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  • $464,630

    372 Memorial Drive, Winthrop, ME 04364

    1beds
    520sqft
    Single Family Residence
    Built in 1951
    5,227 Square Feet Lot
    $470,400 Zestimate®
    $894/sqft
    $1,324 Estimated rent

    Home value

    $470,400

    $362,000 - $612,000

    $1,324/mo

    Zestimate® history
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    What's special

    Sandy bottomHuge grassy lawnSteps from the lakeCustom kitchenGranite countertopsFlat level lotHot water heater
    MARANACOOK LAKE - Get ready for summer fun! This turn-key cottage is just steps from the lake with a flat, level lot with 125' on one of central Maine's best lakes! Memorial Drive has a low speed limit, offers public sewer & water and coveted sunsets each evening. This property is one of the best on the lake with long views across the water and a huge grassy lawn for games, fire pit & nice sandy bottom. The owners have done a complete rebuild of the entire 1951 grandfathered structure and spared no expense with the high end finishes and an easy living layout that takes advantage of the lake views! All new insulation, electrical, raised ceilings, custom kitchen with granite countertops, appliances & cabinets, new windows, flooring, new bathroom with walk-in shower and granite vanity top, new bedroom with pocket door closet, built-in storage & granite top, flooring, hot water heater, heat pump with A/C, metal roof, easy to maintain siding, security cameras, jacked and leveled with new pillars & concrete pads, new sewer line with back flow valve, new front & side composite stairs and fenced storage area. Outside the owners have all new landscaping with fill, grass, rip rap shoreline, granite steps into the water, and created four new paved parking spots with commercial retaining walls so your guests can come visit. Maranacook Lake offers above average water quality, no invasive milfoil, fantastic warm & cold water sport fisheries, is over 125 feet deep, has two public boat ramps with 1800+ acres & 22+ miles of shoreline to explore! Just a short distance from Winthrop shopping and amenities, as well as 15 minutes to Augusta & I-95. Cottage comes fully furnished while the pontoon boat, dock system & kayaks can also be purchased separately so you are ready to enjoy the lake for the Fourth of July weekend!

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Bought with:

    Your Home Sold Guaranteed Realty

    Source: Maine Listings,MLS#: 1625543MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Features: Built-in Features, Closet
    • Level: First
    Dining room
    • Features: Dining Area
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Microwave, Electric Range, Refrigerator
    Features
    • 1st Floor Bedroom, One-Floor Living, Shower
    • Flooring: Vinyl
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    • Basement: None
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 520
    • Total interior livable area: 520 sqft
    • Finished area above ground: 520
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Driveway, 1 - 4 Spaces, Paved
    Features
    • Has view: Yes
    • View description: Scenic
    • Body of water: MARANACOOK LAKE
    • Frontage length: Waterfrontage: 125,Waterfrontage Owned: 125
    Lot
    • Size: 5,227 Square Feet
    • Features: Near Golf Course, Near Public Beach, Near Shopping, Near Town, Level, Open Lot, Sidewalks, Landscaped
    Details
    • Parcel number: WINPM043L006
    • Zoning: SHORELAND
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Metal
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 1951

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Dehumidifier

    Community & HOA

    Location
    • Region: Winthrop

    Financial & listing details

    • Price per square foot: $894/sqft
    • Tax assessed value: $160,500
    • Annual tax amount: $3,708
    • Date on market: 6/6/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/3/2025Sold$464,630-3%$894/sqft
    Source: Maine Listings #1625543 Report a problem
    7/1/2025Pending sale$479,000$921/sqft
    Source: Maine Listings #1625543 Report a problem
    6/23/2025Contingent$479,000$921/sqft
    Source: Maine Listings #1625543 Report a problem
    6/6/2025Listed for sale$479,000+181.8%$921/sqft
    Source: Maine Listings #1625543 Report a problem
    8/15/2019Sold$170,000-6.6%$327/sqft
    Source: Maine Listings #1425917 Report a problem
    7/22/2019Listed for sale$182,000$350/sqft
    Source: Coldwell Banker Rizzo Mattson #1425917 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,708 +6.1%$160,500
    2023$3,494 $160,500
    2022$3,494 +5.9%$160,500
    2021$3,298 -0.5%$160,500
    2020$3,314 +4.7%$160,500 +2.7%
    2019$3,165 +10.6%$156,300
    2018$2,862 +6.9%$156,300
    2017$2,677 +8.1%$156,300
    2016$2,476 +3.7%$156,300
    2015$2,388 $156,300
    2014$2,388 +9.3%$156,300
    2013$2,185 +0.9%$156,300
    2012$2,166 +1.3%$156,300
    2011$2,138 +9.4%$156,300
    2009$1,954 $156,300
    2008$1,954 +22.7%$156,300 +118.6%
    2006$1,592 $71,500
    Find assessor info on the county website

    Neighborhood: 04364

    Nearby schools

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    $479,808