Discover a rare 10+ acre waterfront property encompassing two separate residences with over 1,400 feet of frontage on Sebago Cove, offering exceptional privacy and direct access to Sebago Lake. The main residence showcases a modern passive solar design with striking post-and-beam construction, featuring 3 brms and 2 full bths. A dramatic iron spiral staircase adds architectural character, while the open-concept kitchen features high-end appliances, a waterfall island, and expansive views of the cove through oversized windows. Radiant flr heating throughout provides year-round comfort. The 1st floor primary suite offers a spacious en-suite bath. The walk-out lower level features a large family rm that opens directly onto an expansive patio--perfect for outdoor dining, relaxing in the hot tub, or stepping into the yard for easy access to wooded trails and the shoreline. A beautifully converted post-and-beam barn serves as a separate guest cottage with 3 brms and 2 full bths. A custom-crafted staircase built from oversized solid wood planks creates a stunning focal point, while natural wood walls fill the space with the rich character. An inviting loft den centered around a freestanding gas stove, its own outdoor hot tub beneath the covered porch, and a welcoming fire pit gathering area beside the full glass garage door seamlessly blend indoor and outdoor living. Currently operating as a successful Airbnb, the property offers the opportunity to continue the established vacation rental business and branding or transform it into an extraordinary private estate. Offered fully furnished, the sale also includes a dock, kayaks, and paddleboards, allowing you to begin enjoying the waterfront lifestyle immediately. This is a truly one-of-a-kind offering where privacy, waterfront living, proven rental income, exceptional future development potential, and the serenity of nature come together on the shores of Sebago Cove.