Madison Homes under $400,000

Welcome to Madison, Maine – a hidden gem nestled in the heart of Somerset County. This charming town, with its picturesque landscapes and friendly community, offers a unique blend of rural tranquility and vibrant local culture. Madison is known for its stunning natural beauty, surrounded by lush forests and serene lakes, making it an ideal location for outdoor enthusiasts and families alike. Whether you enjoy hiking, fishing, or simply taking in the breathtaking views, Madison has something for everyone.

One of the most appealing aspects of Madison is its affordability. With a variety of homes available for under $400,000, this town presents an excellent opportunity for first-time buyers, families looking to settle down, or those seeking a peaceful retreat. The real estate market here features a diverse selection of properties, from cozy single-family homes to charming cottages, each offering a unique character and inviting atmosphere.

In addition to its affordable housing options, Madison boasts a strong sense of community and a range of amenities. Residents can enjoy local shops, delicious dining options, and recreational activities that foster a tight-knit atmosphere. The town also hosts various events throughout the year, bringing neighbors together and celebrating the spirit of Madison.

If you’re searching for an affordable home in a welcoming community surrounded by natural beauty, Madison, Maine, is the perfect place to call home. Come discover the charm of this delightful town and find your dream property today!

Newest Madison Homes under $400,000

$130,000

2 Beds ⋅ 1 Baths

13159 - Looking for a private getaway hunting camp or place to call home? This 60 Acres property offers plenty of space, Privacy and opportunity to enjoy the outdoors. The property features a 2-bedroom with detached one car garage, set back with a long driveway for added privacy. The home can use some updating giving you the opportunity to make it your own. Heating is currently electric and or propane with a woodstove for additional heat, the chimney does need some work. Surrounded by nature and offering plenty of acreage to explore, this is an excellent opportunity for anyone who enjoys hunting, hiking recreation or simply getting away from it all. 60-acres, privacy and endless outdoor possibilities - come make this peaceful retreat your own!

986 Lakewood Rd, Madison

Listing courtesy of Allied Realty.

$84,900

3 Beds ⋅ 1 Baths

Great opportunity on this Cape Cod style home. It offers approximately 864 square feet of living space with 3 bedrooms and 1 bathroom. Built in 1940 many repairs and updates are needed but has potential. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect prior bidding.

42 Park St, Madison

Listing courtesy of RealHome Services and Solutions Inc. sherry.price@rhss.com

$158,000

3 Beds ⋅ 1 Baths

Welcome to 134 Weston Avenue in Madison! This cozy three-bedroom, one-bath home offers comfortable living with several recent updates, including fresh paint throughout, new kitchen flooring, and new carpet on the second floor. Conveniently located close to downtown Madison, schools, shopping, and everyday amenities, the home also provides easy access to nearby Skowhegan and all that Central Maine has to offer. Enjoy year-round recreation with the Kennebec River and Lake Wesserunsett nearby, offering opportunities for boating, fishing, hiking, snowmobiling, and more. A great opportunity to enjoy small-town Maine living with both convenience and outdoor recreation close at hand. Showings begins at open house Sunday 10/4 1:00 -2:00pm

134 Weston Ave, Madison

Listing courtesy of Parmley Properties.

$219,900

4 Beds ⋅ 2 Baths

Welcome to this charming New England-style farmhouse, nestled in a quaint neighborhood and conveniently located near the Kennebec River, where you can enjoy kayaking, canoeing, fishing, and the beauty of Maine's outdoors. This three-bedroom, two-full-bath home offers over 1,600 square feet of comfortable living space and comes complete with newer appliances. Outside, you'll appreciate the large yard and beautiful landscaping that adds to classic New England charm. Enjoy a friendly neighborhood and being close to area attractions and amenities, including the renowned Somerset Abbey & its 100-year-old pipe organ, Maine State Theater, golf, and much more.

18 Rowell St, Madison

Listing courtesy of Drakes Real Estate LLC.

$229,000

2 Beds ⋅ 1 Baths

Here is an intown home on a corner lot where you can move right in and enjoy neighborhood life. As you drive up you will notice the inviting curb appeal, sitting areas, fenced in garden spot and the backyard is privately fenced. The paved driveway and attached garage with carport give storage options and the ability to pull out of the weather and enter the home directly into the mudroom. The family room has a built in murphy bed for extra guests, a living room with large windows, a dining room, kitchen and main floor bathroom. Upstairs there are two bedrooms and the basement has two extra bonus rooms and a workout area. The home should pass for all financing programs, schedule your showing to see if this one is what you have been waiting for.

21 Myrtle St, Madison

Listing courtesy of Taylor Realty, Inc..

$169,000

4 Beds ⋅ 3 Baths

13154 - In-town Madison location with a large lot and three-unit configuration offering excellent potential. The property includes two one-bedroom efficiency units and a spacious two-bedroom unit on the second level. All units feature electric heat. Currently vacant and ready for some TLC, this property presents an opportunity to bring your vision and updates to a multi-unit investment. Separate driveways provide added convenience, with the possibility of creating additional parking in the rear. Priced accordingly and being sold in "as is" condition.

