342 Bald Head Island E, Palermo, ME 04354
Property image
Property image
FOR SALE
3D VIEW
0.55 ACRES

342 Bald Head Island E
Palermo, ME 04354

  • 3 Beds
  • 1 Bath
  • 1,300 sqft (on 0.55 acres)

$465,000

Original price: $449,900
Est. Mortgage $2,844/mo*

$465,000

Original price: $449,900
Est. Mortgage $2,844/mo*
3 Beds
1 Bath
1,300 sqft
(on 0.55 acres)

Home Highlights

Outdoor
Deck
Climate Control
Heating & Cooling
HOA
$8/Monthly
Price/Sqft
$358
Listed
59 days ago

Local Information

  • Map ViewExplore the area around 342 Bald Head Island E.
  • Schools1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 10 hours ago
Listing courtesy of Keller Williams Realty
Source: Maine Listings, MLS#1667959
Also Listed on Maine Listings.

About this House

Vision This! Relax on your deck and watch the sun come up over the lake and mountains. Listen to the loons and the lapping of the water on the shore. This little piece of heaven is ready for you to move in. Well maintained, fully furnished with kayaks, a dock and boat included! First floor open concept living, full bathroom, bedroom, a beautiful custom stone chimney with gas fireplace insert and a sliding glass door to the waterside deck. The second floor offers 2 bedrooms and laundry. Enjoy your time on the water sitting on your dock with a fishing pole, a good book or binoculars. Take a swim, paddle around in your canoe, go kayaking or boating. Heat Pump for heating and cooling, beautifully landscaped with a nice shed with electric for storage! There's always something to do or there's nothing to do. It's up to you. This is the perfect place to have fun and/or unwind. NEW Septic System!!

Home Details for 342 Bald Head Island E

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 6Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1300 Square Feet
Heating & Cooling
Heating: Heat Pump,OtherHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Laminate, Wood
Levels, Entrance, & Accessibility
Floors: Laminate, Wood

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: DeckNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,1 - 4 Spaces
Frontage
WaterfrontRoad Frontage: Private RoadRoad Surface Type: GravelOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Sheepscot Lake
Farm & Range
Frontage Length: Waterfrontage: 110, Waterfrontage Owned: 110
Finished Area
Finished Area (above surface): 1300 Square Feet

Days on Market

Days on Market: 59

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: A-Frame,Cottage
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $465,000Price Per Sqft: $358

Location

Direction & Address
City: PalermoCommunity: Eastside Road Association

Agent Information

Listing Agent
Listing ID: 1667959

Building

Building Area
Building Area: 1300 Square Feet

HOA

Has an HOAHOA Fee: $100/Annually

Lot Information

Lot Area: 0.55 acres

Miscellaneous

Mls Number: 1667959Above Grade Unfinished Area: 1300

Market trends in Palermo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
17
2
MoM

Price and Tax history

DateEventPrice
Aug 4, 2026
Source: Maine Listings #1667959
PriceChange
$465,000
Price increased by 3%
Jun 23, 2026
Source: Maine Listings #1667959
Pending
$449,900
Jun 18, 2026
Source: Maine Listings #1667959
Listed For Sale
$449,900
Aug 21, 2020
Source: Maine Listings #1460333
Sold
$262,000
Jul 14, 2020
Source: Agent Provided
Pending
$262,000

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Home Value

Trulia Estimate
$464K
Since last month
Increased$12K (+2.6%)
Since last year
Increased$89K (+23.6%)
Since last sale
Increased$202K (+77%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +77% in the last 10 years
MonthEstimated value
2026
August 2026$464K
July 2026$453K
June 2026$452K
May 2026$365K
April 2026$357K
March 2026$360K
February 2026$344K
January 2026$345K
2025
2024
2023
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.72
Single-Family Home
$340,000
10/31/25
3
1
1,350
0.77
Single-Family Home
$425,271
06/26/26
3
2
1,880
1.08
Single-Family Home
$257,750
09/26/25
2
1
724
1.62
Single-Family Home
$250,000
10/28/25
3
1
1,348
1.73
Single-Family Home
$399,000
01/08/26
3
2
1,560
1.66
Single-Family Home
$270,000
10/17/25
2
1
1,008
2.04
Single-Family Home
$330,000
08/22/25
3
1.5
1,560
1.73
Single-Family Home
$410,000
06/30/26
3
2.5
1,696
1.49
Single-Family Home
$115,000
02/12/26
4
1
1,240

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$619,900
3
1.5
1,434
For Sale
0.11
$415,600
3
1
1,274
Off Market
0.16
$360,300
3
1
900
Off Market
0.23
$561,900
2
1
1,664
Off Market
0.27
$424,500
3
2
1,209
Off Market
0.29
$481,100
3
1.5
1,249
Off Market
0.31
$553,800
3
1.5
1,200
Off Market
0.31
$483,100
2
1.5
1,626
Off Market
0.33
$700,400
3
2
1,936
Off Market
0.33
$1,261,700
4
4
4,000
Off Market
0.34
$420,700
2
1
1,000
Off Market

Around this home

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

Frequently asked questions about 342 Bald Head Island E

  • What is the estimated monthly payment for 342 Bald Head Island E?
    Based on a $465,000 list price with 20% down at today's rates, the estimated monthly payment for 342 Bald Head Island E in Palermo, ME is approximately $2,919 (about $2,425 principal & interest, $419 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 342 Bald Head Island E?
    The closest schools to 342 Bald Head Island E in Palermo, ME are Palermo Consolidated School (Elementary/Middle, rated 6/10).
  • What is 342 Bald Head Island E estimated to be worth?
    Trulia's estimated value for 342 Bald Head Island E in Palermo, ME is $463,800.
  • Does 342 Bald Head Island E have air conditioning?
    Yes, 342 Bald Head Island E in Palermo, ME has air conditioning.
  • How big is the lot at 342 Bald Head Island E?
    The lot at 342 Bald Head Island E in Palermo, ME is about 0.55 acres (23,958 sq ft).
  • Does 342 Bald Head Island E have parking?
    Yes, 342 Bald Head Island E in Palermo, ME has on-site parking.
Keller Williams Realty
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.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
342 Bald Head Island E, Palermo, ME 04354 is a 3 bedroom, 1 bathroom, 1,300 sqft single-family home built in 1980. This property is currently available for sale and was listed by Maine Listings on Jun 18, 2026. The MLS # for this home is MLS# 1667959.