50 Island Rd Limerick, ME 04048
Estimated payment $4,648/month
Highlights
- Deeded Waterfront Access Rights
- Spa
- Clubhouse
- 517 Feet of Waterfront
- 2.8 Acre Lot
- Deck
About This Home
Welcome to a tranquil retreat on the shores of Lake Arrowhead, nestled on 2.80 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. **This listing is for both 50 Island Road (MLS #1643508) and 0 Island Road (MLS #1643509)**
Listing Agent
Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 11/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,220
Year Built
- Built in 2018
Lot Details
- 2.8 Acre Lot
- 517 Feet of Waterfront
- Dirt Road
- Cul-De-Sac
- Rural Setting
- Open Lot
- Sloped Lot
- Wooded Lot
- Property is zoned Shoreland
HOA Fees
- $180 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Gravel Driveway
Property Views
- Water
- Scenic Vista
- Woods
Home Design
- Ranch Style House
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Fiberglass Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,588 Sq Ft Home
- Cathedral Ceiling
- Living Room
- Dining Room
- Home Security System
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
- Butcher Block Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Natural lighting in basement
Eco-Friendly Details
- Green Energy Fireplace or Wood Stove
Outdoor Features
- Spa
- Deeded Waterfront Access Rights
- Deck
Utilities
- Cooling Available
- Forced Air Zoned Heating System
- Heating System Uses Propane
- Heating System Uses Wood
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Power Generator
- Private Sewer
- Internet Available
Listing and Financial Details
- Tax Lot 63-66, 86
- Assessor Parcel Number LIME-000046-000000-000063
Community Details
Overview
- Lake Arrowhead Subdivision
- The community has rules related to deed restrictions
Amenities
- Clubhouse
- Community Storage Space
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: 1643511
APN: LIME-000046-000000-000063
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