About this home
Rangeley's finest individually owned condominium cabins! The main house is available as a separately owned unit, creating a rare ownership opportunity on Rangeley Lake. Enjoy 220 feet of shared waterfront with a dock, along with an additional 107 feet of nearby swimming frontage. Set on 3.11 acres of common land, the property includes a sauna, fiber optic internet, and excellent year-round rental potential. Conveniently located close to town, Saddleback, and everything the Rangeley area has to provide. As the largest of the seven cabins, this 3-bedroom, 1.5-bath home is rich with classic North Woods charm. Features include cathedral ceilings, lake views, an open living area, and a cozy galley kitchen. The partially finished basement provides laundry space and a garage bay, ideal for storing outdoor gear and recreational equipment. Enjoy all-day sunlight from the spacious deck. Trash removal and grounds maintenance are shared through the association. A 960 sq ft garage is also shared for use by the association. Approximately 1,400 sq ft of finished living space provides ample room for friends and family, making this an exceptional opportunity for lakeside living or investment.
Listing last checked: Listing updated:
Listed by Listing Agent · Brookewood Realty · MLS #1664915
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Details at a glance
Interior5 property facts
- Rooms
- 7
- Heating
- Propane, Baseboard, Radiant
- Cooling
- None
- Flooring
- Tile, Wood
- Fireplaces
- 0
Building5 property facts
- Style
- Condominium
- Year built
- 2001
- Garage
- 1
- Foundation
- Poured Concrete
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 3.11 acres
- Water
- Public
- Sewer
- Septic Tank
- Waterfront
- Y
- Zoning
- Commercial
Financial3 property facts
- Annual taxes
- $4,066
- Assessment year
- 2024
- HOA fee
- $400 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $499,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,867 / monthAdjust
- Principal & interest
- $2,528
- Property tax
- $339
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,066. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $400. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 5 Lyons Lane #1
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