186 Leeman Arm E, Palermo, ME 04354
Property image
Property image
OFF MARKET

186 Leeman Arm E
Palermo, ME 04354

  • 4 Beds
  • 2 Baths
  • 2,475 sqft (on 0.98 acres)

$812,100

Trulia Estimate
as of Aug 1, 2026

$812,100

Trulia Estimate
as of Aug 1, 2026
4 Beds
2 Baths
2,475 sqft
(on 0.98 acres)

Local Information

  • Map ViewExplore the area around 186 Leeman Arm E.
  • Schools1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1991
Lot Size
0.98 acres
Living Area
2,475 sqft
Price/Sqft
$328
Parking
1 Car Garage
HOA
$25/Monthly
Last check for updates: about 21 hours ago
Listed by Keller Williams Realty
Bought with: Signature Homes Real Estate Group, LLC
Source: Maine Listings, MLS#1588631

About this House

Welcome to 186 Leeman Arm E on the shores of beautiful Sheepscot Pond. Just 25 minutes off the highway in Augusta, this stunning Lindal Cedar Home is the perfect weekend getaway or year round oasis. Step through the front door and you are greeted by the expansive open concept floor plan, flooded with light and water views floor to ceiling and wall to wall. Your eyes are drawn up toward the vaulted red cedar plank ceilings which perfectly frame your landscape view of the water. Exquisite craftsmanship and attention to detail can be found throughout this immaculate home from the broad stone fireplace to the exposed wood beams. Step out onto the massive, new deck to soak in the sun or step into your screened in porch for fresh air, bug free! Down below, you'll find more floor to ceiling, wall to wall water views from the expansive living space with another stone fireplace and drybar. Your guests will enjoy walkout access below, out to the fenced in yard and steps to the dock. Single garage bay built in below to keep your car from the elements, large outbuilding to store your lake toys, and flat level blacktop out back for open boat storage, additional parking or activities. On Demand whole house generator so you never have to lose your creature comforts when weather hits. All of this and much much more rolled into one incredible property. You have to see this one in person, come sample life on the lake for yourself!
Property is being sold fully furnished.
186 Leeman Arm E, Palermo, ME 04354 is a 4 bedroom, 2 bathroom, 2,475 sqft single-family home built in 1991. It last sold for $732,000 on Jun 3, 2024 (8% above the $675,000 asking price). It is currently off market. The Trulia Estimate is $812,100, with a rent estimate of $2,300/month.

Home Details for 186 Leeman Arm E

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Entry,FinishedNumber of Rooms: 9Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Living Room, Mud Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2475 Square Feet
Appliances & Utilities
Appliances: Cooktop, Dishwasher, Dryer, Electric Range, Refrigerator, WasherDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Heat Pump,Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 2Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Composition, Laminate, Vinyl
Levels, Entrance, & Accessibility
Floors: Carpet, Composition, Laminate, Vinyl
View
Has a ViewView: Scenic
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckOther Structures: OutbuildingNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Gravel,1 - 4 Spaces
Frontage
WaterfrontRoad Surface Type: Gravel, DirtOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Sheepscot Pond
Farm & Range
Frontage Length: Waterfrontage: 100, Waterfrontage Owned: 100
Finished Area
Finished Area (above surface): 1475 Square FeetFinished Area (below surface): 1000 Square Feet

Property Information

Year Built
Year Built: 1991
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Chalet,Contemporary
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $675,000
Status Change & Dates
Off Market Date: Fri May 10 2024

Location

Direction & Address
City: Palermo

Building

Building Area
Building Area: 2475 Square Feet

HOA

Has an HOAHOA Fee: $300/Annually

Lot Information

Lot Area: 0.98 acres

Rental Terms, Policies & Fees

Furnished

Miscellaneous

BasementMls Number: 1588631Above Grade Unfinished Area: 1475

Price History for 186 Leeman Arm E

DatePriceEventSource
06/03/2024$732,000Sold
Maine Listings #1588631
05/11/2024$675,000PendingMaine Listings #1588631
05/07/2024$675,000Listed For SaleMaine Listings #1588631

Market trends in Palermo

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
15
5
MoM
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Comparable Sales for 186 Leeman Arm E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.62
Single-Family Home
$425,271
06/26/26
3
2
1,880
0.93
Single-Family Home
$340,000
10/31/25
3
1
1,350
1.91
Single-Family Home
$399,000
01/08/26
3
2
1,560
1.91
Single-Family Home
$410,000
06/30/26
3
2.5
1,696
1.86
Single-Family Home
$433,400
05/18/26
4
2
2,055
2.00
Single-Family Home
$355,000
06/26/26
3
2.5
2,240
1.18
Single-Family Home
$270,000
10/17/25
2
1
1,008
1.96
Single-Family Home
$419,900
08/22/25
3
2.5
2,240

Nearby homes

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Assigned Schools

These are the assigned schools for 186 Leeman Arm E.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palermo

At least 3 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 90 % Say neighbors are friendly

  • 80 % Say they plan to stay for at least 5 years

  • 75 % Say there's holiday spirit

  • 75 % Say people would walk alone at night

  • 67 % Say it's dog friendly

  • 67 % Say kids play outside

  • 60 % Say yards are well-kept

  • 50 % Say there are community events

  • 50 % Say it's quiet

  • 25 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Ambergebers
    "I’ve lived in this area for a year, I don’t know any of my neighbors. They all keep to themselves and haven’t welcomed us to the community since we are “outsiders”."
  • Jb4ever9102
    "I've lived in this town for 10 years, it's a nice town, friendly people ect. School system is pretty good, since it's small kids get more of a one on one with teachers. Overall nice quiet town "
  • Lynn r.
    "This is a very friendly area. Great area for boating and fishing, minutes from 3 lakes and a state park. 5 minute drive to nearest grocery store. A couple excellent restaurants in the area. Only 20 miles to the ocean! "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 186 Leeman Arm E

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Off Market Homes Near 186 Leeman Arm E

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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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