$179,000
UNDER CONTRACT $20K PRICE DROP

M4 L7-5 Lakewood Rd Madison, ME 04950

Estimated payment $1,097/month

8.82 Acres
$20,295 Price per Acre
384,199 Sq Ft Lot

Highlights

  • View of Trees or Woods
  • No HOA
  • Level Lot
  • 8.82 Acre Lot
  • Property is near a golf course

About This Lot

Great location! Very nice 8.83 acre surveyed, commercial, lot ready for your new business or to build your dream home. Drainage and large amounts of gravel have already been added to improve the property.

Listing Agent

Jim LeClair

Whittemore's Real Estate Listed on: 08/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,543

Lot Details

  • 8.82 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned Commercial

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Well Required
  • Septic Needed
  • Sewer Not Available

Additional Features

  • Views of Woods
  • Property is near a golf course

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7-5
  • Assessor Parcel Number M4L7-5LakewoodRoadMadison04950

Property Details

Property Type

Land

Est. Annual Taxes

$1,543

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 8.82
  • Road Surface Type: Paved
  • MLS Status: Active Under Contract
  • Directions: Travel Rt 201 North from Skowhegan toward Madison. Property is on the right before Cloughs Corners. See Sign
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 8.82
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Parking:Off Street: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open, Level, Near Golf Course
  • View: Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: 21+ Spaces, Gravel, On Site, Off Street

Utilities

  • Electric: Other Electric
  • Sewer: None, Septic Needed
  • Water Source: Well Needed on Site, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 384199.2
  • Parcel #: M4L7-5LakewoodRoadMadison04950
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 1543.0
  • Tax Book Number: 4520
  • Tax Lot: 7-5
  • Tax Map Number: 4
  • Tax Year: 2023

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

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $179,000 0.0% --
03/07/2025 03/07/25 Pending -- -- --
10/30/2024 10/30/24 Price Changed $179,000 -10.1% --
08/29/2024 08/29/24 For Sale $199,000 -- --
Source: Maine Listings

Source: Maine Listings

MLS Number: 1602039

Maine Listings
Maine Somerset County Madison 04950

M4 L7-5 Lakewood Rd, Madison, ME

This home is located at M4 L7-5 Lakewood Rd, Madison, ME 04950 and is currently priced at $179,000. M4 L7-5 Lakewood Rd is a home located in Somerset County with nearby schools including Madison Area Memorial High School, Creative Children's Academy, and Overman Academy.

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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes
Jim LeClair
Listing Agent
Jim LeClair
Section Image
Whittemore's Real Estate
(207) 474-3303