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$385,000
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Property Description
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 in 2024 new windows throughout, new roof, updated flooring, 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
Full Property Details for 55 Balsam Dr
General
- Sold For: $385,000
- HOA FEE: $111/month
- HOA FEE FREQ.: Annually
- Taxes: $3,568 (2025)
- Status: Closed
- Type: Single Family
- Source: MREIS
- MLS ID: 1663446
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: 1st Floor Bedroom, Bathtub, Storage
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- 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
- Basement: Yes
- Basement Desc.: Bulkhead, Interior Entry, Full, Unfinished
- Roof: Shingle
- Square Feet: 1,264
- Sq. Ft. Source: Public Records
- 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
- Street/Road Desc.: Private Road, Gravel, Dirt
- Zoning: R
- Lot Description: Neighborhood, Rural, Corner Lot, Level, Wooded
Financial Considerations
- Association Fee: $1,333
- Assoc Fee Freq.: Annually
- Tax Amount: $3,568
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 02-193
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Schools
Schools serving 55 Balsam Dr
School District:School Administrative District 57
| Name | Grades | Distance |
|---|---|---|
Waterboro Elementary School 340 Sokokis Trail, Waterboro, ME 04030 | PK-5 | 5.1 mi |
Massabesic Middle School 134 Old Alfred Road, Waterboro, ME 04030 | 6-8 | 5.5 mi |
Massabesic High School 88 West Road, Waterboro, ME 04087 | 9-12 | 8.4 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
Date
Details
Price
Change
Source
7/01/2026
Sold
$385,000
-3.73%
MLS
5/22/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
55 Balsam Drive, Waterboro, ME 04061 (MLS# 1663446) is a Single Family property that was sold at $385,000 on July 01, 2026. This property was 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.


