489 Leisure Lane, Frye Island, ME 04071
- Date Added:
2025-05-16 05:08:02
- Property Type:
Residential
- Property Sub-Type:
Single Family Residence
- MLS #:
1622842
- Status:
Active
- Year Built:
1980
- Bedrooms:
6
- Bathrooms:
2
Description
Stunning Waterfront Cottage on Sebago Lake - Fully Furnished, Prime Rental Income! Experience lakeside living at its finest with this exceptional 6-bedroom, 2-bathroom cottage located directly on the shores of Sebago Lake. Boasting a sandy beach, private boat dock, and mooring, this reverse-design home offers breathtaking west-facing views and unforgettable sunsets over the White Mountains. The first floor features six comfortable bedrooms and two full baths, perfect for accommodating family and guests. Upstairs, a spacious open-concept great room combines the kitchen, dining, and living areas, all overlooking the sparkling lake through expansive windows. Ideal as a vacation home or an investment property, this cottage has a proven track record as a premium summer rental—fully booked from late June through mid-September at $5,000 per week. The home is being sold completely furnished, so you can start enjoying or renting it immediately. Located on beautiful Frye Island, you'll also enjoy access to a wealth of community amenities including: 15 sandy beaches Marinas Community center and playground Tennis, basketball, and 6 pickleball courts Swimming pool and community garden 9-hole golf course with driving range On-island café, general store, gift shop, and ice cream stand Don't miss this rare opportunity to own a turnkey lakefront property with incredible views, strong rental income, come, (the 2024 season had $57,620 in rentals and $51,000 in bookings for 2025 so far), and access to everything Frye Island has to offer.
Features
- Number of Rooms:
8
- Electric:
Circuit Breakers
- Water:
Public, Seasonal
- Heat System:
Baseboard
Property Features
- Style:
Contemporary, Cottage
- Roof:
Shingle
- Driveway:
Gravel
- Construction:
Wood Siding, Wood Frame
- Parking:
1 - 4 Spaces, Gravel, On Site
- SqFt Finished Above Grade:
1440
- Water Frontage:
Yes
Neighborhood Details
- County:
Cumberland
- Zoning:
ShoreLand
- Lot Size:
0.35 acres
Financials
- Listing Price:
$945,000.00
- Full Tax Amount:
$7464.6