Welcome to this well-kept 3-bedroom, 2-bath Cape located in the desirable Lake Arrowhead Community. Built in 2003, this home offers a bright, functional layout with a sun-filled living room, spacious kitchen with stainless steel appliances, updated bath, and easy flow for everyday living. A full basement provides excellent storage and future potential, while the backyard offers room to relax, entertain, or enjoy the firepit and shed.
Set on a quiet lot in Lake Arrowhead, this property gives you more than just a home--it gives you access to a lifestyle. The community offers extensive amenities including two indoor pools, one outdoor pool, fitness areas, clubhouses, and beach access, creating year-round value for both full-time living and getaway-style enjoyment.
Whether you're looking for your next home, a low-maintenance Maine retreat, or a property in a community packed with amenities, this one is worth a look.
Closed
$355,000
32 Balsam Drive, Waterboro, ME 04061
3beds
1,240sqft
Single Family Residence
Built in 2003
0.5 Acres Lot
$354,700 Zestimate®
$286/sqft
$2,659 Estimated rent
Home value
$354,700
$337,000 - $372,000
$2,659/mo
Zestimate® history
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$3,530/mo
Est. payment
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Est. payment
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List your homeWhat's special
Quiet lotUpdated bathBright functional layout
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Realty 207-282-5988
Bought with:
Redfin Corporation
Source: Maine Listings,MLS#: 1657865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Second
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
Features
- Flooring: Vinyl, Wood
- Basement: Bulkhead,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,240
- Total interior livable area: 1,240 sqft
- Finished area above ground: 1,240
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Lot
- Size: 0.5 Acres
- Features: Neighborhood, Level, Open Lot
Details
- Parcel number: WTBRM046L002174
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 2003
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & HOA
Community
- Subdivision: Lake Arrowhead
HOA
- Has HOA: Yes
- HOA fee: $1,333 annually
Location
- Region: North Waterboro
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $208,700
- Annual tax amount: $3,610
- Date on market: 5/19/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $355,000$286/sqft |
Source:  Maine Listings #1657865 Report a problem | ||
| 6/22/2026 | Pending sale | $355,000$286/sqft |
Source: Maine Listings #1657865 Report a problem | ||
| 6/15/2026 | Price change | $355,000-2.7%$286/sqft |
Source: Maine Listings #1657865 Report a problem | ||
| 6/11/2026 | Price change | $365,000-2.7%$294/sqft |
Source: Maine Listings #1657865 Report a problem | ||
| 5/25/2026 | Price change | $375,000-6.3%$302/sqft |
Source: Maine Listings #1657865 Report a problem | ||
| 5/19/2026 | Listed for sale | $400,000$323/sqft |
Source: Maine Listings #1657865 Report a problem | ||
| 4/21/2026 | Pending sale | $400,000$323/sqft |
Source: Maine Listings #1657865 Report a problem | ||
| 4/15/2026 | Listed for sale | $400,000+19.4%$323/sqft |
Source: Maine Listings #1657865 Report a problem | ||
| 3/14/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/28/2026 | Price change | $335,000+3.1%$270/sqft |
Source: Owner Report a problem | ||
| 1/15/2026 | Listed for sale | $325,000+103.1%$262/sqft |
Source: Owner Report a problem | ||
| 12/22/2025 | Sold | $160,000+6.7%$129/sqft |
Source: Public Record Report a problem | ||
| 3/29/2017 | Sold | $150,000-21%$121/sqft |
Source: Maine Listings #1293081 Report a problem | ||
| 1/20/2017 | Listed for sale | $189,900+31%$153/sqft |
Source: Landing Real Estate #1293081 Report a problem | ||
| 10/23/2003 | Sold | $145,000$117/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,755 | $208,700 |
| 2023 | $2,755 +5.8% | $208,700 +12.3% |
| 2022 | $2,603 +10.8% | $185,900 +21.7% |
| 2021 | $2,350 | $152,700 |
| 2020 | $2,350 +1% | $152,700 +1% |
| 2019 | $2,327 +0.3% | $151,200 +0.3% |
| 2018 | $2,319 -0.3% | $150,700 |
| 2017 | $2,327 +1.3% | $150,700 |
| 2016 | $2,297 -0.6% | $150,700 -9.1% |
| 2015 | $2,312 -0.3% | $165,700 |
| 2014 | $2,318 +2.6% | $165,700 |
| 2013 | $2,260 +6.6% | $165,700 |
| 2012 | $2,121 +6.7% | $165,700 |
| 2011 | $1,988 | $165,700 |
| 2009 | -- | $165,700 |
| 2008 | -- | $165,700 +98.2% |
| 2005 | -- | $83,600 |
Find assessor info on the county website
Neighborhood: 04061
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Nearby schools
GreatSchools rating
- 6/10Waterboro Elementary SchoolGrades: PK-5Distance: 5.1 mi
- 6/10Massabesic Middle SchoolGrades: 6-8Distance: 5.6 mi
- 4/10Massabesic High SchoolGrades: 9-12Distance: 8.5 mi
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- Maine
- York County
- Waterboro
- 04061
- 32 Balsam Drive
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