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.
Pending
$1,695,000
7 Papoose Island Road, Raymond, ME 04071
4beds
2,806sqft
Est.:
Single Family Residence
Built in 1960
0.47 Acres Lot
$1,646,400 Zestimate®
$604/sqft
$25/mo HOA
What's special
Stunning southeast-facing viewsRare flat lotYour own beachUpdated kitchenExpansive great roomLarge family roomLush grassy lawn
- 16 hours |
- 189 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Sunset Lakes 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
Features
- Flooring: Carpet, Tile, Wood, Luxury Vinyl
- Basement: Interior Entry
- 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
Video & virtual tour
Property
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
Details
- Parcel number: RYMDM068L044
- Zoning: Shore Land
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Single Family Residence
Materials
- 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
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $300 annually
Location
- Region: Raymond
Financial & listing details
- Price per square foot: $604/sqft
- Tax assessed value: $487,500
- Annual tax amount: $9,165
- Date on market: 4/13/2026
Estimated market value
$1,646,400
$1.56M - $1.73M
$3,131/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Pending sale | $1,695,000$604/sqft |
Source: | ||
| 4/13/2026 | Listed for sale | $1,695,000-5.3%$604/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $1,789,000$638/sqft |
Source: | ||
| 12/19/2025 | Price change | $1,789,000-0.6%$638/sqft |
Source: | ||
| 8/30/2025 | Price change | $1,799,000-5.3%$641/sqft |
Source: | ||
| 7/6/2025 | Listed for sale | $1,900,000+46.2%$677/sqft |
Source: | ||
| 9/20/2024 | Sold | $1,300,000$463/sqft |
Source: | ||
| 9/12/2024 | Pending sale | $1,300,000$463/sqft |
Source: | ||
| 8/5/2024 | Contingent | $1,300,000$463/sqft |
Source: | ||
| 7/26/2024 | Listed for sale | $1,300,000$463/sqft |
Source: | ||
Public tax history
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
Monthly payment
Est. payment
$10,150/mo
Principal & interest
$8741
Property taxes
$1384
HOA Fees
$25
More affordability tools
Climate risks
Neighborhood: 04071
Nearby schools
GreatSchools rating
- 8/10Raymond Elementary SchoolGrades: PK-4Distance: 6.5 mi
- 7/10Jordan-Small Middle SchoolGrades: 5-8Distance: 6.7 mi
- 6/10Windham High SchoolGrades: 9-12Distance: 6.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Raymond
- 04071
- 7 Papoose Island Road





