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Welcome to 40 Lakewood, a lovingly maintained Colonial nestled in the highly desirable Lakewood Community of Alton Bay. Whether you're searching for a year-round residence or the perfect vacation retreat, this home offers comfort, space, and an exceptional location. Step inside to a stunning entryway with vaulted ceilings that creates an inviting first impression. The main level features a spacious front-to-back living room with a cozy gas fireplace, a large eat-in kitchen with abundant cabinetry and additional pantry storage, and a formal dining room ideal for hosting family and friends. Enjoy summer evenings on the expansive back deck, perfect for outdoor dining, entertaining, or simply relaxing. A charming covered front porch provides another wonderful space to unwind and enjoy the peaceful surroundings. Completing the first floor is a versatile bedroom that could also serve as a home office, den, or playroom & is next to a 3/4 Bath to accommodate one level living. Upstairs, the generous primary suite offers a private retreat with a walk-in closet and full en-suite bath. Two additional well-sized bedrooms and another full bathroom provide plenty of room for family and guests. A third-level walk-up attic offers incredible potential for future expansion, additional living space, or excellent storage. The lower level features a two-car garage and a spacious basement ready to accommodate your needs. With plumbing already stubbed for a future bathroom and full-size windows allowing ample natural light, this area presents outstanding finishing possibilities. Located just minutes from the heart of Alton Bay, you'll enjoy easy access to local favorites including ice cream shops, restaurants, mini golf, and fresh seafood from Pop's Clam Shell. Bring a chair and take in the area's popular summertime outdoor entertainment. Boating, fishing, and swimming are just moments away, while hiking, skiing, shopping, and countless recreational opportunities are all within easy reach.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$739,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $591,920 | $591,920 | $591,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $391 | $391 | $391 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,545 | $3,737 | $4,915 |
| Total Monthly Payment | $4,028 | $4,220 | $5,398 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.