40 Highpoint DriveFrye Island, ME 04071Price: $429,000

This rare 4 bedrm + Loft cottage on Frye Island is your chance to create the ultimate Maine lake retreat. Lovingly held by the same family for generations, this spacious home is filled with charm, opportunity, and unforgettable potential. Ideally located in the heart of the island, directly across from the community center and tennis courts, you'll enjoy easy access to beaches, the golf course, marina, and all of Frye Island's amenities--just a short walk or golf cart ride away. Inside, the sun-filled great room welcomes you with oversized front windows, abundant natural light, and an inviting open feel. Step outside to the large deck and covered porch, perfect for summer gatherings, morning coffee, or relaxing after a day on Sebago Lake. With five bedrooms, there's plenty of space for hosting family and friends for generations to come. The upstairs loft includes a closet already positioned for a potential half bath, and the property offers the perfect setup for adding the classic outdoor shower every Maine cottage deserves. While the home is ready for cosmetic updates, the possibilities here are endless. Whether you're dreaming of restoring its nostalgic cottage character or creating a modern island getaway, this is a rare opportunity to make it truly your own. A new roof and interior painting was just installed giving the next owner an excellent head start. After 46 years of cherished memories, this beloved Frye Island cottage is ready for its next chapter. Bring your vision, make it shine, and start creating memories that will last a lifetime.