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  • $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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    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#: 1564464MLS Logo

    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

    DateEventPrice
    11/19/2023Pending sale$145,000+11.5%$284/sqft
    Source: Maine Listings #1564464
    11/17/2023Sold$130,000-10.3%$255/sqft
    Source: Maine Listings #1564464
    10/27/2023Contingent$145,000$284/sqft
    Source: Maine Listings #1564464
    10/6/2023Price change$145,000-3.3%$284/sqft
    Source: Maine Listings #1564464
    8/4/2023Price change$150,000-6.3%$294/sqft
    Source: Maine Listings #1564464

    Public tax history

    YearProperty taxesTax 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
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