1 Martel Lane Lane, Bridgton, ME 04009
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
1 Martel Lane Lane,Bridgton, ME 04009
$550,000
- 3 Beds
- 2 Baths
- 1,560 sq. ft.
- Single family
- Active
Office: portside real estate group
MLS#:1671038
Source:ME_MREIS
Price summary
- Price:$550,000
- Price per sq. ft.:$352.56
About this home
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....
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Home facts
- Year built:2022
- Listing ID #:1671038
- Updated:July 10, 2026 at 05:52 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Flooring:Luxury Vinyl
- Bathrooms Description:Bathtub, Shower
- Kitchen Description:Cooktop, Dishwasher, Refrigerator
- Bedroom Description:1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Primary Bedroom w/Bath
- Living area:1,560 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Heating, Propane, Wood Stove
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2022
- Building area:1,560 sq. ft.
- Lot area:3.18 Acres
- Lot Features:Level, Near Public Beach, Near Shopping, Near Town, Open Lot, Ski Resort, Wooded
- Architectural Style:Ranch
- Construction Materials:Mobile, Vinyl Siding
- Exterior Features:Deck
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$352.56
- Tax amount:$1,599 (2025)
Features and amenities
- Appliances:Cooktop, Dishwasher, Refrigerator
- Laundry features:Main Level
- Amenities:One-Floor Living, Walk-In Closet(s)
Parking
- Parking description:1 - 4 Spaces, Gravel
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