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Offered at $355,000Active
beds
3
baths
2
sq ft
1,438
Built
1972

366 E Madison Road

Madison, ME 04950

About this home

Welcome to 366 East Madison Road! Bring your homesteading dreams to life with this 3 bedroom, 1.5 bath ranch sitting on a beautiful 7.2 acre lot that offers privacy, space, and plenty of potential. The property features a large open field that could be ideal for agricultural use, gardening, recreation, or simply enjoying the expansive outdoor space and wildlife. This home offers convenient one-level living and a spacious two car garage plus an additional workshop area that provides plenty of room for storage or could be converted back into a third bay. Well cared for and updated through the recent years, with a peaceful setting and generous acreage, this property offers a great opportunity for those looking for room to spread out and make the most of the land.

Listing last checked: Listing updated:

Listed by Listing Agent · Meservier & Associates · MLS #1684961

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Electric, Oil, Baseboard, Heat Pump
Cooling
Heat Pump
Flooring
Laminate
Fireplaces
2
Building5 property facts
Style
Single Family Residence
Year built
1972
Garage
2
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
7.2 acres
Water
Private
Sewer
Private Sewer
Zoning
Rural Residential
Financial2 property facts
Annual taxes
$4,236
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $355,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,148 / monthAdjust
Principal & interest
$1,795
Property tax
$353
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,236. 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 366 E Madison Road

Can I request a private showing?

Request a tour of 366 E Madison 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.