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$780,000
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Property Description
Welcome to a truly special lakefront property where every detail has been carefully crafted. Set on 75 feet of frontage on Sheepscot Lake, a true gem of Central Maine, this west-facing haven delivers some of the most unforgettable sunsets you'll ever view. Offering 3 bedrooms, 1.5 bathrooms, & 1775 square feet, this immaculate property includes a main home, newly built bunkhouse (2024), & an absolutely charming guest cottage - each building is in like-new condition & thoughtfully designed for style & comfort. The main house is perched within 30 feet from the water's edge, giving you that rare close-to-the-lake living experience. Inside, you'll find an open concept layout in the living & dining area with a loft above for additional sleeping space. The propane stove in the living room throws serious heat & makes wintertime magical in this part of the home. The kitchen features granite countertops & a delightful dining nook overlooking the water. Step out through the glass sliders onto a spacious deck with stairs leading down toward the lake - plenty of room for outdoor furniture in this area. A fire pit tops it off to give the waterfront space that endless amount of relaxation kind of vibe. The brand new bunkhouse is a showstopper all on its own. The main floor boasts a large family room, a stylish half bathroom, & a laundry area, while modern cable railing & shiplap walls lead you upstairs to a well-designed space that easily sleeps up to eight guests. There's also a heated garage on the lower level. Across the road there is a new 14'x24' shed offering excellent storage. The guest cottage will steal your heart. Finished with tongue & groove pine & complete with its own restroom. Each of the 3 buildings is equipped with heat pumps for year round comfort. Parking areas on both sides of the road. Whether you're looking for a peaceful getaway or a year-round home on a desirable lake, this property delivers the total package. Words can't do it justice, so come see it!
Full Property Details
Full Property Details for 53 Loon Cove
General
- Sold For: $780,000
- Taxes: $3,150 (2024)
- Status: Closed
- Type: Single Family
- Source: MREIS
- MLS ID: 1628919
- Added to Site: 240 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: 1st Floor Bedroom, One-Floor Living, Shower
- Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Heated, 5 - 10 Spaces, Gravel, On-Site Parking, Off Street
Location
- County: Waldo
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Other, Heat Pump
Utilities
- Sewer: Septic Tank, Private Sewer, Septic Design Available
- Water: Well, Private
- Well: Yes
Structural Information
- Architectural Style: Cape Cod, Ranch
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal, Shingle
- Building Size: 1775
- Square Feet: 1,775
- Sq. Ft. Source: Seller
- Living Area: 1,775 Sq. Ft.
- Finished Total: 1,775 Sq. Ft.
- Finished Above Grnd: 1,775 Sq. Ft.
- Year Built: 1960
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Scenic
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size Source: Public Records
- Street/Road Desc.: Private Road, Gravel
- Zoning: Shoreland
- Lot Description: Well Landscaped, Open, Level, Rural
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $3,150
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 42
Listed and Sold by Brookewood Realty (207) 620-8212
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Schools
Schools serving 53 Loon Cove
School District:Regional School Unit 12
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53 Loon Cove
Date
Details
Price
Change
Source
9/05/2025
Sold
$780,000
-1.89%
MLS
7/18/2025
Price Reduced
$795,000
-5.24%
MLS
7/01/2025
Listed
$839,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
53 Loon Cove, Palermo, ME 04354 (MLS# 1628919) is a Single Family property that was sold at $780,000 on September 05, 2025. Want to learn more about 53 Loon Cove? Do you have questions about finding other Single Family real estate for sale in Palermo? You can browse all Palermo real estate or contact a Coldwell Banker agent to request more information.

