Welcome to your own outdoor oasis! This beautifully updated raised ranch sits on 1 acre and offers 3 bedrooms and 1 bathroom in a peaceful setting just across from Lake Arrowhead. Completely renovated in 2019, this home features major updates including a newer roof, heating system, flooring, and expansive wrap-around decking designed for enjoying the outdoors year-round.
Inside, the bright and airy living room showcases stunning cathedral ceilings that create an open, inviting feel. Step outside and enjoy the ultimate backyard retreat with a spacious patio area, firepit, and lush green lawn perfect for entertaining, relaxing, or making summer memories.
Located within the Lake Arrowhead Community, residents enjoy access to incredible amenities including indoor and outdoor pools, fitness rooms, saunas, parks, beaches, and more. Whether you're searching for a year-round residence or the perfect getaway retreat, this property offers the ideal blend of comfort, recreation, and nature -- all while being conveniently located just 45 minutes from Portland, Maine.
Pending
Price cut: $19K (6/3)
$350,000
88 Ridgeway Circle, Waterboro, ME 04061
3beds
852sqft
Single Family Residence
Built in 1991
1.04 Acres Lot
$348,900 Zestimate®
$411/sqft
$138/mo HOA
What's special
Stunning cathedral ceilingsHeating systemOpen inviting feelNewer roofSpacious patio area
- 34 days |
- 858 |
- 47 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1663497
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Basement
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Direct Vent Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
Features
- Bathtub
- Flooring: Carpet, Laminate, Tile
- Basement: Interior Entry,Walk-Out Access,Daylight,Partial
- Has fireplace: No
Interior area
- Total structure area: 852
- Total interior livable area: 852 sqft
- Finished area above ground: 672
- Finished area below ground: 180
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, On Site
Features
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Trees/Woods
- Body of water: Lake Arrowhead
Lot
- Size: 1.04 Acres
- Features: Near Public Beach, Neighborhood, Rolling Slope, Wooded
Details
- Parcel number: WTBRM043L837
- Zoning: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1991
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Lake Arrowhead
HOA
- Has HOA: Yes
- HOA fee: $138 monthly
Location
- Region: North Waterboro
Financial & listing details
- Price per square foot: $411/sqft
- Tax assessed value: $131,000
- Annual tax amount: $2,474
- Date on market: 5/22/2026
- Road surface type: Gravel, Dirt
Estimated market value
$348,900
$331,000 - $366,000
$2,167/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Pending sale | $350,000$411/sqft |
Source: | ||
| 6/3/2026 | Price change | $350,000-5.1%$411/sqft |
Source: | ||
| 5/22/2026 | Listed for sale | $369,000+84.5%$433/sqft |
Source: | ||
| 12/27/2019 | Sold | $200,000+3.9%$235/sqft |
Source: | ||
| 10/7/2019 | Price change | $192,500-1.3%$226/sqft |
Source: Trek Realty LLC #1433515 Report a problem | ||
| 9/18/2019 | Listed for sale | $195,000+111.3%$229/sqft |
Source: Trek Realty LLC #1433515 Report a problem | ||
| 5/31/2019 | Sold | $92,300-19.7%$108/sqft |
Source: | ||
| 7/6/2016 | Listing removed | $115,000$135/sqft |
Source: The Maine Real Estate Network #1247679 Report a problem | ||
| 1/7/2016 | Listed for sale | $115,000+38.4%$135/sqft |
Source: The Maine Real Estate Network #1247679 Report a problem | ||
| 4/22/2014 | Sold | $83,100+5.2%$98/sqft |
Source: | ||
| 2/21/2014 | Listed for sale | $79,000$93/sqft |
Source: The Maine Real Estate Network #1123171 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,729 | $131,000 |
| 2023 | $1,729 +5.9% | $131,000 +12.3% |
| 2022 | $1,632 +10.5% | $116,600 +21.5% |
| 2021 | $1,477 | $96,000 |
| 2020 | $1,477 +5% | $96,000 +5% |
| 2019 | $1,407 | $91,400 |
| 2018 | $1,407 -0.3% | $91,400 |
| 2017 | $1,411 +1.3% | $91,400 |
| 2016 | $1,393 -12.9% | $91,400 -20.3% |
| 2015 | $1,600 -0.3% | $114,700 |
| 2014 | $1,605 | $114,700 +95.7% |
| 2005 | -- | $58,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04061
Nearby schools
GreatSchools rating
- 6/10Waterboro Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 6/10Massabesic Middle SchoolGrades: 6-8Distance: 4.4 mi
- 4/10Massabesic High SchoolGrades: 9-12Distance: 7.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- York County
- Waterboro
- 04061
- 88 Ridgeway Circle




