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$399,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,264 Sq. Ft.
  • 0.45 Acres
  • Updated 5 hours ago

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Open House: 2:00 PM - 5:00 PM

Saturday 5/23 2:00 PM - 5:00 PM

55 Balsam Drive,Waterboro, ME 04061

55 Balsam DriveWaterboroME04061

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This is the Home for you!! Charming and updated 4-bedroom, 1.5-bath Cape set on a private corner lot in the sought-after Lake Arrowhead Community! This inviting home offers the perfect blend of comfort, convenience, and recreation with a spacious deck overlooking a large backyard ideal for entertaining, relaxing, or enjoying Maine's beautiful seasons. Recent improvements include a new roof, updated flooring throughout, direct vent furnace system, and refreshed kitchen quartz counters, giving the home a modern feel while maintaining its warm character. The flexible floor plan features a first-floor bedroom along with a half bath and convenient washer & dryer setup, perfect for one-level living options. Upstairs you'll find the primary bedroom, two additional bedrooms, and a full bath providing plenty of room for family and guests. As part of the Lake Arrowhead Community, residents enjoy access to an impressive array of amenities including two indoor pools, an outdoor pool, clubhouse, fitness and recreation opportunities, plus beach rights for swimming, boating, and year-round fun. Whether you're searching for a primary residence, vacation getaway, or investment opportunity, this home delivers exceptional value and lifestyle!

Full Property Details for 55 Balsam Dr

General

  • Price: $399,900
  • HOA FEE: $111/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,568 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MREIS
  • MLS ID: 1663446
  • Updated: Today (5/22/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 7
  • Interior Features: 1st Floor Bedroom, Bathtub, Storage
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Flooring: Carpet, Laminate, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Main Level, Washer Hookup

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: Paved, 5 - 10 Spaces, Off Street

Location

  • County: York
  • Subdivision: Lake Arrowhead

Community

  • Association: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Baseboard, Direct Vent Furnace, Hot Water

Utilities

  • Sewer: Private Sewer
  • Water: Lake-Drawn, Public

Structural Information

  • Architectural Style: Cape Cod
  • Construction: Wood Frame, Clapboard, Wood Siding
  • Roof: Shingle
  • Building Size: 1264
  • Square Feet: 1,264
  • Sq. Ft. Source: Public Records
  • Living Area: 1,264 Sq. Ft.
  • Finished Total: 1,264 Sq. Ft.
  • Finished Above Grnd: 1,264 Sq. Ft.
  • Year Built: 1989

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,602
  • Lot Size Source: Public Records
  • Street/Road Desc.: Private Road, Gravel, Dirt
  • Zoning: R
  • Lot Description: Corner Lot, Level, Wooded, Neighborhood, Rural

Financial Considerations

  • Association Fee: $1,333
  • Assoc Fee Freq.: Annually
  • Tax Amount: $3,568
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 02-193
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 55 Balsam Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 55 Balsam Dr

School District:School Administrative District 57
NameGradesDistance
Waterboro Elementary School
340 Sokokis Trail, Waterboro, ME 04030
PK-55.1 mi
Massabesic Middle School
134 Old Alfred Road, Waterboro, ME 04030
6-85.5 mi
Massabesic High School
88 West Road, Waterboro, ME 04087
9-128.4 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 55 Balsam Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$399,900
112.44%
MLS
5/07/2019
Sold
$188,237
—
Public Record
Get Price Alerts and Save Property
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 for 55 Balsam Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,568
9%
$322,000
8%
2024
$3,284
15%
$297,200
37%
2023
$2,863
6%
$216,900
13%
2022
$2,695
3%
$192,500
11%
2021
$2,616
8%
$173,800
10%
2020
$2,433
1%
$158,100
1%
2019
$2,410
—
$156,600
—
2018
$2,399
—
$155,900
—
2017
$2,407
1%
$155,900
—
2016
$2,376
—
$155,900
-9%
2015
$2,384
—
$170,900
—
2014
$2,391
3%
$170,900
—
2013
$2,331
—
$170,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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55 Balsam Drive, Waterboro, ME 04061 (MLS# 1663446) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 55 Balsam Drive is currently listed for $399,900 and was received on May 22, 2026. This property is listed by Bob Letellier from our Saco Office.Want to learn more about 55 Balsam Drive? Do you have questions about finding other Single Family real estate for sale in Waterboro? You can browse all Waterboro real estate or contact a Coldwell Banker agent to request more information.

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