LAKE FRONT COTTAGE: This cottage sits 50 feet back from the shore of Square Pond, Maine. It sits on one of the best lots on Treasure Island with great, year round sun! The southerly view allows ample sun during the warm summers and mostly full sun during the winter. Enjoy this island property not just during our amazing Maine summers but also, a basement well point allows water access year round.
This beautiful lake front cottage offers warmly aged wood floors, exposed beams in the ceiling, an amazing waterfront view from 5 large windows spaced across the front, 1 large window on each of the front sides and 6 large upper windows along the roofline, allowing almost a full lake view from the kitchen/dinning area and living room.
This cottage also offers 3 spacious bedrooms, 2 upstairs and 1 down stairs. With a relatively new septic system designed, permitted for a 4 bedroom home and installed in 2020, would allow for a 4th bedroom to be added.
As you first approach the cottage, the oversized sliding glass door to the walk out basement will catch your immediate attention. Whether for ease of access or to entertain a large group, this waterfront walk out basement is an amazing amenity.
Yes, as a waterfront cottage it offers a lakeside fire pit for amazing summer nights but this property also boasts a 2nd level halfway up to the porch. We refer to this area as “the perch”. There you will find an amazing, relaxing alternative lake view sitting area which offers a Franklin stove for those cooler evenings for a smaller, more intimate setting.
This cottage has been enjoyed every winter by its current owners. Multiple heat sources include electric baseboard heat, a wood stove downstairs and a pellet stove upstairs. Warmth is never an issue if you decide to venture out the front doors into Maine’s winter wonderland. Square Pond offers a vast area for great cross country skiing as you ski out/ski in from your walk out basement.
An aluminum Shoremaster dock which extends off shore approximately 45 ft and offers 3, 4x10’ sections across at the end, allow ample space for summer sun and swimming enjoyment. The water depth at the end of the dock (normal high water level) is approximately 6 feet with even deeper water just a few feet beyond.
Square Pond also boasts some of the best and highest quality lake water in Maine. While all lakes in Maine require public access, Square Pond’s public access is restricted due to a road culvert which separates the public boat launch and the main lake area. This keeps down excessive, holiday weekend traffic.
Treasure Island is an HOA. The governing board is TILOA (Treasure Island Land Owner’s Association). The community owns a very large parcel of land on the mainland for it’s island access and private, owner’s docks shared by its members and also includes it’s own (members only) boat launch/lake access.
Don’t miss out on this rare opportunity to own your own island get away!
For sale by owner
$639,000
27 Treasure Island Rd, Shapleigh, ME 04076
3beds
1,625sqft
SingleFamily
Built in 1969
0.27 Acres Lot
$-- Zestimate®
$393/sqft
$120/mo HOA
What's special
Lake front cottageWaterfront walk out basementGreat year round sunWarmly aged wood floors
What the owner loves about this home
The five things I love most and what is frequently commented on is:
1. The property’s amazing flat and expansive waterfront which boasts amazing views.
2. The numerous windows along the front of the cottage which not only allows an abundance of light into the cottage but also provide you with the most amazing view of the lake.
3. The very large family room down stairs with the walk out basement. We’ve hosted numerous island parties and group gatherings inside and out. With the oversized sliding glass doors, you can enjoy the flat, 50 ft setback from the lake and the large family room/walk out as one very large area. With tiki torches lining the shoreline, there is no better place to host a summer gathering. During winter months, this area also provide you with drive up snowmobile access or ski in/ski out access.
4. “The perch”: As noted, the mid level area which has a Franklin stove, has offered us numerous quiet evenings, set back from the shoreline, enjoying the outdoor warmth of a Franklin stove.
5. The inside/basement laundry room is not common on the island and this cottage (I believe) is the only one on the island that has a well point inside the basement.
- 2 days
- 564
- 36
Listed by:
Property Owner (207) 751-6101
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Stove, Electric, Wood / Pellet
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Softwood
- Basement: Finished
Interior area
- Total interior livable area: 1,625 sqft
Property
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.27 Acres
Details
- Parcel number: 27Treasure IslandShapleig3376
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1969
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $120 monthly
Location
- Region: Shapleigh
Financial & listing details
- Price per square foot: $393/sqft
- Date on market: 8/27/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $639,000$393/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







