Affordable Lake Arrowhead Retreat - Turnkey & Move-In Ready! Escape to the highly desirable Lake Arrowhead Community with this beautifully renovated 2-bedroom, 1-bath ranch featuring a full walk-out basement with the potential to add a third bedroom (subject to Town approval). A 3-bedroom septic design is already on file, offering excellent expansion possibilities. Currently operating as a successful Airbnb, this home is perfect as a year-round residence, vacation getaway, or investment property. Relax on the beautiful covered farmer's porch--the perfect place to enjoy your morning coffee, entertain guests, or unwind after a day on the lake. Inside, you'll find tasteful renovations throughout, a bright and inviting floor plan, forced hot air heat, and the warmth and charm of a newer wood stove for cozy Maine evenings also a beautiful brick fireplace. Step outside to a private, fenced backyard featuring a spacious deck overlooking the yard, a fire pit for gathering with family and friends, and a storage shed for all your outdoor gear. Lake Arrowhead has an exceptional four-season lifestyle with multiple public beaches, swimming areas, boat launches, kayaking, fishing, and miles of trails. Surrounded by numerous lakes and endless outdoor recreational opportunities, this location is perfect for boating, hiking, snowmobiling, ATV riding, conveniently located just 40 minutes from Portland, you'll enjoy the peacefulness of lake living while remaining within an easy commute to the city. This property offers outstanding value, expansion potential, and proven Airbnb income, making it an excellent opportunity whether you're looking for a primary residence, vacation home, or investment property.
Single-familyProperty Type
1986Year Built
0.81 acresLot Size
$408Price/Sq.Ft.
$111/moHOA Dues
5 spacesParking
Listed by Stephen {Steve} Levine• American Real Estate
Two bedroom ranch in need of repairs. Sold AS IS. Bank owned
PrimeMLS #241284
Feb 28, 2006
Sold
$149,000
$172/sq ft
Dec 12, 2005
Listed
$149,900
$173/sq ft
2 bedroom home sits on a double lot just a stones through from the lake. Screened in porch, knotty pine interior and walk-out basement that could be finished for added space.
Year
Property tax
Land + Additions
Assessment*
2025
$2,835 (+1.0%)
$70,000 + $185,900
$255,900
2024
$2,808 (+16.3%)
$50,000 + $204,100
$254,100
2023
$2,414 (+6.3%)
$33,300 + $149,600
$182,900
2022
$2,272 (+3.0%)
$29,700 + $132,600
$162,300
2021
$2,206 (+14.5%)
$27,000 + $119,600
$146,600
2020
$1,927 (+1.2%)
$16,500 + $108,700
$125,200
2019
$1,904
$15,000 + $108,700
$123,700
2018
$1,904 (−0.3%)
$15,000 + $108,700
$123,700
2017
$1,910 (+1.3%)
$15,000 + $108,700
$123,700
2016
$1,885 (−2.6%)
$15,000 + $108,700
$123,700
2015
$1,935 (−0.3%)
$30,000 + $108,700
$138,700
2014
$1,940 (+2.5%)
$30,000 + $108,700
$138,700
2013
$1,892
$30,000 + $108,700
$138,700
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.51 Acres
Year renovated
—
Finished Sq. Ft.
864
Unfinished Sq. Ft.
—
Total Sq. Ft.
864
Year built
1986
Style
Single Family Residential
County
York County
APN
413223
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Historical weather
North Waterboro, ME • 04061
Average low and high temperatures (°F)
28
12
32
11
44
26
55
36
65
46
76
56
82
61
79
54
73
51
61
40
47
30
33
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in North Waterboro. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 22 Hillside Rd
$350,131
$2,369 under list price of $353K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $304K to $412K.