Never before offered for sale.
Welcome to 54 Papoose Island Road—a rare opportunity to own a beloved mid-century modern lakefront home on Sebago Lake. Held by the same family for four generations, this cherished property has been the setting for decades of celebrations, life events, and perfect Maine summers.
Situated on over a third of an acre with 102 feet of private waterfront, the home features an open floor plan designed to showcase breathtaking lake views. A deck spanning the entire width of the house invites seamless indoor-outdoor living, while a wood-burning fireplace adds charm and warmth to the main living space.
The home offers three bedrooms and an unfinished walk-out basement brimming with potential—complete with a large storage room and flexible space ready for your personal touch.
Enjoy a private sandy beach, solid concrete pier, and expansive yard, perfect for lakeside entertaining or quiet relaxation. Whether you preserve its classic character or infuse it with modern upgrades, this is a rare chance to own a legacy property in one of Maine's most coveted waterfront communities.
Closed
$1,126,000
54 Papoose Island Road, Raymond, ME 04071
3beds
1,920sqft
Single Family Residence
Built in 1960
0.31 Acres Lot
$1,552,200 Zestimate®
$586/sqft
$3,161 Estimated rent
Home value
$1,552,200
$1.33M - $1.85M
$3,161/mo
Zestimate® history
Owner options
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$5,980/mo
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Est. payment
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List your homeWhat's special
Wood-burning fireplaceOpen floor planBreathtaking lake viewsPrivate sandy beachExpansive yardUnfinished walk-out basement
Zillow last checked:
Listing updated:
Listed by:
Realty of Maine
Bought with:
Realty of Maine
Realty of Maine
Source: Maine Listings,MLS#: 1623918
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bonus room
- Level: Basement
Bonus room
- Level: Basement
Great room
- Level: First
Kitchen
- Level: First
Heating
- Direct Vent Heater, Other, Radiator
Cooling
- Has cooling: Yes
Appliances
- Included: Electric Range, Refrigerator
Features
- One-Floor Living
- Flooring: Concrete, Laminate, Wood
- Basement: Interior Entry,Full,Other
- Number of fireplaces: 1
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 960
- Finished area below ground: 960
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, On Site, Off Street
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Sebago Lake
- Frontage length: Waterfrontage: 102,Waterfrontage Owned: 102
Lot
- Size: 0.31 Acres
- Features: Neighborhood, Rural, Rolling Slope, Landscaped
Details
- Parcel number: RYMDM068L029
- Zoning: Shoreland
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Camp,Contemporary,Cottage,Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Roof: Metal,Shingle
Condition
- Year built: 1960
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Lake Drawn, Private
- Utilities for property: Utilities On
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $300 annually
Location
- Region: Raymond
Financial & listing details
- Price per square foot: $586/sqft
- Tax assessed value: $491,200
- Annual tax amount: $7,368
- Date on market: 5/23/2025
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $1,126,000+13.2%$586/sqft |
Source:  Maine Listings #1623918 Report a problem | ||
| 5/28/2025 | Pending sale | $995,000$518/sqft |
Source: Maine Listings #1623918 Report a problem | ||
| 5/23/2025 | Listed for sale | $995,000$518/sqft |
Source: Maine Listings #1623918 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,449 +8.2% | $491,200 |
| 2023 | $7,810 +6% | $491,200 |
| 2022 | $7,368 +6.4% | $491,200 |
| 2020 | $6,926 +4.8% | $491,200 |
| 2019 | $6,607 +6.8% | $491,200 |
| 2018 | $6,189 +2.4% | $491,200 |
| 2017 | $6,042 +1.6% | $491,200 |
| 2016 | $5,944 +1.3% | $491,200 |
| 2015 | $5,870 +1.3% | $491,200 |
| 2014 | $5,796 +4.9% | $491,200 |
| 2013 | $5,526 +1.4% | $491,200 |
| 2012 | $5,452 +6.7% | $491,200 |
| 2011 | $5,108 -6.4% | $491,200 |
| 2009 | $5,457 +2.9% | $491,200 |
| 2008 | $5,305 | $491,200 |
Find assessor info on the county website
Neighborhood: 04071
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Nearby schools
GreatSchools rating
- 8/10Raymond Elementary SchoolGrades: PK-4Distance: 6.3 mi
- 7/10Jordan-Small Middle SchoolGrades: 5-8Distance: 6.6 mi
- 6/10Windham High SchoolGrades: 9-12Distance: 6 mi
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- Maine
- Cumberland County
- Raymond
- 04071
- 54 Papoose Island Road
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