In this study, the quantum three-body harmonic system with finite rest length R and zero total angular momentum L = 0 is explored. It governs the near-equilibrium S-states eigenfunctions of three identical point particles interacting by means of any pairwise confining potential that entirely depends on the relative distances between particles. At R = 0, the system admits a complete separation of variables in Jacobi-coordinates, it is (maximally) superintegrable and exactly-solvable. The whole spectra of excited states is degenerate, and to analyze it a detailed comparison between two relevant Lie-algebraic representations of the corresponding reduced Hamiltonian is carried out. At R > 0, the problem is not even integrable nor exactly-solvable and the degeneration is partially removed. In this case, no exact solutions of the Schrödinger equation have been found so far whilst its classical counterpart turns out to be a chaotic system. For R > 0, accurate values for the total energy E of the lowest quantum states are obtained using the Lagrange-mesh method. Concrete explicit results with not less than eleven significant digits for the states are presented in the range a.u. In particular, it is shown that (I) the energy curve develops a global minimum as a function of the rest length R, and it tends asymptotically to a finite value at large R, and (II) the degenerate states split into sub-levels. For the ground state, perturbative (small-R) and two-parametric variational results (arbitrary R) are displayed as well. An extension of the model with applications in molecular physics is briefly discussed.
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