Last Sold Price
1 bed972 sqft$175/sqft
601 Lakewood Rd, Madison, ME 04950

Description

Welcome to 601 Lakewood Road Madison, This 1 bedroom 1 bathroom ranch sits on 44 beautiful acres, and with a little trim of trees, it has a gorgeous view of the lake. The yard has been meticulously taken care of, and a large amount of trees have been cleared from the property. There are large garden beds to the left of the house, as well as a fenced in area for your pets. The house offers a spacious living room, a large master bedroom, a open kitchen, and a backroom for freezers and food storage....Welcome to 601 Lakewood Road Madison, This 1 bedroom 1 bathroom ranch sits on 44 beautiful acres, and with a little trim of trees, it has a gorgeous view of the lake. The yard has been meticulously taken care of, and a large amount of trees have been cleared from the property. There are large garden beds to the left of the house, as well as a fenced in area for your pets. The house offers a spacious living room, a large master bedroom, a open kitchen, and a backroom for freezers and food storage. Come take a visit while it lasts!
LISTING CLOSED: 09/20/2021 12:00 AM

  1. Listed by Joseph Penna • F.O. Bailey Real Estate
    P: (207) 329-3584 C: (207) 329-3584 joe@fobailey.com

Property Details for 601 Lakewood Road

Status
MLS #
1500695
Days on Market
25
Taxes
$1,985 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1978
Lot Size
44.00 AC / 1,916,640 SF
Architectural Style
Ranch
Style
Ranch
View
Fields, Scenic, Trees/Woods
Has Waterfront
No
Zoning
Multi-use

Recent comparable sales

Median sold price

$165,000

Avg days on market

35

Sale-to-list ratio

89.0%

Madison, ME

9 comparable properties found

$204,500 | 12 Carp Road, Madison, ME 04950
1/40
1

$204,500

Sold 07/15/26

1
Bedrooms
450
Square Feet
0.14
Acres
$165,000 | 39 Salmon Road, Madison, ME 04950
1/15
2

$165,000

Sold 08/22/25

2
Bedrooms
778
Square Feet
0.22
Acres
$160,500 | 318 Cragmont Street, Madison, IN 47250
1/24
3

$160,500

Sold 10/11/24

1
Bedrooms
956
Square Feet
0.06
Acres
a front view of a house with a yard
4

$185,000

Sold 04/17/25

1
Bedrooms
928
Square Feet
0.63
Acres
$175,000 | 15 Naomi Avenue, Madison, ME 04950
1/40
5

$175,000

Sold 12/31/24

3
Bedrooms
952
Square Feet
0.73
Acres
$185,000 | 6 Pickerel Road, Unit 2, Madison, ME 04950
1/39
6

$185,000

Sold 08/18/26

1
Bedrooms
510
Square Feet
Unavailable
Acres
7

$160,000

Sold 04/21/26

1
Bedrooms
832
Square Feet
0.65
Acres
$140,000 | 1038 East Madison Road, Madison, ME 04950
1/29
8

$140,000

Sold 05/30/25

1
Bedrooms
1,716
Square Feet
0.46
Acres
$125,000 | 497 White School House Road, Madison, ME 04950
1/34
9

$125,000

Sold 10/08/25

2
Bedrooms
924
Square Feet
5.1
Acres

Location

Listing Courtesy of F.O. Bailey Real Estate

Sold By Surette Real Estate

Add your commute

Building Information for 601 Lakewood Road

Stories-Year Built1978Building Size-Lot Size44.00 AC / 1,916,640 SF

Payment Calculator

$1,030 per month

30 year fixed, 6.55% Interest

Principal and Interest

$864

Property Taxes

$165

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 601 Lakewood Road

Summary
Location and General Information
  • Water View: Yes
  • Location: Near Town, Other Location, Rural
  • Page: 341-343
  • Zoning Overlay: No
  • Latitude: 44.819289
  • Longitude: -$69.77
  • Water Body Type: Lake
  • Water Body Name: Lake Wesserunsett
Taxes and HOA
  • Association: No
  • Parcel Number: MADN-000008-000000-000008
  • Tax Lot: 008A-008
  • Tax Book Number: 2300
  • Tax Year: 2020
  • Tax Annual Amount: $1,985.00
Parking
  • Parking Features: 5 - 10 Spaces, Paved
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Other Location, Well Landscaped, Rolling/Sloping, Open, Harvestable Crops, Near Town, Rural
  • Lot Size Acres: 44.0
  • Lot Size Area: 44.0
  • Lot Size Source: Survey
  • Lot Size Square Feet: 1916640.0
  • Lot Size Units: Acres
  • Roads: Paved
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 987.0
  • Source of Road Frontage: Survey
  • Site: Harvestable Crops, Open, Rolling/Sloping, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 972.0
  • Building Area Source: Seller
  • Building Area Total: 972.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Surveyed: Yes
  • Construction: Other
  • Structure Type: Post & Beam
  • Structure Type: Post & Beam
  • Year Built: 1978
Building Features
  • Construction Materials: Wood Siding, Other
  • Color: brown
Financial Information
  • List Price/SqFt: $180.04
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Gas Bottled
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Recreational Water: Lake/Fresh Water
  • Sewer: Private Sewer, Perc Test On File
  • Water Source: Well
  • Water Heater: Gas, Tank
Interior and Exterior Features
Exterior Features
  • Exterior: Wood Siding
  • Roof: Metal
  • Driveway: Paved
Interior Features
  • Bathrooms Full: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • # Full Baths Level 1: 1
  • Rooms Total: 3
  • Basement: Walk-Out Access, Other
  • Basement: Walk-Out Access, Other
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Stove, Space Heater
  • Has Heating: Yes
  • Flooring: Laminate, Carpet
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: First
Dining Room
  • Dining Room: Dining Room
  • Dining Room Level: First
  • Dining Room Amenities: Dining Area
Living Room
  • Living Room: Living Room
  • Living Room Level: First
Rental
Rent Information
  • Land Lease: No

Property History for 601 Lakewood Road

DateEvent & SourcePriceAppreciation
Sep 20, 2021

Sold

Maine Listings #1500695

$170,000
Aug 9, 2021

Pending

Maine Listings #1500695

Jul 14, 2021

Listed (Active)

Maine Listings #1500695

$175,000
DateEvent & SourcePrice
09/20/2021

Sold

Maine Listings #1500695

$170,000
08/09/2021

Pending

Maine Listings #1500695

07/14/2021

Listed (Active)

Maine Listings #1500695

$175,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 601 Lakewood Road

Taxable ValueLand$121,600Additions$74,600Total$196,200
Tax Record2025$2,806 ($234 / month)
Home Facts
Beds0Baths1Total Finished SqFt576 SqFtAbove Grade Finished SqFt576 SqFtStories1Lot Size1,960,200 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1978ZoningRES RUCountySOMERSETAPNMADN M:008 L:008

Schools near 601 Lakewood Road

This home is within Regional School Unit 59 Msad 59.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - 5 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Main Street Middle School
Public3 to 6

Madison Junior High School
Public5 to 8

Madison Area Memorial High School
Public9 to 12

Madison Elementary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 601 Lakewood Road, Madison, ME 04950
$170,000
1
972
1,916,640
$32,000
4
1,260
29,620
$85,000
3
1,568
31,798
$210,000
3
1,568
566,280
2
672
60,113
2,928
60,984

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.O. Bailey Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.