397 Sebago Lake Road

Closed 3/5/20
Closed 3/5/20
Lead Image
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Sold
Last Sold Price
$277,000
2 beds1,387 sqft$200/sqft
397 Sebago Lake Rd, Gorham, ME 04038
Single FamilyProperty Type
1.02 acresLot Size
1960Year Built
$200/sq ftPrice per sq ft
2 carsParking Spaces

Description

Discover this beautifully updated two bedroom ranch with an open concept living area, a partially finished basement, and a two car attached garage. The interior of the home features a remodeled kitchen, hardwood floors, and a large living area with a pellet stove insert. The exterior offers a front patio, large rear deck, a walk-up attic above the garage, and a perfect workshop space attached to the two car garage, along with a big, private, backyard. This home is only five minutes to Sebago Lake...Discover this beautifully updated two bedroom ranch with an open concept living area, a partially finished basement, and a two car attached garage. The interior of the home features a remodeled kitchen, hardwood floors, and a large living area with a pellet stove insert. The exterior offers a front patio, large rear deck, a walk-up attic above the garage, and a perfect workshop space attached to the two car garage, along with a big, private, backyard. This home is only five minutes to Sebago Lake Village and surrounded by lots of great hiking, biking, and snowmobiling trails.
  • Listed by: David Willis 207.839.3390 david@willisrealestate.com • Willis Real Estate
  • Listed by: Paul Willis 207.839.3390 willisteam@willisrealestate.com • Willis Real Estate
Listing closed: 03/05/2020 12:00 AM • Source: Maine Listings, MLS#: 1442639

Recent comparable sales

Median sold price

$365,000

Avg days on market

58

Sale-to-list ratio

155.1%

Gorham, ME

9 comparable properties found

$375,000 | 81 Wilson Road, Gorham, ME 04038
1/39
1

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2
Bedrooms
1,596
Square Feet
1.8
Acres

81 Wilson Road, Gorham, ME 04038

$380,000 | 112 Shaws Mill Road, Gorham, ME 04038
1/40
2

$380,000

Sold 06/02/25

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Square Feet
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Acres

112 Shaws Mill Road, Gorham, ME 04038

$365,000 | 56 Mallard Drive, Gorham, ME 04038
1/21
3

$365,000

Sold 08/19/25

2
Bedrooms
760
Square Feet
0.17
Acres

56 Mallard Drive, Gorham, ME 04038

$265,000 | 126 Shaws Mill Road, Gorham, ME 04038
1/29
4

$265,000

Sold 11/12/24

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Bedrooms
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Square Feet
0.5
Acres

126 Shaws Mill Road, Gorham, ME 04038

$300,000 | 3892 County Road 18, Gorham, NY 14424
1/2
5

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0.84
Acres

3892 County Road 18, Gorham, NY 14424

$440,000 | 412 Sebago Lake Road, Gorham, ME 04038
1/55
6

$440,000

Sold 07/02/26

3
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1,232
Square Feet
0.87
Acres

412 Sebago Lake Road, Gorham, ME 04038

$325,000 | 104 Wescott Road, Gorham, ME 04038
1/25
7

$325,000

Sold 07/14/25

3
Bedrooms
1,008
Square Feet
3
Acres

104 Wescott Road, Gorham, ME 04038

$277,200 | 116 Dingley Spring Road, Gorham, ME 04038
1/57
8

$277,200

Sold 03/18/26

3
Bedrooms
1,491
Square Feet
0.95
Acres

116 Dingley Spring Road, Gorham, ME 04038

9

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Sold 05/22/25

2
Bedrooms
1
Bathrooms
1,469
Square Feet
2.7
Acres

24 Callisa Lane, Gorham, ME 04038

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Location

Listing Courtesy of Willis Real Estate

Sold By Coldwell Banker Realty

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Principal and Interest

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Property Taxes

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Property Information for 397 Sebago Lake Road

