1 Crescent View Ave • Cape Elizabeth, Maine
7 Beds | 3 Baths | 3,438 Sq. Ft. | Main House ( 3 units) | Barn | 1.3 Acres | $2,950,000
Welcome to 1 Crescent View
Location - Location - Location. Located in one of Maine’s most desirable coastal communities, One Crescent View Avenue offers a rare combination of historic character, immediate livability, and extraordinary potential. Set on a quiet residential street, the property is a short walk to both Maine’s rocky coastline and its celebrated sandy beaches—Crescent Beach, Kettle Cove, and Two Lights State Park—placing some of the state’s most iconic landscapes right outside your door.
Privacy & Proximity. What makes this location especially compelling is its balance of privacy and proximity. The heart of Cape Elizabeth—with its top-rated schools, locally owned shops, and strong sense of community—is just five minutes away. Downtown Portland is reached in approximately 15 minutes, and Portland International Jetport in under 20, making this an easy home base for local, regional, or international owners. Income & Potential. The property is currently configured as a three-unit, owner-occupied multifamily with a historic post-and-beam barn, all set on a beautifully sited 1.3-acre lot. Mature oak trees, open lawn, and the natural rhythm of the land create a setting that feels both established and expansive. The home is fully livable as it stands, offering immediate use and income potential, while also presenting a wide range of future possibilities.
Today & Tomorrow. The existing layout includes a first-floor one-bedroom, one-bath unit adjacent to the barn; a first-floor unit in the main house with two to three bedrooms and one bath; and a second-floor unit featuring three bedrooms, an office, and one bath. The historic barn is a true standout—an authentic Maine structure offering a blank canvas for creative use, whether as studio space, guest quarters, event venue, or something entirely new. The Future. For those with vision, the opportunities here are exceptional. The property could be reimagined as three distinct condominium residences, with the main house, barn, and potential additional construction each standing on their own. There is also potential for accessory dwelling units, expanded long-term and short-term rental use, or a return to its original intent as a grand single-family farmhouse estate. The current owner has successfully operated Airbnb rentals, highlighting the strength of demand in this coveted coastal location.
One of a kind Opportunity. Rarely does a property offer this level of flexibility in such a prime setting. One Crescent View Avenue is not just a home, but an opportunity—equally compelling as a private residence, income-producing investment, redevelopment opportunity, or legacy property in one of Maine’s most sought-after coastal communities.

