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Bean Group
Offered at $1,195,000Active
beds
2
baths
3
sq ft
2,418
Built
1992

55 Water Cove Road

Phippsburg, ME 04562

About this home

Set along the rocky shoreline of Water Cove, this beautifully remodeled Phippsburg waterfront home offers the kind of Maine lifestyle buyers come here looking for—ocean views, boating access, nearby beaches and a home that is completely move-in ready. The house has undergone a thoughtful, top-to-bottom renovation with quality materials, modern finishes and upgraded appliances throughout. Bright, comfortable living spaces take advantage of the water views, while the coastal setting creates an easy connection between indoors and out. Step outside to the waterside deck and enjoy morning coffee, summer dinners or simply watch the activity on the cove. For boaters, one of the property's biggest attractions is access to a **shared deep-water dock**, providing a convenient starting point for exploring the surrounding coastline and Casco Bay. Kayaking, paddleboarding and days on the water are quite literally outside your door. The location adds another dimension to the property. **Sebasco Harbor Resort and Golf Club** is nearby for golf, dining and recreation, while spectacular **Popham Beach** is just a short drive away. Spend the morning on the water, the afternoon at the beach or golf course, and finish the day back home overlooking the cove. With the major work already completed, this is an opportunity to enjoy coastal Maine without taking on a renovation project.

Listing last checked: Listing updated:

Listed by Listing Agent · Keller Williams Realty · MLS #1679257

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Electric, Propane, Baseboard, Heat Pump, Hot Water
Cooling
Heat Pump
Flooring
Wood
Fireplaces
1
Building5 property facts
Style
Single Family Residence
Year built
1992
Garage
1
Foundation
Poured Concrete
Roof
Membrane
Land & utilities5 property facts
Lot size
0.31 acres
Water
Well
Sewer
Private Sewer
Waterfront
Y
Zoning
Shoreland
Financial3 property facts
Annual taxes
$5,671
Assessment year
2025
HOA fee
$500 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $1,195,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,515 / monthAdjust
Principal & interest
$6,043
Property tax
$473
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,671. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $500. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 55 Water Cove Road

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Request a tour of 55 Water Cove Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.