Reverie Cove has both architectural and social significance on Mount Desert Island and was entered onto the National Register of Historic Places on February 19, 1982 —and again on July 22, 2009 as a part of the Harbor Lane-Eden Street Historic District nomination . Its architectural significance extends from its survival as one of Fred Savage’s (a local architect with hundreds of projects on Mount Desert Island) summer cottages; and, its social significance from the original owner’s (Dr. John Jones) family relations .
Fred Savage was a Mount Desert Island native who lived and worked in the area for most of his life  and completed hundreds of projects on the island . Savage is important to the evolution of Bar Harbor and Mount Desert Island architecture because of his role in “defining” the cottage era on the island . While shingle style architecture is often associated with Savage’s fame, he also had many projects expressing the colonial revival architecture seen in Reverie Cove . Savage’s work on Reverie Cove is thought to be both his first major summer cottage project  and some of the best overall summer-cottage work (especially using the colonial revival style) .
The extended family of Reverie Cove’s original owner gives the cottage an unusual link to a small part of our nation’s social history. Dr. Jones was an internationally known agriculturalist , but his daughter Martina’s marriage to the Marchese Giuseppe Lanza d’Aneta of Italy is believed to be one of many marriages at a time when American women married foreign high-society members in business-type arrangements . Though the marriage’s motives are unknown, it was revealed in Mrs. Jones’ will that she paid $100,000 (approximately equivalent to $2.4 million today ) to marry the marchese .
By Marisa Higgins
 National Register of Historic Places. Reverie Cove, Bar Harbor, Maine. National Register #82000743.
 National Register of Historic Places. Harbor Lane – Eden Street Historic District, Bar Harbor, Maine. National Register #09000550.
 Register #82000743.
 Register #82000743; “Architectural Drawing & Early Sketches of Fred L. Savage: Drawings from the Gerrish Collections”. Mount Desert Island Historical Society. accessed October 31, 2015. http://mdihistory.org/exhibits/htdocs/vex4/index.htm; Roths, Jaylene B. “Fred Savage, The Cottage Builder.” The History Journal of the Mount Desert Island Historical Society II (1999): 38-53. http://mdihistory.org/wp-content/uploads/1999-Fred-Savage_ocr.pdf.
 Roths 1999; Edgecomb, Misty. “Savage beauty; Northeast Harbor native was MDI’s most prolific architect.” Bangor Daily News. April 16, 2002. http://archive.bangordailynews.com/2002/04/16/savage-beauty-northeast-harbor-native-was-mdis-most-prolific-architect/.
 Roths 1999; Register #09000550.
 Edgecomb 2002.
 Register #09000550.
 Register #82000743.
 The New York Times. “$100,000 to Marry Marquise: Disclosed by Will of Mother of Marchesa Lanza d’Aneta.” Oct. 10, 1913. http://query.nytimes.com/mem/archive-free/pdf?res=9D05E0DD1E3BE633A25753C1A9669D946296D6CF.