115 Perkins Cove is a versatile four-unit mixed-use waterfront property. It includes a three-bedroom, 2.5 bath penthouse spanning the upper two levels, a ground-level oceanfront studio, and two street-level commercial units. The Penthouse is entered on the lower of its two levels, which includes a primary suite with a fireplace, full bathroom and ocean views. A second bedroom, another full bathroom and a third bedroom currently configured as a living room complete this level. Upstairs, the kitchen, dining area, fireside sitting area and sprawling water views come together in an open-concept layout. This level provides dual outdoor spaces: a deck facing the ocean and a larger deck overlooking Perkins Cove, suitable for outdoor dining and entertaining. The studio has its own entrance, deck, and fireplace, allowing it to serve as private guest accommodations or separate rental. The two commercial spaces, which are currently leased, provide a predictable and additional source of income. While not historically operated as full-time rentals, the penthouse and studio have seller-projected annual gross ST revenue of 250k - 310k. Projections are provided for informational purposes only and should be independently evaluated. Located in the heart of Perkins Cove, the property is surrounded by galleries, restaurants, shops, boat excursions and the Marginal Way, with Ogunquit's beach, village center and the Playhouse nearby. The property may be purchased separately, or together with one or both neighboring properties at 113 and 117 Perkins Cove Road. An owner could continue using the residential and commercial spaces to generate income or occupy the main residence while renting the studio and two commercial spaces. The property also offers potential for a different configuration or use over time, subject to applicable approvals. Rental history & projections available upon request.
This oceanfront pearl, needs to be polished! Located in highly sought area of Perkins Cove, famous for shops, scenery, and its fishing fleet. Building will need updating and cosmetic work, but if used seasonally, will maximize your investment. Grandfathered uses include 2 retail shops and 3 studio sytled apts. with great views!
MREIS #923276
Feb 27, 2009
Listed
$1,195,000
$405/sq ft
MREIS #916124
Nov 13, 2008
Listed
$1,490,000
$505/sq ft
MREIS #890078
May 3, 2008
Listed
$1,490,000
$505/sq ft
MREIS #858968
Jul 20, 2007
Listed
$1,490,000
$505/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,717 (+4.2%)
$1,345,500 + $395,500
$1,741,000
2024
$11,247
$1,345,500 + $395,500
$1,741,000
2023
$11,247 (+2.2%)
$1,345,500 + $395,500
$1,741,000
2022
$11,003 (−3.3%)
$1,345,500 + $395,500
$1,741,000
2021
$11,375 (+1.8%)
$961,100 + $436,300
$1,397,400
2020
$11,179
$961,100 + $436,300
$1,397,400
2019
$11,179 (+18.5%)
$961,100 + $436,300
$1,397,400
2014
$9,432
$800,900 + $414,500
$1,215,400
Public record
Beds
3
Baths
4.5
Stories
3
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,556
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,556
Year built
2009
Style
Multi-Family (2-4 Unit)
County
York County
APN
154392
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Mar 23, 2026.
Historical weather
Ogunquit, ME • 03907
Average low and high temperatures (°F)
32
15
35
15
46
28
54
37
64
47
76
57
81
62
78
57
73
53
62
42
51
33
37
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 115 Perkins Cove Rd
$3,390,091
$109K under list price of $3.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $925K to $3.5M.