Private Lakefront Retreat on Sebago Lake -.
Discover the perfect blend of natural beauty and modern comfort at this rare Sebago Lake gem. Tucked away at the end of the highly sought-after Raymond Cape Road, this private waterfront property offers everything you've been looking for: a flat lot, sandy beach with easy lake access, grass lawn, a partial permanent dock, and a charming lakeside shed to store all your water toys.
The highlight of the shoreline is a stunning natural rock with a built-in fire pit—carved right into the stone—creating a one-of-a-kind spot to gather and take in breathtaking Lake views.
Inside, the 4-bedroom, 3-bath home has been thoughtfully updated from top to bottom. Enjoy a spacious new deck for outdoor entertaining, an open-concept kitchen with island and updated appliances, modern bathrooms, and a large family room perfect for relaxing after a day on the lake. A brand-new, state-of-the-art 5-bedroom septic system has also been installed—ready for future expansion or just peace of mind.
Whether you're looking for a serene seasonal getaway or a year-round home, this property delivers lake life at its best—privacy, beauty, and all the amenities in one of Sebago's most desirable locations.
Active
Price cut: $10K (12/19)
$1,789,000
7 Papoose Island Road, Raymond, ME 04071
4beds
2,806sqft
Est.:
Single Family Residence
Built in 1960
0.47 Acres Lot
$1,753,300 Zestimate®
$638/sqft
$25/mo HOA
What's special
Modern bathroomsGrass lawnPartial permanent dockFlat lotPrivate waterfront propertyLarge family roomUpdated appliances
- 171 days |
- 1,255 |
- 40 |
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 01:41pm
Listed by:
Sunset Lakes Real Estate
Source: Maine Listings,MLS#: 1629340
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bedroom 1
- Features: Balcony/Deck, Closet, Full Bath
- Level: First
Bedroom 2
- Features: Closet
- Level: Second
Bedroom 3
- Features: Closet
- Level: Second
Bedroom 4
- Level: Basement
Dining room
- Features: Dining Area
- Level: First
Family room
- Level: Basement
Kitchen
- Features: Eat-in Kitchen, Kitchen Island
- Level: First
Laundry
- Features: Cathedral Ceiling(s), Three-Season
- Level: First
Living room
- Features: Cathedral Ceiling(s), Heat Stove
- Level: First
Sunroom
- Features: Three-Season, Cathedral Ceiling(s)
- Level: First
Heating
- Baseboard, Direct Vent Heater, Heat Pump, Hot Water, Wood Stove
Cooling
- Heat Pump
Features
- Flooring: Carpet, Tile, Wood, Luxury Vinyl
- Basement: Interior Entry
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 2,806
- Total interior livable area: 2,806 sqft
- Finished area above ground: 1,798
- Finished area below ground: 1,008
Video & virtual tour
Property
Features
- Patio & porch: Deck, Glassed-in Porch, Porch
- Has view: Yes
- View description: Scenic
- Body of water: Sebago
- Frontage length: Waterfrontage: 101,Waterfrontage Owned: 101
Lot
- Size: 0.47 Acres
Details
- Additional structures: Shed(s)
- Parcel number: RYMDM068L044
- Zoning: Shoreland zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 1960
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Design Available, Septic Tank
- Water: Private, Well
Green energy
- Energy efficient items: Ceiling Fans
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $300 annually
Location
- Region: Raymond
Financial & listing details
- Price per square foot: $638/sqft
- Tax assessed value: $487,500
- Annual tax amount: $8,385
- Date on market: 7/6/2025
Estimated market value
$1,753,300
$1.67M - $1.84M
$3,178/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Price change | $1,789,000-0.6%$638/sqft |
Source:  Maine Listings #1629340 Report a problem | ||
| 8/30/2025 | Price change | $1,799,000-5.3%$641/sqft |
Source: Maine Listings #1629340 Report a problem | ||
| 7/6/2025 | Listed for sale | $1,900,000+46.2%$677/sqft |
Source: Maine Listings #1629340 Report a problem | ||
| 9/20/2024 | Sold | $1,300,000$463/sqft |
Source: Maine Listings #1598275 Report a problem | ||
| 9/12/2024 | Pending sale | $1,300,000$463/sqft |
Source: Maine Listings #1598275 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,385 +8.2% | $487,500 |
| 2023 | $7,751 +6% | $487,500 |
| 2022 | $7,313 +6.4% | $487,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,079/mo
Principal & interest
$6937
Property taxes
$1491
Other costs
$651
Climate risks
Neighborhood: 04071
Nearby schools
GreatSchools rating
- 8/10Raymond Elementary SchoolGrades: PK-4Distance: 6.5 mi
- 7/10Jordan-Small Middle SchoolGrades: 5-8Distance: 6.6 mi
- 6/10Windham High SchoolGrades: 9-12Distance: 6.2 mi
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