Welcome to Lady Cove House, a historic residence designed by renowned architect Alexander Wadsworth Longfellow and built in the early 1900s. Located at 62 Waites Landing, Falmouth Foreside's most coveted setting, this iconic estate offers over 5,995 sq.ft. of living space with 20 rooms, including 10 bedrooms, 6 bathrooms, and 7 fireplaces.
Once serving as naval officer quarters during World War II, this prominent home rests on a 2.16-acre lot with mature trees, generous lawn space, and a classic carriage house. True to its heritage, the property showcases period craftsmanship and architectural detail rarely found today.
Ownership includes exclusive deeded rights to the Waites Landing Waterfront Association, which grants access to a private sandy beach, dock, and mooring field—an extraordinary and rare opportunity in this coveted coastal enclave.
Adding to its appeal, the property is ideally located in close proximity to the Portland Country Club, Portland Yacht Club, and downtown Portland, offering a rare balance of historic charm, recreational lifestyle, and urban convenience.
While the home is in need of renovations and is being offered as-is, the potential is extraordinary. With its grand scale, historic pedigree, and premier location on Falmouth Foreside's most desirable shoreline community, Lady Cove House presents a rare opportunity to restore and reimagine a coastal estate of timeless significance.
Closed
$2,100,000
62 Waites Landing Road, Falmouth, ME 04105
10beds
5,995sqft
Single Family Residence
Built in 1904
2.16 Acres Lot
$2,122,000 Zestimate®
$350/sqft
$7,678 Estimated rent
Home value
$2,122,000
$1.95M - $2.31M
$7,678/mo
Zestimate® history
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$11,893/mo
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: October 27, 2025 at 01:05pm
Listed by:
Legacy Properties Sotheby's International Realty
Bought with:
Legacy Properties Sotheby's International Realty
Source: Maine Listings,MLS#: 1635446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Features: Balcony/Deck
- Level: Second
Bedroom 1
- Features: Wood Burning Fireplace
- Level: Second
Bedroom 2
- Features: Wood Burning Fireplace
- Level: Second
Bedroom 3
- Features: Wood Burning Fireplace
- Level: Second
Bedroom 4
- Level: Second
Bedroom 5
- Level: Second
Bedroom 6
- Level: Third
Other
- Level: Third
Other
- Level: Third
Other
- Level: Third
Other
- Level: First
Other
- Level: Second
Bonus room
- Level: Second
Den
- Features: Wood Burning Fireplace
- Level: First
Dining room
- Features: Wood Burning Fireplace
- Level: First
Great room
- Features: Wood Burning Fireplace
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Office
- Level: First
Other
- Level: First
Heating
- Hot Water, Steam
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate, Tile, Wood
- Basement: Exterior Entry,Crawl Space,Partial
- Number of fireplaces: 7
Interior area
- Total structure area: 5,995
- Total interior livable area: 5,995 sqft
- Finished area above ground: 5,995
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, 1 - 4 Spaces
- Garage spaces: 2
Features
- Has view: Yes
- View description: Scenic
- Body of water: Casco Bay
- Frontage length: Waterfrontage: 150,Waterfrontage Owned: 150,Waterfrontage Shared: 150
Lot
- Size: 2.16 Acres
- Features: Near Golf Course, Neighborhood, Level, Open Lot
Details
- Parcel number: FMTHMU06B005
- Zoning: RC
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: New Englander,Shingle
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding
- Foundation: Granite
- Roof: Shingle
Condition
- Year built: 1904
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Falmouth
- Subdivision: Waites Landing Waterfront Association
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,300 annually
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $2,100,000-29.9%$350/sqft |
Source:  Maine Listings #1635446 Report a problem | ||
| 10/14/2025 | Pending sale | $2,995,000$500/sqft |
Source: Maine Listings #1635446 Report a problem | ||
| 8/25/2025 | Listed for sale | $2,995,000$500/sqft |
Source: Maine Listings #1635446 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,924 +6% | $1,115,400 +0.1% |
| 2023 | $14,078 +6% | $1,113,800 |
| 2022 | $13,276 -21.3% | $1,113,800 +12.6% |
Find assessor info on the county website
Neighborhood: 04105
Nearby schools
GreatSchools rating
- 10/10Falmouth Elementary SchoolGrades: K-5Distance: 3.4 mi
- 10/10Falmouth Middle SchoolGrades: 6-8Distance: 3.3 mi
- 9/10Falmouth High SchoolGrades: 9-12Distance: 3.4 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,122,000
2% more
+$42,440
With Zillow Showcase(estimated)
$2,164,440
- Maine
- Cumberland County
- Falmouth
- 04105
- 62 Waites Landing Road