: Bulkhead,Exterior Entry,Full,Unfinished
Number of fireplaces: 1
Furnished: Yes

Interior area

Total structure area: 782
Total interior livable area: 782 sqft
Finished area above ground: 782
Finished area below ground: 0

Property

Parking

Parking features: Paved, Off Street

Features

Has view: Yes
View description: Scenic
Body of water: Atlantic Ocean

Lot

Size: 6,969 Square Feet
Features: Abuts Conservation, Near Public Beach, Neighborhood, Corner Lot, Level

Details

Parcel number: CAPEU17024000000
Zoning: RA

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

Year built: 1958

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Public

Community & HOA

Community

Subdivision: Crescent Green

HOA

Has HOA: Yes
HOA fee: $350 annually

Location

Region: Cape Elizabeth

Financial & listing details

Price per square foot: $831/sqft
Tax assessed value: $616,000
Annual tax amount: $7,226
Date on market: 5/15/2026
Road surface type: Gravel, Dirt

Estimated market value

$614,000

$583,000 - $645,000

$2,440/mo

Price history

Date	Event	Price
7/11/2026	Price change	$650,000-7.1%$831/sqft
Source: Maine Listings #1662304 Report a problem
5/15/2026	Listed for sale	$700,000$895/sqft
Source: Maine Listings #1662304 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$13,761	$616,000
2023	$13,761 +213.2%	$616,000 +196.6%
2022	$4,393 +4.4%	$207,700
2020	$4,208 +2.9%	$207,700
2019	$4,088 +3.5%	$207,700
2018	$3,950 +5.6%	$207,700
2017	$3,739 +2.6%	$207,700
2016	$3,643 +3.9%	$207,700
2015	$3,506 +3.7%	$207,700
2013	$3,381 +2.8%	$207,700
2012	$3,290 +9.6%	$207,700 +5.1%
2011	$3,001 +51.1%	$197,700 +74.6%
2009	$1,986 +0.2%	$113,200 -0.4%
2008	$1,983 +9.7%	$113,700 +1.7%
2006	$1,807	$111,800