Waterfront Opportunity on Wadleigh Pond in Lyman ME.- 1-Bedroom Year-Round Cottage with 115' of Shoreline.
Discover the potential in this cottage tucked along the peaceful shores of Wadleigh Pond. With 115 feet of water frontage and a level, easily accessible lot, this property offers the perfect foundation to create your dream lakeside escape.
While the cottage could use some attention and updates, the setting is unbeatable—whether you're looking to renovate for personal enjoyment or invest in a waterfront rental property, this is a rare opportunity to build equity in a highly sought-after location.
Property Features include 1 bedroom with classic cottage charm, open living/kitchen area with water views, gently sloping, level lot for easy access and full use of the yard on a quiet scenic pond ideal for kayaking, boating, fishing, swimming, and year-round relaxation
With solid bones there is great potential for improvement and customization.
Bring your vision and a little elbow grease to make this lakeside retreat your own. Properties with this kind of frontage and potential don't come around often, especially with year-round access and such a picturesque setting. The seller is looking for reasonable offers.
Closed
$330,000
145 Chappell Shores Road, Lyman, ME 04002
1beds
704sqft
Single Family Residence
Built in 1967
0.41 Acres Lot
$333,900 Zestimate®
$469/sqft
$1,865 Estimated rent
Home value
$333,900
$301,000 - $371,000
$1,865/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 08, 2025 at 11:56am
Listed by:
Lakes Region Realty
Bought with:
Excellence Realty
Source: Maine Listings,MLS#: 1624279
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Features: Closet
- Level: First
Den
- Level: First
Kitchen
- Level: First
Living room
- Features: Vaulted Ceiling(s)
- Level: First
Mud room
- Level: First
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- 1st Floor Bedroom, Bathtub, One-Floor Living
- Flooring: Laminate
- Basement: Exterior Entry,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 704
- Total interior livable area: 704 sqft
- Finished area above ground: 704
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, On Site
Accessibility
- Accessibility features: Level Entry
Features
- Has view: Yes
- View description: Scenic
- Body of water: Wadleigh
- Frontage length: Waterfrontage: 115,Waterfrontage Owned: 115
Lot
- Size: 0.41 Acres
- Features: Rural, Level, Open Lot
Details
- Additional structures: Shed(s)
- Parcel number: LYMNM24L009
- Zoning: shoreland
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Camp,Cottage,Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding, Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1967
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Lyman
- Subdivision: Wadleigh Pond Association
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $50 annually
Other
Other facts
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2025 | Sold | $330,000-2.9%$469/sqft |
Source:  Maine Listings #1624279 | ||
| 6/8/2025 | Contingent | $339,900$483/sqft |
Source: Maine Listings #1624279 | ||
| 6/3/2025 | Price change | $339,900-14.8%$483/sqft |
Source: Maine Listings #1624279 | ||
| 5/28/2025 | Listed for sale | $399,000$567/sqft |
Source: Maine Listings #1624279 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,963 +3.4% | $235,000 |
| 2023 | $2,865 +4.2% | $235,000 |
| 2022 | $2,750 +1.9% | $235,000 |
Find assessor info on the county website
Neighborhood: 04002
Nearby schools
GreatSchools rating
- 8/10Lyman Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 6/10Massabesic Middle SchoolGrades: 6-8Distance: 4.8 mi
- 4/10Massabesic High SchoolGrades: 9-12Distance: 4.6 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.