551 Shore Road

Pending
Pending
551 Shore Rd
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1 - Bedroom
Unit 1 - Bedroom
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1 Deck
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2 - Bedroom 2
Unit 2 - Sunroom
Unit 2 - 3rd Floor Bedroom
Unit 3
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Unit 3 - Bedroom
Unit 3
Unit 3
551 Shore Road
551 Shore Road
551 Shore Road
551 Shore Road
551 Shore Road
551 Shore Road
Cliff House Beach
Cliff House Beach
Gallery Image 45
Gallery Image 46
Gallery Image 47
Contract Signed
$1,200,000
4,537 sqft
551 Shore Rd, Cape Elizabeth, ME 04107
Est: $7,435/moGet pre-approved
Multi FamilyProperty Type
0.24 acresLot Size
1875Year Built
$264/sq ftPrice per sq ft

Description

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...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.
49 days on Market
  • Listed by: James Mcfarlane Jr 207.712.4737 jimmymac@portsidereg.com • Portside Real Estate Group
Last updated: 09/17/2026 06:04 PM • Source: Maine Listings, MLS#: 1673890

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Listing Courtesy of Portside Real Estate Group
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$7,435 per month

30 year fixed, 6.71% Interest

Principal and Interest

$6,201

Property Taxes

$1,234

HOA Dues

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Property Information for 551 Shore Road

Property Details
  • Taxes: $14,807 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Architectural Style: Shingle
  • Has Waterfront: No
  • Waterfront Features: Nearby, Oceanfront, Public
  • Zoning: BA + RC
Building Information
  • Stories: 3
  • Residences: 3
  • Year Built: 1875
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • Water View: Yes
  • Page: 102
  • Zoning Overlay: No
  • Directions: From Portland take the Casco Bay Bridge into South Portland, continue onto Broadway, turn right onto Cottage Road, continue onto Shore Road, #551 is on the right.
  • Latitude: 43.633287
  • Longitude: -$70.23
  • Water Body Type: Ocean
  • Water Body Name: Atlantic
Taxes and HOA
  • Association: No
  • Parcel Number: CAPE-001007U
  • Tax Lot: 7
  • Tax Book Number: 34894
  • Tax Map Number: U01
  • Tax Year: 2026
  • Tax Annual Amount: $14,807.00
Parking
  • Parking Features: Paved, 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Near Public Beach, Near Shopping, Near Town, Level, Open Lot
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10454.4
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 4537.0
  • Building Area Total: 4537.0
  • Property Type: Multi-Family
  • Year Built: 1875
Building Features
  • Construction Materials: Wood Frame, Shingle Siding, Vinyl Siding
  • Stories: 3
Financial Information
  • List Price/SqFt: $264.49
Utilities
  • # Heating Units: 3
  • # Water Heaters: 3
  • Electric: Circuit Breakers
  • Gas: Natural - On Site
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Tank
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Amenities: 1st Floor Bedroom, Washer Hookup
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Fireplaces Total: 2
  • Laundry Features: Washer Hookup
  • Basement: Interior Entry, Full, Unfinished
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck, Porch
  • Has Cooling: No
  • Heating: Gas Natural, Steam
  • Has Heating: Yes
  • Flooring: Vinyl, Wood
  • Interior Features: 1st Floor Bedroom
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 1 BD Units: 1
  • # of 3 BD Units: 2
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $68,700.00
  • Operating Expense: $28,578.00
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 551 Shore Road

DateEvent & SourcePriceAppreciation
Sep 17, 2026

Pending

Maine Listings #1673890

—
Jul 29, 2026

Listed (Active)

Maine Listings #1673890

$1,200,000—
DateEvent & SourcePrice
09/17/2026

Pending

Maine Listings #1673890

—
07/29/2026

Listed (Active)

Maine Listings #1673890

$1,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 551 Shore Road

Taxable ValueLand$483,000Additions$779,300Total$1,262,300
Tax Record2025$14,807 ($1,234 / month)
Home Facts
Baths3Total Finished SqFt4,537 SqFtAbove Grade Finished SqFt4,537 SqFtStories2Lot Size10,454 SqFtStyleTriplexYear Built1875Year Renovated1875ZoningBACountyCUMBERLANDAPNCAPE U01007000000

Schools near 551 Shore Road

This home is within Cape Elizabeth Public Schools.
Rating
School
Type
Grades
Distance
Pond Cove Elementary School
Public - PK to 4
Cape Elizabeth Middle School
Public - 5 to 8
Cape Elizabeth High School
Public - 9 to 12
Spurwink School--S Portland
Private - 2 to 10
Rating
School
Distance
Pond Cove Elementary School
PublicPK to 4

Cape Elizabeth Middle School
Public5 to 8

Cape Elizabeth High School
Public9 to 12

Spurwink School--S Portland
Private2 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Portside Real Estate Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.