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$525,000 Just Listed
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Property Description
Welcome to Collins Pond Cottage -- a private, character-filled year-round waterfront retreat offering 150 feet of frontage on scenic Collins Pond. This charming 2-bedroom, 1,275 sq ft cottage captures the very best of Maine lake living, where mornings begin with coffee on the private dock as eagles soar overhead and evenings are spent gathered around the stunning stone fireplace on the expansive waterside deck. Inside, warm wood finishes and natural light create an inviting atmosphere throughout the open-concept living space. Thoughtfully designed to showcase the beauty of the waterfront setting, the home features a galley-style kitchen with a gas stove and a spacious living room highlighted by a dramatic wall of windows overlooking the pond and a cozy gas fireplace. A newly renovated bathroom with a luxury shower completes the main level. Upstairs, the waterfront primary bedroom offers its own private balcony -- the perfect spot to start or end the day surrounded by peaceful water views. A second bedroom/den provides flexible space for guests, a home office, or quiet retreat. Outdoor enthusiasts will love the endless four-season recreation right from the property, including kayaking, canoeing, sailing, paddleboarding, fishing, ice fishing, and skating. Hiking, biking, and skiing are all nearby, making this an ideal getaway or full-time residence year-round. Conveniently located just 5 minutes from North Windham, you'll enjoy easy access to shopping, restaurants, and local attractions, while vibrant Portland is only 30 minutes away with its renowned dining scene, local breweries, arts, shopping, Casco Bay access, and iconic working waterfront. The property has also been enjoyed as a successful Airbnb with a strong rental history and 98- 5-star reviews, offering exceptional investment potential alongside unforgettable personal enjoyment. Open House Saturday, May 9th, 12-2pm
Full Property Details
Full Property Details for 42 Emerson Dr
General
- Price: $525,000
- HOA FEE: $20/month
- HOA FEE FREQ.: Annually
- Taxes: $5,603 (2025)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1661033
- Updated: 5/7/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Pantry, Shower, Storage
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: 1 - 4 Spaces, Gravel
Location
- County: Cumberland
Community
- Association: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Direct Vent Heater, Baseboard
Utilities
- Sewer: Private Sewer, Septic Design Available
- Water: Private
Structural Information
- Architectural Style: Other
- Construction: Wood Siding, Shingle Siding, Other, Wood Frame
- Roof: Slate
- Building Size: 1275
- Square Feet: 1,275
- Sq. Ft. Source: Public Records
- Living Area: 1,275 Sq. Ft.
- Finished Total: 1,275 Sq. Ft.
- Finished Above Grnd: 1,275 Sq. Ft.
- Year Built: 1900
Lot Features
- Property View: Scenic
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Size Source: Public Records
- Zoning: SZ
- Lot Description: Rolling/Sloping, Near Shopping, Near Town
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $240
- Assoc Fee Freq.: Annually
- Tax Amount: $5,603
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 29
Listed by The Maine Real Estate Group (207) 329-4534
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Schools
Schools serving 42 Emerson Dr
School District:Regional School Unit 14
| Name | Grades | Distance |
|---|---|---|
Manchester School 709 Roosevelt Trail, Windham, ME 04062 | 4-5 | 0.4 mi |
Windham Primary School 404 Gray Road, Windham, ME 04062 | K-3 | 3.5 mi |
Windham Middle School, Windham, ME 408 Gray Road, Windham, ME 04062 | 6-8 | 3.3 mi |
Windham High School, Windham, ME 406 Gray Road, Windham, ME 04062 | 9-12 | 3.3 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 42 Emerson Dr
Date
Details
Price
Change
Source
5/07/2026
Listed
$525,000
79.49%
MLS
12/04/2020
Sold
$292,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 42 Emerson Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,603
5%
$464,600
—
2024
$5,329
9%
$464,600
6%
2023
$4,897
10%
$437,200
14%
2022
$4,468
6%
$384,800
15%
2021
$4,213
21%
$334,400
45%
2020
$3,470
2%
$231,300
—
2019
$3,386
5%
$231,300
9%
2018
$3,211
13%
$211,500
23%
2017
$2,836
5%
$172,600
—
2016
$2,710
4%
$172,600
—
2015
$2,615
3%
$172,600
—
2014
$2,532
2%
$172,600
—
2013
$2,494
—
$172,600
—
Disclaimer: Historical tax 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 42 Emerson Dr
42 Emerson Drive, Windham, ME 04062 (MLS# 1661033) is a Single Family property with 2 bedrooms and 1 full bathroom. 42 Emerson Drive is currently listed for $525,000 and was received on May 07, 2026. Want to learn more about 42 Emerson Drive? Do you have questions about finding other Single Family real estate for sale in Windham? You can browse all Windham real estate or contact a Coldwell Banker agent to request more information.

