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$450,000
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Property Description
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.
Full Property Details
Full Property Details for 1 Martel Ln Ln
General
- Price: $450,000
- Taxes: $1,599 (2025)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1671038
- Updated: 8/26/2026
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Cooktop, Dishwasher, Refrigerator
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Main Level
Additional Information
- Equipment: Internet Access Available
Exterior
- Exterior Features: Animal Containment System
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Gravel, 1 - 4 Spaces
Location
- County: Cumberland
School Information
- High School District: RSU 61/MSAD 61
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Propane, Wood Stove
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Ranch
- Structure Type: Modular
- Construction: Mobile, Vinyl Siding
- Basement: Yes
- Basement Desc.: Not Applicable, None
- Roof: Shingle
- Square Feet: 1,560
- Sq. Ft. Source: Seller
- Finished Total: 1,560 Sq. Ft.
- Finished Above Grnd: 1,560 Sq. Ft.
- Year Built: 2022
Manufactured Home
- Mobile Home Type: Double Wide
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 3.18
- Lot Size (Sq. Ft.): 138,520.8
- Zoning: MBL
- Lot Description: Near Public Beach, Near Shopping, Near Town, Ski Resort, Level, Open Lot, Wooded
Green Features
- Energy Efficient: Ceiling Fans
Financial Considerations
- Tax Amount: $1,599.26
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 51
Listed by Portside Real Estate Group (207) 619-7571
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Schools
Schools serving 1 Martel Ln Ln
School District:School Administrative District 61
| Name | Grades | Distance |
|---|---|---|
Stevens Brook School 14 Frances Bell Drive, Bridgton, ME 04009 | K-5 | 4.7 mi |
Lake Region Middle School 204 Kansas Road, Naples, ME 04055 | 6-8 | 8.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Martel Ln Ln
Date
Details
Price
Change
Source
8/26/2026
Price Reduced
$450,000
-6.23%
MLS
8/08/2026
Price Reduced
$479,900
-4%
MLS
7/20/2026
Price Reduced
$499,900
-9.11%
MLS
7/09/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Martel Ln Ln
1 Martel Lane Lane, Bridgton, ME 04009 (MLS# 1671038) is a Single Family property with 9 bedrooms and 5 full bathrooms. 1 Martel Lane Lane is currently listed for $450,000 and was received on July 09, 2026. Want to learn more about 1 Martel Lane Lane? Do you have questions about finding other Single Family real estate for sale in Bridgton? You can browse all Bridgton real estate or contact a Coldwell Banker agent to request more information.

