38 Cove Lane, Union, ME, 04862
About This Home
Come experience the serenity of living year-round as you are tucked into a quiet cove along the shores of Seven Tree Pond. Wake up to the loons and geese singing their praise for the day and fall asleep to the frogs' rhythmic tones. This sweet home is located on the edge of the pond offering the perfect location for all your water needs! Swimming, boating and fishing during the summer and ice fishing or snowshoeing in the winter are all available for you to enjoy. Living on a lake comes with all the items to store during the winter months and this property includes an added bonus not typically found on the water, a large, insulated gambrel garage! The garage boasts parking for two vehicles with room for tools or fun lake toys! Upstairs in the garage you will find a beautifully finished space offering expansive storage with custom cabinetry. Several beautiful flower gardens add to the special feel this property exudes. Being in Union offers you quick access to the Common Market as well as local restaurants. The coastal towns of Camden and Rockland are a short drive offering more restaurants, shopping, and museums.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1971
Materials
- Foundation: Poured Concrete
- Roof: Shingle
- Construction materials: Wood Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Refrigerator
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: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 868
Heating & Cooling
- Heating features: Direct Vent Heater
- Cooling features: None
Interior Area
- Total structure area: 868
- Total interior livable area: 868 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: UNNNM030L020
- Zoning: Shoreland
Features
- Has view: Yes
- View description: Fields,Mountain(s),Scenic,Trees/Woods
- On waterfront: Yes
- Waterbody name: Seven Tree Pond
- Frontage length: Waterfrontage: 75,Waterfrontage Owned: 75
Lot
- Lot size: 0.38 Acres
- Features: Neighborhood,Open Lot,Right of Way,Rolling Slope,Landscaped,Wooded
Parking
- Total spaces: 2
- Parking features: Gravel,1 - 4 Spaces
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Strong Wind
- Hurricane
- Landslide
- 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 | $3,130 | $37,560 |
| Home Insurance | $189 | $2,268 |
| Property Taxes | $915 | $10,980 |
| Electricity | $244 | $2,930 |
| Total | $4,478 | $53,736 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-13 | Listed for sale | $650,000 |
| 2026-01-07 | Listing removed | $699,000 |
| 2025-07-22 | Price change | $699,000 |
| 2025-05-27 | Listed for sale | $730,000 |
| 2014-09-18 | Sold | $188,000 |
| 2014-03-13 | Listed for sale | $199,999 |
| 2013-12-01 | Listing removed | $249,900 |
| 2013-04-26 | Listed for sale | $249,900 |
| 2012-06-26 | Listing removed | $269,000 |
| 2012-01-15 | Price change | $269,000 |
| 2011-06-29 | Listed for sale | $289,000 |
| 2002-11-01 | Sold | $145,000 |
For Sale by Agent
View on Zillow