This home's estimate is 39.3% lower than the average sale price ($329K) of 6 comparable homes.
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108 Lakewood Rd, Madison, ME 04950
About this home
12974 - Income-Generating Duplex on 6.4± Acre - Steps from Shopping & Amenities. First floor unit offers 2 bedrooms, pantry/laundry, kitchen, living room, and full bath. Second floor unit offers 2 bedrooms, kitchen, living room, full bath with laundry. Great investment opportunity. Detached barn great for storage and possibly more income generation. Turnkey! Outstanding visibility and road frontage. Ideal location with a variety of use options, tap into the booming local self-storage market, modular or mobile home, or commercial venture. Close to shopping and amenities in Skowhegan. This property could be converted back to a single-family home.
Redfin Estimate
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Market trends in 04950, ME
Last updated August 2026
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Sale history for 108 Lakewood Rd
$156/sq ft
$163/sq ft
$121/sq ft
$56/sq ft
$164/sq ft
$196/sq ft
$197/sq ft
$202/sq ft
Tax history for 108 Lakewood Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Garage
- Attached Garage: Yes
- # of Garage Spaces: 2
- Parking Features: Storage Above, Auto Door Opener, Basement, 1 - 4 Spaces, Paved, Underground
- Vehicle Storage: 2 Car, Attached, Auto Door Opener, Other Vehicle Storage, Storage Above, Underground, Basement
Interior
- Bathroom Information
- # of Baths (Full): 2
- Room 1 Information
- Type: Other Room
- Level: First
- Room 2 Information
- Type: Bedroom 1
- Level: First
- Room 3 Information
- Type: Bedroom 2
- Level: First
- Room 4 Information
- Type: Living Room
- Level: First
- Room 5 Information
- Type: Kitchen
- Level: Second
- Room 6 Information
- Type: Kitchen
- Level: First
- Room 7 Information
- Type: Bedroom 4
- Level: Second
- Room 8 Information
- Type: Bedroom 3
- Level: Second
- Room 9 Information
- Type: Living Room
- Level: First
- Basement Information
- Basement Entry: Interior, Brick/Mortar, Full, Sump Pump, Bulkhead
- Interior Features
- # of Rooms: 9
- Interior Features: 1st Floor Bedroom
- Washer, Refrigerator, Electric Range, Dryer
- Flooring: Carpet
- Laundry Information
- Laundry Features: 1st Floor Laundry, Upper Level, Main Level
Exterior
- Building Information
- Construction Materials: Vinyl Siding, Wood Frame
- Foundation Details: Concrete Perimeter, Brick/Mortar
- Roof: Metal
- Total Building Area (Sq. Ft.): 1,526
- Building Area Source: Public Records
- Exterior Features
- Patio & Porch Features: Porch
- Property Information
- Property Sub Type: Single Family Residence
- Year Built: 999
- Above-Grade Finished Area (Sq. Ft.): 1,526
- Lot Information
- Lot Size (Sq. Ft.): $278,784
- Lot Size (Acres): 6.4
- Lot Size Source: Public Records
- Lot Features: Pasture/Field, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town
- Road Surface Type: Paved
- Zoning: None
Financial
- Tax Information
- Annual Tax Amount: $2,536
- Tax Year: 2024
Utilities
- Utility Information
- Has Heating
- Heating: Hot Water, Baseboard
- Electric: Circuit Breakers
- Sewer: Septic Tank, Private Sewer
- Water Source: Well, Private
- Water Heater: Electric
Location
- Location Information
- Unparsed Address: 108 Lakewood Road, Madison, ME 04950
- Directions: From Skowhegan on Rte 201 , just after Madison town line on left. Use GPS.
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,526
- Stories: 2.0
- Lot Size: 6.4 acres
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Somerset County
- APN: 512102
Around this home
Schools
Public 3-6 • Assigned • 6.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 90° expected this year, 15 days in 30 years
10% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 7.6 hours in June and 3 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 04950
Home values near 108 Lakewood Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1188 Sq. Ft. | $223,557 |
4 Beds | 1.5 Baths | 1360 Sq. Ft. | $333,023 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1328 Sq. Ft. | $246,826 |
3 Beds | 1 Baths | 540 Sq. Ft. | $177,979 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2496 Sq. Ft. | $404,490 |
4 Beds | 3 Baths | 1750 Sq. Ft. | $327,813 |
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