$459,000
OPEN SUN 12PM - 1:30PM $91K PRICE DROP

55 Island Rd Limerick, ME 04048

Estimated payment $2,847/month

Total Views 4,666
3 Beds
2 Baths
1,484 Sq Ft
$309 Price per Sq Ft

Highlights

  • Beach Access
  • Scenic Views
  • Wooded Lot
  • Public Beach
  • Cape Cod Architecture
  • Wood Flooring

About This Home

Stunning Home in Lake Arrowhead Community 55 Island Road, Limerick Maine.

Welcome to this beautiful 3-bedroom, 2-bath home nestled on a generous 1.51 acre lot in the heart of Limerick, Maine. Built in 2004 and offering 1484 square feet of well-designed living space, this property blends comfort, convenience, and charm perfect for year-round living or a peaceful getaway.

Step inside to find a bright, inviting layout with plenty of natural light, spacious bedrooms, and thoughtfully designed living areas. The modern kitchen flows seamlessly into the dining and living spaces, creating the perfect setting for family gatherings or entertaining,

Enjoy the serenity of your expansive yard, ideal for gardening, recreation, or simply relaxing in nature. Just moments away, Lake Arrowhead offers endless opportunities for kayaking, swimming, and fishing, making this home a dream for outdoor enthusiasts.

Highlights:
-3 spacious bedrooms & 2 full baths
-1484 sq. ft, of comfortable living space
-Built in 2004
-Modern design & features
-Expansive 1.51-acre lot with room to roam
-Prime location near Lake Arrowhead recreation

Don't miss the chance to own this gorgeous property in a highly desirable location. Whether you're looking for a forever home, a vacation retreat, or an investment opportunity, 55 Island Road has it all.

Listing Agent

Angelica Cole

Plowman Realty Group Listed on: 09/05/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 2004

Lot Details

  • 1.51 Acre Lot
  • Dirt Road
  • Public Beach
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Lake Arrowhead

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,484 Sq Ft Home
  • Living Room
  • Den
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Beach Access
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Lake Arrowhead Community Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number LIME-000046-000000-000088

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,367

Year Built

Built in 2004

Lot Details

0

HOA Fees

$132 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.51
  • Road Surface Type: Gravel
  • MLS Status: Active
  • Subdivision Name: Lake Arrowhead Community
  • Directions: GPS~ 55 Island Road, Limerick ME 04048
  • Above Grade Finished Sq Ft: 1484.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 2004
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.51
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1484.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 132.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Heat Fuel:Wood2: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Den:Den: Yes
  • Heat Fuel:Pellets: Yes
  • Roof:Fiberglass: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Heat System Pellet Stove: Yes
  • Heat System Wood Stove: Yes
  • Special Features: OpenHouse

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Interior, Full, Bulkhead
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood, Carpet
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Wooded, Near Public Beach, Neighborhood
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Fiberglass, Metal, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove, Pellet Stove, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 132.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65775.6
  • Parcel #: LIME-000046-000000-000088
  • Zoning: Lake Arrowhead

Tax Info

  • Tax Annual Amount: 3367.0
  • Tax Lot: 88
  • Tax Year: 2024

Map

Range of Values:

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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 $3,367 $354,400 $87,142 $267,258
2023 $3,014 $198,264 $35,050 $163,214
2022 $2,815 $198,264 $35,050 $163,214
2021 $2,633 $158,611 $28,040 $130,571
2020 $2,601 $158,611 $28,040 $130,571
2019 $2,498 $158,611 $28,040 $130,571
2018 $2,562 $158,611 $28,040 $130,571
2017 $2,498 $158,611 $28,040 $130,571
2016 $2,387 $158,611 $28,040 $130,571
2015 $2,288 $156,740 $28,040 $128,700
2014 $2,176 $153,800 $28,040 $125,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Price Changed $459,000 -3.3% $309 / Sq Ft
09/25/2025 09/25/25 Price Changed $474,900 -4.8% $320 / Sq Ft
09/12/2025 09/12/25 Price Changed $499,000 -9.3% $336 / Sq Ft
09/05/2025 09/05/25 For Sale $550,000 +59.2% $371 / Sq Ft
10/21/2022 10/21/22 Sold $345,500 -13.6% $230 / Sq Ft View Prior Sale
09/10/2022 09/10/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $399,900 +26.6% $267 / Sq Ft
11/09/2020 11/09/20 Sold $316,000 +5.7% $213 / Sq Ft View Prior Sale
10/23/2020 10/23/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $299,000 -- $201 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,400 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1636730

Maine Listings

APN: LIME-000046-000000-000088

Maine York County Limerick 04048

55 Island Rd, Limerick, ME

This home is located at 55 Island Rd, Limerick, ME 04048 and is currently priced at $459,000, approximately $309 per square foot. This property was built in 2004. 55 Island Rd is a home located in York County with nearby schools including Massabesic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Angelica Cole
Listing Agent
Angelica Cole
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Plowman Realty Group
(207) 839-4141