$200,000
SOLD MAY 9, 2025

1072 Post Rd Unit 234 Wells, ME 04090

1 Bed
1 Bath
520 Sq Ft
$397/mo HOA Fee

Recently Sold

$385 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Water Views
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • Property is near public transit

About This Home

As of May 2025

Welcome to your perfect coastal getaway! This beautifully updated second-floor, year-round condo at the desirable Nautical Mile Resort offers the ideal blend of comfort, convenience, and investment potential. Featuring 1 bedroom and 1 full bath, the unit boasts vaulted ceilings, an updated kitchen with crisp white cabinetry, stylish glass tile backsplash, and stunning quartz countertops in both the kitchen and bath. The four season porch expands your living space and even offers ocean views, a rare perk among resort units.

Enjoy top-notch resort amenities including a heated in-ground pool, hot tub, tennis courts, basketball, on-site laundry, electric vehicle charging station and a community grilling/picnic area—perfect for low-key dinners after a day at the beach. Owners are also allowed to have their pets stay with them.

This fully furnished condo is move-in ready, making it an excellent turnkey investment opportunity for those looking to explore short-term rentals. The on-site office handles guest services and management needs, making ownership a breeze.

Located just one mile from Wells Beach and a short drive to Drakes Island, Kennebunkport, and Ogunquit, this location offers easy access to everything Southern Maine has to offer. Plus, you can walk to some of the areas best restaurants. Conveniently located just off the highway, you can easily enjoy quick weekend escapes or steady rental demand.

Please note: The 28-day rule applies—this cannot be used as a primary residence, and individual stays must be less than 28 consecutive days.

Don't miss your chance to own a slice of the Maine coast in one of the area's most convenient and charming resort communities!

Join me at the public open house on Saturday 11-1

Last Agent to Sell the Property

Karen Rice

Abigail Douris Real EstateLLC Listed on: 04/23/2025

Last Buyer's Agent

Susan Gately

Real Broker

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $829

Year Built

  • Built in 1988

Lot Details

  • Public Beach
  • Landscaped
  • Open Lot

HOA Fees

  • $397 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Rowhouse Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 520 Sq Ft Home
  • Living Room
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Parking

  • Electric Vehicle Home Charger
  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 234 / 005
  • Assessor Parcel Number WLLS-000123-000005-000000-A000000-234

Community Details

Overview

  • 76 Units
  • Nautical Mile Resort Condominium Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry

Recreation

  • Country Club
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$829

Year Built

Built in 1988

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Water Body Name: Webhanet and Atlantic
  • MLS Status: Closed
  • Subdivision Name: Nautical Mile Resort Condominium
  • Directions: Route one beside Congdons
  • Above Grade Finished Sq Ft: 520.0
  • Architectural Style: Row-Inside
  • Garage Yn: No
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 520.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 397.24
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 76
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Kitchen Countertop:Quartz: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Condominium:Rental Terms: allowed
  • Condominium:VA Certification: No
  • Amenities:Laundry - Coin: Yes
  • Amenities:Tennis Court: Yes
  • Parking:Electric Vehicle Charging Station(s): Yes
  • Style:Row-Inside: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Bathtub, Shower
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Well Landscaped, Open, Level, Right of Way, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Slab
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, On Site, Paved, Electric Vehicle Charging Station(s)

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Fire System
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 397.24
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: WLLS-000123-000005-000000-A000000-234
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 76

Tax Info

  • Tax Annual Amount: 829.25
  • Tax Block: 005
  • Tax Lot: 234
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
May 9, 2025
Sold by
Miller Sara J and Holmsten Meaghan
Bought by
Mccarthy Paul and Mccarthy Lisa
Seller's Agent
Karen Rice
Abigail Douris Real EstateLLC
Buyer's Agent
Susan Gately
Real Broker
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Views
172
Current Estimated Value
$196,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,593
Avg. Annual Appreciation
-3.78%

Purchase Details

Closed on
Jul 31, 2020
Sold by
Sewade Stephanie M and Sewade Vernon L
Bought by
Holmsten Meaghan and Miller Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 None Available
Warranty Deed $200,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $200,000 +5.3% $385 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $189,900 -- $365 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $829 $136,390 $56,960 $79,430
2023 $777 $130,290 $50,860 $79,430
2022 $569 $54,420 $21,960 $32,460
2021 $572 $54,420 $21,960 $32,460
2020 $570 $54,420 $21,960 $32,460
2019 $567 $54,420 $21,960 $32,460
2018 $552 $54,420 $21,960 $32,460
2017 $553 $54,420 $21,960 $32,460
2016 $547 $54,420 $21,960 $32,460
2015 $541 $54,420 $21,960 $32,460
2013 $496 $54,420 $21,960 $32,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1620068

Maine Listings

APN: WLLS-000123-000005-000000-A000000-234