$649,000
$50K PRICE DROP

96 Mineral Spring Rd Windham, ME 04062

Estimated payment $4,162/month

Total Views 6,966
-- Bed
4 Baths
2,940 Sq Ft
$221 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Public Beach
  • Property is near shops
  • 160 Feet of Waterfront
  • 1.56 Acre Lot
  • Forced Air Heating System

About This Home

Rare Investment Opportunity Near Sebago Lake - Multi-Unit Property with Huge Potential. Opportunity awaits. This unique property offers incredible potential for investors, contractors, or buyers looking to create value. Located just a short walk to association access on beautiful Sebago Lake, the property features multiple units and flexible living space with the possibility for rental income or multi-generational use.
While the property does require updates and improvements, the location and potential make it a rare opportunity in the Windham/Sebago Lake area. Enjoy the benefits of lake access while being conveniently located near local amenities, restaurants, and year-round recreation.
Whether you're looking for an investment project, seasonal retreat, or property with income potential, this is a chance to bring your vision to life in one of Southern Maine's most desirable lake regions.

Listing Agent

Jackie Griffeth

Krainin Real Estate Listed on: 03/09/2026

Co-Listing Agent

Meagan Griffeth

Krainin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,361

Year Built

  • Built in 1940

Lot Details

  • 1.56 Acre Lot
  • 160 Feet of Waterfront
  • Public Beach

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 4 Full Bathrooms
  • Water Views
  • Interior Basement Entry

Flooring

  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Additional Features

  • Additional Residence on Property
  • Property is near shops

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 09
  • Assessor Parcel Number WINM-000075-000000-000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,361

Year Built

Built in 1940

Lot Details

1.56 Acres

HOA Fees

$21 per month

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.56
  • Water Body Name: Sebago Lake
  • Co List Office Phone: 207-655-3811
  • MLS Status: Active
  • Directions: Mineral Springs
  • Above Grade Finished Sq Ft: 2372.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Year Built: 1940
  • Contract Information:List PriceSqFt: 273.61
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Water Info:Waterfront Amount -: 160.0
  • Water Info:Water Frontage Shared -: 160.0
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 568.0
  • Flooring: Carpet, Vinyl

Exterior Features

  • Waterfront: Yes
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Unknown
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 67953.6
  • Parcel #: WINM-000075-000000-000009
  • Zoning: RL

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 8361.0
  • Tax Lot: 09
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $8,361 $693,300 $330,200 $363,100
2024 $7,839 $683,400 $330,200 $353,200
2023 $7,194 $642,300 $307,100 $335,200
2022 $6,338 $545,900 $247,600 $298,300
2021 $5,506 $437,000 $173,900 $263,100
2020 $1,974 $374,200 $161,700 $212,500
2019 $6,647 $374,200 $161,700 $212,500
2018 $0 $339,500 $142,700 $196,800
2017 $5,792 $352,500 $176,700 $175,800
2016 $5,534 $352,500 $176,700 $175,800
2015 $5,340 $352,500 $176,700 $175,800
2014 $5,171 $352,500 $176,700 $175,800
2013 $5,094 $352,500 $176,700 $175,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2026 03/30/26 Price Changed $649,000 -7.2% $221 / Sq Ft
03/09/2026 03/09/26 For Sale $699,000 -- $238 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1653714

Maine Listings

APN: WINM-000075-000000-000009

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