Direct waterfront 2BR/1BA condo overlooking Cape Cod Bay with panoramic views from Provincetown to Wellfleet. Located in a 6 unit beachfront complex, this seasonal getaway (April 15-November 15) offers a rare combination of privacy, income potential, and natural beauty. The open living area features an updated kitchen with granite counters, a full-size refrigerator, electric stove, and sliders leading to a spacious waterfront deck where you can enjoy morning coffee, sunrises, and the sound of the waves just outside your door. The updated bath includes a tiled shower, while electric heat throughout adds comfort during cooler months. Step directly onto your private stretch of beach, launch a kayak, or moor your boat nearby. Strong established rental history, $65K+ income in 2025, and a loyal returning guest base. Plans, under revision, propose rebuilding and relocating the buildings approximately 20 ft back from the water to help preserve the long-term viability of this exceptional beachfront property and its spectacular setting. Unit includes 2 dedicated parking spaces. A true Cape Cod waterfront escape with exceptional investment potential. Owner financing for qualified buyers.
CondoProperty Type
1950Year Built
0.36 acresLot Size
$705Price/Sq.Ft.
$1,114/moHOA Dues
2 spacesParking
Listed by Joan Lenane• Gibson Sotheby's International Realty
Outer Cape, located between Cape Cod Bay and the Atlantic Ocean, is a coastal and conservation-minded Eastham neighborhood with dune-backed beaches and pine-scented trails. The neighborhood’s character concentrates around the Orleans–Eastham Rotary at US-6 and MA-6A, where roadside seafood shacks, bike-rental counters, and beach-day essentials set a salt-air tempo. Low-slung Cape cottages and shingled homes sit behind scrub oak, with long driveways and dark-sky nights. The Cape Cod National Seashore frames daily rhythms with Nauset Light Beach and Coast Guard Beach. The Cape Cod Rail Trail threads through town for car-free rides to ponds and bay flats. The Eastham Windmill and the Three Sisters Lighthouses keep local history in view.
Provided by Walk Score and Local Logic
Market insights
538 Shore Rd Unit 3 · $359,000
DAYS ON MARKET
64 days
The average home goes pending in 18 days.
SALE-TO-LIST
98.8%
Most homes are selling 1% below list price.
LIST PRICE
$359,000
Median sale price in this area is $408,310. (14% higher than this home)
PRICE DROP
3 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Tile floors
Electric water heater
Bathrooms
1 full bathroom
Flooring
Tile
Heating & cooling
Heating present
Cooling present
Other type of cooling
Exterior features
Private saltwater access to Cape Cod Bay
Public road frontage
Home design
Condominium
Attached property
Updated/remodeled
Built in 1950
Parking
2 parking spaces
Construction
Built in 1950
Utilities
Septic tank
HOA & community
Association with monthly fee
Association fee: $973 monthly
Association trash service
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Barnstable County
APN
7-7-3
Parking Spaces
—
Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 9, 2026.
R
Residential District
Residential Districts are intended to provide appropriate space for housing and associated uses for the people of the town. They should provide safety, good access, and the opportunity to enjoy the peace and beauty of the property and the Town.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Public service
Educational/school
Park & open space
Climate risks
8/10 Flood Factor
Estimated 80%+ chance 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
6/10 Heat Factor
7 days above 87° expected this year, 19 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
North Truro, MA • 02652
Average low and high temperatures (°F)
35
26
37
27
46
35
53
41
64
51
76
60
80
66
77
61
71
59
62
51
52
42
42
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 538 Shore Rd Unit 3
$352,244
$6,756 under list price of $359K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $260K to $750K.