This home's estimate is 216% higher than the average sale price ($306K) of 6 comparable homes.
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37 Williams Rd, Vassalboro, ME 04989
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About this home
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.
Redfin Estimate
Market trends in 04989, ME
Last updated September 2026
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Sale and tax history for 37 Williams Rd
- Sale History
- Tax History
$826/sq ft
$874/sq ft
$874/sq ft
$567/sq ft
$580/sq ft
$580/sq ft
Public record
Property details
Parking
- Parking Information
- Has Garage
- # of Garage Spaces: 4
- Parking Features: Storage Above, 5 - 10 Spaces, Gravel, On Site, Detached
- Vehicle Storage: 4+ Car, Detached, Storage Above
Interior
- Bathroom Information
- # of Baths (Full): 5
- Interior Features
- Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower
- Furnished: Negotiable
- Accessibility Features: Level Entry
- Flooring: Tile, Laminate, Carpet
- Other Equipment: Generator
- Laundry Information
- Laundry Features: 1st Floor Laundry, Main Level
Exterior
- Building Information
- Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
- Foundation Details: Concrete Perimeter, Slab
- Roof: Metal, Shingle
- Structure Type: Duplex
- Total Building Area (Sq. Ft.): 1,120
- Exterior Features
- Patio & Porch Features: Deck, Screened
- Other Structures: Outbuilding, Shed(s)
- Property Information
- Year Built: 1971
- Above-Grade Finished Area (Sq. Ft.): 1,120
- Green Energy Efficient: Ceiling Fans
- Lot Information
- Lot Size (Sq. Ft.): $84,070.80
- Lot Size (Acres): 1.93
- Lot Size Source: Public Records
- Lot Features: Rolling/Sloping, Open, Level, Rural
- Road Frontage Type: Private Road
- Road Surface Type: Gravel
- Zoning: Shoreland
- Waterfront Information
- Waterfront: Yes
- Water Body Name: Three Mile Pond
- Water Body Type: Pond
- Water View: Yes
Financial
- Tax Information
- Annual Tax Amount: $8,917
- Tax Year: 2025
Utilities
- Utility Information
- Has Heating
- Heating: Heat Pump, Direct Vent Heater, Baseboard
- Has Cooling
- Cooling: Window Unit(s), Heat Pump
- Electric: Circuit Breakers
- Sewer: Septic Tank, Private Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Well, Private
- Water Heater: Electric, Heat Pump
Location
- Multi-Unit Information
- # of Units Total: 4
- # of 2 Bedroom Units: 4
- Operating Expense: $45,919
- Gross Income: $98,808
- Unit 1 Information
- # of Bedrooms: 2
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Bedrooms: 2
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: Yes
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Bedrooms: 2
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Bedrooms: 2
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- HOA Information
- Has Association
- Association Fee: $531.65
- Association Fee Frequency: Annually
- Location Information
- Unparsed Address: 37 Williams Road, Vassalboro, ME 04989
- Directions: Route 3 onto Legion Park Road to Sandy Point Road then left onto Williams Road. Dead end - last property.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 1.93 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Kennebec County
- APN: 230250
Around this home
Schools
Public PreK-8 • Assigned • 5.0mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 16 days in 30 years
27% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 04989
Home values near 37 Williams Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1152 Sq. Ft. | $311,271 |
- Beds | - Baths | - Sq. Ft. | $345,502 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $36,480 |
- Beds | - Baths | - Sq. Ft. | $204,061 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 900 Sq. Ft. | $407,170 |
3 Beds | 1.5 Baths | 1450 Sq. Ft. | $292,016 |
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