Closed
$130,000
4 Pickerel Road, Madison, ME 04950
1beds
510sqft
Single Family Residence
Built in 1923
0.25 Acres Lot
$175,000 Zestimate®
$255/sqft
$1,046 Estimated rent
Home value
$175,000
$158,000 - $198,000
$1,046/mo
Zestimate® history
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Owner options
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What's special
Lakewood Theater, located on the glimmering shores of Wesserunsett Lake, is the oldest running summer theater in the nation. The nostalgic energy of all of the productions and fanfare of the past is palpable as you walk the property. This unit is 1 of 3 units in the building affectionately named ''The Lodge''. At first entrance, you are greeted by the large screened in porch that is perfect for an afternoon cocktail and big enough to enjoy dinner with friends or family. The large living room has plenty of natural light and space to sprawl out after a long day on the lake. The galley kitchen will really take you back in time and is just enough space to prepare a quick lunch before heading back out on the boat. The main bedroom is somehow cozy and bright, inviting and private. There is a direct entrance to the front porch as well as the back deck, and a wood burning stove in the corner for those cool fall evenings. There is enough space for a sitting area and a queen size bed, so don't be fooled by it's size. This lot is the largest of the lodge units and includes a full 1/4 acre of land for you to enjoy. Ownership of this cottage also benefits from private, community, grassy lakefront land and dock access. Take an evening stroll over to Lakewood Inn Restaurant where you'll find dinner service and a wonderful Sunday brunch. The theater is also just steps away and features weekly productions all summer long. Lakewood golf course is also located onsite so there is truly no shortage of outdoor activities for you to enjoy. Come take a look at this sweet little piece of history at an incredible price before it's gone!
This property comes full furnished. Please see association rules for information regarding rental restrictions. This cottage can only be rented one time per season for a minimum of 1 week and a maximum of 3 months.
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 07:06pm
Listed by:
Keller Williams Realty
Bought with:
Whittemore's Real Estate
Source: Maine Listings,MLS#: 1564464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Stove
Cooling
- None
Appliances
- Included: Microwave, Electric Range, Refrigerator
Features
- 1st Floor Bedroom, Bathtub, One-Floor Living
- Flooring: Vinyl, Wood
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 510
- Total interior livable area: 510 sqft
- Finished area above ground: 510
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Gravel, 1 - 4 Spaces
Features
- Patio & porch: Deck
- Body of water: Wesserunsett Lake
- Frontage length: Waterfrontage: 400,Waterfrontage Shared: 400
Lot
- Size: 0.25 Acres
- Features: Near Golf Course, Near Public Beach, Neighborhood, Level
Details
- Parcel number: MADNM031L004I
- Zoning: Res Rural
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Lake Drawn, Seasonal
Community & neighborhood
Location
- Region: Madison
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $400 annually
Other
Other facts
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2023 | Pending sale | $145,000+11.5%$284/sqft |
Source: | ||
| 11/17/2023 | Sold | $130,000-10.3%$255/sqft |
Source: | ||
| 10/27/2023 | Contingent | $145,000$284/sqft |
Source: | ||
| 10/6/2023 | Price change | $145,000-3.3%$284/sqft |
Source: | ||
| 8/4/2023 | Price change | $150,000-6.3%$294/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,631 +12.8% | $101,300 +17% |
| 2023 | $1,446 +10.2% | $86,600 +22.7% |
| 2022 | $1,312 +0.4% | $70,600 +4.9% |
Find assessor info on the county website
Neighborhood: 04950
Nearby schools
GreatSchools rating
- 4/10Madison Junior High SchoolGrades: 5-8Distance: 5.2 mi
- 3/10Madison Area Memorial High SchoolGrades: 9-12Distance: 4 mi
- 2/10Madison Elementary SchoolGrades: PK-4Distance: 5.5 mi

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