The Flip Potential of
3 Pheasant Hill Rd Cape Elizabeth, ME is medium.

This 4-bed, 2-bath, 1,950 sqft home in Cape Elizabeth is listed at $629K, which is notably lower than similar nearby properties that range from $783K to $866K for comparable size and features. The comp data shows a median sold price for 4-bed homes around $726K, with average price per sqft in the $346–$380 range, suggesting this home is attractively priced relative to the market. The area is highly desirable, with strong buyer demand and quick sales, as homes in Cumberland County typically go under contract in just 7 days[1][2].

If you’re a flipper, there’s moderate potential for profit, especially if minor cosmetic updates can push the value closer to neighborhood comps. For current homeowners considering a sale, focus on fresh paint, refinished floors, and staging to maximize appeal—Cape Elizabeth buyers pay a premium for move-in-ready homes. Don’t overinvest in major renovations; the market here rewards clean, well-presented listings more than deep rehabs.