248 E Madrid Road, Phillips, ME 04966
Property image
Property image
OFF MARKET

248 E Madrid Road
Phillips, ME 04966

  • 3 Beds
  • 2.5 Baths
  • 2,750 sqft (on 50 acres)

$584,900

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,542/mo*

$584,900

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $3,542/mo*
3 Beds
2.5 Baths
2,750 sqft
(on 50 acres)

Home Value

Trulia Estimate
$585K
Since last month
Increased$4K (+0.7%)
Since last year
Increased$78K (+15.5%)
Since last sale
Increased$99K (+20.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +105% in the last 10 years
MonthEstimated value
2026
August 2026$584K
July 2026$580K
June 2026$577K
May 2026$576K
April 2026$573K
March 2026$563K
February 2026$529K
January 2026$513K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.38
Single-Family Home
$80,000
11/12/25
2
1
893
1.42
Single-Family Home
$350,000
03/12/26
3
2
1,144
1.85
Single-Family Home
$935,000
06/25/26
3
2.5
1,800
1.52
Single-Family Home
$290,000
09/05/25
3
1
1,152
1.52
Single-Family Home
$245,000
07/27/26
4
1
1,152
2.61
Single-Family Home
$1,145,000
05/14/26
3
2
1,433
3.04
Single-Family Home
$335,000
04/17/26
2
2
1,250
2.63
Single-Family Home
$235,000
05/13/26
2
1
1,600
2.72
Single-Family Home
$200,000
06/22/26
2
1
960
3.27
Single-Family Home
$180,000
10/15/25
3
2
1,238

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.38
$80,000
2
1
893
Recently Sold
0.41
$79,000
-
-
-
For Sale
0.53
$297,100
3
2
1,536
Off Market
0.59
-
-
-
-
Off Market
0.67
$128,900
1
1
264
Off Market
0.76
$364,100
3
2
1,396
Off Market
0.80
$70,000
-
-
-
Recently Sold
0.80
$150,000
-
-
-
For Sale
0.84
-
-
-
-
Off Market
1.13
$200,000
-
-
-
For Sale
1.17
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 248 E Madrid Road.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2000
Lot Size
50 acres
Living Area
2,750 sqft
Price/Sqft
$213
Parking
Garage
Last check for updates: about 14 hours ago
Listed by Real Broker
Bought with: Keller Williams Realty
Source: Maine Listings, MLS#1593545

About this House

Nestled in the Western Mountains of Maine, conveniently located to Rangeley, Sugarloaf, Farmington, sits a custom built timber frame home situated on 50 acres with breathtaking panoramic views of 7 different mountain ranges. This property features woods, fields, gardens, meadows, and a brook that borders the property. A walking trail has been cleared along the brook's edge and other trails throughout the property. For outdoor enthusiasts with hobbies such as ATV riding or snowmobiling, this property has direct access to the trails from your property. An abundance of wildlife with regular guests such has Moose, Deer, Turkey that you can view from your house or balconies. Enjoy the native brook trout located in the stream that borders the east side of the property.

The home has 3 Bedrooms with a possible 4th using the loft, also an oversized detached garage with an in-law suite that's plumbed for a bathroom. Entertain in your oversized kitchen with large island, granite counters, custom cabinetry, and newer appliances. Spacious 2 story living room with cathedral beamed ceilings featuring a premium fisher wood stove. Master bedroom with his & her closets, soak in the views in your jacuzzi jetted tub. Laundry on bedroom level. Plenty of closet space throughout the home. Full basement with new hot water tank and boiler system. Home has underground power along with a full house generator hook-up. Full cell phone service and high speed internet at the property.

Easy maintenance and move in ready! Schedule your showing today!
248 E Madrid Road, Phillips, ME 04966 is a 3 bedroom, 3 bathroom, 2,750 sqft single-family home built in 2000. It last sold for $485,000 on Jul 26, 2024 (3% below the $499,900 asking price). It is currently off market. The Trulia Estimate is $584,900, with a rent estimate of $3,208/month.

Home Details for 248 E Madrid Road

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Bulkhead,Interior Entry,FullNumber of Rooms: 8Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2750 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Hot Water,Zoned,StoveNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Gas & Electric
Electric: Circuit Breakers, Underground
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Tile, Wood
Levels, Entrance, & Accessibility
Floors: Tile, Wood
View
Has a ViewView: Fields, Mountain(s), Scenic, Trees/Woods

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: DeckNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Gravel,5 - 10 Spaces
Frontage
WaterfrontRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Brook boarders property
Finished Area
Finished Area (above surface): 2750 Square Feet

Property Information

Year Built
Year Built: 2000
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Chalet
Building
Construction Materials: Wood Frame, Clapboard, Shingle Siding, Wood Siding

Price & Status

Price
List Price: $499,900
Status Change & Dates
Off Market Date: Fri Jun 28 2024

Location

Direction & Address
City: Phillips

Building

Building Area
Building Area: 2750 Square Feet

Lot Information

Lot Area: 50 Acres

Miscellaneous

BasementMls Number: 1593545Above Grade Unfinished Area: 2750

Price and Tax history

DateEventPrice
Jul 26, 2024
Source: Maine Listings #1593545
Sold
$485,000
Jun 30, 2024
Source: Maine Listings #1593545
Pending
$499,900
Jun 20, 2024
Source: Maine Listings #1593545
Listed For Sale
$499,900
Jul 13, 2023
Source: Maine Listings #1559223
Sold
$440,000
Jun 14, 2023
Source: Maine Listings #1559223
Pending
$475,000

Market trends in Phillips

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
11
2
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Phillips

At least 2 Trulia users voted on each feature.
  • 100 % Say there's wildlife

  • 100 % Say there are community events

  • 100 % Say it's dog friendly

  • 100 % Say there's holiday spirit

  • 100 % Say car is needed

  • 100 % Say parking is easy

  • 80 % Say neighbors are friendly

  • 67 % Say it's walkable to grocery stores

  • 67 % Say people would walk alone at night

  • 67 % Say kids play outside

  • 50 % Say yards are well-kept

  • 50 % Say there are sidewalks

  • 33 % Say it's walkable to restaurants

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • nick m.
    "this part of western maine is very beautiful lots of views peicefull and quiet lots of recreational things to do"

LGBTQ Local Legal Protections

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and 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. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

Frequently asked questions about 248 E Madrid Road

  • What is 248 E Madrid Road estimated to be worth?
    Trulia's estimated value for 248 E Madrid Road in Phillips, ME is $584,900.
  • What is the price history for 248 E Madrid Road?
    248 E Madrid Road in Phillips, ME last sold for $485,000 in July 2024.
  • Is Phillips a buyer's or seller's market?
    Phillips is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 248 E Madrid Road?
    The closest schools to 248 E Madrid Road in Phillips, ME are Mt Abram Regional High School (rated 6/10), Phillips Elementary School (Pre-K/Middle).
  • Does 248 E Madrid Road have laundry facilities?
    Yes, 248 E Madrid Road in Phillips, ME has in-unit laundry.
  • How big is the lot at 248 E Madrid Road?
    The lot at 248 E Madrid Road in Phillips, ME is about 50 acres.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 248 E Madrid Road

Skip to last item
Skip to first item

Homes for sale near 248 E Madrid Road

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item