Active under contract

Price cut: $40K (7/14)

$559,000

96 Mineral Spring Road, Windham, ME 04062

6beds

2,940sqft

$3,732/mo

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Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$190/sqft

$21/mo HOA

What's special

Lake accessFlexible living space

Rare Investment Opportunity Near Sebago Lake - Multi-Unit Property with Huge Potential. Opportunity awaits. This unique property offers incredible potential for investors, contractors, or buyers looking to create value. Located just a short walk to association access on beautiful Sebago Lake, the property features multiple units and flexible living space with the possibility for rental income or multi-generational use. While the property does REQUIRE updates and improvements, the location and potential make it a rare opportunity in the Windham/Sebago Lake area. Enjoy the benefits of lake access while being conveniently located near local amenities, restaurants, and year-round recreation. Whether you're looking for an investment project, seasonal retreat, or property with income potential, this is a chance to bring your vision to life in one of Southern Maine's most desirable lake regions.

187 days
46
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air

Cooling

None

Features

Flooring: Carpet, Vinyl
Basement: Interior Entry,Unfinished

Interior area

Total structure area: 2,940
Total interior livable area: 2,940 sqft
Finished area above ground: 2,372
Finished area below ground: 568

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Paved, 1 - 4 Spaces
Garage spaces: 3

Features

On waterfront: Yes
Body of water: Sebago Lake
Frontage length: Waterfrontage: 160,Waterfrontage Shared: 160

Lot

Size: 1.56 Acres
Features: Near Public Beach, Near Shopping, Near Town, Neighborhood, Rural, Open Lot, Rolling Slope, Wooded

Details

Parcel number: WINMM75B9
Zoning: RL

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding, Wood Siding
Foundation: Other
Roof: Metal

Condition

Year built: 1940

Utilities & green energy

Electric: Circuit Breakers, Unknown
Sewer: Private Sewer
Water: Private

Community & HOA

HOA

Has HOA: Yes
HOA fee: $250 annually

Location

Region: Windham

Financial & listing details

Price per square foot: $190/sqft
Tax assessed value: $683,400
Annual tax amount: $8,361
Date on market: 3/9/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$3,433/mo

Price history

Date	Event	Price
8/2/2026	Contingent	$559,000$190/sqft
Source: Maine Listings #1653714 Report a problem
7/14/2026	Price change	$559,000-6.7%$190/sqft
Source: Maine Listings #1655807 Report a problem
5/29/2026	Listed for sale	$599,000$204/sqft
Source: Maine Listings #1655807 Report a problem
5/8/2026	Contingent	$599,000$204/sqft
Source: Maine Listings #1653714 Report a problem
4/23/2026	Price change	$599,000-7.7%$204/sqft
Source: Maine Listings #1655807 Report a problem
3/30/2026	Price change	$649,000-7.2%$221/sqft
Source: Maine Listings #1653714 Report a problem
3/9/2026	Listed for sale	$699,000$238/sqft
Source: Maine Listings #1653714 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,839 +9%	$683,400 +6.4%
2023	$7,194 +13.5%	$642,300 +17.7%
2022	$6,338 +12.9%	$545,900 +45.9%
2020	$5,613 +2.5%	$374,200
2019	$5,478 +6.3%	$374,200 +10.2%
2018	$5,154 -11%	$339,500 -3.7%
2017	$5,792 +4.7%	$352,500
2016	$5,534 +3.6%	$352,500
2015	$5,340 +3.3%	$352,500
2014	$5,171 +1.5%	$352,500
2013	$5,094 +4%	$352,500
2011	$4,900 +12.1%	$352,500 -5.3%
2009	$4,373 +8.6%	$372,200 +5.4%
2008	$4,026 +131.4%	$353,200 +80.7%
2005	$1,740	$195,500