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!
Closed
$665,000
5 Old Country Way, Limerick, ME 04048
3beds
2,704sqft
Single Family Residence
Built in 1991
3 Acres Lot
$671,200 Zestimate®
$246/sqft
$3,302 Estimated rent
Home value
$671,200
$611,000 - $738,000
$3,302/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 11, 2025 at 09:58am
Listed by:
Keller Williams Realty
Bought with:
Legacy Properties Sotheby's International Realty
Source: Maine Listings,MLS#: 1630890
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Built-in Features, Separate Shower, Soaking Tub, Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Closet
- Level: Second
Bedroom 3
- Features: Closet
- Level: Second
Bonus room
- Level: Basement
Dining room
- Level: First
Family room
- Level: First
Kitchen
- Features: Kitchen Island
- Level: First
Living room
- Features: Wood Burning Fireplace
- Level: First
Sunroom
- Features: Three-Season
- Level: First
Heating
- Baseboard, Hot Water, Zoned
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
Features
- 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Storage, Walk-In Closet(s)
- Flooring: Laminate, Tile, Wood
- Basement: Interior Entry,Finished,Full,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,704
- Total interior livable area: 2,704 sqft
- Finished area above ground: 2,704
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Gravel, 5 - 10 Spaces, Detached
- Attached garage spaces: 4
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
- Body of water: Lake Arrowhead
- Frontage length: Waterfrontage: 999,Waterfrontage Shared: 999
Lot
- Size: 3 Acres
- Features: Near Public Beach, Neighborhood, Rural, Corner Lot, Harvestable Crops, Landscaped, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: LIMEM42L360
- Zoning: LA
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Contemporary
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Fiberglass,Pitched,Shingle
Condition
- Year built: 1991
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Other
Community & neighborhood
Community
- Community features: Clubhouse
Location
- Region: Limerick
- Subdivision: Lake Arrowhead Community
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $91 monthly
Other
Other facts
- Road surface type: Gravel, Paved, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $665,000-1.5%$246/sqft |
Source:  Maine Listings #1630890 | ||
| 7/24/2025 | Pending sale | $675,000$250/sqft |
Source: Maine Listings #1630890 | ||
| 7/17/2025 | Listed for sale | $675,000+11.6%$250/sqft |
Source: Maine Listings #1630890 | ||
| 7/12/2022 | Sold | $605,000+10.2%$224/sqft |
Source: Maine Listings #1529388 | ||
| 6/1/2022 | Pending sale | $549,000$203/sqft |
Source: Maine Listings #1529388 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,701 +7.5% | $600,123 +72% |
| 2023 | $5,303 +7% | $348,853 +0% |
| 2022 | $4,954 +18.1% | $348,852 +38% |
Find assessor info on the county website
Neighborhood: 04048
Nearby schools
GreatSchools rating
- 5/10Line Elementary SchoolGrades: PK-5Distance: 5.2 mi
- 6/10Massabesic Middle SchoolGrades: 6-8Distance: 7.1 mi
- 4/10Massabesic High SchoolGrades: 9-12Distance: 9.9 mi
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