OFF MARKET

Off market oct 2022 for $345K

$420,418

•

1,500

sq ft

55 Island Rd, Limerick, ME 04048

About this home

Beautiful setting for this cape style home on 1.5 acres in Lake Arrowhead Community. Three bedrooms up, two full baths, office/den on first floor with eat in kitchen. Woodstove in dining area, large breezeway and water access to launch your kayak is literally right around the corner. HUGE 3 car garage has tons of room for your vehicles AND the toys. Appliances convey and pellet stove in the basement too. Fabulous community with pools, tennis courts. Less than an hour from Portland, two hours from Boston.

Single-familyProperty Type

2004Year Built

1.51 acresLot Size

$280Est. Price/Sq.Ft.

3 garage spacesParking

Listed by Diane Gray • Treeline to Shoreline Realty

Bought with Diane Gray • Treeline to Shoreline Realty

Redfin checked: a minute ago

•Source:MREIS #1537897

Redfin Estimate

$420,418

$75K since sold in October 2022$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.8% lower than the average sale price ($531K) of 6 comparable homes.

SOLD JUL 17, 2026
$401,000
A
3 beds2 baths1,344 sq ft
29 Watson Hill Rd, Limerick, ME 04048
SOLD JUN 30, 2026
$740,000
B
4 beds2 baths1,728 sq ft
217 Leisure Ln, Limerick, ME 04048
SOLD MAR 20, 2026
$455,000
C
3 beds2 baths1,624 sq ft
60 Sequoia Ln, North Waterboro, ME 04061
SOLD MAR 20, 2026
$625,000
D
3 beds2 baths1,588 sq ft
50 Island Rd, Limerick, ME 04048
SOLD JUL 22, 2026
$529,000
E
3 beds2 baths1,392 sq ft
577 Doles Ridge Rd, Limerick, ME 04048
SOLD JUL 15, 2026
$434,000
F
3 beds2 baths1,400 sq ft
110 Coffin Hill Rd, Limerick, ME 04048

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Earn from this home

Sell

$138,201

Est. take-home

List your home with Redfin and save $4,204

Market trends in 04048, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.0%

+1.0% MoM

Median sale price

$490K

$5K MoM

Avg. days on market

35d

4 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 15 HRS AGO
$469,000
4 beds2 baths1,960 sq ft
26 Grand View Dr, Limerick, ME 04048
OPEN SUN, 12PM TO 2PM
$699,000
3 beds3 baths2,292 sq ft
234 Silver Ln, Limerick, ME 04048
$460,000
3 beds2 baths1,232 sq ft
331 Foss Rd, Limerick, ME 04048
$500,000
3 beds2.5 baths1,560 sq ft
17 Home Field Dr, Limerick, ME 04048
See all

Provided by Redfin

Sale history for 55 Island Rd

Date

Event

Price

MREIS #1642860

Nov 6, 2025

Listed

$435,000

$290/sq ft

MREIS #1636730

Oct 23, 2025

Price Changed

$449,900

$300/sq ft

Oct 3, 2025

Price Changed

$459,000

$306/sq ft

Sep 25, 2025

Price Changed

$474,900

$317/sq ft

Sep 12, 2025

Price Changed

$499,000

$333/sq ft

Sep 5, 2025

Listed

$550,000

$367/sq ft

MREIS #1537897

Oct 21, 2022

Sold

$345,500

$230/sq ft

Aug 27, 2022

Price Changed

$350,000

$233/sq ft

Aug 8, 2022

Price Changed

$369,900

$247/sq ft

Jul 27, 2022

Listed

$399,900

$267/sq ft

MREIS #1472904

Nov 9, 2020

Sold

$316,000

$211/sq ft

Oct 15, 2020

Listed

$299,000

$199/sq ft

PrimeMLS #4834343

Nov 9, 2020

Sold

$316,000

$211/sq ft

Oct 23, 2020

Pending

—

Oct 15, 2020

Listed

$299,000

$199/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,367

$87,142 + $267,258

$354,400

2024

$3,367 (+11.7%)

$87,142 + $267,258

$354,400

2023

$3,014 (+7.1%)

$35,050 + $163,214

$198,264

2022

$2,815 (+6.9%)

$35,050 + $163,214

$198,264

2021

$2,633 (+1.2%)

$28,040 + $130,571

$158,611

2020

$2,601 (+4.1%)

$28,040 + $130,571

$158,611

2019

$2,498 (−2.5%)

$28,040 + $130,571

$158,611

2018

$2,562 (+2.6%)

$28,040 + $130,571

$158,611

2017

$2,498 (+4.7%)

$28,040 + $130,571

$158,611

2016

$2,387 (+4.3%)

$28,040 + $130,571

$158,611

2015

$2,288 (+5.1%)

$28,040 + $128,700

$156,740

2014

$2,176

$28,040 + $125,760

$153,800

Tax history for 55 Island Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,367

$87,142 + $267,258

$354,400

2024

$3,367 (+11.7%)

$87,142 + $267,258

$354,400

2023

$3,014 (+7.1%)

$35,050 + $163,214

$198,264

2022

$2,815 (+6.9%)

$35,050 + $163,214

$198,264

2021

$2,633 (+1.2%)

$28,040 + $130,571

$158,611

2020

$2,601 (+4.1%)

$28,040 + $130,571

$158,611

2019

$2,498 (−2.5%)

$28,040 + $130,571

$158,611

2018

$2,562 (+2.6%)

$28,040 + $130,571

$158,611

2017

$2,498 (+4.7%)

$28,040 + $130,571

$158,611

2016

$2,387 (+4.3%)

$28,040 + $130,571

$158,611

2015

$2,288 (+5.1%)

$28,040 + $128,700

$156,740

2014

$2,176

$28,040 + $125,760

$153,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

1.51 Acres

Year renovated

—

Sq. Ft.