7 Gray St, Madison

Listing courtesy of Allied Realty.

$59,000

3 Beds ⋅ 2 Baths

Quiet park near amenities with public water and sewer! One level and move in ready three bedroom, 2 bathroom home situated within Hidden Acres MHP. This home and layout provide comfort and convenience for all. Recently updated throughout, a large living room, a full kitchen with dining area and barstool seating, two bedrooms, a full bathroom, a primary bedroom with full bathroom, and washer/dryer hook-up. Come check it out today! Owner financing may be available, please inquire.

26 Hidden Acres Dr, Madison

Listing courtesy of The Dot Fernald Team, Inc..

$320,000

3 Beds ⋅ 1 Baths

13144 - Discover this delightful 3-bedroom, 1-bath split level home, with 2024 sqft of comfortable living space. Placed in a beautiful country setting, with easy access to stores, restaurants, and petrol. Once you drive into the paved driveway, you'll notice the detached garage, heated & 5K Generac generator, the perfect location for a workshop. As you walk out of the garage step up into the back yard, you'll see the covered deck. The perfect spot for a summer evening meal outdoors or relaxing with family and friends. As you look out on the back yard towards the field you may see a family of deer grazing in the late afternoon sun in this peaceful setting. Move inside and find a perfectly designed kitchen with easy work flow for the chef in the family. As you make your way into the spacious living room, feel the comfortable temperature provided by the heat pump. The bedrooms and bath are down the hall from the living room. This level is conveniently set up as the main living space. Make your way down the stairs to a finished 1012 square ft of space with a dedicated laundry room, office space, bonus room, etc. The boiler room is to the left with a 50 gal heat pump water heater, twin oil tanks connected to the HWBB heating system. Across the hall is the exercise room and the lower level entrance.

355 River Rd, Madison

Listing courtesy of Allied Realty.

$235,900

2 Baths

13141 - Both units are 2-beds with one bathroom. Easy flow design and walking distance to amenities.

43 Park St, Madison

Listing courtesy of Allied Realty.

$140,000

3 Beds ⋅ 2 Baths

13142 - Looking for a property with room to make it your own? This 1988 single-wide mobile home offers 3 bedrooms, 2 bathrooms, and a full-length addition that gives the home a spacious, comfortable feel. The large eat-in kitchen opens into the living room, where a wood stove creates a cozy gathering spot. Tons of natural light throughout makes the space feel bright and inviting. Outside is where this property really shines. Set on a gorgeous .60-acre lot, the land is open, level, and offers plenty of room for entertaining, gardening, playing, or simply enjoying your own space. A single-car garage provides great storage or the perfect spot for a workshop. The home sits on a concrete slab and has hurricane straps for added peace of mind and potential financing options. The property does need some TLC and updating, but the potential is here--and the price reflects the opportunity. The seller is motivated and ready to pass this property along to someone who will give it a little love and make it their own. Come take a look and see what you can do with this great lot and home!

950 Lakewood Rd, Madison

Listing courtesy of Allied Realty.

$255,000

1 Beds ⋅ 1 Baths

106 Nichols Street in Madison offers a unique opportunity for anyone looking for substantial garage and workspace along with comfortable living quarters. The property features approximately 2,880 square feet of space, including an oversized three-car garage, a dedicated woodworking room, a vehicle lift, and an attached one-bedroom, one-bath apartment. The layout provides plenty of flexibility for a wide range of uses and is especially well suited for someone who needs room for vehicles, equipment, tools, storage, or ongoing projects. For a contractor, mechanic, tradesperson, car enthusiast, woodworker, or small business owner, the garage and shop space are the standout features. Having living quarters attached adds another level of convenience, allowing you to keep your home and workspace together without sacrificing valuable shop space. The in-town Madison location also provides easy access to local businesses, services, and surrounding communities while still giving you the kind of workspace that can be difficult to find in a typical residential property. Whether you're looking for a property to support your business, a place to work on vehicles and projects, or simply more garage space than the average home can offer, 106 Nichols Street is worth a closer look.

106 Nichols St, Madison

Listing courtesy of Real Broker.

$229,900

4 Beds ⋅ 2 Baths

Welcome to 16 Jones St in Madison! This inviting home offers comfortable living with a great mix of character, functionality, and space to make your own. The fenced-in backyard provides a private outdoor space for relaxing, entertaining, gardening, or enjoying time outdoors. Conveniently located in town, you'll be close to local shops, dining, schools, and everyday amenities. Whether you're looking for a full-time home, investment opportunity, or a place to settle into a welcoming community, 16 Jones St is worth a look. Come see the possibilities and imagine making this Madison property your own!

16 Jones St, Madison

Listing courtesy of Coldwell Banker Realty.

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