1 martel lane Lane, Bridgton, ME 04009 (MLS # 1671038)

Price $499,900
Status Active
Beds 3
Baths 2 Baths
Home size 1,560 sqft
Lot Size 3.18 ac
INVESTMENT OPPORTUNITY OR MORTGAGE PAID FOR - 4 trailers. Owner occupies newest, other three have tenants! Exceptional opportunity to own an income-producing property just minutes from downtown Bridgton. The property features a spacious owner-occupied double-wide home along with three additional tenant-occupied manufactured homes, offering immediate rental income and long-term investment potential. The main home is designed for comfortable living with an open floor plan centered around a chef's kitchen featuring a large center island, abundant cabinetry, and a generous walk-in pantry. Primary has en-suite and large walk in closet. An expansive mudroom/drop zone with an oversized laundry area provides exceptional everyday convenience, while the wood stove adds warmth and charm. Step outside to a large rear deck overlooking a beautifully maintained backyard oasis--an ideal setting for relaxing or entertaining. The three rental homes provide established income, with long-term tenants reflecting the desirability of the property. One tenant has resided there for 28 years, another for 7 years, and the newest for nearly a year. Adding to the property's appeal, one of the manufactured homes is situated across the road on a well-maintained parcel that may offer future subdivision potential. Buyers are encouraged to verify subdivision possibilities and permitted uses with the Town of Bridgton. Preliminary discussions with the town's Code Enforcement Office indicate it may be feasible, but buyers should perform their own due diligence. Whether you're looking to offset your mortgage, build wealth through rental income, or expand your investment portfolio, this versatile property offers a rare opportunity close to downtown Bridgton, lakes, skiing, shopping, and local dining.
Property Type(s): Single Family
Last Updated 7/20/2026 Year Built 2022
County Cumberland

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Cooktop, Dishwasher, Refrigerator
BASEMENT None
CONSTRUCTION Vinyl Siding
FIREPLACE Yes
HEAT Propane, Wood Stove
INTERIOR Master Downstairs, Walk-In Closet(s)
LOT 3.18 acre(s)
LOT DESCRIPTION Level, Open Lot, Wooded
LOT DIMENSIONS 3.18
MLS STATUS Active
PARKING Gravel
SEWER Septic Tank
STYLE Ranch
TAXES 1599.26
UTILITIES Propane
VIEW Yes
VIEW DESCRIPTION Trees/Woods
WATER Well
Listing provided by Portside Real Estate Group

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