Cape Elizabeth Homes under $600,000

Welcome to Cape Elizabeth, Maine, a picturesque coastal town that perfectly blends natural beauty with a welcoming community spirit. Nestled in Cumberland County, this charming enclave is renowned for its stunning ocean views, sandy beaches, and rich historical heritage. With a population of around 9,000 residents, Cape Elizabeth offers a small-town atmosphere while being just a short drive from the vibrant city of Portland.

One of the most appealing aspects of Cape Elizabeth is its diverse real estate market, particularly for those seeking homes under $600,000. Here, you can find a variety of properties that cater to different lifestyles, from cozy single-family homes to charming condos. Many of these homes boast beautiful gardens, spacious yards, and easy access to the town’s scenic parks and trails, making them perfect for families, retirees, and outdoor enthusiasts alike.

Cape Elizabeth is also home to several renowned landmarks, including the iconic Portland Head Light, one of the most photographed lighthouses in the country. Residents enjoy a plethora of recreational activities, from hiking along the breathtaking coastline to exploring the local art scene and dining at delightful seaside restaurants.

Whether you’re looking for a peaceful retreat or a vibrant community to call home, Cape Elizabeth offers an exceptional quality of life. With homes available under $600,000, now is the perfect time to explore the opportunities this enchanting town has to offer. Discover your dream home in Cape Elizabeth and experience the charm of coastal living in Maine!

Newest Cape Elizabeth Homes under $600,000

$535,000

3 Beds ⋅ 2 Baths

Welcome to 17 Oakwood Road, a classic Cape Elizabeth ranch tucked away on a quiet dead end street. The main level offers comfortable bedroom space and an easy, functional layout that allows for convenient first floor living, highlighted by a welcoming living room with a fireplace that adds warmth and character. A recently renovated lower level provides a substantial amount of flexible finished space, with room for guests, a home office, recreation area, gym, media room, or a combination of uses. Outside, the property opens to a surprisingly large and private backyard with plenty of room to relax, entertain, garden, or simply enjoy the peaceful setting. A spacious deck creates a natural extension of the living space during the warmer months. Cape Elizabeth offers a rare combination of coastal living, strong community amenities, and easy access to Portland. From Oakwood Road, Robinson Woods is close by, while beaches, parks, schools, and everyday conveniences are all within easy reach. It is a location that feels tucked away without feeling removed. With three bedrooms, a fireplace, a large renovated lower level, and a generous private backyard, 17 Oakwood Road offers an uncommon amount of space and flexibility for Cape Elizabeth at this price point. The property presents a compelling opportunity in one of Southern Maine's most sought after communities.

17 Oakwood Road Cpe, Cape Elizabeth

Listing courtesy of Keller Williams Realty. 207-699-6965

$565,000

3 Beds ⋅ 1 Baths

Say hello to 7 Farm Hill Road, a classic Cape sitting pretty on a sunny lot in one of Cape Elizabeth's easiest neighborhoods to call home. This one's been updated with the upgrades that matter most, so you can skip the boring-but-necessary stuff and put your energy into making it yours: a new gas heating system, updated plumbing and electrical, and a new roof. Downstairs you've got a bright living room, an eat-in kitchen with stainless appliances, two bedrooms, and a full bath, so one-level living is right there if you want it. Off the kitchen, an enclosed porch (call it a mudroom if you like) makes for a great everyday entry and opens straight out to the backyard. Head upstairs and you'll find a third bedroom plus a little extra room that's ready to become a home office, a reading nook, or whatever creative corner you've been dreaming about. Out back, there's space to garden, play, or just soak up some fresh air, with raised beds already in and waiting for you. The detached one-car garage, built in 2018, gives you room for storage and then some. You're just minutes from Cape Elizabeth's schools, beaches, and town center, so all the good stuff is close by. This is a lovely chance to settle into the charm and ease of one of Maine's most loved coastal towns.

7 Farm Hill Road Cpe, Cape Elizabeth

Listing courtesy of Portside Real Estate Group.

$475,000

2 Beds ⋅ 1 Baths

Located on a lovely side street in Cape Elizabeth, this 2 bedroom, 1 bath condo is a must see. The bright and airy living space features large windows that let in plenty of natural light, while the updated kitchen boasts modern appliances and a dining area for guests. The cozy bedrooms offer a tranquil retreat, and the private outdoor space is perfect for morning coffee or evening relaxation. With easy access to local shops and beautiful coastal trails, this condo provides the ideal blend of comfort and convenience.

51 Woodland Rd Unit 7, Cape Elizabeth

Listing courtesy of The Maine Real Estate Experience.

$535,000

2 Beds ⋅ 1 Baths

Welcome to 10 Pleasant Ave located in a very desirable Cape Elizabeth neighborhood. Renovated in 2023 this 2 bedroom ranch style home features hardwood floors, stainless steel appliances, full basement and a 1 car garage. Located within minutes to local beaches, State Parks, Cape Elizabeth trail system and local farm stands.

10 Pleasant Ave, Cape Elizabeth

Listing courtesy of RE/MAX Oceanside.

