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Offered at $425,000Active
beds
5
baths
2
sq ft
2,015
Built
1946

1631 Lakewood Road

Madison, ME 04950

About this home

Have you been dreaming of owning your very own New England farmhouse with breathtaking panoramic views, plenty of acreage, and endless possibilities? If so, this could be the property you've been waiting for! Situated on 9.6 acres, this charming farmhouse features 4 bedrooms, 2 full bathrooms, and the perfect combination of country living, functionality, and opportunity. Whether you're looking to start your own working farm, create your dream homestead, have horses or other livestock, or simply enjoy the peace and quiet of rural Maine, this property has so much potential! Inside, you'll find plenty of space to make yourself at home. Imagine starting your mornings watching the sunrise from your kitchen or relaxing in the four-season porch while taking in the breathtaking panoramic views of the lake and surrounding fields. It's the kind of setting that truly makes this property special! Heading outside is where this property really shines! You'll find a spacious 4-bay garage, a pole barn, and an impressive 26-stall barn complete with a milking house and hay elevator. There's also an additional barn structure toward the back of the property, along with an existing concrete slab with potential for a mobile home or another structure, subject to town approval. Outdoor enthusiasts will love the proximity to snowmobile and four-wheeler trails, along with the great hunting opportunities found right on the property! Whether you're a farmer, looking to homestead, dreaming of an equestrian property, or exploring the possibility of creating a beautiful wedding venue, the opportunities here are endless! With breathtaking views, 9.6 acres, and multiple outbuildings, this one-of-a-kind property is truly something special! Bring your ideas and make this incredible property your own! Taxes to be determined, as the property is being divided from a larger parcel.

Listing last checked: Listing updated:

Listed by Listing Agent · Real Broker · MLS #1684430

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Details at a glance

Interior5 property facts
Rooms
10
Heating
Electric, Oil, Wood, Baseboard, Forced Air, Wood Stove
Cooling
Window Unit(s)
Flooring
Carpet, Vinyl, Linoleum
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1946
Garage
4
Foundation
Poured Concrete
Roof
Metal
Land & utilities4 property facts
Lot size
9.6 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
Farmland
Financial2 property facts
Annual taxes
$4,746
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $425,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,545 / monthAdjust
Principal & interest
$2,149
Property tax
$396
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,746. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 1631 Lakewood Road

Can I request a private showing?

Request a tour of 1631 Lakewood Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.