Turnkey waterfront Airbnb compound on 1.9 acres in Vassalboro, Maine! 37 Williams Rd features 4 fully furnished, income-producing short-term rental units with a proven track record of six-figure gross rents. With over $20,000 in current summer reservations already booked, this is a rare opportunity to step into an established hospitality property with immediate cash flow potential. The property includes four distinct guest units with strong appeal for vacationers seeking waterfront charm, peaceful surroundings, and the authentic Maine lake experience. Sale includes furnishings, and the current property manager is willing to continue after closing, offering a seamless transition for the next owner. Ideal for investors, 1031 exchange buyers, or anyone seeking a ready-to-run rental portfolio in central Maine.
Active
$979,000
37 Williams Road, Vassalboro, ME 04989
8beds
1,120sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$874/sqft
$37/mo HOA
What's special
Four distinct guest unitsWaterfront charmPeaceful surroundings
- 4 days |
- 345 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 11:16am
Listed by:
Allied Realty
Source: Maine Listings,MLS#: 1654769
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Direct Vent Heater, Heat Pump
Cooling
- Heat Pump, Window Unit(s)
Features
- Flooring: Carpet, Laminate, Tile, Hardwood
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
- Finished area above ground: 1,120
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Accessibility
- Accessibility features: Level Entry
Features
- Patio & porch: Deck, Screened
- Has view: Yes
- View description: Scenic
- Body of water: Three Mile Pond
- Frontage length: Waterfrontage: 341,Waterfrontage Owned: 341
Lot
- Size: 1.93 Acres
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: VASSM014L042
- Zoning: Shoreland
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Camp,Other,Ranch
- Property subtype: Multi Family
Materials
- Roof: Metal,Shingle
Condition
- Year built: 1971
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $438 annually
Location
- Region: Vassalboro
Financial & listing details
- Price per square foot: $874/sqft
- Tax assessed value: $584,800
- Annual tax amount: $8,917
- Date on market: 3/19/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $979,000+54.2%$874/sqft |
Source: | ||
| 9/30/2021 | Sold | $635,000-2.3%$567/sqft |
Source: | ||
| 8/10/2021 | Contingent | $649,900$580/sqft |
Source: | ||
| 7/21/2021 | Listed for sale | $649,900$580/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,795 +4.8% | $584,800 |
| 2023 | $7,439 +6% | $584,800 +20% |
| 2022 | $7,020 -0.6% | $487,500 |
| 2021 | $7,059 | $487,500 |
| 2020 | $7,059 +2.9% | $487,500 +10.9% |
| 2019 | $6,859 +1.6% | $439,700 +0.6% |
| 2018 | $6,752 +6.2% | $437,000 |
| 2017 | $6,358 +3.6% | $437,000 |
| 2016 | $6,140 +2.6% | $437,000 |
| 2015 | $5,987 +7% | $437,000 |
| 2014 | $5,594 -7.2% | $437,000 -18.8% |
| 2013 | $6,028 +1.8% | $538,200 |
| 2012 | $5,920 +13% | $538,200 +2.7% |
| 2011 | $5,240 | $524,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,806/mo
Principal & interest
$4937
Property taxes
$832
HOA Fees
$37
More affordability tools
Climate risks
Neighborhood: 04989
Nearby schools
GreatSchools rating
- 4/10Vassalboro Community SchoolGrades: PK-8Distance: 5 mi
Local experts in 04989
- Maine
- Kennebec County
- Vassalboro
- 04989
- 37 Williams Road
