394 Lakewood Road, Madison, ME 04950
What's special
SECOND CHANCES DON'T HAPPEN OFTEN! Here is your opportunity! 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 bamboo vinyl plank flooring, refinished hardwood floors, fresh paint, updated lighting, new plumbing 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 3 miles 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 1+ acre lot, this is a must see.
- 49 days |
- 1,054 |
- 91 |
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Listings Direct
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: $183/sqft
- Tax assessed value: $179,000
- Annual tax amount: $3,533
- Date on market: 9/4/2026
- Ownership: Special Warranty
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $316,900$183/sqft |
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| 8/20/2026 | Pending sale | $316,900$183/sqft |
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| 8/6/2026 | Price change | $316,900-0.9%$183/sqft |
Source: | ||
| 7/28/2026 | Listed for sale | $319,900+236.7%$184/sqft |
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| 2/26/2026 | Sold | $95,000$55/sqft |
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| 2/24/2026 | Pending sale | $95,000$55/sqft |
Source: | ||
| 1/28/2026 | Contingent | $95,000$55/sqft |
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| 1/19/2026 | Price change | $95,000-5%$55/sqft |
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| 12/18/2025 | Listed for sale | $100,000-46.9%$58/sqft |
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| 12/16/2025 | Sold | $188,384$109/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Estimated market value
$312,900
$297,000 - $329,000
$2,005/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.