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20 Nautical Lane Wells, ME $ 1,295,000
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20 Nautical Lane
$ 1,295,000
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20 Nautical Lane

Wells, ME, 04090
$ 1,295,000
Bedrooms8 Baths4.0 Sq 1,920

Monthly Estimate*

$ 8,177

Listed by Anne Erwin Real Estate, Anne Erwin Sothebys International Rlty, 207-363-6640, realestate@anneerwin.com
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Multi-Family Home for sale in Wells, ME

for $1,295,000 with 8 bedrooms and 4 full baths. This 1,920 square foot home was built in 1985 on a lot size of 0.18.

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.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Raised Ranch

Lot Size

0.18

Year Built

1985

Town/City

Wells

County/Region

York

MLS | Web ID

5105072
Features
Interior
Basement Description Full Unfinished
Basement Yes
Flooring Laminate
Total Number of Units 4
Unit 4 Bedrooms 2
Total Full Baths 4
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General
Road Frontage Yes
Sewer Public
Heating Baseboard Electric
Cooling None
Utilities Cable Available
Roof Shingle
Appliances Owned Water Heater
Garage No
Flood Zone No
Zoning BB
Year Built 1985
Electric Circuit Breaker(s)
Style Raised Ranch
Stories Count 1
Block 0
Property Condition Existing
Tax Year 2025
Status Detail 0
Covenants Unknown
Construction Materials Wood Frame
Directions From Route One Wells take Mile Road towards Wells Beach. Left on Atlantic and 2nd left on Studley Street. Nautical Lane is on right. Last set of buildings on left. Please no drive-bys.
City Wells
Seasonal No
DOM 0
Price Per Sq Ft Total AG 674.48
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Exterior
Lot Features Near Country Club Near Golf Course Near Shopping
Exterior Amenities Deck Double Pane Window(s)
Driveway Gravel
Lot Size Area 0.18
Water Source Public
Foundation Poured Concrete
Lot 23
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* Excluded Features
List By
Anne Erwin Real Estate

Listing Agent

Anne Erwin Sothebys International Rlty

Broker

(207) 363-6640

Phone

realestate@anneerwin.com

Email

Affordability Calculator

$8,177
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,177
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/14/2026$1,295,000 Listed Price

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20 Nautical Lane, Wells, ME, 04090 is a Multi-Family Home for sale at $1,295,000 with 1,920 sqft and a lot size of 0.18. 20 Nautical Lane has 8 bedrooms, 4.0 baths, and was built in 1985. The property's zip code is 04090 which is in Wells, ME

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