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  • $319,900

    394 Lakewood Road, Madison, ME 04950

    4beds
    1,735sqft
    : 
    $2,089/mo
    Get pre-qualified
    Single Family Residence
    Built in 1965
    1.09 Acres Lot
    $315,800 Zestimate®
    $184/sqft
    $-- HOA

    What's special

    Brand-new entrywaySelect new windowsBright welcoming interiorBrand-new cabinetryHybrid hot water heaterNew exterior doorsRefinished hardwood floors
    Completely reimagined from top to bottom, this beautifully renovated home blends classic New England Cape charm with extensive modern updates. Every detail has been thoughtfully completed, creating a home that's as functional as it is inviting. Step inside through the brand-new entryway, complete with laundry and generous closet space, before discovering a bright, welcoming interior finished with new luxury vinyl plank flooring, refinished hardwood floors, fresh paint, updated lighting, and custom built-ins that add both character and functionality. The new kitchen features brand-new cabinetry, butcher block countertops, a farmhouse sink overlooking the peaceful backyard and open field, and stainless steel appliances. The improvements continue throughout with two completely renovated bathrooms, select new windows, new exterior doors, updated electrical and light fixtures, a high-efficiency furnace, and a hybrid hot water heater, giving you the confidence that the major work has already been done. Outside is where this property truly shines. The rear deck overlooks open fields, creating the perfect backdrop. Just steps away, the fire pit patio is surrounded by mature hostas and thoughtfully landscaped gardens, offering a private outdoor space just minutes from town. You'll enjoy easy access to shopping, restaurants, healthcare, and everyday conveniences while still feeling tucked away. Even better, you're at the gateway to Maine's Woods, where endless opportunities for hunting, fishing, hiking, ATV and snowmobile trails, and outdoor adventure are all within easy reach. If you've been searching for a home where the work has already been done, 394 Lakewood Road delivers. Thoughtfully renovated, beautifully finished, and set on a picturesque lot, this is a must see.
    23 hours
    |
    250
    |
    18
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Listings Direct

    Source: Maine Listings,MLS#: 1673823MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Second
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Heating
      • Baseboard, Hot Water
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Microwave, Electric Range, Refrigerator, ENERGY STAR Qualified Appliances
      Features
      • 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage, Walk-In Closet(s)
      • Flooring: Vinyl, Wood
      • Windows: Double Pane Windows
      • Basement: Interior Entry,Walk-Out Access,Full,Sump Pump,Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,735
      • Total interior livable area: 1,735 sqft
      • Finished area above ground: 1,735
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 1 - 4 Spaces, On Site, Off Street
      Features
      • Levels: Multi/Split
      • Patio & porch: Deck, Glassed-in Porch, Patio
      • Has view: Yes
      • View description: Fields, Scenic
      Lot
      • Size: 1.09 Acres
      • Features: Near Country Club, Near Town, Level, Open Lot, Pasture, Rolling Slope, Landscaped
      Details
      • Parcel number: MADNM004L011
      • Zoning: Residential Rural
      • Other equipment: Cable, Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod,New Englander
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Shingle
      Condition
      • Year built: 1965

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer, Septic Tank
      • Water: Private, Well
      Green energy
      • Energy efficient items: 90% Efficient Furnace, Ceiling Fans, Dehumidifier, LED Light Fixtures, Thermostat

      Community & HOA

      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $184/sqft
      • Tax assessed value: $179,000
      • Annual tax amount: $3,533
      • Date on market: 7/28/2026
      • Ownership: Special Warranty
      • Road surface type: Paved

        Estimated market value

        $315,800

        $300,000 - $332,000

        $2,100/mo

        Price history

        DateEventPrice
        7/28/2026Listed for sale$319,900+236.7%$184/sqft
        Source: Maine Listings #1673823 Report a problem
        2/26/2026Sold$95,000$55/sqft
        Source: Maine Listings #1646945 Report a problem
        2/24/2026Pending sale$95,000$55/sqft
        Source: Maine Listings #1646945 Report a problem
        1/28/2026Contingent$95,000$55/sqft
        Source: Maine Listings #1646945 Report a problem
        1/19/2026Price change$95,000-5%$55/sqft
        Source: Maine Listings #1646945 Report a problem
        12/18/2025Listed for sale$100,000-46.9%$58/sqft
        Source: Maine Listings #1646945 Report a problem
        12/16/2025Sold$188,384$109/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,882 +11.2%$179,000 +15.3%
        2023$2,592 +10.5%$155,200 +23%
        2022$2,346 +0.2%$126,200 +4.6%
        2021$2,342 -5.2%$120,600 +3.7%
        2020$2,471 $116,300
        2019$2,471 -1.2%$116,300
        2018$2,500 $116,300
        2017$2,500 +0.4%$116,300 -1.9%
        2016$2,491 +7.7%$118,600
        2015$2,313 $118,600
        2014$2,313 +11.3%$118,600
        2013$2,079 +3.6%$118,600
        2012$2,006 $118,600
        2010-- $118,600 -0.7%
        2009-- $119,400 +5.7%
        2008-- $113,000 +16.3%
        2006-- $97,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04950

        Getting around

        23 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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