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.
Pending
Price cut: $2.5K (9/7)
$352,500
22 Hillside Road, Waterboro, ME 04061
2beds
864sqft
Single Family Residence
Built in 1986
0.81 Acres Lot
$349,000 Zestimate®
$408/sqft
$111/mo HOA
What's special
Beautiful brick fireplacePrivate fenced backyardNewer wood stoveTasteful renovations throughoutForced hot air heat
- 86 days
- 848
- 63
Zillow last checked:
Listing updated:
Listed by:
American Real Estate
Source: Maine Listings,MLS#: 1669503
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: $408/sqft
- Tax assessed value: $182,900
- Annual tax amount: $2,835
- Date on market: 6/30/2026
Estimated market value
$349,000
$332,000 - $366,000
$1,829/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Pending sale | $352,500$408/sqft |
Source: | ||
| 9/8/2026 | Contingent | $352,500$408/sqft |
Source: | ||
| 9/7/2026 | Price change | $352,500-0.7%$408/sqft |
Source: | ||
| 8/31/2026 | Price change | $355,000-3.8%$411/sqft |
Source: | ||
| 8/28/2026 | Price change | $369,000-1.3%$427/sqft |
Source: | ||
| 8/25/2026 | Price change | $374,000-1.3%$433/sqft |
Source: | ||
| 8/17/2026 | Price change | $379,000-1.3%$439/sqft |
Source: | ||
| 8/3/2026 | Price change | $384,000-1.3%$444/sqft |
Source: | ||
| 7/23/2026 | Price change | $389,000-2.4%$450/sqft |
Source: | ||
| 7/17/2026 | Price change | $398,400-0.4%$461/sqft |
Source: | ||
| 6/30/2026 | Listed for sale | $399,900+303.9%$463/sqft |
Source: | ||
| 6/13/2017 | Sold | $99,000$115/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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






