53 Loon Cove
Palermo, ME 04354
Map
- 3 beds
- 2 baths
- 1,775 sqft
- 15,246 sqft lot
- $472 per sqft
- 1960 build
- – on site
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!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jul 2, 2025
•
MLS# 1628919 —
The Building
-
Year Built:1960
-
Construction Materials:Vinyl Siding, Wood Frame
-
Roof:Metal, Shingle
-
Basement:Dirt Floor, Crawl Space, Exterior Only
-
Direction Faces:None
-
Building Features:None
-
Patio And Porch Features:Deck
-
Building Area Total:1775.0
-
Building Area Source:Seller
Interior
-
Rooms Total:9
-
Kitchen:true
-
Fireplace:false
-
Fireplace Features:None
-
Flooring:Tile, Carpet
Room Dimensions
-
Living Area:None
Financial & Terms
-
Land Lease:false
-
Rent Includes:None
Location
-
Directions:None
The Property
-
Lot Features:Well Landscaped, Open, Level, Rural
-
Lot Size:15,246 Sqft
-
Lot Size Area:0.35
-
Lot Size Acres:0.35
-
Lot Size Units:Acres
-
Lot Size Source:Public Records
-
Lot Size Dimensions:None
-
Zoning:Shoreland
-
Property Attached:No
-
View:Scenic
-
Current Use:None
-
Possible Use:None
-
Topography:None
-
Waterfront:true
-
Road Surface Type:Gravel
-
Road Frontage Type:Private Road
Listing Agent
- Contact info:
- Agent phone:
- (207) 462-5545
- Office phone:
- (207) 620-8212
Taxes
-
Tax Year:2024
-
Tax Annual Amount:$3,150
Beds
-
Bedrooms Total:3
Baths
-
Full Baths:1
-
Three Quarter Baths:None
-
Half Baths:1
-
Partial Baths:None
-
Quarter Baths:None
The Listing
-
Virtual Tour URL Branded:None
-
Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/mreis/1628919
Heating & Cooling
-
Heating:Other, Heat Pump
-
Heating:true
-
Cooling:true
-
Cooling:Heat Pump
Utilities
-
Electric:Circuit Breakers
-
Sewer:Septic Tank, Private Sewer, Septic Design Available
-
Water Source:Well, Private
Appliances
-
Appliances:Washer, Refrigerator, Electric Range, Dryer, Dishwasher
Schools
-
Elementary School:None
-
Middle Or Junior School:None
-
High School:None
The Community
-
Spa Features:None
-
Pool Private:No
-
Water Body Name:Sheepscot
-
Association Amenities:None
-
Association Fee Includes:None
-
Association:false
Parking
-
Garage:true
-
Attached Garage:true
-
Garage Spaces:1.0
-
Carport Spaces:None
-
Parking Features:Heated, 5 - 10 Spaces, Gravel, On Site, Off Street
Extra Units
-
Other Structures:Shed(s)
Monthly cost estimate
Asking price
$839,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,492
|
| Taxes | $262 |
| Insurance | $230 |
| Utilities | $465 See report |
| Total | $5,449/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/1/25
Jul 1, 2025
|
Listed / Active | MREIS | $839,000 | |
|
6/11/19
Jun 11, 2019
|
Sold | MREIS |
