Sold
Last Sold Price
384,199 Lot Size8.82 Acres
m4-l7-5 Lakewood Rd, Madison, ME 04950
LandProperty Type
8.82 acresLot Size

Description

Great location! Very nice 8.83 acre surveyed, commercial, lot ready for your new business or to build your dream home. Drainage and large amounts of gravel have already been added to improve the property.Great location! Very nice 8.83 acre surveyed, commercial, lot ready for your new business or to build your dream home. Drainage and large amounts of gravel have already been added to improve the property.
  • Listed by: Jim LeClair jr 207.649.7763 jimleclair77@gmail.com • Whittemore's Real Estate
Listing closed: 01/23/2026 12:00 AM • Source: Maine Listings, MLS#: 1602039

Recent comparable sales

Median sold price

$150,000

Avg days on market

289

Sale-to-list ratio

85.9%

Madison, ME

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Location

Listing Courtesy of Whittemore's Real Estate

Sold By Keller Williams Realty

Add your commute

Payment Calculator

$930 per month

30 year fixed, 6.71% Interest

Principal and Interest

$801

Property Taxes

$129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for M4-l7-5 Lakewood Road

Property Details
  • Taxes: $1,543 / year
  • MLS Type: Land
  • View: Trees/Woods
  • Has Waterfront: No
  • Zoning: Commercial
Building Information
  • Lot Size: 8.82 AC
Summary
Location and General Information
  • Water View: No
  • Location: Business District, Near Golf Course
  • Page: 255
  • Zoning Overlay: No
  • Directions: Travel Rt 201 North from Skowhegan toward Madison. Property is on the right before Cloughs Corners. See Sign
  • Latitude: 44.810664
  • Longitude: -$69.76
Taxes and HOA
  • Association: No
  • Tax Lot: 7-5
  • Tax Book Number: 4520
  • Tax Map Number: 4
  • Tax Year: 2023
  • Tax Annual Amount: $1,543.00
Parking
  • Parking Features: 21+ Spaces, Gravel, On Site, Off Street
  • Parking: 21+ Spaces, On Site, Off Street
Property
Lot Information
  • Lot Features: Open, Level, Near Golf Course
  • Lot Size Acres: 8.82
  • Lot Size Area: 8.82
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 384199.2
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 420.0
  • Source of Road Frontage: Survey
  • Tree Growth: false
  • Site: Level, Open
Property and Assessments
  • Property Type: Land
  • Deed: All
  • Deed Type Offered: Warranty
  • Surveyed: Yes
Financial Information
  • List Price/Acre: $20,294.78
Utilities
  • Electric: Other Electric
  • Gas: No Gas
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site
Interior and Exterior Features
Exterior Features
  • Driveway: Gravel

Property History for M4-l7-5 Lakewood Road

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Sold

Maine Listings #1602039

$155,000
Aug 28, 2024

Listed (Active)

Maine Listings #1602039

$199,000
Feb 23, 2019

Expired

Maine Listings #1252372

$210,000
DateEvent & SourcePrice
01/23/2026

Sold

Maine Listings #1602039

$155,000
08/28/2024

Listed (Active)

Maine Listings #1602039

$199,000
02/23/2019

Expired

Maine Listings #1252372

$210,000

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

Schools near M4-l7-5 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: M4-l7-5 Lakewood Road, Madison, ME 04950
$155,000
384,199
$51,679
142,876
1
4,578
66,647
$100,000
1,008
35,719
2
1
812
12,197
2
4,911
73,616

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 Whittemore's 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.