55 Balsam Dr

Lake Arrowhead ME 04061

1264 sq. ft.

19602 sq. ft.

Single-Family

Last sold for $385,000

Robert Letellier, last sold this property on 01 July 2026 after -64 days on market.

Overview

This is the Home for you!! Charming and updated 4-bedroom, 1.5-bath Cape set on a private corner lot in the sought-after Lake Arrowhead Community! This inviting home offers the perfect blend of comfort, convenience, and recreation with a spacious deck overlooking a large backyard ideal for entertaining, relaxing, or enjoying Maine's beautiful seasons. Recent improvements include in 2024 new windows throughout, new roof, updated flooring, direct vent furnace system, and refreshed kitchen quartz counters, giving the home a modern feel while maintaining its warm character. The flexible floor plan features a first-floor bedroom along with a half bath and convenient washer & dryer setup, perfect for one-level living options. Upstairs you'll find the primary bedroom, two additional bedrooms, and a full bath providing plenty of room for family and guests. As part of the Lake Arrowhead Community, residents enjoy access to an impressive array of amenities including two indoor pools, an outdoor pool, clubhouse, fitness and recreation opportunities, plus beach rights for swimming, boating, and year-round fun. Whether you're searching for a primary residence, vacation getaway, or investment opportunity, this home delivers exceptional value and lifestyle!

Features

4 bedrooms

2 bathrooms

1264 sq. ft. floor area

19602 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Lake Arrowhead over the last 12 months, the estimated median property value of 55 Balsam Dr is $390.75k.

Median value

$390.75k

Estimated value range

$339k - $687k

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Lake Arrowhead. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 55 Balsam Dr

2026

Sold

$385,000

01 Jul 2026 by Robert Letellier, of Coldwell Banker Realty

2019

Sold

$185,000

07 May 2019 by Kyle Mango, of REMAX Realty One | Ogunquit

2017

Sold

$157,500

28 Dec 2017 by Kalah Ampungan, of Spectrum Real Estate

Happy sellers in Lake Arrowhead

We have insufficient information to provide an overview of customer satisfaction for Lake Arrowhead. Viewing the agent profiles, reviews and sales for Lake Arrowhead can provide insights for this location.