Discover an exceptional waterfront retreat on Sebago Lake--where privacy, natural beauty, and year-round recreation come together.
Set on a rare, flat lot with a lush grassy lawn and your own beach, this property offers effortless access to the lake and stunning southeast-facing views that capture sunshine throughout the day. A spacious deck sits right at the water's edge--perfect for relaxing or entertaining--while a striking natural rock feature with a built-in fire pit creates a one-of-a-kind gathering space. The land is also rich with blueberry bushes, adding charm and a true Maine touch.
The home features 4 bedrooms, a large family room, and an expansive great room with an updated kitchen and 3.5 renovated baths. A brand-new, state-of-the-art 5-bedroom septic system (installed in 2025) ensures modern reliability, and a newly added saltwater hot tub (2026) brings spa-like comfort to your lakeside lifestyle. The seller is also including plans to create two luxurious master suites, offering exciting potential for customization.
Whether you're seeking a summer escape or a year-round residence, this property delivers. Enjoy all-season activities--from boating and swimming to ice fishing and snowmobiling, with trail access stretching all the way to Canada. Nearby opportunities for cross-country skiing, downhill skiing, and even dog sledding make this a true four-season destination.
Conveniently located near Windham for shopping and dining, and just a short drive to Portland--renowned as a top foodie destination. You're also within 30 minutes of the seacoast and Pleasant Mountain Ski Area, and only 2.5 hours from Boston.
This is Sebago Lake living at its absolute best--an extraordinary opportunity in one of the area's most sought-after locations.
Closed
$1,675,000
7 Papoose Island Road, Raymond, ME 04071
4beds
2,806sqft
Single Family Residence
Built in 1960
0.47 Acres Lot
$1,682,300 Zestimate®
$597/sqft
$3,672 Estimated rent
Home value
$1,682,300
$1.58M - $1.78M
$3,672/mo
Zestimate® history
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List your homeWhat's special
Stunning southeast-facing viewsRare flat lotYour own beachUpdated kitchenExpansive great roomLarge family roomLush grassy lawn
Zillow last checked:
Listing updated:
Listed by:
Sunset Lakes Real Estate
Bought with:
Krainin Real Estate
Source: Maine Listings,MLS#: 1657650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bedroom 1
- Features: Closet, Full Bath
- Level: First
Bedroom 2
- Features: Full Bath
- Level: Basement
Bedroom 3
- Features: Closet
- Level: Second
Bedroom 4
- Features: Closet
- Level: Second
Dining room
- Features: Cathedral Ceiling(s), Dining Area
- Level: First
Family room
- Level: Basement
Kitchen
- Features: Breakfast Nook, Eat-in Kitchen, Kitchen Island
- Level: First
Laundry
- Level: First
Living room
- Features: Cathedral Ceiling(s), Heat Stove
- Level: First
Sunroom
- Features: Three-Season, Cathedral Ceiling(s)
- Level: First
Heating
- Direct Vent Furnace, Heat Pump, Radiator, Wood Stove
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Storage, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood, Luxury Vinyl
- Basement: Interior Entry,Walk-Out Access,Daylight,Finished,Full
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 2,806
- Total interior livable area: 2,806 sqft
- Finished area above ground: 1,798
- Finished area below ground: 1,008
Property
Parking
- Parking features: Paved, 5 - 10 Spaces, On Site
Features
- Patio & porch: Deck, Glassed-in Porch, Porch
- Has spa: Yes
- Has view: Yes
- View description: Scenic
- Body of water: Sebago
- Frontage length: Waterfrontage: 101,Waterfrontage Owned: 101
Lot
- Size: 0.47 Acres
- Features: Neighborhood, Rural, Level, Open Lot, Landscaped, Wooded
Details
- Parcel number: RYMDM068L044
- Zoning: Shore Land
- Other equipment: Generator, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1960
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Design Available, Septic Tank
- Water: Private, Well
Green energy
- Energy efficient items: Ceiling Fans, Dehumidifier, Water Heater
Community & HOA
Community
- Security: Air Radon Mitigation System, Water Radon Mitigation System
HOA
- Has HOA: Yes
- HOA fee: $300 annually
Location
- Region: Raymond
Financial & listing details
- Price per square foot: $597/sqft
- Tax assessed value: $487,500
- Annual tax amount: $9,165
- Date on market: 4/13/2026
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | $1,675,000-1.2%$597/sqft |
Source:  Maine Listings #1657650 Report a problem | ||
| 4/13/2026 | Pending sale | $1,695,000$604/sqft |
Source: Maine Listings #1657650 Report a problem | ||
| 4/13/2026 | Listed for sale | $1,695,000-5.3%$604/sqft |
Source: Maine Listings #1657650 Report a problem | ||
| 1/1/2026 | Listing removed | $1,789,000$638/sqft |
Source: Maine Listings #1629340 Report a problem | ||
| 12/19/2025 | Price change | $1,789,000-0.6%$638/sqft |
Source: Maine Listings #1629340 Report a problem | ||
| 8/30/2025 | Price change | $1,799,000-5.3%$641/sqft |
Source: Maine Listings #1629340 Report a problem | ||
| 7/6/2025 | Listed for sale | $1,900,000+46.2%$677/sqft |
Source: Maine Listings #1629340 Report a problem | ||
| 9/20/2024 | Sold | $1,300,000$463/sqft |
Source: Maine Listings #1598275 Report a problem | ||
| 9/12/2024 | Pending sale | $1,300,000$463/sqft |
Source: Maine Listings #1598275 Report a problem | ||
| 8/5/2024 | Contingent | $1,300,000$463/sqft |
Source: Maine Listings #1598275 Report a problem | ||
| 7/26/2024 | Listed for sale | $1,300,000$463/sqft |
Source: Maine Listings #1598275 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,385 +8.2% | $487,500 |
| 2023 | $7,751 +6% | $487,500 |
| 2022 | $7,313 +6.4% | $487,500 |
| 2020 | $6,874 +4.8% | $487,500 |
| 2019 | $6,557 +6.7% | $487,500 |
| 2018 | $6,143 +2.5% | $487,500 |
| 2017 | $5,996 +1.6% | $487,500 |
| 2016 | $5,899 +1.3% | $487,500 |
| 2015 | $5,826 +1.3% | $487,500 |
| 2014 | $5,753 +4.9% | $487,500 |
| 2013 | $5,484 +1.3% | $487,500 |
| 2012 | $5,411 +6.7% | $487,500 |
| 2011 | $5,070 -6.4% | $487,500 |
| 2009 | $5,416 +4.1% | $487,500 +1.2% |
| 2008 | $5,201 | $481,600 |
Find assessor info on the county website
Neighborhood: 04071
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Nearby schools
GreatSchools rating
- 8/10Raymond Elementary SchoolGrades: PK-4Distance: 6.4 mi
- 7/10Jordan-Small Middle SchoolGrades: 5-8Distance: 6.7 mi
- 6/10Windham High SchoolGrades: 9-12Distance: 6.2 mi
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- Maine
- Cumberland County
- Raymond
- 04071
- 7 Papoose Island Road
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