Active

Price cut: $50K (5/22)

$445,000

1631 Lakewood Road, Madison, ME 04950

4beds

1,248sqft

$2,877/mo

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Single Family Residence

Built in 1946

9.6 Acres Lot

$-- Zestimate^®

$357/sqft

$-- HOA

What's special

Experience authentic New England Farmhouse living at its best. Home is a 4 bedroom, 2 full bath home and offers 9.6 acres with impressive views and versatile opportunities, including use as a working farm, equestrian facility, or simply enjoying each day's sunrise from the comfort of your own kitchen or four seasons porch. Every feature has been designed to provide comfort, functionality, and scenic appeal. Property also includes a 4-bay garage, Pole Barn, and 26 stall barn with milking house and hay elevator. Taxes to be determined... part of a larger parcel.

351 days

214

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Features: Built-in Features, Closet, Full Bath
Level: First

Bedroom 2

Features: Closet
Level: Second

Bedroom 3

Features: Closet
Level: Second

Bedroom 4

Features: Closet
Level: Second

Dining room

Level: First

Kitchen

Features: Eat-in Kitchen, Pantry
Level: First

Laundry

Features: Built-in Features
Level: First

Living room

Level: First

Mud room

Features: Closet
Level: First

Heating

Baseboard, Forced Air, Wood Stove

Cooling

Wall Unit(s)

Appliances

Laundry: Built-Ins

Features

1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
Flooring: Carpet, Vinyl, Linoleum
Doors: Storm Door(s)
Windows: Double Pane Windows
Basement: Bulkhead,Interior Entry,Walk-Out Access,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,248
Total interior livable area: 1,248 sqft
Finished area above ground: 1,248
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Paved, 1 - 4 Spaces, Garage Door Opener, Detached
Garage spaces: 4

Features

Levels: Multi/Split
Patio & porch: Glassed-in Porch
Has view: Yes
View description: Fields, Scenic
Body of water: Wesserunsett Lake

Lot

Size: 9.6 Acres
Features: Near Golf Course, Rural, Agricultural, Farm, Harvestable Crops, Level, Open Lot, Pasture, Rolling Slope, Landscaped

Details

Parcel number: MADNM013L031
Zoning: Farmland
Other equipment: Generator, Internet Access Available

Construction

Type & style

Home type: SingleFamily
Architectural style: Farmhouse,New Englander
Property subtype: Single Family Residence

Materials

Wood Frame, Aluminum Siding, Vinyl Siding
Foundation: Poured Concrete
Roof: Metal

Condition

Year built: 1946

Utilities & green energy

Electric: Circuit Breakers, Generator Hookup
Sewer: Private Sewer, Septic Tank
Water: Private, Well

Community & HOA

Location

Region: Madison

Financial & listing details

Price per square foot: $357/sqft
Tax assessed value: $252,300
Annual tax amount: $1
Date on market: 8/18/2025
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/22/2026	Price change	$445,000-10.1%$357/sqft
Source: Maine Listings #1634661 Report a problem
8/18/2025	Listed for sale	$495,000$397/sqft
Source: Maine Listings #1634661 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,062 +10.5%	$252,300 +14.6%
2023	$3,677 -0.9%	$220,200 +10.3%
2022	$3,711 -0.5%	$199,600 +4%
2021	$3,729 +18.2%	$192,000 +29.3%
2020	$3,156 -0.1%	$148,500 -0.1%
2019	$3,160 -1.7%	$148,700 -0.5%
2018	$3,214 -0.3%	$149,500 -0.3%
2017	$3,223 +1.4%	$149,900 -0.9%
2016	$3,177 +7.7%	$151,300
2015	$2,950	$151,300
2014	$2,950 +11.6%	$151,300 +0.3%
2013	$2,644 +3.9%	$150,800 +0.2%
2012	$2,545	$150,500 +23.8%
2006	--	$121,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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