$1,995,000
$385K PRICE DROP

12 Wallace St Kennebunk, ME 04043

Estimated payment $11,833/month

Total Views 8,300
3 Beds
3 Baths
1,874 Sq Ft
$1,065 Price per Sq Ft

Highlights

  • Spa
  • Scenic Views
  • Vaulted Ceiling
  • Kennebunk High School Rated 9+
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

Modern Coastal Retreat Near Downtown Kennebunkport & Gooch's Beach Tucked away on one of Kennebunk's most peaceful streets, this custom-built modern coastal sanctuary offers the rare combination of privacy, design, and walkability—just a quarter mile from Dock Square's restaurants, cafés, and boutique shops, and an easy stroll to Gooch's Beach. Crafted with intention and celebrated for its architectural detail, serenity, and effortless flow, this home perfectly balances modern luxury with timeless craftsmanship. The versatile layout includes a private rear suite with kitchenette and separate entrance—ideal for guests, extended family, or a premium short-term rental. Inside, soaring 14-foot ceilings, a dramatic vaulted stairwell, and natural light highlight an open-concept design centered around connection and comfort. The kitchen features Thermador appliances, Cambria quartz countertops, and custom pine finishes, merging sophistication with warmth. Built for low-maintenance living, the home includes radiant floor heating, a 2024 energy-efficient, propane tankless water heater provides endless hot water while minimizing energy consumption., three Daikin mini-splits, and soundproof interior walls for quiet luxury. Smart-home features—Sonos audio, Nest thermostats, and keyless entry—add convenience and peace of mind. Outdoor living is equally refined, with TimberTech decking, stainless cable railings, and a six-person Hot Springs Spa, perfect for unwinding after the beach or entertaining beneath the stars. The detached two-car garage offers ample storage and the potential for a 1,000 sq. ft. apartment above. This is a rare opportunity to own a turnkey, energy-efficient coastal retreat blending design integrity, modern comfort, and proximity to everything Kennebunkport offers—all in one extraordinary address.

Listing Agent

Gwen Genest

Portside Real Estate Group Listed on: 10/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,440

Year Built

  • Built in 2018

Lot Details

  • 0.64 Acre Lot
  • Property is zoned CR

Parking

  • 2 Car Garage

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,874 Sq Ft Home
  • Vaulted Ceiling
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Accessible Home Design

  • Doors are 36 inches wide or more

Outdoor Features

  • Spa
  • Patio

Utilities

  • Cooling Available
  • Heat Pump System
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 06
  • Assessor Parcel Number KENB-000091-000000-000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,440

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • MLS Status: Active
  • Directions: On Port Road in lower village, head straight through the light heading towards Beach Avenue. In .2 miles turn right onto Wallace Street. 12 Wallace street is the last house on the left..1 miles in.
  • Above Grade Finished Sq Ft: 1874.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Year Built: 2018
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 1064.57
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Dining Room:Dining Room: Dining Room
  • Property Information:Short Sale Continue to Show: No
  • Family Room:Family Room: Family Room
  • Property Information:Bank Owned REO: No
  • Laundry Room:Laundry Room: Laundry
  • Loft:Loft: Loft
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Negotiable
  • Private Spa: Yes
  • Accessibility Features: 36+ Inch Doors
  • Has Basement: Not Applicable
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Patio And Porch Features: Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Radiant
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27878.4
  • Parcel #: KENB-000091-000000-000006
  • Zoning: CR

Tax Info

  • Tax Annual Amount: 16440.0
  • Tax Lot: 06

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,741 $456,700 $143,700 $313,000
2023 $7,330 $456,700 $143,700 $313,000
2022 $6,668 $456,700 $143,700 $313,000
2021 $6,152 $456,700 $143,700 $313,000
2020 $6,462 $456,700 $143,700 $313,000
2019 $3,895 $375,400 $143,700 $231,700
2018 $1,656 $94,600 $89,600 $5,000
2017 $1,566 $94,600 $89,600 $5,000
2016 $1,504 $94,600 $89,600 $5,000
2015 $1,447 $94,600 $89,600 $5,000
2014 $1,410 $94,600 $89,600 $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2025 11/28/25 Price Changed $1,995,000 -11.5% $1,065 / Sq Ft
11/02/2025 11/02/25 Price Changed $2,255,000 -5.3% $1,203 / Sq Ft
10/29/2025 10/29/25 For Sale $2,380,000 -- $1,270 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 New Conventional
Source: Public Records

Source: Maine Listings

MLS Number: 1641693

Maine Listings

APN: KENB-000091-000000-000006