Waterfront Opportunity with Multiple Structures & Shared-Living Potential Under 600K
Set directly at the water's edge on .78 acres, this rare Limerick property offers multiple structures that create flexibility for multigenerational living, shared ownership, or investment use—making waterfront property more attainable through shared contribution.
The main home features four bedrooms and two baths, including a lower-level in-law or guest suite, allowing for separate living areas while remaining under one roof. The home does require updates, but the layout, size, and setting provide a strong foundation for value-driven improvements.
At the shoreline sits a 20' x 60' front building—an exceptional feature with strong potential. This structure requires vision, but its waterfront placement makes it ideal for future guest space, studio use, or a shared gathering area, subject to plans and approvals. A two-car garage with a workspace adds valuable storage and functional space for hobbies, tools, or project use.
Whether you are a family seeking multigenerational living, a group pooling resources to access waterfront property, or an investor looking for a value-add opportunity, this property delivers location, flexibility, and long-term upside that are increasingly difficult to find at the water's edge.
Bring vision, collaboration, and creativity—this is a waterfront property designed to work for many paths forward.
Active
Price cut: $10.1K (12/18)
$594,900
24 Emery Corner Road, Limerick, ME 04048
4beds
2,914sqft
Est.:
Single Family Residence
Built in 1927
0.78 Acres Lot
$588,600 Zestimate®
$204/sqft
$-- HOA
What's special
Two bathsWaterfront placementFour bedrooms
- 51 days |
- 3,315 |
- 148 |
Zillow last checked: 8 hours ago
Listing updated: January 21, 2026 at 08:53am
Listed by:
Coldwell Banker Team Real Estate
Source: Maine Listings,MLS#: 1644939
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bedroom 5
- Level: Second
Bonus room
- Level: Basement
Den
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Laundry
- Level: Basement
Living room
- Level: First
Heating
- Heat Pump, Radiator, Pellet Stove
Cooling
- Heat Pump
Features
- Flooring: Laminate, Vinyl, Wood
- Basement: Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,914
- Total interior livable area: 2,914 sqft
- Finished area above ground: 2,914
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Patio & porch: Patio, Porch
- On waterfront: Yes
- Body of water: Sokokis Lake
- Frontage length: Waterfrontage: 360,Waterfrontage Owned: 360
Lot
- Size: 0.78 Acres
Details
- Additional structures: Outbuilding
- Parcel number: LIMEM23L28
- Zoning: S
Construction
Type & style
- Home type: SingleFamily
- Architectural style: New Englander
- Property subtype: Single Family Residence
Materials
- Roof: Metal,Shingle
Condition
- Year built: 1927
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Public
Community & HOA
Location
- Region: Limerick
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $790,008
- Annual tax amount: $7,505
- Date on market: 12/4/2025
Estimated market value
$588,600
$559,000 - $618,000
$2,959/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Price change | $594,900-1.7%$204/sqft |
Source: | ||
| 12/4/2025 | Listed for sale | $605,000-3.8%$208/sqft |
Source: | ||
| 11/17/2025 | Listing removed | $629,000$216/sqft |
Source: | ||
| 9/15/2025 | Price change | $629,000-1.6%$216/sqft |
Source: | ||
| 8/8/2025 | Price change | $639,000-7.3%$219/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,505 +10.2% | $790,008 +76.4% |
| 2023 | $6,808 +7% | $447,870 |
| 2022 | $6,360 +6.9% | $447,870 +25% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,464/mo
Principal & interest
$2825
Property taxes
$431
Home insurance
$208
Climate risks
Neighborhood: 04048
Nearby schools
GreatSchools rating
- 5/10Line Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 6/10Massabesic Middle SchoolGrades: 6-8Distance: 9.3 mi
- 4/10Massabesic High SchoolGrades: 9-12Distance: 11.7 mi





