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    • $825,000

    489 Leisure Lane, Frye Island, ME 04071

    6beds
    1,440sqft
    Single Family Residence
    Built in 1980
    0.35 Acres Lot
    $851,400 Zestimate®
    $573/sqft
    $3,760 Estimated rent

    Home value

    $851,400

    $783,000 - $920,000

    $3,760/mo

    Zestimate® history
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    What's special

    Sandy beachBreathtaking west-facing viewsPrivate boat dockSpacious open-concept great roomExpansive windows
    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 do. *Property is being sold as is where is.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sunset Lakes Real Estate

    Bought with:

    Signature Homes Real Estate Group, LLC

    Source: Maine Listings,MLS#: 1622842MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Closet, Full Bath
    • Level: First
    Bedroom 1
    • Features: Closet
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Bedroom 4
    • Level: First
    Bedroom 5
    • Level: First
    Kitchen
    • Features: Cathedral Ceiling(s), Eat-in Kitchen
    • Level: Second
    Living room
    • Features: Cathedral Ceiling(s)
    • Level: Second
    Heating
    • Baseboard
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
    Features
    • 1st Floor Primary Bedroom w/Bath, Shower
    • Flooring: Carpet, Laminate
    • Basement: None
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,440 sqft
    • Finished area above ground: 1,440
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces, On Site
    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Scenic
    • Body of water: Sebago
    • Frontage length: Waterfrontage: 1075,Waterfrontage Owned: 75,Waterfrontage Shared: 1000
    Lot
    • Size: 0.35 Acres
    • Features: Neighborhood, Open Lot, Rolling Slope
    Details
    • Additional structures: Shed(s)
    • Parcel number: 489489LeisureLaneFryeIsland04071
    • Zoning: ShoreLand
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • Year built: 1980

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer, Septic Design Available
    • Water: Public, Seasonal
    Green energy
    • Energy efficient items: Ceiling Fans

    Community & neighborhood

    Community
    • Community features: Clubhouse
    Location
    • Region: Raymond

    Other

    Other facts
    • Road surface type: Gravel

    Price history

    DateEventPrice
    10/18/2025Pending sale$899,000+9%$624/sqft
    Source: Maine Listings #1622842 Report a problem
    10/17/2025Sold$825,000-8.2%$573/sqft
    Source: Maine Listings #1622842 Report a problem
    9/18/2025Contingent$899,000$624/sqft
    Source: Maine Listings #1622842 Report a problem
    8/12/2025Price change$899,000-2.8%$624/sqft
    Source: Maine Listings #1622842 Report a problem
    7/15/2025Price change$925,000-2.1%$642/sqft
    Source: Maine Listings #1622842 Report a problem
    5/16/2025Listed for sale$945,000-5%$656/sqft
    Source: Maine Listings #1622842 Report a problem
    9/27/2024Listing removed$995,000$691/sqft
    Source: Maine Listings #1588772 Report a problem
    7/22/2024Price change$995,000-4.8%$691/sqft
    Source: Maine Listings #1588772 Report a problem
    5/16/2024Listed for sale$1,045,000-0.5%$726/sqft
    Source: Maine Listings #1588772 Report a problem
    12/31/2023Listing removed--
    Source: Maine Listings #1537926 Report a problem
    8/2/2023Listed for sale$1,050,000$729/sqft
    Source: Maine Listings #1537926 Report a problem
    7/24/2023Listing removed--
    Source: Maine Listings #1537926 Report a problem
    4/8/2023Listed for sale$1,050,000+6.1%$729/sqft
    Source: Maine Listings #1537926 Report a problem
    1/16/2023Listing removed--
    Source: Maine Listings #1537926 Report a problem
    7/27/2022Listed for sale$990,000$688/sqft
    Source: Maine Listings #1537926 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04071

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