50 Island Rd Limerick, ME 04048
Estimated payment $3,956/month
Highlights
- 517 Feet of Waterfront
- Clubhouse
- Wooded Lot
- Spa
- Deck
- Ranch Style House
About This Home
Welcome to a tranquil retreat on the shores of Lake Arrowhead, nestled on 1.85 acres of peaceful, wooded land. This inviting home features three bedrooms and two full baths, combining comfort and simplicity with a lakeside lifestyle. Inside, you'll be welcomed by a living room warmed by a traditional wood stove, perfect for those crisp Maine evenings. Large windows draw in natural light and views of the surrounding trees, while a seamless flow leads to the outdoors. Step onto the generous deck where morning coffee and sunset cocktails both feel right at home. The deck offers stunning views of the lake and the backyard's natural landscape, setting the tone for quiet reflection or easy-going entertaining. Below, the daylight basement presents a bright and expansive space with tall ceilings and ample windows—ideal for a workshop, creative studio, or the future possibility of an extra living area. A spacious two-car garage rounds out the convenience. Outside, the property continues to impress. Relax in a wood-fired hot tub beside the lake as the sounds of nature wash over you. From your private dock, launch a canoe or kayak and glide across calm water while enjoying the company of deer, birds, and other wildlife. This home has it all—privacy, lake-front access, flexible indoor space, and an atmosphere of serene escape. Whether you envision weekend getaways or full-time lakeside living, this property delivers a rare combination of comfort, nature, and possibility. As part of the Lake Arrowhead Community, homeowners have access to two clubhouses. Clubhouse 1 is located in Limerick and has an indoor pool, and a gym which includes a weight room and a cardio room. Clubhouse 2 is located in North Waterboro and has an indoor pool, an outdoor pool, a ping pong table, a pool table, an air hockey table and a meeting room, which members can rent for parties, etc.
Listing Agent
Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 11/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,095
Year Built
- Built in 2018
Lot Details
- 1.85 Acre Lot
- 517 Feet of Waterfront
- Cul-De-Sac
- Rural Setting
- Open Lot
- Lot Has A Rolling Slope
- Wooded Lot
- Property is zoned Shoreland
HOA Fees
- $106 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
Property Views
- Water
- Scenic Vista
- Woods
Home Design
- Ranch Style House
- Wood Frame Construction
- Shingle Roof
- Fiberglass Roof
- Vinyl Siding
Interior Spaces
- 1,588 Sq Ft Home
- Tile Flooring
- Home Security System
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Natural lighting in basement
Outdoor Features
- Spa
- Deck
Utilities
- Cooling Available
- Forced Air Heating System
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Private Sewer
- Internet Available
Listing and Financial Details
- Tax Lot 63-66
- Assessor Parcel Number LIME-000046-000000-000063
Community Details
Overview
- Lake Arrowhead Subdivision
- The community has rules related to deed restrictions
Amenities
- Clubhouse
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,095 | $536,278 | $208,016 | $328,262 |
| 2023 | $4,847 | $318,858 | $78,650 | $240,208 |
| 2022 | $4,528 | $318,858 | $78,650 | $240,208 |
| 2021 | $4,234 | $255,086 | $62,920 | $192,166 |
| 2020 | $4,183 | $255,086 | $62,920 | $192,166 |
| 2019 | $4,018 | $255,086 | $62,920 | $192,166 |
| 2018 | $2,465 | $152,630 | $51,920 | $100,710 |
| 2017 | $517 | $32,844 | $32,844 | $0 |
| 2016 | $494 | $32,844 | $32,844 | $0 |
| 2015 | $480 | $32,844 | $32,844 | $0 |
| 2014 | $465 | $32,844 | $32,844 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $749,500 | +15.3% | $472 / Sq Ft | |
| 11/14/2025 11/14/25 | For Sale | $649,900 | +110.0% | $409 / Sq Ft | |
| 12/20/2018 12/20/18 | Sold | $309,500 | -4.8% | $195 / Sq Ft | View Prior Sale |
| 10/18/2018 10/18/18 | Pending | -- | -- | -- | |
| 03/28/2018 03/28/18 | For Sale | $325,000 | -- | $205 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $309,500 | VA |
Source: Maine Listings
MLS Number: 1643508
APN: LIME-000046-000000-000063
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