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  • $95,000

    394 Lakewood Road, Madison, ME 04950

    4beds
    1,482sqft
    Single Family Residence
    Built in 1965
    1.09 Acres Lot
    $95,000 Zestimate®
    $64/sqft
    $2,047 Estimated rent

    Home value

    $95,000

    Estimated sales range

    Not available

    $2,047/mo

    Zestimate® history
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    $493/mo

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    What's special

    1960's Dormered Cape Cod style home offers 4 bedrooms and living room with wood floors. This four-bedroom, two-bathroom 1482 SQ. FT. home offers substantial investment potential with 2 bedrooms and a full bath on each level. The enclosed rear porch serves as a quiet respite from the eat-in kitchen where you can savor your morning coffee while taking in views of your backyard. An added bonus the porch expands your living area and creates an entertainment area for guests. Private utilities. Full basement under main home with interior and exterior access. Footprint for a potential one car garage. Minutes to Skowhegan amenities and just 20 miles from Waterville, its hospital, Colby and Thomas Colleges and the I-95 Corridor. Recreational opportunities are in your proverbial backyard. The home's potential charm combined with its improvement potential creates multiple pathways to increase equity. Whether seeking a personal residence or a strategic investment, this home delivers compelling value.

    Zillow last checked: 8 hours ago

    Listing updated: February 27, 2026 at 12:35pm

    Listed by:

    Rizzo Mattson 207-622-9000

    Bought with:

    Listings Direct

    Source: Maine Listings,MLS#: 1646945MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Kitchen
    • Features: Eat-in Kitchen
    • Level: First
    Living room
    • Level: First
    Sunroom
    • Level: First
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Wood, Linoleum
    • Basement: Interior Entry
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,482
    • Total interior livable area: 1,482 sqft
    • Finished area above ground: 1,482
    • Finished area below ground: 0

    Property

    Features
    • Levels: Multi/Split
    • Patio & porch: Glassed-in Porch
    Lot
    • Size: 1.09 Acres
    Details
    • Parcel number: MADNM004L011
    • Zoning: Residential Rural

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1965

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer, Unknown
    • Water: Private, Well

    Community & neighborhood

    Location
    • Region: Madison

    Other

    Other facts
    • Ownership: Special Warranty

    Price history

    DateEventPrice
    2/26/2026Sold$95,000$64/sqft
    Source: Maine Listings #1646945 Report a problem
    2/24/2026Pending sale$95,000$64/sqft
    Source: Maine Listings #1646945 Report a problem
    1/28/2026Contingent$95,000$64/sqft
    Source: Maine Listings #1646945 Report a problem
    1/19/2026Price change$95,000-5%$64/sqft
    Source: Maine Listings #1646945 Report a problem
    12/18/2025Listed for sale$100,000-46.9%$67/sqft
    Source: Maine Listings #1646945 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,882 +11.2%$179,000 +15.3%
    2023$2,592 +10.5%$155,200 +23%
    2022$2,346 +0.2%$126,200 +4.6%

    Find assessor info on the county website

    Neighborhood: 04950

    Nearby schools

    GreatSchools rating
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