Discover a rare 10+ acre waterfront property encompassing two separate residences with over 1,400 feet of frontage on Sebago Cove, offering exceptional privacy and direct access to Sebago Lake. The main residence showcases a modern passive solar design with striking post-and-beam construction, featuring 3 brms and 2 full bths. A dramatic iron spiral staircase adds architectural character, while the open-concept kitchen features high-end appliances, a waterfall island, and expansive views of the cove through oversized windows. Radiant flr heating throughout provides year-round comfort. The 1st floor primary suite offers a spacious en-suite bath. The walk-out lower level features a large family rm that opens directly onto an expansive patio--perfect for outdoor dining, relaxing in the hot tub, or stepping into the yard for easy access to wooded trails and the shoreline. A beautifully converted post-and-beam barn serves as a separate guest cottage with 3 brms and 2 full bths. A custom-crafted staircase built from oversized solid wood planks creates a stunning focal point, while natural wood walls fill the space with the rich character. An inviting loft den centered around a freestanding gas stove, its own outdoor hot tub beneath the covered porch, and a welcoming fire pit gathering area beside the full glass garage door seamlessly blend indoor and outdoor living. Currently operating as a successful Airbnb, the property offers the opportunity to continue the established vacation rental business and branding or transform it into an extraordinary private estate. Offered fully furnished, the sale also includes a dock, kayaks, and paddleboards, allowing you to begin enjoying the waterfront lifestyle immediately. This is a truly one-of-a-kind offering where privacy, waterfront living, proven rental income, exceptional future development potential, and the serenity of nature come together on the shores of Sebago Cove.
Single-familyProperty Type
2021Year Built
10.67 acresLot Size
$557Price/Sq.Ft.
5 spacesParking
Listed by Tyson Wilkins• Waypoint Brokers Collective
Build Your Vision Near Sebago Cove Rare opportunity to own a 7.13± acre wooded parcel with the potential to accommodate up to three homes, making it ideal for a family compound, investment, or residential development. A significant amount of the preliminary work has already been completed, saving buyers both time and expense. The property has undergone extensive planning, including boundary and topographic surveys, septic design, and multiple presentations and reviews with the Town of Naples. This work has been completed by two highly reputable engineering and surveying firms, providing a strong foundation for the next owner to move forward with confidence. Nestled in a peaceful, natural setting just moments from Sebago Cove, the property offers the perfect balance of privacy and convenience. Enjoy deeded rights to a dock on Sebago Cove, providing easy access to boating, kayaking, paddleboarding, fishing, and all that the lake has to offer. Whether you're looking to build your dream home, create a multi-home retreat, or pursue a thoughtfully planned development, this exceptional parcel combines generous acreage, lake access, and extensive pre-development work in one of the area's most desirable locations. Buyers should verify all development opportunities, approvals, and permitting requirements with the appropriate local authorities.
MREIS #1586527
Aug 5, 2024
Sold
$1,495,000
$355/sq ft
May 31, 2024
Price Changed
$1,495,000
$355/sq ft
May 8, 2024
Price Changed
$1,750,000
$415/sq ft
Apr 16, 2024
Listed
$1,999,000
$474/sq ft
+69
A home born of the elements. One crafted by hand and cradled by nature. Purposefully positioned on over 17+ private and peaceful acres with 1,400' of direct frontage on Sebago Cove - this is Maine as it should be. In addition to being lakefront on Sebago Cove, enjoy direct access to Big Sebago with no problems getting your boat in and out of the cove. The sellers are additionally currently building a brand new dock for the new owners to enjoy for years to come. Free from noise, light, and environmental pollution, this is a modern wellness retreat you can call your own. Walk amongst ice age boulders, bathe in old growth forests, soak up stress relieving negative ions from dramatic streams, bask in the sun and shore along one of the world's most pristine bodies of water. Whether a year-round home or the perfect weekend retreat, the modern timber frame home and 'barn' are at one with the surroundings and at one with nature. Built using Passive House principles and advanced building science, you can rest easy knowing you're treading lightly on the planet and living in a near maintenance-free and worry-free home. The two-story 'barn' isn't really a barn but more of a work of art. This dramatic post and beam structure is warm, welcoming, and ideal for just about any use - from a guest cottage to carriage house. Enjoy everything nature has to offer and sacrifice nothing, including high-speed internet. Whether relaxing or working from home, you can enjoy full day sun and stunning sunsets.
Year
Property tax
Land + Additions
Assessment*
2025
$5,853 (+2.1%)
$355,969 + $260,106
$616,075
2024
$5,732 (+74.1%)
$356,285 + $260,106
$616,391
2023
$3,293 (+10.8%)
$99,748 + $260,106
$359,854
2022
$2,971 (−3.3%)
$100,029 + $260,106
$360,135
2021
$3,073 (+26.1%)
$73,907 + $156,277
$230,184
2020
$2,437 (+125.0%)
$74,255 + $108,329
$182,584
2019
$1,083
$44,491 + $36,656
$81,147
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
17.65 Acres
Year renovated
—
Finished Sq. Ft.
960
Unfinished Sq. Ft.
—
Total Sq. Ft.
960
Year built
—
Style
Other
County
Cumberland County
APN
187922
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 27, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Naples, ME • 04055
Average low and high temperatures (°F)
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61
40
47
31
33
16
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 386 Lake House Rd
$2,257,438
$93K under list price of $2.35M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $438K to $2.6M.