$665,000
SOLD AUG 8, 2025

5 Old Country Way Limerick, ME 04048

3 Beds
2.5 Baths
2,704 Sq Ft
3 Acres

Recently Sold

$246 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Public Beach
  • 3 Acre Lot
  • 999 Feet of Waterfront
  • View of Trees or Woods
  • Cape Cod Architecture

About This Home

As of August 2025

Welcome to 5 Old Country Way in Limerick—a beautifully maintained and updated home offering the perfect blend of comfort, space, and outdoor adventure. Located in the desirable Lake Arrowhead Community, you'll enjoy access to over 9 beaches, two clubhouses (one with indoor and outdoor pools and a fitness center), incredible fishing, and year-round recreation. Little Ossipee and Sebago Lakes are also nearby.

Inside, this spacious home features a large primary suite on the main level with a walk-in closet and private bath, offering the ease of single-level living. The kitchen includes a pantry and flows into the dining and living areas, ideal for entertaining. A second dining room provides flexibility as a home office or playroom. A second living room, two upstairs bedrooms, and a full bath offer plenty of space for guests, family, or hobbies.

The current owners expanded the lot to a private 3-acre setting, complete with over 10 raised garden beds—perfect for growing your own vegetables or flowers. Enjoy the peaceful outdoors from the screened-in porch.

If you need garage or workshop space, this home delivers. The attached 28'x36' three-bay garage includes two bays with 9'x12' doors and 10' ceilings, plus a third 16'x16' bay with a 6'x9' door—great for storage, lawn equipment, or recreational toys. There's also an oversized detached garage and a 30'x35' metal outbuilding on a slab with a 12'x12' door and 13' ceilings. The basement, previously used as a high-end workshop, includes oversized electrical service for serious projects.

With its private setting, versatile layout, and access to one of Southern Maine's best lake communities, 5 Old Country Way is ready to welcome you home!

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 07/17/2025

Keller Williams Realty

Co-Listed By

Alexander Wiss

Keller Williams Realty

Last Buyer's Agent

Ryan FitzGerald

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,701

Year Built

  • Built in 1991

Lot Details

  • 3 Acre Lot
  • 999 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Fenced
  • Landscaped
  • Corner Lot
  • Wooded Lot
  • Property is zoned LA

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,704 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Views of Woods

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Soaking Tub in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Deck
  • Outbuilding

Farming

  • Crops

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 360
  • Assessor Parcel Number LIME-000042-000000-000360

Community Details

Overview

  • Lake Arrowhead Community Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,701

Year Built

Built in 1991

Lot Details

0

HOA Fees

$91 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Dirt, Paved
  • Water Body Name: Lake Arrowhead
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead Community
  • Above Grade Finished Sq Ft: 2704.0
  • Architectural Style: Cape Cod, Contemporary
  • Garage Yn: Yes
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 249.63
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2704.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 91.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 4.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Soaking Tub17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 999.0
  • Water Info:Water Frontage Shared -: 999.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Room Features:Built-Ins30: Yes
  • Site:Harvestable Crops: Yes
  • Roof:Fiberglass: Yes
  • Recreational Water:Beach Rights: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Welcome to 5 Old Country Way in Limerick—a beautifully maintained and updated home offering the perfect blend of comfort, space, and outdoor adventure. Located in the desirable Lake Arrowhead Community, you'll enjoy access to over 9 beaches, two clubhouses (one with indoor and outdoor pools and a fitness center), incredible fishing, and year-round recreation. Little Ossipee and Sebago Lakes are also nearby. Inside, this spacious home features a large primary suite on the main level with a walk-in closet and private bath, offering the ease of single-level living. The kitchen includes a pantry and flows into the dining and living areas, ideal for entertaining. A second dining room provides flexibility as a home office or playroom. A second living room, two upstairs bedrooms, and a full bath offer plenty of space for guests, family, or hobbies. The current owners expanded the lot to a private 3-acre setting, complete with over 10 raised garden beds—perfect for growing your own vegetables or flowers. Enjoy the peaceful outdoors from the screened-in porch. If you need garage or workshop space, this home delivers. The attached 28'x36' three-bay garage includes two bays with 9'x12' doors and 10' ceilings, plus a third 16'x16' bay with a 6'x9' door—great for storage, lawn equipment, or recreational toys. There's also an oversized detached garage and a 30'x35' metal outbuilding on a slab with a 12'x12' door and 13' ceilings. The basement, previously used as a high-end workshop, includes oversized electrical service for serious projects. With its private setting, versatile layout, and access to one of Southern Maine's best lake communities, 5 Old Country Way is ready to welcome you home. For more info or to schedule a showing call The Mateja Group 207.553.2605 & visit JeffSellsMaine.com
  • Roads:Dirt: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Interior, Walk-Out Access, Finished, Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Other, Pantry, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Well Landscaped, Harvestable Crops, Corner Lot, Wooded, Near Public Beach, Neighborhood, Rural
  • View: Trees/Woods
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Screened
  • Roof: Fiberglass, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Zoned, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: LIME-000042-000000-000360
  • Zoning: LA

Tax Info

  • Tax Annual Amount: 5701.17
  • Tax Lot: 360
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2025
Closed on
Aug 8, 2025
Sold by
Lemaire Marc G and Lemaire Bonnie L
Bought by
Morse Kyle R and Fields Stephanie L
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Ryan FitzGerald
Legacy Properties Sotheby's International Realty
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%
Views
24
Current Estimated Value
$662,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,318
Avg. Annual Appreciation
-1.16%

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 12, 2022
Sold by
Heath Gilbert E and Heath Catherine A
Bought by
Lamaire Marc G and Lemaire Bonnie L
Seller's Agent
Greg Robert
Coldwell Banker Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$549,000
Sold Price
$605,000
Premium/Discount to List
$56,000
10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$570,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $665,000 --
Warranty Deed $665,000 --
Warranty Deed $665,000 --
Warranty Deed $605,000 None Available
Warranty Deed $605,000 None Available
Warranty Deed $605,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $570,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Sold $665,000 -1.5% $246 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $675,000 +11.6% $250 / Sq Ft
07/12/2022 07/12/22 Sold $605,000 +10.2% $224 / Sq Ft View Prior Sale
05/30/2022 05/30/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $549,000 -- $203 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,701 $600,123 $102,100 $498,023
2024 $5,701 $600,123 $102,100 $498,023
2023 $5,303 $348,853 $45,000 $303,853
2022 $4,954 $348,852 $45,000 $303,852
2021 $4,196 $252,765 $36,000 $216,765
2020 $4,145 $252,765 $36,000 $216,765
2019 $3,981 $252,765 $36,000 $216,765
2018 $4,082 $252,765 $36,000 $216,765
2017 $3,981 $252,765 $36,000 $216,765
2016 $3,804 $252,765 $36,000 $216,765
2015 $3,690 $252,765 $36,000 $216,765
2014 $3,577 $252,765 $36,000 $216,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1630890

Maine Listings

APN: LIME-000042-000000-000360