196 Ocean House Road

Cape Elizabeth, ME 04107

MLS ID# 1559696 Active

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$1,795,000

2 parking spaces

4943 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details
• Virtual Tour 1
• Virtual Tour 2
• Virtual Tour 3
• Video 1

Description

Open House Thursday, May 25 from 4-6pm! Rare opportunity to own a legal 3 unit in coastal Cape Elizabeth comprised of a stunning 4 Bedroom main home with two 1BR ADU's! Currently used as a Single Family, this stunning home was designed by architect Frederick A. Thompson for Howard C. Hannaford in 1914. Perched high atop a generous 1.4 acre parcel of land, the property has undergone a 500K+ massive renovation inside and out. New exterior improvements include full lawn replacement, irrigation, extensive landscaping and hardscaping, new roof, gutter and drainage system, exterior paint and chimney work. Interior shines from meticulous care and restoration of period details, with soaring 10 foot ceilings, incredible millwork, dentil moldings, wood-pressed wallpaper, numerous built-ins and 4 working fireplaces, polished quarter sawed oak floors throughout. Extensive work to the interior includes new windows, Buderus boiler, hot water heater, multi-zones, all updated electrical wiring and circuit breakers, spray foam insulation and much more. Step through a gracious entryway leading to a large living room with coffered ceiling, lovely formal dining room, a handsome library/sitting room. Also on the 1st floor is a 1 BR ADU with a separate living room & kitchen. The 2nd ADU is located on the second floor and has a separate entrance. The basement and attic are great bonus areas that could easily be fully finished for more living space. . This incredible home also is located in a prime location - Less than 2 minutes to Cape Elizabeth's award-winning schools, under 6 minutes to both Fort Williams Park and Crescent Beach, and 13 minutes to Portland's Old Port. Book your private showing today. See also MLS #1559077. Open House Thursday, May 25 from 4-6pm! Rare opportunity to own a legal 3 unit in coastal Cape Elizabeth comprised of a stunning 4 Bedroom main home with two 1BR ADU's! Currently used as a Single Family, this stunning home was designed by architect... show more

Location Information

• Street # 196
• Street Name Ocean House
• Street Type Road
• County Cumberland
• Town Cape Elizabeth
• State/Province ME
• Zip Code 04107
• Zip +4 2041
• Leased Land No
• Book 39282
• Page 46
• Map u24
• Lot 37
• Zoning RC
• Zoning Overlay No
• Tax ID CAPE-024037U
• Association No
• Full Tax Amount 8496
• Tax Year 2023

Property Information

• Surveyed Yes
• Seasonal No
• Deed All
• Number of Units 3
• Total Baths 5
• Total Full Baths 3
• Total Half Baths 2
• Color Light Gray
• Year Built 1914
• SqFt Finished Above Grade 4943
• SqFt Finished Below Grade 0
• SqFt Finished Total 4943
• SqFt Source Appraiser
• Garage Yes
• Garage Spaces 2
• Lot Size Acres +/- 1.4
• Source of Acreage Public Records

Compensation & Misc Info

• Buyer Agency 2.5%

Directions

Ocean House Road in between Oakwood Rd and Clinton Rd.

Details

• Site

  Open, Well Landscaped

• Roads

  Paved, Public

• Transportation

  Major Road Access, Near Airport, Public Transport Access

• Water Info

  No Water Frontage, No Water View

• Recreational Water

  Nearby

• View

  Scenic

• Income & Expenses

  Gross Income:120000, Operating Expenses:6179

• Units

  # of 1 BD Units:2, # of 2 BD Units:0, # of 3 BD Units:0, # of 4+ BD Units:1

• Unit 1

  No Lease, Level:First, No Security Deposit, Monthly Rent:7000, # Full Baths:1, # of Half Baths:2, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  No Lease, Level:First, No Security Deposit, Monthly Rent:1600, # Full Baths:1, # Half Baths:0, No Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, Electric, Heat, Range, Refrigerator, Sewer, Water

• Unit 3

  No Lease, Level:Second, No Security Deposit, Monthly Rent:1400, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, Heat, Range, Refrigerator, Sewer, Water

• Style

  Federal

• Construction

  Steel Frame, Wood Frame

• Basement

  Daylight, Full, Unfinished, Walkout Access

• Basement Entry

  Interior, Walk-Out

• Foundation Materials

  Poured Concrete, Stone

• Exterior

  Wood Siding

• Roof

  Shingle

• Heat System

  Baseboard, Radiator, Steam, Stove

• Heat Fuel

  Oil

• Water Heater

  Off Heating System, Tank

• Cooling

  None

• Floors

  Laminate, Tile, Vinyl, Wood

• Amenities

  Attic, Bathtub, Deck, In-Law Apartment, Porch, Shower, Walk-in Closets

• Equipment

  Internet Access Available

• Energy Efficiency

  Double Pane Windows, High Efficiency Water Heater, Storm Windows

• Driveway

  Concrete

• Parking

  5 - 10 Spaces, On Site

• Vehicle Storage

  2 Car, True

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public