Closed
$585,000
48 Sebasticook Avenue, Newport, ME 04953
3beds
1,355sqft
Single Family Residence
Built in 1900
2.77 Acres Lot
$599,200 Zestimate®
$432/sqft
$1,499 Estimated rent
Home value
$599,200
$395,000 - $911,000
$1,499/mo
Zestimate® history
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What's special
Open House July 19 and 20 Noon to 2pm, July 26 Noon to 2pm. Welcome to Sugar Maple Lake House. This stunning, fully renovated waterfront home on Sebasticook Lake is your chance to make that dream a reality! Perfectly positioned at the very end of a quiet dead-end street, this hidden gem offers rare privacy and serenity with 260 feet of sparkling water frontage.
Currently used as a successful short-term rental, this property generates approximately 60,000 annually, offering both a beautiful retreat and an excellent income opportunity.
The beautifully landscaped, oversized lot features a gently sloping lawn that leads right to the water's edge—ideal for swimming, boating, and lakeside lounging. Inside, you'll find a warm and inviting farmhouse-inspired interior complete with a gorgeous cherry kitchen, stainless steel appliances, shiplap accents, stylish lighting, and updated flooring throughout. With three cozy bedrooms, two well-appointed bathrooms, and first-floor laundry, the home is as functional as it is charming.
Enjoy peace of mind with updated plumbing, electrical, insulation, windows, siding, and roof. Heat pumps were recently installed. A large shed provides extra storage, and there's plenty of space to build a garage in the future.
Start your mornings on the expansive deck with coffee and breathtaking lake views, and end your evenings by the fire pit as the sun sets over the water. Year-round outdoor fun awaits—swimming, kayaking, fishing, snowmobiling, or just relaxing on your own private beach.
All this just minutes from local amenities, restaurants, schools, and I-95. Whether you're looking for a full-time home, vacation getaway, or investment property, this lakefront oasis has it all.
Zillow last checked: 8 hours ago
Listing updated: September 04, 2025 at 03:47pm
Listed by:
Keller Williams Realty
Bought with:
EXP Realty
Source: Maine Listings,MLS#: 1630417
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bonus room
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- 1st Floor Bedroom, Bathtub, Shower, Walk-In Closet(s)
- Flooring: Vinyl, Wood
- Basement: Interior Entry,Crawl Space,Full,Partial,Unfinished
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,355
- Total interior livable area: 1,355 sqft
- Finished area above ground: 1,355
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Features
- Patio & porch: Deck
- Body of water: Sebasticook
- Frontage length: Waterfrontage: 260,Waterfrontage Owned: 260
Lot
- Size: 2.77 Acres
- Features: Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: NEPTM019L001
- Zoning: Shoreland
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: New Englander
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Ceiling Fans
Community & neighborhood
Location
- Region: Newport
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Sold | $585,000-2.5%$432/sqft |
Source: | ||
| 8/1/2025 | Pending sale | $600,000$443/sqft |
Source: | ||
| 7/14/2025 | Listed for sale | $600,000+24.5%$443/sqft |
Source: | ||
| 7/30/2021 | Sold | $482,000-3.4%$356/sqft |
Source: | ||
| 6/20/2021 | Pending sale | $499,000$368/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,998 +14.9% | $285,600 +7% |
| 2023 | $4,350 +5.2% | $266,900 +26.6% |
| 2022 | $4,134 -0.4% | $210,900 +4.7% |
Find assessor info on the county website
Neighborhood: 04953
Nearby schools
GreatSchools rating
- 3/10Nokomis Regional Middle SchoolGrades: 5-8Distance: 2.9 mi
- 5/10Nokomis Regional High SchoolGrades: 9-12Distance: 2.9 mi
- 7/10Sebasticook Valley Elementary SchoolGrades: PK-4Distance: 3.1 mi
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