$549,000

6 Beds ⋅ 2 Baths

This is a rare opportunity to own a 6 bedroom 2 bath Cape in a convenient Cape Elizabeth location close to the town center, schools, shops and local amenities. Fresh interior paint gives the home a bright, refreshed feel and provides a great starting point for its next owner. The flexible floor plan offers two bedrooms on the first floor, while the dormered second floor features four additional bedrooms with a comfortable and functional layout. An oversized one car garage provides plenty of room for parking, storage and gear. With some flooring updates and a kitchen ready for a buyer's personal touch, this home offers a wonderful opportunity to make it your own while building value in one of Cape Elizabeth's most convenient locations.Elizabeth's most convenient locations.

4 Farm Hill Road Cpe, Cape Elizabeth

Listing courtesy of RE/MAX Oceanside.

$429,000

2 Beds ⋅ 2 Baths

Welcome to this charming 2BR/1.5BA condo in Cape Elizabeth where comfort, character, and location come together. Whether you're looking for a full-time home, a weekend retreat, or a simpler way to enjoy coastal Maine, this inviting condo makes it easy to embrace the lifestyle you've been looking for. The living room features beautiful wood floors and large built-in bookcases, adding warmth, character, and plenty of space to showcase your favorite books and treasures. The bright U-shaped kitchen is both cheerful and functional, with an efficient layout that makes cooking and entertaining a breeze. Step outside through the back slider to discover a nice patio overlooking a lovely, quiet backyard—a peaceful spot for morning coffee, al fresco dining, or just relaxing at the end of the day. A one-car garage adds valuable storage and convenience, especially during Maine's winter months. And then there's the location! You're close to Cape Elizabeth's spectacular beaches and state parks, along with local restaurants, shops, and a nearby golf course. When you're ready for a little city energy, downtown Portland is just a short drive away, putting world-class dining, arts, entertainment, and shopping within easy reach. A charming home, a peaceful setting, and the best of coastal Maine right outside your door—what's not to love? This home has even been pre-inspected for the buyer's convenience. Seller Concessions Available. For a video walk-thru go to YouTube and enter the property address.

5 Starboard Dr Unit 5, Cape Elizabeth

Listing courtesy of Keller Williams Realty.

$379,000

3 Beds ⋅ 1 Baths

Great value for this Elizabeth Park Cape Cod-style, three bedroom house, one block from the Cape Elizabeth schoool complex. Its the first time on the market since 1971. It's rare a three-bedroom house goes on the market in Cape Elizabeth under $400,000. It's not going to last long...

3 Farm Hill Road Cpe, Cape Elizabeth

Listing courtesy of EXP Realty.

$550,000

3 Beds ⋅ 2 Baths

An opportunity to make Cape Elizabeth home, this inviting three-bedroom Cape pairs thoughtful updates with a location that puts some of Maine's most celebrated coastal scenery and outdoor destinations within easy reach. From days at Crescent Beach and exploring the trails at Turkey Hill Farm Nature Preserve to taking in the ocean views, historic landmarks, and expansive grounds at Fort Williams Park, this is a location that makes it easy to enjoy the best of Cape Elizabeth throughout the seasons. At home, a bright interior and flexible two-level layout create a comfortable backdrop for everyday living. The remodeled kitchen has been refreshed with granite countertops, new cabinetry, and new flooring, offering a clean, updated space with plenty of functionality. Hardwood flooring brings warmth throughout much of the home, while the modernized full bathroom adds another polished update. Updated roof shingles complement these improvements, adding another practical enhancement to the home. One of the home's three bedrooms is located on the first floor, along with the full bathroom, while two additional bedrooms and a half bath are upstairs--providing flexibility for bedrooms, guests, an office, or other needs. Outside, a side deck extends the living space outdoors, while the backyard firepit area offers a welcoming spot to gather and unwind. A shed provides convenient storage, and the spacious basement offers even more room for storage with potential to create additional usable space over time. With its updated interior, versatile layout, and proximity to beaches, trails, nature preserves, parks, and Cape Elizabeth's distinctive coastline, this home offers a chance to put down roots in a community known for its natural beauty and quintessential Maine setting.

19 Grover Road Cpe, Cape Elizabeth

Listing courtesy of Keller Williams Realty. scottandsunny@kw.com

$550,000

2 Beds ⋅ 2 Baths

Charming home with history, character, and incredible potential in desirable Cape Elizabeth. The town lists the property as a 2BR, but the home features three upstairs rooms currently used as bedrooms, plus a first-floor bonus room, half bath, and laundry. Enjoy a three-season porch overlooking the fields, along with a private backyard abutting the Greenbelt Trail. An attached barn/workshop and small attached garage provide great space for hobbies, storage, or projects. Energy-conscious buyers will appreciate the solar panels and standby generator. Located less than a mile from local beaches, This unique property combines flexible living, coastal charm, and a special location, perfect for someone ready to put their touch on a home with personality and potential.

52 Two Lights Road Cpe, Cape Elizabeth

Listing courtesy of Keller Williams Realty.

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