Jason Edwards
EXP Realty
(207) 275-6861
109 Total Sales
1 in Newport
$187,000 Price
48 Sebasticook Ave Newport, ME 04953
Newport AreaEstimated Value: $601,761
3
Beds
2
Baths
1,355
Sq Ft
$444/Sq Ft
Est. Value
Highlights
- 260 Feet of Waterfront
- Property is near a beach
- Deck
- Docks
- 2.77 Acre Lot
- Wood Flooring
About This Home
As of September 2025Open 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.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,998
Year Built
- Built in 1900
Lot Details
- 2.77 Acre Lot
- 260 Feet of Waterfront
- Property fronts a freeway
- Landscaped
- Level Lot
- Property is zoned Shoreland
Parking
- Gravel Driveway
Home Design
- New Englander Architecture
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,355 Sq Ft Home
- Ceiling Fan
- Living Room
- Dining Room
- Bonus Room
- Water Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub
- Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Interior Basement Entry
- Crawl Space
Outdoor Features
- Property is near a beach
- Docks
- Deck
- Shed
Location
- Property is near shops
Utilities
- Cooling Available
- Heating System Uses Oil
- Heat Pump System
- Baseboard Heating
- Natural Gas Not Available
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number NEPT-000019-000000-000001
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2025
Closed on
Aug 29, 2025
Sold by
Bought by
Seller's Agent
Davian Akers
Keller Williams Realty
Buyer's Agent
Heidi Hutchins
EXP Realty
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Views
460
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,761
Avg. Annual Appreciation
3.12%
Purchase Details
Listed on
May 15, 2021
Closed on
Jul 29, 2021
Sold by
Bought by
Seller's Agent
Heidi Hutchins
Coldwell Banker Team Real Estate
Buyer's Agent
Tom Landry
Benchmark Real Estate
List Price
$529,000
Sold Price
$482,000
Premium/Discount to List
-$47,000
-8.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$423,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 19, 2019
Sold by
Bought by
Purchase Details
Listed on
Nov 11, 2016
Closed on
Jun 16, 2017
Sold by
Bought by
Seller's Agent
Joseph Mullins
CENTURY 21 Queen City Real Estate
Buyer's Agent
Michael Merrow
Trundy & Company Real Estate
List Price
$185,900
Sold Price
$125,000
Premium/Discount to List
-$60,900
-32.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.81%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newport, ME
-
Jason Edwards
-
Kurtis Marsh
Kurtis Marsh
Realty of Maine
(207) 945-8166
221 Total Sales
3 in Newport
$64K - $255K Price Range
-
Linda Dupuis
Linda Dupuis
Responds QuicklyMaine Source Realty
(207) 481-4680
67 Total Sales
1 in Newport
$430,000 Price
-
Neil Mallett
Neil Mallett
Mallett Real Estate, LLC
(207) 802-7131
168 Total Sales
1 in Newport
$159,000 Price
-
Pressley Lawrence
Pressley Lawrence
Ferraro Realty LLC
(207) 705-0661
41 Total Sales
1 in Newport
$35,000 Price
-
Amanda Taylor
Amanda Taylor
Responds QuicklyTaylor Realty, Inc.
(207) 708-8614
86 Total Sales
1 in Newport
$93,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $585,000 | -- | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $423,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2025 09/02/25 | Sold | $585,000 | -2.5% | $432 / Sq Ft | |
| 07/31/2025 07/31/25 | Pending | -- | -- | -- | |
| 07/14/2025 07/14/25 | For Sale | $600,000 | +24.5% | $443 / Sq Ft | |
| 07/30/2021 07/30/21 | Sold | $482,000 | -8.9% | $290 / Sq Ft | View Prior Sale |
| 06/20/2021 06/20/21 | Pending | -- | -- | -- | |
| 05/15/2021 05/15/21 | For Sale | $529,000 | +323.2% | $318 / Sq Ft | |
| 06/22/2017 06/22/17 | Sold | $125,000 | -32.8% | $114 / Sq Ft | View Prior Sale |
| 06/14/2017 06/14/17 | Pending | -- | -- | -- | |
| 11/11/2016 11/11/16 | For Sale | $185,900 | -- | $170 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,093 | $284,500 | $185,100 | $99,400 |
| 2024 | $4,998 | $285,600 | $185,100 | $100,500 |
| 2023 | $4,350 | $266,900 | $173,000 | $93,900 |
| 2022 | $4,134 | $210,900 | $136,700 | $74,200 |
| 2021 | $4,151 | $201,500 | $130,600 | $70,900 |
| 2020 | $4,075 | $197,800 | $128,200 | $69,600 |
| 2019 | $3,911 | $183,600 | $121,000 | $62,600 |
| 2018 | $3,012 | $141,400 | $121,000 | $20,400 |
| 2017 | $3,260 | $163,000 | $121,000 | $42,000 |
| 2016 | $3,632 | $187,200 | $140,500 | $46,700 |
| 2015 | $3,351 | $187,200 | $140,500 | $46,700 |
| 2014 | $3,220 | $187,200 | $140,500 | $46,700 |
Source: Public Records
Agents Affiliated with this Home
-
Davian Akers
Seller's Agent in 2025
Davian Akers
Keller Williams Realty
(207) 712-5341
128 Total Sales
-
Heidi Hutchins
Buyer's Agent in 2025
Heidi Hutchins
EXP Realty
(207) 420-6016
66 Total Sales
-
Tom Landry
Buyer's Agent in 2021
Tom Landry
Benchmark Real Estate
(207) 775-0248
321 Total Sales
-
S
Buyer Co-Listing Agent in 2021
Shelly Warters
Benchmark Real Estate
-
Joseph Mullins
J
Seller's Agent in 2017
Joseph Mullins
CENTURY 21 Queen City Real Estate
(207) 745-2409
34 Total Sales
-
M
Buyer's Agent in 2017
Michael Merrow
Trundy & Company Real Estate
Map
Source: Maine Listings
MLS Number: 1630417
APN: NEPT-000019-000000-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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