UNDER CONTRACT

Contingent

$399,900

Est. $2,530/mo —

•

3,052

sq ft

457 Lakewood Rd, Madison, ME 04950

About this home

Welcome to 457 Lakewood Road, where timeless character meets modern craftsmanship. This beautifully remodeled 1820s farmhouse is stunning in every detail. The custom kitchen, handcrafted by the current owner, seamlessly blends modern convenience with old-world charm, while the thoughtfully designed pantry provides abundant storage for all your culinary essentials. Every room showcases its own unique charm and warmth. The first-floor primary suite is privately situated away from the main living areas, creating a peaceful retreat. A dedicated workshop offers the perfect space for a woodworker, artisan, or hobbyist. Set on approximately 2± acres, this versatile property offers both residential and commercial potential. Conveniently located between Madison and Skowhegan, you'll enjoy easy access to shopping, dining, and entertainment. Outdoor enthusiasts will appreciate direct access to a snowmobile trail bordering the rear of the property. Whether you're seeking a distinctive home, a business opportunity, or a combination of both, the possibilities here are endless. This exceptional property is truly a must-see. Schedule your private showing today.

Single-familyProperty Type

1820Year Built

2 acresLot Size

$131Price/Sq.Ft.

3 garage spacesParking

Listed by Ernest {Ernie} Falcone • Keller Williams Realty

Listing updated: Aug 20, 2026 at 08:25am

Redfin checked: 2 minutes ago

•Source:MREIS #1665482

Payment calculator

$2,530 per month

Principal and interest$2,102

Property taxes

$351

HOA dues

Home insurance

$77

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (1)

Around this home

Schools

K - 12
Preschool & daycare

Main Street Middle School

Public 3-6 • Assigned • 5.7mi

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
First-floor bedroom
First-floor primary bedroom with bath
Bathtub
Shower
Pantry
Storage
Walk-in closet(s)
Internet access available
Unfurnished

Bedrooms
Primary bedroom on the first floor
Bedroom 2 on the second floor
Bedroom 3 on the second floor
Office (first floor)

Bathrooms
Two full bathrooms
One half bathroom

Kitchen
Electric range
Microwave
Dishwasher
Refrigerator
Pantry

Laundry & utility
Washer
Dryer
Laundry on main level

Flooring
Laminate
Hardwood

Heating & cooling
Forced air heating
Direct vent furnace/heater

Sale and tax history for 457 Lakewood Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$4,575 (+15.5%)

$156,700 + $163,200

$319,900

2024

$3,961 (+12.2%)

$120,900 + $125,100

$246,000

2023

$3,529 (+2.8%)

$102,400 + $108,900

$211,300

2022

$3,434 (+0.4%)

$84,100 + $100,600

$184,700

2021

$3,420 (−6.2%)

$80,100 + $96,000

$176,100

2020

$3,647

$80,100 + $91,500

$171,600

2019

$3,647 (−1.1%)

$80,100 + $91,500

$171,600

2018

$3,689

$80,100 + $91,500

$171,600

2017

$3,689 (+2.4%)

$80,100 + $91,500

$171,600

2016

$3,604 (+7.7%)

$80,100 + $91,500

$171,600

2015

$3,346

$80,100 + $91,500

$171,600

2014

$3,346 (+11.2%)

$80,100 + $91,500

$171,600

2013

$3,008

$80,100 + $91,500

$171,600

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2 Acres

Year renovated

—

Finished Sq. Ft.

1,152

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,152

Year built

—

Style

Multi-Family (2-4 Unit)

County

Somerset County

APN

510005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

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

2/10 Heat Factor

7 days above 90° expected this year, 15 days in 30 years

4/10 Wind Factor

10% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Madison, ME • 04950

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.6 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 457 Lakewood Rd

$378,621

$21K under list price of $400K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $255K to $465K.

SOLD AUG 28, 2026
$255,000 Last sold price
3 beds1.5 baths2,735 sq ft
202 Malbons Mills Rd, Skowhegan, ME 04976
$38/sq ft
smaller lot
148 years newer
SOLD AUG 27, 2026
$420,000 Last sold price
3 beds2 baths1,680 sq ft
5 Holly Ln, Cornville, ME 04976
$119/sq ft
smaller lot
205 years newer
SOLD JUL 7, 2026
$425,000 Last sold price
3 beds2 baths1,424 sq ft
31 Salmon Rd, Madison, ME 04950
$167/sq ft
smaller lot
130 years newer
SOLD MAY 21, 2026
$465,000 Last sold price
3 beds2.5 baths2,428 sq ft
58 Naomi Ave, Madison, ME 04950
$61/sq ft
160 years newer
SOLD DEC 1, 2025
$315,000 Last sold price
3 beds2 baths1,737 sq ft
15 Kincaid Rd, Madison, ME 04950
$50/sq ft
larger lot
188 years newer
SOLD JUN 30, 2026
$270,000 Last sold price
4 beds2 baths1,820 sq ft
8 Spring St, Madison, ME 04950
$17/sq ft
smaller lot

Rental earnings

Est. $1,917 per month, based on comparable rentals

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Details provided by MREIS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Open houses

Nearby open houses (1)

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 457 Lakewood Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 457 Lakewood Rd

This home may not be allowing tours right now

Nearby similar homes

New listings for sale in 04950

More real estate resources