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$319,900 Just Listed
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Property Description
Completely reimagined from top to bottom, this beautifully renovated home blends classic New England Cape charm with extensive modern updates. Every detail has been thoughtfully completed, creating a home that's as functional as it is inviting. Step inside through the brand-new entryway, complete with laundry and generous closet space, before discovering a bright, welcoming interior finished with new luxury vinyl plank flooring, refinished hardwood floors, fresh paint, updated lighting, and custom built-ins that add both character and functionality. The new kitchen features brand-new cabinetry, butcher block countertops, a farmhouse sink overlooking the peaceful backyard and open field, and stainless steel appliances. The improvements continue throughout with two completely renovated bathrooms, select new windows, new exterior doors, updated electrical and light fixtures, a high-efficiency furnace, and a hybrid hot water heater, giving you the confidence that the major work has already been done. Outside is where this property truly shines. The rear deck overlooks open fields, creating the perfect backdrop. Just steps away, the fire pit patio is surrounded by mature hostas and thoughtfully landscaped gardens, offering a private outdoor space just minutes from town. You'll enjoy easy access to shopping, restaurants, healthcare, and everyday conveniences while still feeling tucked away. Even better, you're at the gateway to Maine's Woods, where endless opportunities for hunting, fishing, hiking, ATV and snowmobile trails, and outdoor adventure are all within easy reach. If you've been searching for a home where the work has already been done, 394 Lakewood Road delivers. Thoughtfully renovated, beautifully finished, and set on a picturesque lot, this is a must see.
Full Property Details
Full Property Details for 394 Lakewood Rd
General
- Price: $319,900
- Taxes: $3,533 (2025)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1673823
- Updated: 7/28/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, ENERGY STAR Qualified Appliances
- Furnishings: Unfurnished
- Flooring: Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Main Level, Washer Hookup
Additional Information
- Equipment: Cable, Internet Access Available
Exterior
- Porch/Patio/Deck: Deck, Glassed-in Porch, Patio
Parking
- Parking Features: Gravel, 1 - 4 Spaces, On-Site Parking, Off Street
Location
- County: Somerset
School Information
- High School District: RSU 59/MSAD 59
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard, Hot Water
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Architectural Style: Cape Cod, New Englander
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Walk-Out Access, Full, Sump Pump, Unfinished
- Roof: Shingle
- Windows: Double Pane Windows
- Square Feet: 1,735
- Sq. Ft. Source: Public Records
- Finished Total: 1,735 Sq. Ft.
- Finished Above Grnd: 1,735 Sq. Ft.
- Year Built: 1965
Lot Features
- Property View: Fields, Scenic
- Lot Size (Acres): 1.09
- Lot Size (Sq. Ft.): 47,480.4
- Zoning: Residential Rural
- Lot Description: Near Country Club, Near Town, Level, Open Lot, Pasture, Rolling Slope, Landscaped
Green Features
- Energy Efficient: 90% Efficient Furnace, Ceiling Fans, Dehumidifier, LED Light Fixtures, Thermostat
Financial Considerations
- Tax Amount: $3,533.53
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 11
Listed by Listings Direct (207) 313-0959
Get Pre-Approved Today
Schools
Schools serving 394 Lakewood Rd
School District:School Administrative District 59
| Name | Grades | Distance |
|---|---|---|
Madison Junior High School 205 Main Street, Madison, ME 04950 | 5-8 | 5.8 mi |
Madison Elementary School, Madison, ME 43 Learners Lane, Madison, ME 04950 | PK-4 | 6.2 mi |
Madison Area Memorial High School 486 Main Street, Madison, ME 04950 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 394 Lakewood Rd
Date
Details
Price
Change
Source
7/28/2026
Listed
$319,900
236.74%
MLS
2/04/2026
Sold
$95,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 394 Lakewood Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,534
23%
$247,100
38%
2024
$2,882
11%
$179,000
15%
2023
$2,592
10%
$155,200
23%
2022
$2,346
—
$126,200
5%
2021
$2,342
-5%
$120,600
4%
2020
$2,471
—
$116,300
—
2019
$2,471
-1%
$116,300
—
2018
$2,500
—
$116,300
—
2017
$2,500
—
$116,300
-2%
2016
$2,491
8%
$118,600
—
2015
$2,313
—
$118,600
—
2014
$2,313
11%
$118,600
—
2013
$2,079
—
$118,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 394 Lakewood Rd
394 Lakewood Road, Madison, ME 04950 (MLS# 1673823) is a Single Family property with 4 bedrooms and 2 full bathrooms. 394 Lakewood Road is currently listed for $319,900 and was received on July 28, 2026. Want to learn more about 394 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.

