OFF MARKET

Off market may 2022 for $391K

$426,303

•

1,428

sq ft

497 New Dam Rd, North Waterboro, ME 04061

About this home

This home checks all the boxes! Great community, move in ready, well maintained, cozy and spacious! The flooring has been replaced in the majority of the home within the last year and freshly painted as well. On the main floor you will find the Kitchen, livingroom, formal diningroom a full bathroom and the first of 4 bedrooms, (currently being used as a home office) The second floor hosts three more bedrooms and another full bathroom. This home is neat as a pin and has a great flow. Lake Arrowhead is not built like other associations! We might just be the most easy going community you'll ever find! We take great pride in our 14 private beaches and love our clubhouses. Both with indoor pools and one with a party room and outdoor pool and the other outfitted with a full size gym!

Single-familyProperty Type

1998Year Built

0.5 acresLot Size

$299Est. Price/Sq.Ft.

1 spaceParking

Listed by Julie Court • JC North East Real Estate

Bought with Matthew Lamontagne Gena Lamontagne • Signature Homes Real Estate Group, LLC

Redfin checked: 2 minutes ago

•Source:MREIS #1523256

Redfin Estimate

$426,303

$35K since sold in May 2022$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.8% higher than the average sale price ($411K) of 6 comparable homes.

SOLD JUN 12, 2026
$385,000
A
3 beds2 baths1,440 sq ft
73 Greenfield Rd, North Waterboro, ME 04061
BOUGHT WITH REDFIN JUL 20, 2026
$355,000
B
3 beds2 baths1,240 sq ft
32 Balsam Dr, North Waterboro, ME 04061
SOLD SEP 8, 2026
$425,000
C
3 beds2 baths1,648 sq ft
39 Paradise Ln, North Waterboro, ME 04061
SOLD APR 3, 2026
$339,000
D
4 beds2 baths1,456 sq ft
28 Summit Dr, North Waterboro, ME 04061
SOLD AUG 28, 2026
$545,000
E
3 beds2 baths2,000 sq ft
143 Old Portland Rd, North Waterboro, ME 04061
SOLD MAR 18, 2026
$415,000
F
3 beds2 baths1,460 sq ft
25 Spring Lake Dr, North Waterboro, ME 04061

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Earn from this home

Sell

$112,748

Est. take-home

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Rent

$2,154/mo

Redfin rental estimate

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Market trends in 04061, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.6%

1.4% MoM

Median sale price

$385K

$5K MoM

Avg. days on market

25d

7 days MoM

Recently sold homes

2 MoM

New listings for sale

$439,900
3 beds2 baths1,344 sq ft
55 Beaver Dam Rd, North Waterboro, ME 04061
$465,000
3 beds2 baths1,440 sq ft
210 Fairview Dr, North Waterboro, ME 04061
See all

Provided by Redfin

Sale history for 497 New Dam Rd

Date

Event

Price

MREIS #1523256

May 25, 2022

Sold

$391,000

$274/sq ft

Mar 31, 2022

Price Changed

$365,000

$256/sq ft

Mar 31, 2022

Listed

$265,000

$186/sq ft

MREIS #1285799

Feb 15, 2017

Sold

$157,000

$110/sq ft

Nov 7, 2016

Price Changed

$160,000

$112/sq ft

Oct 13, 2016

Listed

$165,000

$116/sq ft

+29

Move right in to this well kept, Full Dormered cape with optional 4th bedroom. It rests back off the road, providing enough parking and yard for everyone to relax or play. Unique stone walls create gardening space and nice landscape. The home is in great condition with dry basement and functional floorplan. Its a solid property, come see the value and opportunity being offered today. At this price, you won't find a better deal in the area.

MREIS #1074750

Jul 16, 2013

Sold

$137,900

$97/sq ft

+21

MREIS #1045844

Mar 24, 2012

Listed

$150,000

$105/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,243 (+6.0%)

$40,000 + $252,700

$292,700

2024

$3,060 (+15.2%)

$30,000 + $246,900

$276,900

2023

$2,657 (+5.9%)

$22,200 + $179,100

$201,300

2022

$2,510 (+3.1%)

$19,800 + $159,500

$179,300

2021

$2,435 (+7.5%)

$18,000 + $143,800

$161,800

2020

$2,265 (+1.0%)

$16,500 + $130,700

$147,200

2019

$2,242 (+0.1%)

$15,000 + $130,700

$145,700

2018

$2,239 (−0.4%)

$15,000 + $130,500

$145,500

2017

$2,247 (+1.4%)

$15,000 + $130,500

$145,500

2016

$2,217 (−1.9%)

$15,000 + $130,500

$145,500

2015

$2,259 (−0.3%)

