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.
Closed
$812,500
7 Olde Colony Lane, Cape Elizabeth, ME 04107
3beds
1,900sqft
Single Family Residence
Built in 1967
0.63 Acres Lot
$840,400 Zestimate®
$428/sqft
$3,998 Estimated rent
Home value
$840,400
$773,000 - $908,000
$3,998/mo
Zestimate® history
Owner options
List your home for rent
$3,998/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,998/mo
Rent Zestimate®
Refinance and save
$5,088/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,088/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Ocean viewPollinator-friendly flowersFire pitTwo fireplacesHardwood floorsQuiet neighborhoodTent camping site
Zillow last checked:
Listing updated:
Listed by:
Sebago to the Sea Realty LLC
Bought with:
Sebago to the Sea Realty LLC
Source: Maine Listings,MLS#: 1639631
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Full Bath, Suite
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bonus room
- Features: Wood Burning Fireplace
- Level: Basement
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Features: Wood Burning Fireplace
- Level: First
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Primary Bedroom w/Bath
- Flooring: Carpet, Tile, Vinyl, Wood
- Basement: Interior Entry,Finished,Full
- Number of fireplaces: 2
Interior area
- Total structure area: 1,900
- Total interior livable area: 1,900 sqft
- Finished area above ground: 1,300
- Finished area below ground: 600
Property
Parking
- Total spaces: 2
- Parking features: Paved, 5 - 10 Spaces, Off Street
- Attached garage spaces: 2
Features
- Exterior features: Animal Containment System
- Body of water: Atlantic Ocean
- Frontage length: Waterfrontage Shared: 26
Lot
- Size: 0.63 Acres
- Features: Abuts Conservation, Neighborhood, Cul-De-Sac, Level, Landscaped
Details
- Parcel number: CAPEU09003018000
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Level
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Roof: Shingle
Condition
- Year built: 1967
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cape Elizabeth
- Subdivision: King's Grant
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $50 annually
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Sold | $812,500-4.3%$428/sqft |
Source:  Maine Listings #1639631 Report a problem | ||
| 10/17/2025 | Pending sale | $849,000$447/sqft |
Source: Maine Listings #1639631 Report a problem | ||
| 10/8/2025 | Price change | $849,000-3.5%$447/sqft |
Source: Maine Listings #1639631 Report a problem | ||
| 10/2/2025 | Listed for sale | $880,000+46.7%$463/sqft |
Source: Maine Listings #1639631 Report a problem | ||
| 12/15/2020 | Sold | $600,000+3.6%$316/sqft |
Source: Maine Listings #1471830 Report a problem | ||
| 10/7/2020 | Listed for sale | $579,000$305/sqft |
Source: Town & Shore Real Estate #1471830 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,716 | $703,500 |
| 2023 | $15,716 +141.9% | $703,500 +129% |
| 2022 | $6,497 +4.4% | $307,200 |
| 2020 | $6,224 +2.9% | $307,200 |
| 2019 | $6,046 +3.5% | $307,200 |
| 2018 | $5,843 +5.7% | $307,200 |
| 2017 | $5,530 +2.6% | $307,200 |
| 2016 | $5,388 +3.9% | $307,200 |
| 2015 | $5,186 +3.7% | $307,200 |
| 2013 | $5,001 +2.8% | $307,200 |
| 2012 | $4,866 +10.1% | $307,200 +5.5% |
| 2011 | $4,420 -5.7% | $291,200 +8.9% |
| 2009 | $4,688 +0.3% | $267,300 -0.3% |
| 2008 | $4,676 +8.6% | $268,100 +0.6% |
| 2006 | $4,307 | $266,500 |
Find assessor info on the county website
Neighborhood: 04107
Nearby schools
GreatSchools rating
- 10/10Pond Cove Elementary SchoolGrades: PK-4Distance: 1 mi
- 10/10Cape Elizabeth Middle SchoolGrades: 5-8Distance: 1.1 mi
- 10/10Cape Elizabeth High SchoolGrades: 9-12Distance: 1.3 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$840,400
2% more
+$16,808
With Zillow Showcase(estimated)
$857,208
- Maine
- Cumberland County
- Cape Elizabeth
- 04107
- 7 Olde Colony Lane
Nearby cities
Nearby zip codes
Other Cape Elizabeth Topics
