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Listed by: Anne Erwin Real Estate | Anne Erwin Sothebys International Rlty (207) 363-6640
$1,199,000
Monthly Est:$5,968
-- Bed
-- Bath
1,920sqft
20 Nautical Ln, Wells, ME 04090
$1,199,000
$5,968/moEst:
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Multi Family
Built in 1985
$-- HOA
7,841 sqft lot
$624/sq.ft
Description
Strong investment opportunity just steps from sandy Wells Beach. The property features two buildings, each with two units. All four units include two bedrooms, spacious living rooms with vaulted ceilings, open kitchens, full bathrooms, and private decks. Additional amenities include ample parking, a full basement, laundry facilities, and fully furnished. The Town tax card lists the property as a Residential Family duplex with two buildings, while the Town CEO considers it a 4-unit motel. The property is sold as-is. Buyers should verify all zoning and permitted uses with the Town of Wells. This desirable beach property offers significant investment potential.
- Houzeo last checked: 57 minutes ago
- Listing updated: September 21, 2026 at 6:40 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5105072
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1985
HOA Fees
-
Finished Area
1,920 sqft
Lot Size
7,841 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5105072
MLS Status
(10) Active - Active
Days on Market
75
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
None
Appliances
Owned Water Heater
Exterior Features
Deck, Double Pane Window(s)
Heating
Baseboard, Electric
Sewer
Public
Flooring
Laminate
Construction
Year Built
Year Built: 1985
Home type
Multi Family
Property Condition
Existing
Architectural Style
Raised Ranch
Foundation Details
Poured Concrete
Roof
Shingle
Construction Materials
Wood Frame
Utilities & Energy
Electric
Circuit Breakers
Basement
Full, Unfinished
Water Source
Public
Utilities
Cable Available
Other Features
Lot Features
Near Country Club, Near Golf Course, Near Shopping
Price History
| Date | Event | Price |
|---|---|---|
09/20/2026 Source: | Listed for Sale | $1,199,000 +127.26% $624/sqft |
03/23/2017 Source: | Sold | $527,600 $275/sqft |
Find Homes by Property Features in Wells, ME
Based on information from PrimeMLS Inc. through Oct 29, 2026, 02:16PM. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 29, 2026, 02:16PM. © 2026 PrimeMLS, Inc. All Rights Reserved.
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