489 Leisure Lane, Frye Island, ME 04071 (MLS # 1622842)


Price $945,000
Status Active
Beds 6
Baths 2 Baths
Home size 1,440 sqft
Lot Size 15,246 sqft
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 offer.
Property Type(s): Single Family
Last Updated 5/15/2025 Year Built 1980
County Cumberland

Additional Details

AIR Heat Pump, Multi Units
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
BASEMENT None
CONSTRUCTION Wood Siding
EXTERIOR Tennis Court(s)
HEAT Baseboard
LOT 0.35 acre(s)
LOT DESCRIPTION Waterfront
MLS STATUS Active
PARKING Gravel, On Site
SEWER Septic Tank, Private Sewer
STYLE Contemporary, Cottage
TAXES 7464.6
VIEW Yes
VIEW DESCRIPTION Scenic
WATER Public
WATER ACCESS Sebago
WATERFRONT Yes
ZONING ShoreLand
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