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Pending
  • $1,500,000

    279 Merchants Row, Lebanon, ME 04027

    3beds
    1,984sqft
    : 
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    Single Family Residence
    Built in ----
    38.34 Acres Lot
    $1,500,000 Zestimate®
    $756/sqft
    $-- HOA

    What's special

    Private pondMultiple fenced pasturesRound penApple orchardTwo greenhousesCharming front porchBeautiful woodwork
    Welcome to Belgian Meadows, a truly one-of-a-kind retreat in Lebanon, Maine. At the heart of it all is a beautifully preserved 18th century antique farmhouse with warm, character-filled living space. The main floor features an updated eat-in kitchen, living room, a den, a full bathroom, and a separate soaking room with a stunning claw foot tub. Upstairs, you'll find three bedrooms and a half bath. History oozes throughout, with wide pine flooring, exposed beams, and beautiful woodwork. Right outside, you'll find a charming front porch, a generously sized back deck, a sauna, a hot tub, and a heated 3-bay garage, completing the picture of a home that's as comfortable as it is full of character. For the horse lover, the setup is exceptional: a 7-stall horse barn with ample hay storage, 3 run-in sheds, multiple fenced pastures, a 90'x150' riding arena, and a round pen. A working sawmill, two greenhouses, an apple orchard, a private pond, and a sugar shack add layers of functionality that serious homesteaders will appreciate. Two studio-style cabins and a breathtaking hand-built treehouse with a loft bedroom, crafted by the owner himself, add versatility to this incredible property and could serve as guest accommodations, active rental income, or the foundation of a larger investment strategy. With 38+ acres and subdivision potential, the possibilities here are genuinely wide open. Whether you're an equestrian, a homesteader, or simply looking for something truly extraordinary, Belgian Meadows is unlike anything else on the market. Schedule your private tour today!
    31 days
    |
    1,284
    |
    48
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    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Coastal and Lakes & Mountains Realty

    Source: Maine Listings,MLS#: 1661665MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Den
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Forced Air, Pellet Stove, Wood Stove
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
      Features
      • Bathtub, Shower
      • Flooring: Bamboo, Carpet, Wood, Slate
      • Basement: Interior Entry,Dirt Floor,Unfinished
      • Number of fireplaces: 4
      Interior area
      • Total structure area: 1,984
      • Total interior livable area: 1,984 sqft
      • Finished area above ground: 1,984
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Other, 11 - 20 Spaces, Off Street
      • Garage spaces: 3
      Features
      • Levels: Multi/Split
      • Patio & porch: Deck, Porch
      • Has spa: Yes
      • Has view: Yes
      • View description: Fields, Trees/Woods
      Lot
      • Size: 38.34 Acres
      • Features: Agricultural, Corner Lot, Farm, Level, Open Lot, Pasture
      Details
      • Additional structures: Outbuilding, Shed(s), Barn(s)
      • Parcel number: LBNNMR11L080
      • Zoning: Rural Residential
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod,Farmhouse
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Shingle Siding, Vinyl Siding, Wood Siding
      • Foundation: Stone
      • Roof: Metal,Shingle

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Lebanon

      Financial & listing details

      • Price per square foot: $756/sqft
      • Tax assessed value: $496,758
      • Annual tax amount: $5,609
      • Date on market: 5/11/2026
      • Road surface type: Paved

        Estimated market value

        $1,500,000

        $1.43M - $1.57M

        $3,510/mo

        Price history

        DateEventPrice
        5/20/2026Pending sale$1,500,000$756/sqft
        Source: Maine Listings #1661665 Report a problem
        5/11/2026Listed for sale$1,500,000$756/sqft
        Source: Maine Listings #1661665 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,719 +3.3%$496,758 +0%
        2023$4,568 +44.7%$496,563 +141.5%
        2022$3,156 +1.5%$205,602 -0.1%
        2021$3,109 $205,909
        2020$3,109 -3.7%$205,909 -0.3%
        2019$3,227 +3.8%$206,575 +1.3%
        2017$3,108 $203,940
        2016$3,108 +0.3%$203,940 +0.3%
        2015$3,099 +3.7%$203,325 +1.4%
        2014$2,989 +2.9%$200,594 +0.1%
        2013$2,906 +6.9%$200,407 +0.1%
        2012$2,719 +1.4%$200,210 -3.9%
        2011$2,682 +0.4%$208,240 +1.3%
        2009$2,672 $205,510

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 04027

          Getting around

          0 / 100
          Car-Dependent
          21 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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