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Listing ID: #159039

Property Information

Status: Active
MLS #: New Listing-Insertion in Progress

Transaction Type:
For Sale

Asking Price: $879,000
Property Sign ID: N/A

Address:
53 Loon Cove
Palermo, ME 04354
Waldo County
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Property Details

Style: Cottage, Other
Year Built: 1960

Lot Size: 0.35 Acres

Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 1

Total Rooms: 10
Stories: 2.00
Square Footage: 1,775

Garage Size: 1
Basement Finish: No

# of Fireplaces: 1

Heating Fuel: Electric, Propane

Cooling: Other

Taxes: $3,150

Riparian Amenities: Sheepscot Lake

Flooring: Carpet, Laminate, Other, Tile

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Property #159039 Photo - Flat Fee MLS Listing
Main House
Photos: Main House | Guest House | Dock | Entry Sunroom | Living | Water view from Sofa | Kitchen | Owner's Bedroom | Full Bath | Loft | Guest House | Bunkhouse Family Room | Bunkhouse Bathroom | Bunkhouse Loft | Bunkhouse Bedroom / Office | Shed | Photo 17 | Photo 18 | Bunkhouse / Garage | Aerial View | Aerial View | Main House from Water | Waterview | Waterview | Yard | Bunkhouse Loft | Laundry | Family Entertainment Room | Family Entertainment Room | Bunkhouse Entrance | Bunkhouse | Incinolet Toilet in Guest House | Guest House | Guesthouse Entrance | Guest House | Outdoor Dining Patio | Back Deck / Porch | Outdoor Fireplace | Front Deck and Patio | Bathroom | Owners Bedroom | Kitchen Waterviews | Kitchen | Living Room | Living Room | Loft Ladder | Sunroom | Front Entry Door | Waterviews | Lake views

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Property Description

Welcome to 53 Loon Cove on Sheepscot Lake!
With over 6,000 lakes and ponds in Maine, Sheepscot Lake stands out, ranked in the Top 10 by Down East magazine in 2021. Nestled in the most desirable cove on the lake, this charming lakefront property offers panoramic westerly-facing views and unforgettable sunsets.
This property features 1,775 total sq. Ft. Of living space, 3 Bedrooms (plus lofts with additional beds), 1 1/2 Baths (plus Incinolet in Guest House), 10 rooms total, sleeps up to 14. Beautiful landscapes, well-manicured gardens, outdoor fireplace, plenty of parking. Beautiful water views and stunning sunsets from your living room, kitchen, or master bedroom only 30' from the waters edge.
The main camp features an open-concept kitchen, living, and dining area, a cozy sun porch, master bedroom, and a delightful loft that is perfect for relaxing or hosting guests. Steps away, a separate guest house offering privacy for your guests with a functioning incinerating toilet for added convenience.
A brand-new, two-level bunkhouse faces the main house and comfortably sleeps up to 8 guests. It includes a half bath and is ideal for entertaining or accommodating visiting guests.
Additional highlights and improvements include:
Lifted Main House
All New Structural Supports
Spray Foam Insulation under Main House
New Septic & Leach Field
Drilled Well in 2019
All New Marvin Windows
New Exterior Doors
Updated Carpet
New Siding
New Appliances
Re-built and Insulated Guest House
Brand New Bunkhouse finished in 2025
Heat Pumps Installed throughout
New Jotul Gas Stove installed
A brand-new 14 X 24 shed
One-car garage
New Decks & Outdoor Patio
Outdoor Fireplace
Your own dock and 75 feet of owned private shoreline for boating, swimming, and fishing...plus, easy access to a public boat launch only minutes away. Renowned spring-fed waters with excellent fishing. Don't miss this rare opportunity to own a slice of paradise on one of Maine's best lakes.

Contact Information

Contact Name: Anthony Arsenault
Contact Number: (207) 809-9469
Email Address: Contact Home Owner

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Disclaimer: Some or all of the data contained in this listing has been provided by the seller or lessor as applicable and is believed to be accurate but is not guaranteed. The square footage listed for this property was entered by the owner and has not been verified for accuracy.

Viewed on 07/11/2025