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1 Martel Lane Lane, 
Bridgton, ME 04009

$499,900


9

Beds


5

Baths


1,560

Sq Ft


Single Family

Active

Portside Real Estate Group

Last updated:

August 8, 2026, 11:13 AM

MLS#

1671038

Source:

ME MREIS

About This Home

1 Martel Lane Lane

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.

Home Facts

Single Family

5 Baths

9 Bedrooms

Built in 2022

Price Summary

499,900

$320 per Sq. Ft.

MLS #:

1671038

Last Updated:

August 8, 2026, 11:13 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5


Structure

Structure

Architectural Style:

Ranch

Building Area:

1,560 Sq. Ft.

Year Built:

2022


Lot

Lot Size (Sq. Ft):

138,520


Finances & Disclosures

Finances

Price:

$499,900

Price per Sq. Ft:

$320 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.