In this paper, a novel liquid level sensor with ultra-high sensitivity is proposed. The proposed sensor is configured by a slice-shaped composite long period fiber grating (SSC-LPFG). The SSC-LPFG is prepared by polishing two opposite sides of a composite multimode–single-mode–multimode fiber structure using a CO2 laser. The method improves the sensitivity of the sensor to external environment. Based on the simulation calculation, a liquid level sensor with a length of 3 mm is designed. The experimental transmission spectrum agrees well with the simulation result. The experimental results show that the sensitivity reaches 7080 pm/mm in the liquid level range of 0–1400 μm in water. The temperature sensitivity is 24.52 pm/°C in the range of 20°C–90°C. Due to the ultra-high sensitivity, good linearity, and compact structure, the SSC-LPFG has potential application in the field of high-precision liquid level measurement.