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8 Meadow Drive, Waterville, ME, 04901

2beds
2baths
1,128sqft
$324,900
$288price/sqft
$2,544/moest. monthly cost
$101,760/yrincome needed

About This Home

Well-maintained ranch-style home in Waterville's desirable 55+ community. Open living area with mini-split heat/cooling, ceiling fans throughout, and durable vinyl plank flooring. Primary suite includes a private bath with walk-in shower and grab bars, plus a walk-in closet. Bright year round sunroom-style office space with French doors offers flexible use as a home office or den. Level, landscaped yard is bordered by a natural stone wall, the only lot in the community with this appealing feature. Outdoor patio space is ready for grilling or relaxing. Convenient location minutes from shopping and I-95 access, making trips to appointments, errands, or travel simple. A solid option for buyers seeking low-maintenance, one-level living in a quiet, established neighborhood.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

5/10
Albert S Hall SchoolGrades 4-52.6 mi
5/10
4/10

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Slab
  • Roof: Pitched,Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • 1st Floor Primary Bedroom w/Bath,Storage,Walk-In Closet(s),Primary Bedroom w/Bath
  • Flooring: Laminate,Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,128

Heating & Cooling

  • Heating features: Heat Pump,Radiant
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,128
  • Total interior livable area: 1,128 sqft

Kitchen

  • Features: Eat-in Kitchen,Kitchen Island
  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Full Bath,Walk-In Closet(s)
  • Level: First

Sunroom

  • Level: First

Property

Details

  • Parcel number: WAVLM035B045
  • Zoning: RR, RD

Features

  • Patio & porch: Patio

Lot

  • Lot size: 0.44 Acres
  • Features: Near Shopping,Neighborhood,Level,Open Lot

Parking

  • Total spaces: 1
  • Parking features: Paved,1 - 4 Spaces
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Lightning
Hurricane
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,642$19,704
Home Insurance $150$1,800
Property Taxes $508$6,096
Electricity $244$2,930
Total$2,544$30,528

Income You'd Need if You Spent...

35% on housing$87,222/yr
40% on housing$76,320/yr
45% on housing$67,840/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$288This listing

vs Other Active Listings

Avg $/sqft

ZIP 04901$126
Kennebec County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 04901$179
Kennebec County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Price change$324,900
2026-07-06Listed for sale$339,500

For Sale by Agent

AgentJeff Jolicoeur
BrokerageEXP Realty

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