About This Home

This 2-bedroom, 3-bathroom single family at 55 Water Cove Road in Phippsburg, ME is listed for $1,195,000 ($494 per sqft). Built in 1992, the home offers 2,418 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1992
  • 0.31 acre lot
  • Fireplace
  • Waterfront

Property Details

2 full, 1 half
1-car garage
1992

Amenities

FireplaceWaterfrontA/C
Listing Description

Set along the rocky shoreline of Water Cove, this beautifully remodeled Phippsburg waterfront home offers the kind of Maine lifestyle buyers come here looking for—ocean views, boating access, nearby beaches and a home that is completely move-in ready.

The house has undergone a thoughtful, top-to-bottom renovation with quality materials, modern finishes and upgraded appliances throughout. Bright, comfortable living spaces take advantage of the water views, while the coastal setting creates an easy connection between indoors and out.

Step outside to the waterside deck and enjoy morning coffee, summer dinners or simply watch the activity on the cove. For boaters, one of the property's biggest attractions is access to a **shared deep-water dock**, providing a convenient starting point for exploring the surrounding coastline and Casco Bay.

Kayaking, paddleboarding and days on the water are quite literally outside your door. The location adds another dimension to the property. **Sebasco Harbor Resort and Golf Club** is nearby for golf, dining and recreation, while spectacular **Popham Beach** is just a short drive away.

Spend the morning on the water, the afternoon at the beach or golf course, and finish the day back home overlooking the cove. With the major work already completed, this is an opportunity to enjoy coastal Maine without taking on a renovation project.

Monthly Cost Estimate

$6,891/mo

20% down · 6.5% · 30 years

Principal$864
Interest$5,178
Insurance$349
HOA$500

Estimates only. Actual payments may vary.

Location

55 Water Cove Road

Phippsburg, ME 04562

Features & Amenities

Interior Features

Walk-in Closets1st Floor Primary Bedroom w/BathBathtub

Property Details

Flooring

Plank

Construction

Wood Frame Composition

Outdoor Features

Deck

Parking

Open

Heating

Heat Pump (Heating)BaseboardPropane (Heating)Hot Water(Heating)Electric (Heating)

Cooling

Heat Pump

Questions & Answers

This 2-bedroom, 3-bathroom single family at 55 Water Cove Road is listed at $1,195,000 ($494/sqft). The estimated monthly payment is $6,892 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $500/month.

Key features include: Built in 1992, 0.31 acre lot, Fireplace, Waterfront. Interior Features: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub.

This property is listed by Ronald Hutchins.

RH

Ronald Hutchins

Agent at Keller Williams Realty

Listed by Keller Williams Realty · Broker phone: (207) 879-9800 · View on Broker Site · Broker website

MLS# 1679257· Source: Maine Listings· 3 days on PropertySimple

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

55 Water Cove Road, Phippsburg, ME 04562

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