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Photo 1 of 3: 3_12 Reef Rd,_Morneau Studios
3_12 Reef Rd,_Morneau Studios
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12 Reef Road, Cape Elizabeth, ME 04107

Cumberland County

Key Facts

4Beds
3Baths
3,990Sq Ft
1952Year Built
1.10Lot (acres)
2Garage

Description

Perched on an elevated 1+ acre lot in the coveted Shore Acres neighborhood, this beautifully updated coastal home captures sweeping Atlantic Ocean views from nearly every room and multiple expansive decks. Thoughtfully renovated throughout, the home blends timeless coastal charm with modern comfort and exceptional indoor-outdoor living. Designed with entertaining in mind, the professionally appointed kitchen opens seamlessly to bright and spacious living areas; while extensive updates over the past several years make this property truly move-in ready. Recent improvements include new heat pump systems, updated bathrooms, beautifully refinished flooring, upgraded doors, rebuilt lower-level spaces, and extensive interior and exterior improvements. Outside, the transformation continues with a complete reimagining of the backyard oasis. Enjoy a sprawling lawn framed by mature oak trees, lush landscaping, extensive hardscape, a custom reclaimed redwood pergola, and a stunning salt water pool. A newly added east-side deck extends directly from the kitchen, creating the perfect setting for dining, relaxing, and taking in the ocean air. Located just steps from the neighborhood beach, this exceptional property offers privacy, beauty, and the very best of Maine coastal living. The views and setting are even more spectacular in person.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Contemporary / Cottage

Year Built

1952

Living Area

3,990 sq ft

Lot Size

1.10 acres

Garage Spaces

2

Zoning

residential

MLS® Listing#

1664143

Property Features

Interior

PantryStorageWalk-In Closet(s)

Appliances

DishwasherDisposalDryerMicrowaveElectric RangeRefrigeratorWasher

Cooling

Heat Pump

Heating

ElectricHeat Pump

Flooring

Wood

Basement

Interior EntryCrawl SpaceFullPartialUnfinished

Pool

In Ground

Parking

PavedOn SiteInside EntranceAttached

Laundry

Main Level

Patio

DeckPatio

Fencing

Fenced

Lot Features

Near Golf CourseLevelOpen LotLandscapedWooded

Construction

Shingle SidingFrame

Roof

Shingle

Other Structures

Shed(s)

Utilities

Propane

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$19,908

Tax year 2024

Parcel Number

CAPE-013004U

Directions

GPS is accurate

Affordability Calculator

$599,000

Estimated monthly payment

$15,941/mo

Principal $2,396,000 · Est. interest $3,342,633 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cape Elizabeth, ME

$1,000,000
Median Listing Price
80
Median Days on Market
2,305
Median Sq Ft
$532
Median Price / Sq Ft
50
Active Listings
  • This home’s price is 200% above the area median.
  • Its price per sq ft is 41% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cape Elizabeth, ME.

Location

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MREIS. MLS® Listing#1664143. © 2026EXIT Realty®. All rights reserved.