CAPE ELIZABETH – Today, one could not build a home this close to this water. So this splendid oceanfront home, built in 1978 but thoroughly renovated in recent years, represents a rare opportunity to live on the very edge of Maine’s rocky coast.

Tucked in off Shore Road, the house sits on what is essentially its own little 0.45-acre peninsula, very near the center of the panoramic magnificence that is Pond Cove, and has 200 feet of deep waterfront.     

Naturally, the home is designed to offer an ocean view from almost every window. The huge master bedroom enjoys views from bay windows on both sides – cove to the northeast, shipping channel and ocean to the southeast. The cathedral-ceiling great room with gas fireplace, the deck, and the dining room are directly ocean-facing; the gorgeous kitchen overlooks the broad cove.

The highlight of the daylight, walkout, finished lower level may be its screened porch, which is elevated above the rocks, and even inrushing water, on the stormiest days. On a sunny summer day, the porch is as fine an oceanfront relaxing-and-dining spot as can be imagined.

The greater part of the lower level is open, and includes a fourth bedroom near the porch, a wood stove on a granite hearth, and a raised area with counter and cabinetry for a kitchenette. Bedrooms two and three are at the rear, past a full bath off the hall.

The property comes with a great bonus: A separate, remodeled, one-bedroom home of about 600 square feet, its living room facing out to the water. Perfect for guests or in-laws, the house has its own driveway and parking, and would generate significant income as a weekly or monthly rental. 

The 2,200-square-foot home at 1122 Shore Road, Cape Elizabeth, is listed for sale at $1,695,000 by Thomas Gadbois of F.O. Bailey Real Estate in Falmouth. Taxes are $21,829 (2016).

For more information or to arrange a viewing, please contact Thomas at 409-8339, 781-1111, or at tom@fobailey.com.

The Home of the Week is produced by the Marketing Department of the Maine Sunday Telegram. Photos by Nicholas LaRiveriere, Firefly Aerial Solutions. Please send feature home suggestions to jrolfe@pressherald.com.