37 Lakewood Rd Madison, ME 04950

This exceptional property at 37 Lakewood Road in Madison, ME, presents a unique opportunity. Situated on a spacious 2.8-acre double lot, it offers a blend of residential comfort and significant commercial potential. The property features a substantial 1,360 square foot, four-bedroom, one-and-a-half-bathroom home, perfect for live-work arrangements. The home boasts versatile living spaces, including a dedicated office area, ideal for those seeking a home-based business. Ample vehicle and storage space is provided by both an attached two-car garage and a detached two-car garage, both equipped with new garage doors. Recent improvements include a new septic tank and leach field installed in July 2022, a new roof on the main house in August 2024, and a recent appraisal in July 2024 valuing the home at $305,000. The property's prime location offers excellent visibility and accessibility, making it attractive for a variety of commercial ventures. Outdoor living is enhanced by a 14x20 deck, perfect for entertaining. Adding to its appeal, the property enjoys direct access to the ITS 87 snowmobile trail. This combination of residential amenities and commercial viability makes this 2.8-acre property a rare find in Madison, ME. Priced at $309,000.