Property details
About 489 Leisure Ln
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.
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
- Basement: No
- Flooring Type: Laminate, Carpet
- Interior: 1st Floor Primary Bedroom w/Bath, Shower
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: 1 - 4 Spaces, Gravel, On Site
- View: Scenic
- Exterior: Deck, Tennis Court(s)
- Architectural Style: Contemporary, Cottage
- Heating: Baseboard
- Cooling: Heat Pump, Wall/Window Unit(s), Multi Unit(s)
- List Price: $945,000
- Lot: Sloped, Open Lot, Neighborhood
- Year Built: 1980
- Living Area: 1,440 SqFt
- Lot Size: 0.35 Acres
- MLS Number: 1622842
- MLS Name: Maine Listings
- Office Name: Sunset Lakes Real Estate
- Office Phone: (207) 655-2139
- Office Email: loconnor2139@yahoo.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 9:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$945,000
489 Leisure Ln
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Price information
Property sales
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Tax history
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Nearby schools
5
Manchester School
Public District 4-5
4.8 mi
•709 Roosevelt Trl
6
Edna Libby Elementary School
Public District PK-3
5.2 mi
•45 Fort Hill Rd
4
Windham Primary School
Public District KG-3
6.4 mi
•24 Educational Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,000. The majority of Frye Island, ME residents have income less than $<35k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dollar General
Dillards
Where do the neighbors go to eat?
Texas Roadhouse
Hardee's
Cracker Barrel
What do the neighbors drive?
Subaru
Oldsmobile
Cadillac
What do the neighbors listen to?
New Country
Oldies
News/Talk/Information
Frequently asked questions
About 489 Leisure Ln
The listing price of 489 Leisure Ln property is $945,000.
The property 489 Leisure Ln is a house located in Frye Island, Maine, 04071.
Active Listing: 489 Leisure Ln is Active, which means the seller is accepting offers.
The nearby schools for 489 Leisure Ln are: Manchester School (GreatSchools Rating 5/10), Edna Libby Elementary School (GreatSchools Rating 6/10), Windham Primary School (GreatSchools Rating 4/10), Windham Middle School (GreatSchools Rating 3/10), Jordan-Small Middle School (GreatSchools Rating 7/10), Gray-New Gloucester Middle School (GreatSchools Rating 3/10), Windham High School (GreatSchools Rating 5/10), Bonny Eagle High School (GreatSchools Rating 2/10), Gray-New Gloucester High School (GreatSchools Rating 5/10).
The property at 489 Leisure Ln has 6 bedrooms and 2 bathrooms.
The property 489 Leisure Ln is 1,440 SqFt (source: MLS/tax record).
The year of construction for 489 Leisure Ln is 1980.
This home is located at 489 Leisure Ln in Frye Island, ME and zip code 04084. This 1,440 square foot home, which was built in 1980, sits on a 0.35 acre lot. Features: 6 bedrooms, 2 bathrooms. It is currently priced at $945,000.