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Listed by: Maxfield Real Estate/ Alton

Bought with: KW Coastal and Lakes & Mountains Realty/N Conway

$465,000

28 Island Drive, Madison, NH 03849

4beds

2,297sqft

Ranch

Built in 1970

0.29 Acres Lot

$484,200 Zestimate^®

$202/sqft

$2,953 Estimated rent

Home value

$484,200

$397,000 - $596,000

$2,953/mo

Zestimate^® history

Owner options

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$2,953/mo

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$2,953/mo

Rent Zestimate^®

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$2,886/mo

Est. payment

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$2,886/mo

Est. payment

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What's special

Waterfront propertyRight on the waterModern lakeside escapeCozy cabin retreatBeautiful pea porridge pond

Dreaming of lakeside living in the heart of the White Mountains? This waterfront property on beautiful Pea Porridge Pond offers a rare chance to create your perfect getaway. With a new roof, windows, and doors already in place, this home is a blank slate, ready for your ideas! Whether you're envisioning a cozy cabin retreat or a modern lakeside escape, this property gives you the flexibility to finish to your style and needs. Nestled in a peaceful corner of Madison, you'll enjoy year-round recreation—from swimming and kayaking in summer to skiing and snowmobiling in winter. Don't miss this chance to own a piece of the lakes and mountains lifestyle. A unique opportunity to bring your vision to life right on the water!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Hot Water

Cooling

None

Features

Flooring: Hardwood
Basement: Roughed In,Walk-Out Access

Interior area

Total structure area: 2,297
Total interior livable area: 2,297 sqft
Finished area above ground: 1,386
Finished area below ground: 911

Property

Parking

Total spaces: 2
Parking features: Gravel
Garage spaces: 2

Features

Levels: One
Stories: 1
Exterior features: Shed
Waterfront features: Lake Front

Lot

Size: 0.29 Acres

Details

Parcel number: MDSOM00107B000040L000000
Zoning description: residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Ranch

Materials

Wood Frame
Foundation: Concrete
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1970

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Private Sewer
Utilities for property: Cable Available

Community & neighborhood

Location

Region: Madison

Price history

Date	Event	Price
7/24/2025	Sold	$465,000+3.3%$202/sqft
Source: PrimeMLS #5046312 Report a problem
7/2/2025	Contingent	$450,000$196/sqft
Source: PrimeMLS #5046312 Report a problem
6/13/2025	Listed for sale	$450,000+38.5%$196/sqft
Source: PrimeMLS #5046312 Report a problem
1/26/2022	Sold	$325,000$141/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,109 -7.1%	$324,000
2023	$5,502 -10.6%	$324,000 -18.5%
2022	$6,157 +1.2%	$397,500
2020	$6,082 +20.1%	$397,500 +43.3%
2019	$5,063 -3.5%	$277,300
2018	$5,249 +9.2%	$277,300 -2.5%
2017	$4,808 +2.4%	$284,500
2015	$4,697 +4.1%	$284,500 +0.6%
2014	$4,512 +1.1%	$282,700
2013	$4,461 +2.5%	$282,700
2012	$4,354 -2.7%	$282,700
2011	$4,475 +13.2%	$282,700
2010	$3,952 -20.3%	$282,700 -22.3%
2009	$4,958 +0.4%	$364,000
2008	$4,939 +8.6%	$364,000
2007	$4,546	$364,000