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489 Leisure Lane, Frye Island, ME 04071

Active
$945,000.00
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  • 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
Listing courtesy of Sunset Lakes Real Estate

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
This style property is located in Frye Island, is currently Active, and has been listed on Adams Real Estate. This property is listed at $945,000.00. It is 0.35 acres +/- and was built in 1980.

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2020 Maine Real Estate Information System, Inc. All Rights Reserved.

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