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  • $674,000

    197 Old Country Way, Limerick, ME 04048

    4beds
    2,160sqft
    Single Family Residence
    Built in 1985
    2.39 Acres Lot
    $674,000 Zestimate®
    $312/sqft
    $3,034 Estimated rent

    Home value

    $674,000

    $634,000 - $714,000

    $3,034/mo

    Zestimate® history
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    What's special

    Wood stovePrivate beachLouver-covered expansive deckHeat pump
    'Motivated Sellers' A true nature lover's paradise nestled on a very private 2.39 acres with 800' of owned waterfront that is navigable right up to the dock. Situated on Lake Arrowhead, one of Southern Maine's most sought-after areas. Part of the Lake Arrowhead Association Community, this property is like a nature sanctuary and your surroundings can be appreciated from every room in the house. The property has many special features and all native, low maintenance plants and vegetation that attract many species of wildlife. You will feel as if you are in a National Park as you wander through the 500 ft meandering boardwalk through the woods and along the water's edge, with strategic locations along the way to sit and enjoy the natural views. The unique curved dock sits at the mouth of the private cove and is a generous size to hold chairs and a pontoon boat. The architecture of this meticulously maintained 4-bedroom, 2 bath, 1512 sqft, Rustic Contemporary home was designed for energy efficiency. South facing specialized solar windows and 2 story solarium help to heat the house in the winter along with the wood stove and heat pump. An air handler circulates the air through the house from the walkout/daylight basement to the 2nd floor. A central AC provides additional cooling.. The large, approximately 1400 sqft daylight basement & workshop offers a room to grow your living space if needed, or just use it for storage or hobbies. The large metal carport shelters two cars plus a built-in wood storage area that can house enough wood for two winters. The house offers a versatile floor plan that allows for one level living if required. Enjoy your favorite drink from the louver-covered expansive deck or take a swim from your own private beach. This is move-in ready, and all about efficiency, low maintenance, and easy living. Don't let this one get away!

    Zillow last checked:

    Listing updated:

    Listed by:

    Redfin Corporation

    Bought with:

    Legacy Properties Sotheby's International Realty

    Source: Maine Listings,MLS#: 1660445MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Second
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: Second
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Features: Heat Stove
    • Level: First
    Sunroom
    • Level: First
    Sunroom
    • Features: Skylight
    • Level: Second
    Heating
    • Baseboard, Heat Pump, Other, Wood Stove
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
    • Flooring: Carpet, Tile, Wood
    • Basement: Walk-Out Access,Daylight,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 2,160 sqft
    • Finished area above ground: 2,160
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces, On Site, Off Street, Carport
    • Has carport: Yes
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Scenic, Trees/Woods
    • Body of water: Lake Arrowhead
    • Frontage length: Waterfrontage: 800,Waterfrontage Owned: 800
    Lot
    • Size: 2.39 Acres
    • Features: Irrigation System, Near Shopping, Neighborhood, Rural, Cul-De-Sac
    Details
    • Additional structures: Shed(s)
    • Parcel number: LIMEM43L32
    • Zoning: shoreland
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Metal,Shingle
    Condition
    • Year built: 1985

    Utilities & green energy

    • Electric: Circuit Breakers, Generator Hookup
    • Sewer: Private Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Ceiling Fans, Water Heater, HVAC

    Community & HOA

    Community
    • Features: Clubhouse
    • Subdivision: Lake Arrowhead
    HOA
    • Has HOA: Yes
    • HOA fee: $1,333 annually
    Location
    • Region: Limerick

    Financial & listing details

    • Price per square foot: $312/sqft
    • Tax assessed value: $579,543
    • Annual tax amount: $5,506
    • Date on market: 5/4/2026
    • Road surface type: Gravel, Dirt

    Price history

    DateEventPrice
    7/31/2026Sold$674,000-6.9%$312/sqft
    Source: Maine Listings #1660445 Report a problem
    7/8/2026Pending sale$724,000$335/sqft
    Source: Maine Listings #1660445 Report a problem
    7/6/2026Price change$724,000-3.3%$335/sqft
    Source: Maine Listings #1660445 Report a problem
    6/26/2026Price change$749,000-6.3%$347/sqft
    Source: Maine Listings #1660445 Report a problem
    6/18/2026Price change$799,000-6%$370/sqft
    Source: Maine Listings #1660445 Report a problem
    6/6/2026Price change$850,000-5.5%$394/sqft
    Source: Maine Listings #1660445 Report a problem
    5/4/2026Listed for sale$899,000$416/sqft
    Source: Maine Listings #1660445 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,506 +28.6%$579,543 +105.8%
    2023$4,280 +7.1%$281,566
    2022$3,998 +6.9%$281,566 +25%
    2021$3,739 $225,253
    2020$3,739 +5.4%$225,253
    2019$3,548 -2.5%$225,253
    2018$3,638 +2.8%$225,253 +0.3%
    2017$3,538 +4.6%$224,629
    2016$3,381 +3.1%$224,629
    2015$3,280 +3.2%$224,629
    2014$3,179 -2.2%$224,629 -16.6%
    2013$3,252 +2.3%$269,389
    2012$3,179 +1.7%$269,389
    2011$3,125 $269,389 +5.1%
    2009-- $256,390
    2008$2,666 $256,390
    Find assessor info on the county website

    Neighborhood: 04048

    Nearby schools

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    $687,480