$250,000

338 Lakewood Rd Madison, ME 04950

Estimated payment $1,589/month

Total Views 352
3 Beds
1 Bath
1,247 Sq Ft
$200 Price per Sq Ft

Highlights

  • Hot Property
  • View of Trees or Woods
  • Ranch Style House
  • Nearby Water Access
  • 1.93 Acre Lot
  • Wood Flooring

About This Home

Charming Ranch on 1.5+ Acres - First Time on the Market!
Discover the perfect blend of comfort, character, and potential in this well-loved three-bedroom ranch, nestled on a beautiful 1.57-acre lot in Madison. On the market for the first time since it was built in 1964, this home has been thoughtfully maintained by its original owner and offers solid construction, spacious single-level living, and a warm, inviting feel throughout.

Enjoy morning coffee in the sunny three-season porch, host friends in the large backyard, or cozy up inside and make it your own with just a few modern touches. A detached two-car garage adds great storage and convenience, and you're only minutes from downtown Skowhegan, shopping, dining, and schools.

Whether you're a first-time buyer, downsizer, or investor looking for a solid home with room to grow, this property is full of possibilities!

Listing Agent

Ernest Falcone

Keller Williams Realty Listed on: 08/15/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1964

Lot Details

  • 1.93 Acre Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,247 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Views of Woods

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number MADN-000004-000000-000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,713

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.93
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1247.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1964
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.93
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1247.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Water Info:Island3: No
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Other Equipment: Internet Access Available
  • Has Basement: Interior, Walk-Out Access, Full, Bulkhead, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open, Near Shopping, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Auto Door Opener, 5 - 10 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84070.8
  • Parcel #: MADN-000004-000000-000015
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2713.0
  • Tax Book Number: 2749
  • Tax Lot: 15
  • Tax Map Number: 4
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,713 $168,500 $51,400 $117,100
2023 $2,437 $145,900 $44,100 $101,800
2022 $2,227 $119,800 $35,400 $84,400
2021 $2,222 $114,400 $33,800 $80,600
2020 $126 $110,500 $33,800 $76,700
2019 $2,348 $110,500 $33,800 $76,700
2018 $2,376 $110,500 $33,800 $76,700
2017 $2,376 $110,500 $33,800 $76,700
2016 $2,373 $113,000 $36,300 $76,700
2015 $2,204 $113,000 $36,300 $76,700
2014 $2,204 $113,000 $36,300 $76,700
2013 $1,981 $113,000 $36,300 $76,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $250,000 -- $200 / Sq Ft
Source: Maine Listings

Similar Homes in Madison, ME

  • 108 Lakewood Rd, Madison, ME 04950

    $248,000

    • 4 Beds
    • 2 Baths
    • 1,526 Sq Ft
    • 108 Lakewood Rd
    • Madison, ME

    12974 - Income-Generating Duplex on 6.4± Acre - Steps from Shopping & Amenities. First floor unit offers 2 bedrooms, pantry/laundry, kitchen, living room, and full bath. Second floor unit offers 2 bedrooms, kitchen, living room, full bath with laundry. Great investment opportunity. Detached barn great for storage and possibly more income generation. Turnkey! Outstanding visibility and road

    Heather Blodgett Allied Realty

    Section Image
  • 50 Widgeon Rd, Madison, ME 04950

    $295,000

    • 3 Beds
    • 1.5 Baths
    • 2,400 Sq Ft
    • 50 Widgeon Rd
    • Madison, ME

    12954 - This unique property offers beautiful lake views and plenty of character. Enjoy relaxing in the sunroom overlooking the backyard or unwind on the welcoming front porch. The home features a cozy upstairs summer bedroom and is conveniently located just 5 to 7 minutes from local shopping and dining options. A great opportunity for enjoyment or a peaceful retreat close to town.

    Abby Nichols Allied Realty

    Section Image
  • 16 Salmon Rd, Madison, ME 04950

    $260,000

    • 3 Beds
    • 1 Bath
    • 1,119 Sq Ft
    • 16 Salmon Rd
    • Madison, ME

    A charming retro camp with lake access...a rare find! Step back in time and soak in the nostalgic charm of this one-of-a-kind retro camp, tucked among the trees, with a large private yard. This cozy retreat offers the perfect blend of vintage character and rustic simplicity. Escape for the weekend, the whole Summer...or it could be a creative renovation project. A 20 ft. ROW allows access not far

    Desiree Dunphy Libby Worth Clark, Inc.

    Section Image
  • 10 Maxim St, Madison, ME 04950

    $249,900

    • 3 Beds
    • 1 Bath
    • 1,174 Sq Ft
    • 10 Maxim St
    • Madison, ME

    Looking for a newer home that offers comfort, space, and convenience? This could be the one you've been waiting for.Step inside through the oversized attached one car garage and enter a welcoming entryway that flows into a spacious open concept kitchen and living area. Tall ceilings and large windows fill the space with natural light, making it feel even more open and inviting. Whether

    Corey Lee Real Broker

    Section Image
  • 1626 E Madison Rd, Madison, ME 04950

    $200,000

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft
    • 1626 E Madison Rd
    • Madison, ME

    Are you looking for land, lots of land? This property has 20 acres, mostly wooded with an authentic log home with 2 bedrooms, 1 bath and outbuildings located on a corner lot. The home was built from trees on the property. You'll love the exposed beams, This is the perfect spot if you are looking to homestead and have a small farm. There are two outbuildings great for storage or animals. The

    Merline Douglas Lakehome Group Real Estate

    Section Image
  • 106 Nichols St, Madison, ME 04950

    $269,900

    • 1 Bed
    • 1 Bath
    • 2,880 Sq Ft
    • 106 Nichols St
    • Madison, ME

    Endless potential in the heart of Madison! This unique 2,880 square foot property offers a massive garage space with a one bedroom one bathroom apartment attached. This space is perfect for those who dream of living where they work or need space to create, store, or build. This apartment could easily be turned into an office if you chose to use it strictly as a commercial space. The garage

    Samantha LeBeau Meservier & Associates

    Section Image
  • 11 John St, Madison, ME 04950

    $195,000

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft
    • 11 John St
    • Madison, ME

    Welcome to this turn-key ranch-style home in the heart of Madison! This well-maintained property features an attached one-car garage and offers the convenience of one-floor living.Inside, you'll find three comfortable bedrooms, a spacious living room, and an eat-in kitchen with French doors that open to a private backyard, creating a seamless indoor-outdoor flow. Large windows throughout

    Misti Fecteau F.O. Bailey Real Estate

    Section Image
  • 20 Spruce St, Madison, ME 04950

    $299,900

    • 3 Beds
    • 3 Baths
    • 2,182 Sq Ft
    • 20 Spruce St
    • Madison, ME

    12973 -Spacious, Move-In Ready Home with Room to Grow! This move-in ready home offers space, flexibility, and great features both inside and out — perfect for families, hobbyists, or anyone looking for a property with potential.Key Features:•Flexible layout with multiple possibilities — turn the main living room into a spacious primary suite•Lower level can be used for additional

    Abby Nichols Allied Realty

    Section Image

Source: Maine Listings

MLS Number: 1634375

Maine Listings

APN: MADN-000004-000000-000015