557 Preble Avenue, Madison, ME 04950 (MLS # 1649513)
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This classic single-family residence offers 4 bedrooms and 2 full bathrooms, providing ample space and flexible living options. With 2,352 square feet of interior living space, this home presents a solid foundation for customization and value enhancement. Situated on a spacious 2-acre lot, the property offers privacy while remaining conveniently close to town, making it an ideal location for both owner-occupants and investors. A newer metal roof adds durability and long-term value, while multiple heat sources provide efficiency and comfort options throughout the seasons. The home includes a 2-bay garage, perfect for vehicles, storage, or workshop use. While the property needs TLC, it offers tremendous potential for renovation, rental income, or resale. The generous lot size allows room for outdoor living, expansion, or landscaping improvements. With its desirable layout, strong structural features, and excellent location, this property is a great investment opportunity for buyers looking to add value and make it their own.
| LAST UPDATED | 1/16/2026 | YEAR BUILT | 1960 |
|---|---|---|---|
| GARAGE SPACES | 2.0 | COUNTY | Somerset |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Range, Refrigerator |
| BASEMENT | Partial, Walk-Out Access, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Attached Garage, Yes |
| HEAT | Baseboard, Hot Water, Pellet Stove, Wood Stove |
| INTERIOR | Storage |
| LOT | 2 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 2.0 |
| MLS STATUS | Active |
| PARKING | Gravel, Attached |
| SEWER | Private Sewer |
| STYLE | Cape Cod |
| TAXES | 3672.24 |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Private |
MORTGAGE CALCULATOR
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Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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