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Ranch Duplex with Lake Access
For Sale
$340,000

23-31 Island Lane, Burnham, ME 04922

Multi-Family, Burnham, ME

Property Size2,400 SF
Lot Size1.02 Acres
Price / SF$141.67
Days on Market58

Property Features for 23-31 Island Lane

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Resource Protection
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Pets allowed No
Interior features 1st Floor Bedroom, Shower
Lot features Open, Level, Wooded, Rural
Standard status Active
Size 2,400 SF
Lot size 1.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4702

Utilities

Sewer type Septic Tank, Private Sewer
Heating system Propane (Heating), Radiant, Hot Water(Heating)
Water source Well, Private
Water front features Lake
Water front 1

Amenities

tile floors
radiant heat
deeded access to Carlton Stream and Unity Pond
winter access to Unity Pond

Building Details

Year built 2009
Number of units 2
Flooring type Tile
Building materials Wood Frame, Wood Siding
Roof type Shingle
Architectural style Ranch
Listing Agency: Coldwell Banker Plourde Real Estate · Coldwell Banker Real Estate
Listed By: Joseph Saltalamachia
Added: Aug 11 Changed: Sep 14 Last Checked: Oct 7 at 12:06AM
MLS# 1675709

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2009, this 2,400-square-foot ranch-style duplex occupies 1.02 acres and provides a two-unit residential configuration. The building features wood-frame construction with wood siding, tile flooring, radiant hot-water heat, and two bathrooms. Interior features include a first-floor bedroom and a shower. The property is served by a private well and private septic system, with a shingle roof and Resource Protection zoning.

Deeded access extends to Carlton Stream and Unity Pond through Island Lane, with additional winter access to Unity Pond via a winter trail. The waterfront setting and two-unit layout provide distinct residential-use characteristics while retaining the practical features of a standalone property.

Key Highlights

  • 2,400‑square‑foot duplex built in 2009
  • 1.02‑acre parcel with Resource Protection zoning
  • Deeded access to Carlton Stream and Unity Pond via Island Lane

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 04922, ME

1,096
Population
591
Households
1.9
Avg Household Size
48
Median Age
21%
College-Educated
86%
High-School Grad
38.9 sq mi
ZIP Area
28
Density / Sq Mi
$59,615
Median Household Income
$33,854
Median Earnings
$1,219
Median Rent
$150,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with radiant heat, tile flooring, and deeded access to Carlton Stream and Unity Pond.
Where is this duplex located?
The property is located at 23-31 Island Lane Burnham, ME.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 2,400‑square‑foot duplex built in 2009; 1.02‑acre parcel with Resource Protection zoning; Deeded access to Carlton Stream and Unity Pond via Island Lane
More about this property
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