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  • $1,250,000

    118 Goat Island Way, Norway, ME 04268

    2beds
    1,587sqft
    Single Family Residence
    Built in 1979
    0.95 Acres Lot
    $1,250,800 Zestimate®
    $788/sqft
    $2,056 Estimated rent

    Home value

    $1,250,800

    Estimated sales range

    Not available

    $2,056/mo

    Zestimate® history
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    What's special

    Extraordinary waterfront propertyExpansive elevated deck
    Nestled on a private peninsula along the pristine shores of Lake Pennesseewassee in Norway, Maine, this extraordinary waterfront property offers a once-in-a-generation opportunity to own a piece of family history. Cherished by the same family since the late 1800s, this remarkable estate blends timeless charm, unmatched privacy, and breathtaking natural beauty in one of Western Maine's most picturesque settings. Surrounded by towering cathedral pines and fragrant cedar groves, the property is a true sanctuary where nature takes center stage. The haunting call of loons drifts across the water, eagles soar overhead, and deer, foxes, turtles, rabbits, Canadian geese, and Mallard ducks are all frequent visitors. Here, the soundtrack is not traffic or crowds, but the gentle rustling of pines, the scent of cedar, the splash of clear lake water against the rocky shoreline, and the unforgettable chorus of nature's song. Positioned just feet from the water's edge, the home commands spectacular180-degree panoramic views of the lake. Thanks to its unique peninsula setting, the property enjoys magnificent sunrises and stunning end-of-day sunsets, painting the sky and water with ever-changing colors throughout the seasons. At the heart of the home stands a grand stone chimney with wood stove, creating a warm and inviting gathering place for all. After a day of exploring the lake, this spectacular centerpiece becomes the natural setting for sharing stories, laughter, and the memories of the day's adventures. The home offers the perfect balance of cozy lakeside living and practical functionality. Step outside onto the expansive elevated deck where a 4-6 person hot tub overlooks the lake and calming waters. Designed for enjoying every aspect of lake life, the property includes a spacious brick patio for entertaining, a dedicated lakeside grilling platform for summer barbecues and a floating dock ready to accommodate your boat. She embodies the very best. Breathe in, breathe out...

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Bought with:

    Non MREIS Agency

    Source: Maine Listings,MLS#: 1671794MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 1
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Closet, Full Bath
    • Level: Second
    Dining room
    • Features: Informal
    • Level: First
    Family room
    • Level: First
    Kitchen
    • Features: Eat-in Kitchen
    • Level: First
    Living room
    • Features: Heat Stove, Heat Stove Hookup, Cathedral Ceiling(s)
    • Level: First
    Office
    • Features: Built-in Features
    • Level: First
    Heating
    • Direct Vent Heater, Wood Stove
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
    Features
    • 1st Floor Bedroom, Attic, Pantry, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
    • Flooring: Carpet, Laminate, Tile, Vinyl
    • Basement: Bulkhead,Exterior Entry,Crawl Space,Full,Partial,Sump Pump,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,587
    • Total interior livable area: 1,587 sqft
    • Finished area above ground: 1,587
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, 5 - 10 Spaces, On Site, Detached
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck, Patio, Screened
    • Has spa: Yes
    • Has view: Yes
    • View description: Scenic
    • Body of water: Lake Pennesseewassee/Norway Lake
    • Frontage length: Waterfrontage: 495,Waterfrontage Owned: 495
    Lot
    • Size: 0.95 Acres
    • Features: Near Country Club, Near Shopping, Rural, Open Lot, Wooded
    Details
    • Additional structures: Shed(s)
    • Parcel number: NORYM020L024
    • Zoning: Shoreland

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: A-Frame,Chalet,Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Shingle Siding, Vertical Siding, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Metal
    Condition
    • Year built: 1979

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Private, Well
    Green energy
    • Energy efficient items: Ceiling Fans

    Community & HOA

    Community
    • Subdivision: Lane 18 Road Association(Maintenance)
    HOA
    • Has HOA: Yes
    • HOA fee: $200 annually
    Location
    • Region: Norway

    Financial & listing details

    • Price per square foot: $788/sqft
    • Tax assessed value: $397,662
    • Annual tax amount: $8,104
    • Date on market: 7/14/2026
    • Road surface type: Gravel

    Price history

    DateEventPrice
    9/2/2026Sold$1,250,000-3.8%$788/sqft
    Source: Maine Listings #1671794 Report a problem
    7/16/2026Pending sale$1,300,000$819/sqft
    Source: Maine Listings #1671794 Report a problem
    7/14/2026Listed for sale$1,300,000+1268.4%$819/sqft
    Source: Maine Listings #1671794 Report a problem
    7/31/2019Sold$95,000-4%$60/sqft
    Source: Maine Listings #1420830 Report a problem
    7/3/2019Pending sale$99,000$62/sqft
    Source: Keller Williams Realty #1420830 Report a problem
    6/20/2019Listed for sale$99,000-56%$62/sqft
    Source: Keller Williams Realty #1420830 Report a problem
    6/19/2012Listing removed$225,000$142/sqft
    Source: Keller Williams - Greater Portland #940951 Report a problem
    4/19/2012Listed for sale$225,000$142/sqft
    Source: Keller Williams - Greater Portland #940951 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,086 +21.2%$397,662 0%
    2023$5,846 +4.2%$397,700
    2022$5,608 -7.3%$397,700 +14.7%
    2021$6,048 -0.6%$346,600
    2020$6,083 $346,600
    2019$6,083 +2%$346,600
    2018$5,962 $346,600
    2017$5,962 +8.2%$346,600
    2015$5,511 +8.2%$346,600
    2013$5,095 +2.1%$346,600
    2012$4,991 $346,600
    Find assessor info on the county website

    Neighborhood: 04268

    Nearby schools

    GreatSchools rating
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    $1,250,800
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    With Zillow Showcase(estimated)
    $1,275,816
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,250,800
    2% more
    +$25,016
    With Zillow Showcase(estimated)
    $1,275,816