Search
Prepared Residential Development Parcel
For Sale
$130,000

38 Walker Road, Madison, ME 04950

An 11.13-acre residential lot with installed driveway, excavated homesite, and approved 3-bedroom septic design.

Property Size484,822 SF
Lot Size11.13 Acres
Price / SF$0.27
Days on Market156

Property Features for 38 Walker Road

General Information

Standard status Active
Size 484,822 SF
Lot size 11.13 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $606

Amenities

.00
Listing Agency: Allied Realty
Listed By: Chelsea VanGorden
Source: Compass
Added: Mar 8 Changed: Aug 8 Last Checked: Mar 25 at 12:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allied Realty

Investment Insights

Based on property information with market context.

This 11.13-acre residential parcel at 38 Walker Road has several key site improvements already completed, including a recently installed and surveyed layout with clearly painted boundary lines. A driveway has been installed and a homesite has been excavated for a 30' x 44' daylight basement, with foundation drain installation also completed. A drilled well was completed in 2023, and a 2023 septic design is in place for a 3-bedroom home using a modern stone bed septic system.

The property has been professionally staked and designated for installation. It is currently enrolled in a transferable Tree Growth program, with a 1-acre designated house lot and the remaining 10.13 acres preserved in Tree Growth.

Just outside of town, the parcel offers a country setting with minutes access to Skowhegan, Madison, and Norridgewock, with easy access to Waterville and Farmington.

Key Highlights

  • 11.13‑acre residential parcel at 38 Walker Road with a transferable Tree Growth program: 1‑acre house lot and 10.13 acres preserved in Tree Growth
  • Driveway installed and homesite excavated for a 30' x 44' daylight basement foundation
  • Foundation drain already installed for the planned basement structure

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 04950, ME

4,726
Population
2,755
Households
1.7
Avg Household Size
46
Median Age
15%
College-Educated
95%
High-School Grad
51.9 sq mi
ZIP Area
91
Density / Sq Mi
$48,750
Median Household Income
$43,668
Median Earnings
$892
Median Rent
$154,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - An 11.13-acre residential lot with installed driveway, excavated homesite, and approved 3-bedroom septic design.
Where is this residential land & home lot located?
The property is located at 38 Walker Road Madison, ME.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 11.13‑acre residential parcel at 38 Walker Road with a transferable Tree Growth program: 1‑acre house lot and 10.13 acres preserved in Tree Growth; Driveway installed and homesite excavated for a 30' x 44' daylight basement foundation; Foundation drain already installed for the planned basement structure
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message