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  • $500,000

    1 Ossipee Lake Island, Waterboro, ME 04030

    1beds
    487sqft
    Single Family Residence
    Built in 1950
    3,920 Square Feet Lot
    $499,900 Zestimate®
    $1,027/sqft
    $1,517 Estimated rent

    Home value

    $499,900

    $470,000 - $530,000

    $1,517/mo

    Zestimate® history
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    What's special

    Your own Island in Maine! This beautifully remodeled summer cottage sits on 0.09 acres of serene authentic natural beauty, offering the mesmerizing balance of peaceful seclusion and effortless access to the mainland through its own dock system. Enjoy the quiet rhythm of Maine's seasons as you step inside a turnkey retreat, fully furnished and ready for you to enjoy from day one. Thoughtfully designed, the cottage features luxury engineered hardwood floors, quartz countertops, and an inviting open kitchen/living area, along with one bedroom and one bathroom that maximize comfort and efficiency. The exterior blends effortlessly into its natural setting with classic shingle-style appeal and durable copper gutters. This stunning and unique property will welcome you with open arms with all the conveniences of modern year round Vacationland perfection. Whether you're seeking a rare summer getaway, winter ice fishing and snowmobiling stunner, a one of-a-kind Airbnb investment, or a serene spot to soak up the best of Maine, this property offers a truly unique lifestyle. Embrace the privacy of island living while staying close to beloved local attractions. This is a once-in-a-lifetime opportunity to own a piece of Maine's magic.

    Zillow last checked:

    Listing updated:

    Listed by:

    Legacy Properties Sotheby's International Realty

    Bought with:

    Coldwell Banker Realty

    Source: Maine Listings,MLS#: 1652542MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Cathedral Ceiling(s)
    • Level: First
    • Area: 11328 Square Feet
    • Dimensions: 118 x 96
    Kitchen
    • Features: Breakfast Nook, Eat-in Kitchen, Kitchen Island
    • Level: First
    • Area: 7252 Square Feet
    • Dimensions: 98 x 74
    Living room
    • Features: Informal
    • Level: First
    • Area: 18369 Square Feet
    • Dimensions: 157 x 117
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Cooktop, Electric Range, Refrigerator, Washer
    Features
    • 1st Floor Bedroom, One-Floor Living, Shower
    • Flooring: Wood
    • Basement: Exterior Entry,Crawl Space,Unfinished
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 487
    • Total interior livable area: 487 sqft
    • Finished area above ground: 487
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Driveway, None, Off Site, Off Street
    Features
    • Has view: Yes
    • View description: Scenic
    • Body of water: Ossipee lake
    • Frontage length: Waterfrontage: 222,Waterfrontage Owned: 222
    Lot
    • Size: 3,920 Square Feet
    • Features: Near Public Beach, Open Lot, Right of Way
    Details
    • Zoning: Shoreland
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Shingle Siding
    • Foundation: Poured Concrete
    • Roof: Composition,Fiberglass
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Private, Well

    Community & HOA

    Location
    • Region: East Waterboro

    Financial & listing details

    • Price per square foot: $1,027/sqft
    • Annual tax amount: $1,842
    • Date on market: 2/23/2026
    • Road surface type: Dirt

    Price history

    DateEventPrice
    7/6/2026Pending sale$685,000+37%$1,407/sqft
    Source: Maine Listings #1652542 Report a problem
    7/2/2026Sold$500,000-27%$1,027/sqft
    Source: Maine Listings #1652542 Report a problem
    6/3/2026Contingent$685,000$1,407/sqft
    Source: Maine Listings #1652542 Report a problem
    2/23/2026Listed for sale$685,000$1,407/sqft
    Source: Maine Listings #1652542 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04030

    Nearby schools

    GreatSchools rating
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    $499,900
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    +$9,998
    With Zillow Showcase(estimated)
    $509,898