40 Olive St
Madison, ME 04950
3 Beds
2 Baths
1,462 sqft (on 0.30 acres)
$127,600
as of Jun 6, 2026
$127,600
as of Jun 6, 2026
3 Beds
2 Baths
1,462 sqft
(on 0.30 acres)
Local Information
© Google
-- mins to
Description
Enjoy the serenity of this lovely 3 bedroom 2 bath Cottage overlooking Hayden Brook which leads into Lake Wesserunsett. Great for entertaining with a glassed in porch and large private yard with a fire pit. Spend time lounging by the gurgling stream or canoeing in Lake Wesserunsett. Perfectly located in walking distance of several restaurants, a golf course, and movie theater. Wonderful home to experience everything that Maine has to offer.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 40 Olive St
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Heating & Cooling Heating: Baseboard, Stove, ElectricHeating Fuel: Baseboard |
Interior Details AtticNumber of Rooms: 6 |
Appliances & Utilities Refrigerator |
Levels, Entrance, & Accessibility Floors: Hardwood, Linoleum Vinyl |
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Exterior Home Features Roof: MetalDeck |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.30 acres |
Price History for 40 Olive St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/18/2020 | $60,000 | Sold | Maine Listings #1449535 |
| 08/04/2020 | $70,000 | Pending | Agent Provided |
| 04/15/2020 | $70,000 | Listed For Sale | Agent Provided |
| 09/18/2019 | $60,000 | Sold | N/A |
| 06/26/2018 | $70,000 | PriceChange | Agent Provided |
| 05/17/2018 | $73,000 | Listed For Sale | Agent Provided |
| 10/16/2016 | $69,000 | ListingRemoved | Agent Provided |
| 03/23/2016 | $69,000 | PriceChange | Agent Provided |
| 10/15/2015 | $74,900 | Listed For Sale | Agent Provided |
Market trends in Madison
Last updated April 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
17 2MoM
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $992 |
| Assessment | $61,600 |
Home facts updated by county records
Comparable Sales for 40 Olive St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $165,000 | 08/22/25 | 2 | 1 | 778 | |
0.29 | Single-Family Home | $465,000 | 05/21/26 | 3 | 2.5 | 2,428 | |
1.79 | Single-Family Home | $95,000 | 02/26/26 | 4 | 2 | 1,482 | |
1.18 | Single-Family Home | $425,000 | 12/30/25 | 4 | 2 | 2,800 | |
1.67 | Single-Family Home | $250,000 | 05/18/26 | 3 | 1 | 1,428 | |
1.60 | Single-Family Home | $285,000 | 01/23/26 | 4 | 2 | 2,376 | |
1.80 | Single-Family Home | $315,000 | 12/01/25 | 3 | 2 | 1,737 | |
1.86 | Single-Family Home | $410,000 | 12/22/25 | 3 | 2 | 2,427 | |
1.54 | Single-Family Home | $50,000 | 10/27/25 | 4 | 1 | 1,220 | |
2.02 | Single-Family Home | $250,000 | 09/19/25 | 3 | 1 | 1,247 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDJAN 16, 2026Better Homes & Gardens Real Estate/The Masiello Group, Closed
OFF MARKETColdwell Banker Realty, Closed
OFF MARKETKeller Williams Realty, Closed
OFF MARKETKeller Williams Realty, Closed
OFF MARKETEngel & Volkers Casco Bay, Closed
FOR SALE0.85 ACRESBetter Homes & Gardens Real Estate/The Masiello Group, Active
FOR SALE0.25 ACRESWorth Clark, Inc., Active
SOLDAUG 22, 2025Camden Real Estate Company, Closed
SOLDMAY 21, 2026Whittemore's Real Estate, Closed
Assigned Schools
These are the assigned schools for 40 Olive St.
- Madison Elementary School
- PK-4
- Public
- 239 Students
2/10GreatSchools RatingParent Rating AverageI think they are super staff members Can't say enough good things about them.They are so involved with the children.Parent Review12y ago - Madison Elementary School
- PK-2
- Public
NAGreatSchools RatingParent Rating Average
No reviews available for this school. - Madison Junior/Senior High School
- 7-12
- Public
NAGreatSchools RatingParent Rating AverageNo reviews available for this school. - Main Street Middle School
- 3-6
- Public
NAGreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 40 Olive St.
What Locals Say about Madison
At least 6 Trulia users voted on each feature.
100 % Say yards are well-kept
86 % Say parking is easy
86 % Say kids play outside
83 % Say it's dog friendly
75 % Say there's holiday spirit
75 % Say they plan to stay for at least 5 years
71 % Say car is needed
70 % Say people would walk alone at night
67 % Say neighbors are friendly
63 % Say there are sidewalks
63 % Say streets are well-lit
60 % Say it's walkable to grocery stores
54 % Say there's wildlife
50 % Say it's walkable to restaurants
44 % Say there are community events
40 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 40 Olive St
FOR SALE BY OWNER
10 ACRESColdwell Banker Realty, Active
FOR SALE BY OWNER
NEW - 1 DAY AGO2 ACRESKeller Williams Realty, Active
190 ACRESEngel & Volkers Casco Bay, Active
2.76 ACRESColdwell Banker Plourde Real Estate, Active
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Off Market Homes Near 40 Olive St
SOLDMAR 31, 2026- SOLDMAR 6, 2026
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Homes for rent near 40 Olive St
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40 Olive St, Madison, ME 04950 is a 3 bedroom, 2 bathroom, 1,462 sqft single-family home built in 1940. This property is not currently available for sale. 40 Olive St was last sold on Sep 18, 2020 for $60,000. The current Trulia Estimate for 40 Olive St is $127,600.