Courtesy: Advisors Living, LLC
207-808-8333
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.
Cape Elizabeth is located in Maine. Cape Elizabeth, Maine has a population of 9,448. Cape Elizabeth is more family-centric than the surrounding county with 37.02% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Cape Elizabeth, Maine is $129,503. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Cape Elizabeth is 48.8 years.
The average high temperature in July is 78.4 degrees, with an average low temperature in January of 11 degrees. The average rainfall is approximately 49 inches per year, with 55.8 inches of snow per year.
