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Listed by Anne Erwin Real Estate with Anne Erwin Sothebys International Rlty Call/text 207-200-4282? for more info
8 Beds
4 Baths
1,920 sqft

$1,199,000

20 Nautical Lane, Wells ME, 04090

Price per sqft$624.48
Built in1985
Property size1,920 sqft
Property typeMulti-family

Overview

Active

Listed Aug 14, 2026

Updated 2 weeks ago

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.

$7,977/mo

Est. mortgage payment based on a $1,199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5105072

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$6,152
Tax Frequency
Annually
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Listed by Anne Erwin Real Estate with Anne Erwin Sothebys International Rlty Call/text 207-200-4282? for more info

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