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!
Closed
$780,000
53 Loon Cove, Palermo, ME 04354
3beds
1,775sqft
Single Family Residence
Built in 1960
0.35 Acres Lot
$780,400 Zestimate®
$439/sqft
$1,891 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 09, 2025 at 06:53am
Listed by:
Brookewood Realty
Bought with:
Brookewood Realty
Source: Maine Listings,MLS#: 1628919

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Features: Cathedral Ceiling(s), Closet
- Level: First
Bedroom 2
- Features: Cathedral Ceiling(s)
- Level: First
Bedroom 3
- Features: Above Garage, Closet
- Level: First
Bonus room
- Level: First
Family room
- Level: First
Kitchen
- Features: Cathedral Ceiling(s)
- Level: First
Living room
- Features: Cathedral Ceiling(s), Heat Stove
- Level: First
Loft
- Features: Ladder, Sleeping
- Level: Second
Sunroom
- Features: Four-Season
- Level: First
Heating
- Other, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
- Laundry: Laundry - 1st Floor, Main Level
Features
- 1st Floor Bedroom, One-Floor Living, Shower
- Flooring: Tile, Carpet
- Basement: Dirt Floor,Crawl Space,Exterior Only
- Has fireplace: No
Interior area
- Total structure area: 1,775
- Total interior livable area: 1,775 sqft
- Finished area above ground: 1,775
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Heated, 5 - 10 Spaces, Gravel, On Site, Off Street
- Attached garage spaces: 1
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Sheepscot
- Frontage length: Waterfrontage: 75,Waterfrontage Owned: 75
Lot
- Size: 0.35 Acres
- Features: Well Landscaped, Open Lot, Level, Rural
Details
- Additional structures: Shed(s)
- Parcel number: PALEMD2L42
- Zoning: Shoreland
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal,Shingle
Condition
- Year built: 1960
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank, Private Sewer, Septic Design Available
- Water: Well, Private
Community & neighborhood
Location
- Region: Palermo
Other
Other facts
- Road surface type: Gravel