Active

$475,000

121 Ridgeway Circle, Waterboro, ME 04061

4beds

1,404sqft

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Single Family Residence

Built in 1972

0.41 Acres Lot

$456,600 Zestimate^®

$338/sqft

$111/mo HOA

What's special

Set on 117 feet of lakefront, this 4-bedroom, 1.5-bath home offers a peaceful setting and endless potential. The house retains its original 1970s character and reflects a bygone era. A stairway leads down to the water, where you can enjoy beautiful views and quiet moments by the lake. With a brand-new septic system already installed, this property is ready for someone with vision. This one needs work but it offers a great chance to create value in a beautiful lake setting.

4 days

431

40

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Bedroom 4

Level: Second

Kitchen

Level: First

Living room

Level: First

Heating

Baseboard

Cooling

None

Features

Flooring: Carpet, Other, Vinyl
Basement: Interior Entry,Walk-Out Access,Daylight,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,404
Total interior livable area: 1,404 sqft
Finished area above ground: 1,404
Finished area below ground: 0

Property

Parking

Parking features: Paved, 1 - 4 Spaces

Features

On waterfront: Yes
Body of water: Lake Arrowhead
Frontage length: Waterfrontage: 117,Waterfrontage Owned: 117,Waterfrontage Shared: 999

Lot

Size: 0.41 Acres
Features: Rural, Rolling Slope, Wooded

Details

Parcel number: WTBRM043L950
Zoning: RES

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial,Other
Property subtype: Single Family Residence

Materials

Wood Frame, Wood Siding
Roof: Shingle

Condition

Year built: 1972

Utilities & green energy

Electric: Circuit Breakers
Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Lake Arrowhead Community

HOA

Has HOA: Yes
HOA fee: $1,330 annually

Location

Region: Waterboro

Financial & listing details

Price per square foot: $338/sqft
Tax assessed value: $299,000
Annual tax amount: $4,320
Date on market: 6/15/2026
Road surface type: Gravel

Estimated market value

$456,600

$434,000 - $479,000

$2,852/mo

Price history

Date	Event	Price
6/15/2026	Listed for sale	$475,000$338/sqft
Source: Maine Listings #1666975 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,947	$299,000
2023	$3,947 +5.8%	$299,000 +12.2%
2022	$3,730 +10%	$266,400 +20.9%
2021	$3,392	$220,400
2020	$3,392 +5.1%	$220,400 +5.1%
2019	$3,227 +0.4%	$209,700 +0.4%
2018	$3,213 -0.3%	$208,800
2017	$3,224 +1.3%	$208,800
2016	$3,182 +3.6%	$208,800 -5.1%
2015	$3,070 -0.3%	$220,100
2014	$3,079	$220,100

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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.

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