Property Details
  • Taxes: $2,949 / year
  • MLS Type: Residential / Single Family Residence
  • County: Cumberland County
  • Architectural Style: Ranch
  • Style: Ranch
  • Has Waterfront: No
  • Zoning: SR
Building Information
  • Year Built: 1960
  • Lot Size: 1.02 AC / 44,431 SF
Summary
Location and General Information
  • Water View: No
  • Location: Rural
  • Page: 100
  • Zoning Overlay: No
  • Directions: Sebago Lake Road (Rt 237) to #397.
  • Latitude: 43.766743
  • Longitude: -$70.48
Taxes and HOA
  • Association: No
  • Parcel Number: GRHM-000089-000038
  • Tax Lot: 38
  • Tax Book Number: 28220
  • Tax Map Number: 89
  • Tax Year: 2019
  • Tax Annual Amount: $2,949.00
Parking
  • Parking Features: Paved
  • Vehicle Storage: 2 Car, Attached
  • Has Attached Garage: Yes
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Well Landscaped, Open, Level, Rural
  • Lot Size Acres: 1.02
  • Lot Size Area: 1.02
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 44431.2
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Site: Level, Open, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 1195.0
  • Below Grade Finished Area: 192.0
  • Building Area Source: Public Records
  • Building Area Total: 1387.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Wood Frame
  • Year Built: 1960
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Shingle Siding, Wood Frame
  • Other Structures: Shed(s)
  • Color: Sage Green
Financial Information
  • List Price/SqFt: $225.10
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Oil
  • Electric: On Site, Circuit Breakers
  • Gas: No Gas
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Well, Private
  • Water Heater: Electric
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Shingle Siding
  • Roof: Pitched, Shingle
  • Driveway: Paved
Interior Features
  • Amenities: Attic, Storage
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Appliances Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Bathrooms Full: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Fireplaces Total: 1
  • # Full Baths Level 1: 1
  • Rooms Total: 8
  • Basement: Interior, Finished, Full, Bulkhead
  • Basement: Finished, Full
  • Basement Entry: Bulkhead, Interior
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck, Patio
  • Has Cooling: No
  • Heating: Forced Air
  • Has Heating: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Attic, Storage
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: First
  • Bedroom 1 Amenities: Closet
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: First
  • Bedroom Amenities 2: Closet
Bonus Room
  • Bonus Room: Bonus Room
  • Bonus Room Level: Basement
Dining Room
  • Dining Room: Dining Room
  • Dining Room Level: First
Family Room
  • Family Room: Family Room
  • Family Room Level: Basement
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Countertop: Granite
Living Room
  • Living Room: Living Room
  • Living Room Level: First
  • Living Room Amenities: Heat Stove
Mud Room
  • Mud Room: Mud Room
  • Mud Room Level: First
Rental
Rent Information
  • Land Lease: No

Property History for 397 Sebago Lake Road

DateEvent & SourcePriceAppreciation
Mar 5, 2020

Sold

Maine Listings #1442639

$277,000—
Jan 19, 2020

Pending

Maine Listings #1442639

—
Dec 4, 2019

Listed (Active)

Maine Listings #1442639

$269,000—
DateEvent & SourcePrice
03/05/2020

Sold

Maine Listings #1442639

$277,000
01/19/2020

Pending

Maine Listings #1442639

—
12/04/2019

Listed (Active)

Maine Listings #1442639

$269,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 397 Sebago Lake Road

Taxable ValueLand$87,900Additions$199,800Total$287,700
Tax Record2025$4,258 ($355 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,195 SqFtAbove Grade Finished SqFt1,195 SqFtUnfinished Basement SqFt834 SqFtStories1Lot Size44,431 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1989ZoningSRCountyCUMBERLANDAPNGRHM M:089 B:038 L:000

Schools near 397 Sebago Lake Road

This home is within Gorham Public Schools.
Rating
School
Type
Grades
Distance
Great Falls Elementary School
Public - K to 5
Gorham Middle School
Public - 6 to 8
Gorham High School
Public - 9 to 12
Rating
School
Distance
Great Falls Elementary School
PublicK to 5

Gorham Middle School
Public6 to 8

Gorham High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 397 Sebago Lake Road, Gorham, ME 04038
$277,000
2
1,387
44,431
396 Sebago Lake Road, Gorham, ME 04038
$260,000
3
1,480
21,780
394 Sebago Lake Road, Gorham, ME 04038
–
3
1
1,344
326,700
405 Sebago Lake Road, Gorham, ME 04038
$318,000
2
828
43,560
404 Sebago Lake Road, Gorham, ME 04038
–
2
1
536
30,492
23 Cole Drive, Gorham, ME 04038
–
3
3
3,754
151,589

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Listing Courtesy of Willis Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.