489 Leisure Ln

Frye Island, ME 04071
  • $899,000

    Price
  • 6

    Bed
  • 2

    Bath
  • 1,440

    SqFt

About the Listing 2265 - 008474,019765

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.

Listing Highlights for 489 Leisure Ln

Status Active
Days on Site 112
Property Type Residential
MLS ® 1622842
Year Built 1980
Total Square Footage 1,440
Lot/Acreage 0.35
County Cumberland

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Air Cond: Wall/Window Unit(s),Heat Pump
  • Heating: Baseboard
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft: 1440
  • Below Ground Sq Ft: 0
  • Basement: Not Applicable
  • Other: 1st Floor Primary Bedroom w/Bath,Shower
  • Water: Public,Seasonal

Exterior Details

  • Lot Description: Rolling/Sloping,Open,Neighborhood
  • Garage Capacity: N/A
  • Zoning: ShoreLand
  • Roof: Shingle
  • Others: Tennis Court(s)
  • Sewer: Septic Tank,Private Sewer,Septic Design Available
  • Parking Features: 1 - 4 Spaces,Gravel,On Site

Financial Details

  • Tax Amount: $7,465
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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489 Leisure Ln Frye Island, ME 04071

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Originating MLS: Maine Listings

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