Listed by REAL Broker NH, LLC · Stephanie Wildoner · Cell: 603-452-8437

1 / 17

Single Family Residence · Madison, NH

ActiveFor Sale

21 Island Drive, Madison, NH

$294,900

Est. $1,491/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)

Beds
2
Baths
1
Sq Ft
600
Built
1960
MLS®
#5105503

Property Description

Here's your chance at a Madison single-family home: 21 Island Drive, priced at $294,900. Expect 2 bedrooms, 1 bathroom and 600 square feet of living space. Homes like this trade on the fundamentals: space, privacy and a New Hampshire address that works year-round. Also on the sheet: a 0.25-acre lot, 1960 construction and roughly $492 per square foot. Scroll on for current photos, the complete spec sheet and this Madison listing's market context.

Just across the street from the neighborhood beach on beautiful Pea Porridge Pond in Eidelweiss Village, this well-cared-for year-round cottage is the perfect place to enjoy lake life in every season. The open kitchen, dining, and living area leads to a spacious screened porch, an ideal spot for morning coffee, summer dinners, or relaxing after a day on the water. The cottage also offers a full bathroom with a tub and comfortable space for family and guests. Its smaller footprint is easy to maintain, while the open layout and screened porch provide plenty of room to gather. Enjoy swimming and relaxing at the beach just steps from your door, with North Conway, the White Mountains, skiing, hiking, shopping, and restaurants all within an easy drive. This home offers a wonderful opportunity to enjoy the Mount Washington Valley. The home currently operates as a short-term rental, offering buyers the option to continue using it as an income-producing property or make it their own weekend getaway or year-round home.

Location Highlights

21 Island Drive is a single family residence in Madison, New Hampshire, listed at $294,900. That works out to about $492 per square foot, for a home built in 1960. It has been on the market for 3 months.

From here it is 21 miles to Waterville Valley Resort and 26.9 miles to Loon Mountain Resort. At this latitude, Madison averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Zoned schools: Madison Elementary School (Elementary), A. Crosby Kennett Middle Sch (Middle), A.CrosbyKe (High). Always confirm zoning with the district office.

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes

Bedrooms
2
Total Baths
1
Full Baths
1
SqFt
600
Price / SqFt
$491.50
Property Type
Single Family Residence
Year Built
1960
County
NH-Carroll
Town
Madison, NH
Status
Active
Days on Market
63

Primary Features

County
NH-Carroll
Property Type
Residential
Year Built
1960
Zoning
Residential

Interior Features

Appliances
Microwave, Refrigerator, Electric Stove
Basement
No
1/4 Baths
0
3/4 Baths
0
Cooling
Wall Unit(s)
Electric
100 Amp Service, Circuit Breakers
Flooring
Vinyl
Heating
Propane
Interior Features
Cathedral Ceiling(s), Kitchen/Dining, Kitchen/Living, Living/Dining, Natural Woodwork, Vaulted Ceiling(s)
Rooms - Total
5
SqFt-Approximate Finished Above Grade
600
SqFt-Approximate Finished Below Grade
0
SqFt Approximate Total Finished
600
SqFt Approximate Total
1,200

Location Information

School - District
Madison
School - Elementary
Madison Elementary School
School - High
A.CrosbyKe
School - Middle/Jr
A. Crosby Kennett Middle Sch

Financial Details

Tax - Gross Amount
$1,673
Tax Year
2026
Taxes TBD
No

Additional

Construction Status
Existing
Construction
Vertical Siding
Covenants
No
Flood Zone
No
Pre-Construction
No
Property Sub Type
Single Family Residence
Seasonal
No
Total Stories
One
Surveyed
No
Timeshare/Fractional Ownership
No
Water Access Details
Beach Access, Indirect, Not Adjoining, Right of Way, Shared-Private

External Features

Color
Blue
Driveway
Gravel
Exterior Features
Screened Porch
Foundation
Post/Piers
Garage
No
Lot Features
Level, Wooded, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails
Lot - Acres
0.25
Lot - SqFt
10,890
Road Frontage Type
Dead End, Dirt
Road Frontage
Yes
Road Frontage Length
106
Roof
Asphalt Shingle
Sewer
Concrete, Private
Utilities
Cable at Site
Water Source
Drilled Well
Water Body Type
Pond

MLS®: PrimeMLS #5105503; Listed by REAL Broker NH, LLC · Stephanie Wildoner · Cell: 603-452-8437

Property History

Estimated annual taxes for this property

2024
$5,013
2023
$4,888
2022
$4,762

Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.

