OFF MARKET

Off Market Oct 2022 for $345K

$412,240

•

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

$275Est. Price/Sq.Ft.

3 garage spacesParking

Listed by Diane Gray • Treeline to Shoreline Realty

Bought with Diane Gray • Treeline to Shoreline Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1537897

Redfin Estimate

$412,240

$67K since sold in October 2022$16K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.3% 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

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$130,493

Est. take-home

List your home with Redfin and save $4,122

Market trends in 04048, ME

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

+0.6% MoM

Median sale price

$460K

$10K MoM

Avg. days on market

53d

15 days MoM

Recently sold homes

1 MoM

New listings for sale

$395,000
3 beds1.5 baths1,326 sq ft
3 Division Rd, Limerick, ME 04048
$459,900
3 beds2 baths1,336 sq ft
4 Neponset Cir, Limerick, ME 04048
$409,000
2 beds1 bath1,460 sq ft
226 Elm St, 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
Places
Transit

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

$392,000 – $475,000

Reach more buyers when you sell with Redfin. Save up to $4,122 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

$369,900

2 beds1 bath960 sq ft

9 Moffett Rd, Limerick, ME 04048

$1,395,000

5 beds4.5 baths3,025 sq ft

2 Betty Ln, East Waterboro, ME 04030

$510,000

2 beds2.5 baths1,824 sq ft

40 Durgin Farm Rd, Limington, ME 04049

$579,000

3 beds2 baths1,442 sq ft

60 North Rd, Limington, ME 04049

$395,000

3 beds1.5 baths1,326 sq ft

3 Division Rd, Limerick, ME 04048

$449,000

4 beds1.5 baths3,288 sq ft

424 Sokokis Trl, East Waterboro, ME 04030

New listings for sale in 04048

$395,000

3 beds1.5 baths1,326 sq ft

3 Division Rd, Limerick, ME 04048

$459,900

3 beds2 baths1,336 sq ft

4 Neponset Cir, Limerick, ME 04048

$409,000

2 beds1 bath1,460 sq ft

226 Elm St, 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.	$717,754

Address	Redfin Estimate
50 Island Road, Limerick, ME 3 Beds \| 2 Baths \| 1588 Sq. Ft.	$708,151

Address	Redfin Estimate
75 Island Road, Limerick, ME 3 Beds \| 2 Baths \| 1232 Sq. Ft.	$481,309

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

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Wells homes for sale
Buxton homes for sale
Wakefield homes for sale
Sebago homes for sale
Ossipee homes for sale

Houses for sale near me	Portland, ME homes for sale	Bangor, ME homes for sale
Land for sale near me	Scarborough, ME homes for sale	Kittery, ME homes for sale
Open Houses near me	South Portland, ME homes for sale	Lake Arrowhead Property Records
Condos for sale near me	Falmouth, ME homes for sale	ME New Listings
Agents near me	Cape Elizabeth, ME homes for sale	Lake Arrowhead Housing Market

04048 homes for sale
04049 homes for sale
04061 homes for sale

Biddeford homes for sale
Saco homes for sale
Kennebunk homes for sale

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

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