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22 Hillside Road, 
Waterboro, ME 04061

$389,000


2

Beds


1

Bath


864

Sq Ft


Single Family

Active

American Real Estate

Last updated:

July 31, 2026, 10:26 AM

MLS#

1669503

Source:

ME MREIS

About This Home

22 Hillside Road

Affordable Lake Arrowhead Retreat - Turnkey & Move-In Ready! Escape to the highly desirable Lake Arrowhead Community with this beautifully renovated 2-bedroom, 1-bath ranch featuring a full walk-out basement with the potential to add a third bedroom (subject to Town approval). A 3-bedroom septic design is already on file, offering excellent expansion possibilities. Currently operating as a successful Airbnb, this home is perfect as a year-round residence, vacation getaway, or investment property. Relax on the beautiful covered farmer's porch--the perfect place to enjoy your morning coffee, entertain guests, or unwind after a day on the lake. Inside, you'll find tasteful renovations throughout, a bright and inviting floor plan, forced hot air heat, and the warmth and charm of a newer wood stove for cozy Maine evenings also a beautiful brick fireplace. Step outside to a private, fenced backyard featuring a spacious deck overlooking the yard, a fire pit for gathering with family and friends, and a storage shed for all your outdoor gear. Lake Arrowhead has an exceptional four-season lifestyle with multiple public beaches, swimming areas, boat launches, kayaking, fishing, and miles of trails. Surrounded by numerous lakes and endless outdoor recreational opportunities, this location is perfect for boating, hiking, snowmobiling, ATV riding, conveniently located just 40 minutes from Portland, you'll enjoy the peacefulness of lake living while remaining within an easy commute to the city. This property offers outstanding value, expansion potential, and proven Airbnb income, making it an excellent opportunity whether you're looking for a primary residence, vacation home, or investment property.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1986

Subdivision & Development:

LAC

Price Summary

389,000

$450 per Sq. Ft.

MLS #:

1669503

Last Updated:

July 31, 2026, 10:26 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1


Structure

Structure

Architectural Style:

Raised Ranch

Building Area:

864 Sq. Ft.

Year Built:

1986


Lot

Lot Size (Sq. Ft):

35,283


Finances & Disclosures

Finances

Price:

$389,000

Price per Sq. Ft:

$450 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.