Market Data

Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town

Active listings in Madison
33
Average list price
$578,008
Price range
$34,900 – $1,795,000

Mortgage Calculator

Estimate your monthly payment for this home

Loan Term

Estimated Monthly Payment

$1,976/ mo

Principal & Interest
$1,491
Property Tax
$418
Home Insurance
$67

Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.

Around This Property

Schools, everyday places and nearby destinations near 21 Island Drive, Madison, NH

Assigned Schools

Elementary
Madison Elementary School
Middle
A. Crosby Kennett Middle Sch
High School
A.CrosbyKe
District
Madison

Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

Questions About This Listing

How much does 21 Island Drive cost?

21 Island Drive in Madison, NH is listed for $294,900 on PrimeMLS.

That is about $492 per square foot of finished living space.

It came on the market on August 18, 2026.

How many bedrooms and bathrooms does 21 Island Drive have?

21 Island Drive in Madison, NH has 2 bedrooms and 1 bathroom in 600 square feet of finished living space.

What heating and cooling does 21 Island Drive have?

21 Island Drive in Madison, NH is heated by propane, per the MLS.

Cooling: wall unit(s).

What are the water and sewer systems at 21 Island Drive?

21 Island Drive in Madison, NH has a private drilled well and a private septic system, per the MLS.

MLS details — water: drilled well; sewer: concrete and private.

Electric: 100 amp service and circuit breakers.

Other utilities: cable at site.

Plan a water test and septic inspection during your inspection period.

Does 21 Island Drive have a basement?

No. The MLS lists no basement at 21 Island Drive in Madison, NH.

What are the key features of 21 Island Drive?

Inside, the MLS lists these features at 21 Island Drive in Madison, NH: cathedral ceiling(s), kitchen/dining, kitchen/living, living/dining, natural woodwork and vaulted ceiling(s).

Outside: screened porch.

Flooring: vinyl.

Listed appliances: microwave, refrigerator and electric stove; confirm which ones convey in the purchase agreement.

What parking does 21 Island Drive have?

The MLS lists no garage at 21 Island Drive in Madison, NH; parking is off a gravel driveway.

Is 21 Island Drive a waterfront property?

The MLS does not list 21 Island Drive in Madison, NH as waterfront, but it notes water access on a pond.

Water access: beach access, indirect, not adjoining, right of way and shared-private.

Confirm frontage, shoreland rules and any dock or beach rights during due diligence.

What school district is 21 Island Drive in?

The MLS places 21 Island Drive in Madison, NH in the Madison school district.

Listed schools: Madison Elementary School (elementary), A. Crosby Kennett Middle Sch (middle) and A.CrosbyKe (high).

School assignments can change; confirm with the district.

Is 21 Island Drive still for sale?

Yes. 21 Island Drive in Madison, NH is listed as Active on PrimeMLS (MLS #5105503).

Status can change quickly; contact us to confirm availability before you visit.

Which brokerage has 21 Island Drive listed?

21 Island Drive in Madison, NH is listed by Stephanie Wildoner of REAL Broker NH, LLC (855-450-0442).

Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.

What type of home is 21 Island Drive?

21 Island Drive in Madison, NH is a single-family home built in 1960.

The MLS lists its style as Bungalow, Chalet, Cottage/Camp, with one story.

What town is 21 Island Drive in?

21 Island Drive is in Madison, New Hampshire 03849, in Carroll County.

Location notes from the MLS: near paths, near shopping, near skiing and near snowmobile trails.

What is the lot size of 21 Island Drive?

21 Island Drive in Madison, NH sits on 0.25 acres, per the MLS.

The lot is described as level and wooded.

It has 106 feet of road frontage (dead end and dirt).

Zoning: Residential.

The MLS lists it as outside a flood zone.

What are the annual property taxes for 21 Island Drive?

Annual property taxes on 21 Island Drive in Madison, NH are $1,673 for the 2026 tax year, per the MLS.

New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Madison assessing office.

How does the price of 21 Island Drive compare with other Madison listings?

At $294,900, 21 Island Drive in Madison, NH is priced below the $499,000 median asking price of the 17 single-family homes for sale in Madison on PrimeMLS as of November 3, 2026 (this listing included).

That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.

How can I see 21 Island Drive in person?

To see 21 Island Drive in Madison, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.

We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.

Similar Listings in Madison

PrimeMLS

NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

This listing data is intended 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 11/03/26.