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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. Copy the video link: https://videotour. ai/view-video/86f18542-e3c3-40a9-a21a-4ec70e7c84c5
This year round home in Phippsburg sits just 86 feet from the Harbor with beautiful views of Casco Bay. Fabulous front gardens offer ample greenery year-round, with bursts of color spring and summer. Entertain friends and loved ones on the wraparound deck. Savor window-lined, light-filled living in the open living and dining area with Juliet balcony and gas fireplace. Efficient kitchen with granite countertops features partition cabinets for separate baking and cooking spaces. Sunroom with three season wet bar. Spiral staircase leads you downstairs where master suite, den, guest bedroom, laundry room, sunroom with walk-in closet await. Master suite with breathtaking water views features large closet, powder room, tub and separate large walk-in tiled shower. Picture windows abound on both the front and rear of this warm coastal home. Comes complete with attached one car garage, detached workshop shed and a garden shed, both with electricity and access to running water. Also includes a mooring with shared ownership of a deep water dock.
Year
Property tax
Land + Additions
Assessment*
2025
$5,671 (+4.8%)
$182,600 + $276,600
$459,200
2024
$5,409 (+3.0%)
$182,600 + $276,600
$459,200
2023
$5,253 (+13.0%)
$182,600 + $276,600
$459,200
2022
$4,647 (+11.2%)
$182,600 + $276,600
$459,200
2021
$4,179 (−0.4%)
$182,600 + $276,600
$459,200
2020
$4,197 (+21.1%)
$182,600 + $276,600
$459,200
2019
$3,466 (+1.1%)
$102,600 + $276,600
$379,200
2018
$3,428 (+1.9%)
$102,600 + $276,600
$379,200
2017
$3,364 (+3.1%)
$102,600 + $273,700
$376,300
2016
$3,264 (+1.9%)
$100,600 + $273,700
$374,300
2015
$3,204 (+9.8%)
$100,600 + $273,700
$374,300
2014
$2,918
$100,400 + $273,700
$374,100
Public record
Beds
4
Baths
3.5
Stories
3
Lot width
—
Lot depth
—
Lot size
2.32 Acres
Year renovated
—
Finished Sq. Ft.
1,008
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,008
Year built
1992
Style
Single Family Residential
County
Sagadahoc County
APN
483283
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 22, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 84° expected this year, 19 days in 30 years
6/10 Wind Factor
69% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Phippsburg, ME • 04562
Average low and high temperatures (°F)
29
16
32
15
41
28
50
37
60
46
71
56
75
61
74
57
69
54
59
45
49
34
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 21% for direct sun exposure in Phippsburg. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 55 Water Cove Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $610,000 and $1,250,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $610K to $1.3M.