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!
Active
$250,000
338 Lakewood Road, Madison, ME 04950
3beds
1,247sqft
Est.:
Single Family Residence
Built in 1964
1.93 Acres Lot
$247,300 Zestimate®
$200/sqft
$-- HOA
What's special
Large backyardSpacious single-level livingWarm inviting feelSunny three-season porch
- 14 days
- on Zillow |
- 457 |
- 29 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 04:47am
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1634375

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Hot Water, Baseboard
Cooling
- None
Appliances
- Included: Washer, Refrigerator, Electric Range, Dryer
Features
- Shower
- Flooring: Wood
- Basement: Interior,Walk-Out Access,Full,Bulkhead,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,247
- Total interior livable area: 1,247 sqft
- Finished area above ground: 1,247
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Auto Door Opener, 5 - 10 Spaces, Gravel, Detached
- Garage spaces: 2
Features
- Patio & porch: Glass Enclosed
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.93 Acres
- Features: Open Lot, Near Shopping, Near Town
Details
- Parcel number: MADNM004L015
- Zoning: Residential
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1964
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank, Private Sewer
- Water: Well, Private
Community & HOA
Location
- Region: Madison
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $145,900
- Annual tax amount: $2,713
- Date on market: 8/15/2025
- Road surface type: Paved
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