Closed

$550,000

79 Fernwood Loop, Lyman, ME 04002

3beds

1,196sqft

Single Family Residence

Built in 1966

0.38 Acres Lot

$557,800 Zestimate^®

$460/sqft

$2,618 Estimated rent

Home value

$557,800

$502,000 - $619,000

$2,618/mo

Zestimate^® history

Owner options

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$2,618/mo

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$2,618/mo

Rent Zestimate^®

Refinance and save

$3,360/mo

Est. payment

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$3,360/mo

Est. payment

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What's special

Waterfront propertyNew dockPrivate shorelineScreened in porchWater views

Welcome to 79 Fernwood Loop! This unique waterfront property tucked along the private shoreline of Wadleigh Pond is waiting for you! Don't miss your opportunity to take a look at this charming property.! The home offers 2 beds, 1 bath with a wonderful screened in porch, perfect for relaxing and enjoy your morning coffee listening to the loons or watching the breath-taking sunrise. Just soaking in all the simple pleasures of Maine waterfront living. The 2-car garage offers plenty of storage for all your water toys and let's not forget about the fabulous 1 bedroom 1 bath extra living space above the garage with the breathtaking water views! This property has been loved and well maintained throughout the years and is ready for immediate entertainment. So, grab your bathing suit and fishing poles the new dock provides private access to boating, fishing, swimming, kayaking and more! New 2-bedroom septic (1,000 gallon tank)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Level: First

Bedroom 2

Level: First

Bedroom 3

Features: Above Garage
Level: Second

Bonus room

Features: Above Garage
Level: Second
Area: 624 Square Feet
Dimensions: 26 x 24

Laundry

Level: First

Heating

Baseboard, Direct Vent Heater

Cooling

Has cooling: Yes

Appliances

Included: Dryer, Microwave, Gas Range, Refrigerator, Washer

Features

1st Floor Bedroom, Bathtub, In-Law Floorplan, One-Floor Living, Shower, Storage
Flooring: Laminate, Vinyl
Windows: Double Pane Windows
Basement: None
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 1,196
Total interior livable area: 1,196 sqft
Finished area above ground: 1,196
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Reclaimed, 1 - 4 Spaces, On Site, Detached, Heated Garage
Garage spaces: 2

Features

On waterfront: Yes
Body of water: Wadleigh Pond
Frontage length: Waterfrontage: 144,Waterfrontage Owned: 144

Lot

Size: 0.38 Acres
Features: Near Town, Level, Open Lot, Right of Way, Landscaped

Details

Additional structures: Shed(s)
Parcel number: LYMNM24L007
Zoning: Residential
Other equipment: Cable, Internet Access Available

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding, Wood Siding
Foundation: Pillar/Post/Pier
Roof: Shingle

Condition

Year built: 1966

Utilities & green energy

Electric: On Site, Circuit Breakers
Sewer: Private Sewer, Septic Design Available
Water: Lake Drawn, Private, Well
Utilities for property: Utilities On

Green energy

Energy efficient items: Ceiling Fans

Community & HOA

Location

Region: Lyman

Financial & listing details

Price per square foot: $460/sqft
Tax assessed value: $203,000
Annual tax amount: $2,560
Date on market: 4/29/2025
Electric utility on property: Yes
Road surface type: Gravel

Price history

Date	Event	Price
6/13/2025	Sold	$550,000$460/sqft
Source: Maine Listings #1620585 Report a problem
6/13/2025	Pending sale	$550,000$460/sqft
Source: Maine Listings #1620585 Report a problem
5/6/2025	Contingent	$550,000$460/sqft
Source: Maine Listings #1620585 Report a problem
4/29/2025	Listed for sale	$550,000$460/sqft
Source: Maine Listings #1620585 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,560 +3.4%	$203,000
2023	$2,475 +4.2%	$203,000
2022	$2,375 +1.9%	$203,000
2021	$2,330	$203,000
2020	$2,330 +6%	$203,000 -3.3%
2019	$2,199 +3.8%	$210,000 +20%
2018	$2,118 +3.4%	$175,000 +6.7%
2017	$2,048 +0.7%	$164,000
2015	$2,034 +2.1%	$164,000
2014	$1,993	$164,000