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$238,000
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Property Description
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.
Full Property Details
Full Property Details for 108 Lakewood Rd
General
- Sold For: $238,000
- Taxes: $2,536 (2024)
- Status: Closed
- Type: Single Family
- Source: MREIS
- MLS ID: 1627562
- Added to Site: 212 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: 1st Floor Bedroom
- Appliances: Washer, Refrigerator, Electric Range, Dryer
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry - 1st Floor, Upper Level, Main Level
Exterior
- Porch/Patio/Deck: Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Storage Above, Auto Door Opener, Basement, 1 - 4 Spaces, Paved, Underground
Location
- County: Somerset
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Septic Tank, Private Sewer
- Water: Well, Private
- Well: Yes
Structural Information
- Architectural Style: Other, Farmhouse, New Englander
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal
- Building Size: 1526
- Square Feet: 1,526
- Sq. Ft. Source: Public Records
- Living Area: 1,526 Sq. Ft.
- Finished Total: 1,526 Sq. Ft.
- Finished Above Grnd: 1,526 Sq. Ft.
- Year Built: 999
Lot Features
- Property View: Fields
- Lot Size (Acres): 6.4
- Lot Size (Sq. Ft.): 278,784
- Lot Size Source: Public Records
- Zoning: None
- Lot Description: Pasture/Field, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town
Financial Considerations
- Tax Amount: $2,536
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 5
Listed by Allied Realty (207) 474-9553
Sold by Summit Real Estate (207) 436-5555
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Schools
Schools serving 108 Lakewood Rd
School District:School Administrative District 59
| Name | Grades | Distance |
|---|---|---|
Madison Area Memorial High School 486 Main Street, Madison, ME 04950 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 Lakewood Rd
Date
Details
Price
Change
Source
10/31/2025
Sold
$238,000
-4.03%
MLS
6/20/2025
Listed
$248,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
108 Lakewood Road, Madison, ME 04950 (MLS# 1627562) is a Single Family property that was sold at $238,000 on October 31, 2025. Want to learn more about 108 Lakewood Road? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

