60 Richmond Terrace, Cape Elizabeth, ME, 04107
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Electric Range,Washer
Basement
- Has basement: Yes
- Basement: Bulkhead,Exterior Entry,Full,Unfinished
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- 1st Floor Bedroom
- Flooring: Hardwood,Linoleum
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 782
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 782
- Total interior livable area: 782 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: CAPEU17024000000
- Zoning: RA
Features
- Has view: Yes
- View description: Scenic
- Waterbody name: Atlantic Ocean
Lot
- Lot size: 6,969 sqft
- Features: Abuts Conservation,Near Public Beach,Neighborhood,Corner Lot,Level
Parking
- Parking features: Paved,Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Ice Storm
- Coastal Flooding
- Hurricane
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance | $161 | $1,932 |
| Property Taxes | $1,254 | $15,048 |
| Electricity | $244 | $2,930 |
| Total | $4,945 | $59,340 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-11 | Price change | $650,000 |
| 2026-05-15 | Listed for sale | $700,000 |
For Sale by Agent
View on Zillow