$30,000 + $131,900

$161,900

2014

$2,265

$30,000 + $131,900

$161,900

Tax history for 497 New Dam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,243 (+6.0%)

$40,000 + $252,700

$292,700

2024

$3,060 (+15.2%)

$30,000 + $246,900

$276,900

2023

$2,657 (+5.9%)

$22,200 + $179,100

$201,300

2022

$2,510 (+3.1%)

$19,800 + $159,500

$179,300

2021

$2,435 (+7.5%)

$18,000 + $143,800

$161,800

2020

$2,265 (+1.0%)

$16,500 + $130,700

$147,200

2019

$2,242 (+0.1%)

$15,000 + $130,700

$145,700

2018

$2,239 (−0.4%)

$15,000 + $130,500

$145,500

2017

$2,247 (+1.4%)

$15,000 + $130,500

$145,500

2016

$2,217 (−1.9%)

$15,000 + $130,500

$145,500

2015

$2,259 (−0.3%)

$30,000 + $131,900

$161,900

2014

$2,265

$30,000 + $131,900

$161,900

*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

1.5

Stories

Lot width

—

Lot depth

—

Lot size

0.53 Acres

Year renovated

—

Sq. Ft.

1,224

Year built

1998

Style

Single Family Residential

County

York County

APN

413047

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 30, 2026.

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Paved

Interior

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Dining Room
Level: First

Room 2 Information
Type: Bedroom 4
Level: Second

Room 3 Information
Type: Bedroom 3
Level: Second

Room 4 Information
Type: Bedroom 2
Level: Second

Room 5 Information
Type: Living Room
Level: First

Room 6 Information
Type: Kitchen
Level: First

Room 7 Information
Type: Bedroom 1
Level: First

Basement Information
Basement Entry: Interior, Full, Bulkhead, Unfinished

Interior Features
# of Rooms: 7
Washer, Refrigerator, Microwave, Dryer, Dishwasher, Cooktop
Flooring: Laminate

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Building Area (Sq. Ft.): 1,428
Building Area Source: Public Records

Property Information
Property Sub Type: Single Family Residence
Year Built: 1998
Above-Grade Finished Area (Sq. Ft.): 1,428

Lot Information
Lot Size (Sq. Ft.): $21,780
Lot Size (Acres): 0.5
Lot Size Source: Public Records
Lot Features: Open, Neighborhood, Subdivided
Road Surface Type: Paved
Zoning: RES

Waterfront Information
Waterfront: Yes
Water Body Name: Lake Arrowhead
Water Body Type: Lake

Subdivision Information
Subdivision Name: Lake Arrowhead Association

Financial

Tax Information
Annual Tax Amount: $2,435
Tax Year: 2021

Utilities

Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Private Sewer
Water Source: Public
Water Heater: Off Heating System

Location

HOA Information
Has Association
Association Fee: $111
Association Fee Frequency: Monthly

Location Information
Unparsed Address: 497 New Dam Road, Waterboro, ME 04061
Directions: GPS Friendly

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,224
Stories: 2.0
Lot Size: 0.53 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: —
County: York County
APN: 413047

Home facts updated by county records on Jul 30, 2026

Around this home

Schools

Waterboro Elementary School

Public PreK-5 • Assigned • 4.3mi

6/10

Massabesic Middle School

Public 6-8 • Assigned • 4.7mi

6/10

Massabesic High School

Public 9-12 • Assigned • 7.5mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

North Waterboro, ME • 04061

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$405,000 – $491,000

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New listings for sale in 04061

$439,900

3 beds2 baths1,344 sq ft

55 Beaver Dam Rd, North Waterboro, ME 04061

$465,000

3 beds2 baths1,440 sq ft

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Home values near 497 New Dam Rd

Data from public records.

Address	Redfin Estimate
498 New Dam Road, North Waterboro, ME 3 Beds \| 1 Baths \| 1092 Sq. Ft.	$346,137
488 New Dam Road, North Waterboro, ME 3 Beds \| 1.5 Baths \| 1388 Sq. Ft.	$403,392

Address	Redfin Estimate
486 New Dam Road, North Waterboro, ME 4 Beds \| 2 Baths \| 1620 Sq. Ft.	$423,627
504 New Dam Road, North Waterboro, ME 3 Beds \| 1 Baths \| 960 Sq. Ft.	$326,639

Address	Redfin Estimate
483 New Dam Road, North Waterboro, ME 3 Beds \| 1 Baths \| 1036 Sq. Ft.	$397,928
501 New Dam Road, North Waterboro, ME 3 Beds \| 2 Baths \| 1672 Sq. Ft.	$397,227

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

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 04061, ME

Sale history for 497 New Dam Rd

Tax history for 497 New Dam Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04061

Home values near 497 New Dam Rd

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