768

Year built

—

Style

Other

County

York County

APN

318948

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 30, 2026.

Property details

Parking

Parking Information
Has Garage
Attached Garage: Yes
# of Garage Spaces: 3
Parking Features: 5 - 10 Spaces, Gravel, Inside Entrance
Vehicle Storage: 3 Car, Attached, Direct Entry to Living

Interior

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Living Room
Level: First

Room 2 Information
Type: Kitchen
Level: First

Room 3 Information
Type: Office
Level: First

Room 4 Information
Type: Bedroom 2
Level: Second

Room 5 Information
Type: Bedroom 1
Level: Second

Room 6 Information
Type: Dining Room
Level: First

Room 7 Information
Type: Bedroom 3
Level: Second

Basement Information
Basement Entry: Full, Bulkhead, Unfinished

Interior Features
# of Rooms: 7
Washer, Refrigerator, Electric Range, Dryer, Dishwasher
Flooring: Wood, Laminate, Carpet

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Metal, Shingle
Total Building Area (Sq. Ft.): 1,500
Building Area Source: Seller

Property Information
Property Sub Type: Single Family Residence
Year Built: 2004
Above-Grade Finished Area (Sq. Ft.): 1,500

Lot Information
Lot Size (Sq. Ft.): $65,775.60
Lot Size (Acres): 1.51
Lot Size Source: Public Records
Lot Features: Level, Wooded, Rural
Road Surface Type: Gravel, Dirt
Zoning: RES

Subdivision Information
Subdivision Name: Lake Arrowhead Community

Financial

Tax Information
Annual Tax Amount: $2,633
Tax Year: 2021

Utilities

Utility Information
Has Heating
Heating: Stove, Hot Water, Baseboard
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Septic Tank
Water Source: Well
Water Heater: Off Heating System

Location

HOA Information
Has Association
Association Fee: $1,110
Association Fee Frequency: Annually

School Information
High School District: RSU 57/MSAD 57

Location Information
Unparsed Address: 55 Island Road, Limerick, ME 04048
Directions: Rt 5 towards Limerick, take a right on Waycross Way, follow down to Island Road on the left. Cross over the water, house on right.

Public facts

Beds: —
Baths: —
Sq. Ft.: 768
Stories: 2.0
Lot Size: 1.51 acres
Style: Other
Year Built: —
Year Renovated: —
County: York County
APN: 318948

Home facts updated by county records on Jul 30, 2026

Around this home

Schools

Line Elementary School

Public PreK-5 • Assigned • 4.4mi

5/10

Massabesic Middle School

Public 6-8 • Assigned • 6.6mi

6/10

Massabesic High School

Public 9-12 • Assigned • 9.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 93° expected this year, 15 days in 30 years

4/10 Wind Factor

12% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Limerick, ME • 04048

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$400,000 – $484,000

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Nearby similar homes

$500,000

3 beds2.5 baths1,560 sq ft

17 Home Field Dr, Limerick, ME 04048

NEW CONSTRUCTION

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3 beds2 baths1,792 sq ft

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4 beds1 bath1,478 sq ft

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OPEN TODAY, 11AM TO 12:30PM

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3 beds1.5 baths1,326 sq ft

3 Division Rd, Limerick, ME 04048

New listings for sale in 04048

NEW 15 HRS AGO

$469,000

4 beds2 baths1,960 sq ft

26 Grand View Dr, Limerick, ME 04048

OPEN SUN, 12PM TO 2PM

$699,000

3 beds3 baths2,292 sq ft

234 Silver Ln, Limerick, ME 04048

$460,000

3 beds2 baths1,232 sq ft

331 Foss Rd, Limerick, ME 04048

$500,000

3 beds2.5 baths1,560 sq ft

17 Home Field Dr, Limerick, ME 04048

Home values near 55 Island Rd

Data from public records.

Address	Redfin Estimate
58 Island Road, Limerick, ME 3 Beds \| 2 Baths \| 1588 Sq. Ft.	$724,588

Address	Redfin Estimate
50 Island Road, Limerick, ME 3 Beds \| 2 Baths \| 1588 Sq. Ft.	$722,003

Address	Redfin Estimate
75 Island Road, Limerick, ME 3 Beds \| 2 Baths \| 1232 Sq. Ft.	$494,465

Property information provided by MREIS when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 04048, ME

Sale history for 55 Island Rd

Tax history for 55 Island Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04048

Home values near 55 Island Rd

More real estate resources