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  • Price cut: $5K (8/3)
    $384,000

    22 Hillside Road, Waterboro, ME 04061

    2beds
    864sqft
    : 
    $2,547/mo
    Get pre-qualified
    Single Family Residence
    Built in 1986
    0.81 Acres Lot
    $381,100 Zestimate®
    $444/sqft
    $111/mo HOA

    What's special

    Beautiful brick fireplacePrivate fenced backyardNewer wood stoveTasteful renovations throughoutForced hot air heat
    Affordable Lake Arrowhead Retreat - Turnkey & Move-In Ready! Escape to the highly desirable Lake Arrowhead Community with this beautifully renovated 2-bedroom, 1-bath ranch featuring a full walk-out basement with the potential to add a third bedroom (subject to Town approval). A 3-bedroom septic design is already on file, offering excellent expansion possibilities. Currently operating as a successful Airbnb, this home is perfect as a year-round residence, vacation getaway, or investment property. Relax on the beautiful covered farmer's porch--the perfect place to enjoy your morning coffee, entertain guests, or unwind after a day on the lake. Inside, you'll find tasteful renovations throughout, a bright and inviting floor plan, forced hot air heat, and the warmth and charm of a newer wood stove for cozy Maine evenings also a beautiful brick fireplace. Step outside to a private, fenced backyard featuring a spacious deck overlooking the yard, a fire pit for gathering with family and friends, and a storage shed for all your outdoor gear. Lake Arrowhead has an exceptional four-season lifestyle with multiple public beaches, swimming areas, boat launches, kayaking, fishing, and miles of trails. Surrounded by numerous lakes and endless outdoor recreational opportunities, this location is perfect for boating, hiking, snowmobiling, ATV riding, conveniently located just 40 minutes from Portland, you'll enjoy the peacefulness of lake living while remaining within an easy commute to the city. This property offers outstanding value, expansion potential, and proven Airbnb income, making it an excellent opportunity whether you're looking for a primary residence, vacation home, or investment property.
    38 days
    |
    1,185
    |
    82
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    American Real Estate

    Source: Maine Listings,MLS#: 1669503MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Forced Air, Wood Stove
      Cooling
      • None
      Appliances
      • Included: Refrigerator
      Features
      • Flooring: Laminate, Other, Vinyl, Wood
      • Basement: Interior Entry,Walk-Out Access,Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 864
      • Total interior livable area: 864 sqft
      • Finished area above ground: 864
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Other, 1 - 4 Spaces, 5 - 10 Spaces
      Features
      • Patio & porch: Deck, Porch
      Lot
      • Size: 0.81 Acres
      • Features: Near Town, Neighborhood, Rural, Other, Landscaped, Wooded
      Details
      • Parcel number: WTBRM043L847
      • Zoning: RES

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Clapboard, Vinyl Siding
      • Roof: Shingle
      Condition
      • Year built: 1986

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: LAC
      HOA
      • Has HOA: Yes
      • HOA fee: $111 monthly
      Location
      • Region: North Waterboro

      Financial & listing details

      • Price per square foot: $444/sqft
      • Tax assessed value: $182,900
      • Annual tax amount: $2,835
      • Date on market: 6/30/2026

        Estimated market value

        $381,100

        $362,000 - $400,000

        $2,058/mo

        Price history

        DateEventPrice
        8/3/2026Price change$384,000-1.3%$444/sqft
        Source: Maine Listings #1669503 Report a problem
        7/23/2026Price change$389,000-2.4%$450/sqft
        Source: Maine Listings #1669503 Report a problem
        7/17/2026Price change$398,400-0.4%$461/sqft
        Source: Maine Listings #1669503 Report a problem
        6/30/2026Listed for sale$399,900+303.9%$463/sqft
        Source: Maine Listings #1669503 Report a problem
        6/13/2017Sold$99,000$115/sqft
        Source: Maine Listings #1304782 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,414 $182,900
        2023$2,414 +6.3%$182,900 +12.7%
        2022$2,272 +17.9%$162,300 +29.6%
        2021$1,927 $125,200
        2020$1,927 +1.2%$125,200 +1.2%
        2019$1,904 $123,700
        2018$1,904 -0.3%$123,700
        2017$1,910 +1.3%$123,700
        2016$1,885 -2.6%$123,700 -10.8%
        2015$1,935 -0.3%$138,700
        2014$1,940 $138,700 +102.8%
        2005-- $68,400
        Find assessor info on the county website

        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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        Climate risks

        Neighborhood: 04061

        Getting around

        0 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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