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00000 Shore Road, Cape Elizabeth, ME 04107

$3,400,000
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Featured Listing Active
LOT SIZE 14.250 acres MLS#1650944
STATUSActive PROPERTY TYPELand - Lot/Land

Property Description

This 14.25-acre parcel on Shore Road in Cape Elizabeth is indeed a rare and remarkable opportunity that is now on the market for the first time in over 120 years. Located directly across from the beach, Fort Williams Park, and the iconic Portland Head Light, this property offers prime access to scenic beauty and proximity to Portland's amenities ? including just a 20-minute drive to the Portland Jetport. Engineering for a 16-unit luxury condominium development has been completed, including studies covering stormwater, sewer, utilities, density, wetlands, traffic, soil, open space, and permitting from both the Army Corps of Engineers and the Maine DEP. At the final Planning Board review of this project, 35 of the 36 Findings of Fact were approved (see attached document). Next steps with this incredible parcel would be to revive the current development proposal or explore alternative uses such as private estates.

00000 Shore Road | MLS# 1650944

This land located at 00000 Shore Road, Cape Elizabeth, ME 04107 is currently listed for sale by Better Homes and Gardens Real Estate/The Masiello Group, with an asking price of $3,400,000. The property has approximately 14.25 Acres. Search Cape Elizabeth real estate on www.masiellogrouprealestate.com today.

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Property Features

Property Type: Land - Lot/Land
Lot Size: 14.25 Acres
Taxes: $15,881

Feature Descriptions

Electric: No Electric
Lot: Wooded, Near Golf Course, Near Public Beach, Near Town
Parking: No Driveway
Sewer: Public Sewer
Water: Public
Wooded: Yes

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Estimated Payment

$ 9,882.01 per month $7,566.93 Principal & Interest $1,323.42 Property Tax $991.67 Homeowner's Insurance

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