Closed
Zestimate®
$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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Owner options
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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#: 1646945
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
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Sold | $95,000$64/sqft |
Source: | ||
| 2/24/2026 | Pending sale | $95,000$64/sqft |
Source: | ||
| 1/28/2026 | Contingent | $95,000$64/sqft |
Source: | ||
| 1/19/2026 | Price change | $95,000-5%$64/sqft |
Source: | ||
| 12/18/2025 | Listed for sale | $100,000-46.9%$67/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 4/10Madison Junior High SchoolGrades: 5-8Distance: 5.7 mi
- 3/10Madison Area Memorial High SchoolGrades: 9-12Distance: 4.4 mi
- 2/10Madison Elementary SchoolGrades: PK-4Distance: 6.2 mi
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