Lakefront retreat in southern Maine

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30810477
Status: Pending
Number of Units: 6 Units
Building Size (RSF): 2,300 SF
Gross Building Area: See Agent
Sale Price: $1,650,000
Unit Price: $275,000 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/7/2022

Overview / Comments

Lakefront compound consisting of multiple houses on a large, private lot offering 1,265 FT of water frontage on Bunganut Pond, which is a beautiful, private lake, fed by natural springs. Property consists of 2 residential homes, 3 additional bunkhouses (w/ electricity) and a large warehouse/storage building. The main house, closest to the lake, features 1st floor master bedroom, wrap-around decking, deep jetted tub, and tile flooring with radiant heat. Come enjoy life at the lake, with room for everyone!
Potential to build 1-2 more houses on the lot, need to verify this with the town.
Showings begin on July 20. Showings: Monday/Wednesday/Friday, 11 am to 1 pm

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $6,750 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31170_28-008
Zoning: GENERAL PURPOSE/RESIDENTIAL
Property Located Between: GPS 1 Lakeside Drive Lyman- all the way to the end
Site Description: Rural, Water Frontage, Water View, Lakefront property, wooded, private
Area Description: Lakefront community
Total Number of Buildings: 6
Number of Stories: 2
Year Built: 2002
Construction/Siding: Vinyl Siding, Wood Siding
Parking Type: Surface
Parking Description: gravel, ample parking
Heat Type: Propane, Other
Heat Source: Wall Units, Radiant, Heat Pump
Fuel: Propane
Air Conditioning: Other
Interior Description: The main house, closest to the lake, features one floor living: 1st floor master bedroom, wrap-around decking, high ceilings, a fireplace, deep jetted tub, and tile flooring with radiant heat. The second home is also one floor living, on the second floor, offering 2BR's a kitchenette and full bath, with ample storage below, on the first floor of the building.
Zoning Description: GENERAL PURPOSE/RESIDENTIAL, SHORELAND ZONING OVERLAY. SHORELAND ZONE SEPTIC SYSTEM
Water Service: Well
Sewer Type: Septic
Easements: Other
Easements Description: Roux Rd and Lakeside Drive go through property
Legal Description: Map 28 / Lot 008

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,795 17,511
Median Age: 44.1 40.82
Households: 1,878 7,010
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