This home's estimate is 27.5% lower than the average sale price ($1.18M) of 6 comparable homes.
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55 Water Cove Rd, Phippsburg, ME 04562
About this home
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.
Redfin Estimate
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Market trends in 04562, ME
Last updated July 2026
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Provided by Redfin
Sale history for 55 Water Cove Rd
$196/sq ft
$207/sq ft
Tax history for 55 Water Cove Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Garage
- Attached Garage: Yes
- # of Garage Spaces: 1
- Parking Features: Heated, 1 - 4 Spaces, Common, Inside Entrance
- Vehicle Storage: 1 Car, Attached, Direct Entry to Living, Heated
Interior
- Bathroom Information
- # of Baths (1/2): 1
- # of Baths (Full): 2
- Interior Features
- # of Rooms: 6
- Interior Features: Primary Bedroom w/Bath
- Flooring: Wood, Tile, Carpet
- Fireplace Information
- # of Fireplaces: 1
- Has Fireplace
Exterior
- Building Information
- Construction Materials: Wood Siding, Shingle Siding, Wood Frame
- Foundation Details: Slab
- Total Building Area (Sq. Ft.): 2,418
- Building Area Source: Seller
- Exterior Features
- Other Structures: Outbuilding
- Property Information
- Property Sub Type: Single Family Residence
- Year Built: 1960
- Above-Grade Finished Area (Sq. Ft.): 2,418
- Lot Information
- Lot Size (Sq. Ft.): $13,503.60
- Lot Size (Acres): 0.31
- Lot Size Source: Public Records
- Lot Features: Level, Near Golf Course, Near Public Beach, Neighborhood, Rural
- Zoning: 17
- Waterfront Information
- Waterfront: Yes
- Water Body Name: New Meadows Harbor on Casco Bay
- Water Body Type: Bay, Harbor
- Water View: Yes
- Subdivision Information
- Subdivision Name: Water Cove Road Association
Financial
- Tax Information
- Annual Tax Amount: $2,978
- Tax Year: 2020
Utilities
- Utility Information
- Has Heating
- Heating: Hot Water, Direct Vent Furnace, Baseboard
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water Source: Private
- Water Heater: Off Heating System
Location
- HOA Information
- Has Association
- Association Fee: $300
- Association Fee Frequency: Annually
- Location Information
- Unparsed Address: 55 Water Cove Road, Phippsburg, ME 04562
Public facts
- Beds: 4
- Baths: 3.5
- Sq. Ft.: 1,008
- Stories: 3.0
- Lot Size: 2.32 acres
- Style: Single Family Residential
- Year Built: 1992
- Year Renovated: —
- County: Sagadahoc County
- APN: 483283
Around this home
Schools
Public PreK-5 • Assigned • 4.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 84° expected this year, 19 days in 30 years
69% chance of strong winds in next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 8.2 hours in June and 3.9 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 04562
Home values near 55 Water Cove Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 748 Sq. Ft. | $613,778 |
4 Beds | 1.5 Baths | 900 Sq. Ft. | $553,113 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2800 Sq. Ft. | $1,917,241 |
2 Beds | 1 Baths | 992 Sq. Ft. | $411,347 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1484 Sq. Ft. | $531,187 |
2 Beds | 2 Baths | 360 Sq. Ft. | $363,825 |
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