$1,650,000
$145K PRICE DROP

2 Wallace St Kennebunk, ME 04043

Estimated payment $9,152/month

Total Views 20,409
3 Beds
2 Baths
1,372 Sq Ft
$1,203 Price per Sq Ft

Highlights

  • Nearby Water Access
  • Scenic Views
  • Deck
  • Public Beach
  • Cape Cod Architecture
  • Wood Flooring

About This Home

Located in the heart of Kennebunk's coveted Lower Village, 2 Wallace Street perfectly captures the essence of coastal living with timeless charm, modern elegance, and an unbeatable location just a short stroll to Dock Square and Kennebunk Beach. From the moment you arrive, the beautifully landscaped gardens, newly installed paver driveway, and welcoming front walkway hint at the care and craftsmanship found within.Step onto the inviting covered front porch and into a home where warm wood floors and thoughtful design create an effortless flow. The cozy living room, complete with custom built-ins and a wood-burning fireplace, offers a perfect place to unwind. At the heart of the home is a stunning cook's kitchen featuring a center island with a wood top, marble countertops, and top-of-the-line appliances including a Viking propane stove with hood, beverage drawer, and freezer drawer. French doors open to a tiered deck, ideal for seamless indoor-outdoor living.A formal dining room with rich wood floors leads to a sun-drenched three-season sunroom — the perfect spot for morning coffee or a quiet evening retreat. A stylish bath rounds out the first floor.Upstairs, you'll find three beautifully appointed bedrooms and a luxurious full bath adorned with Carrara marble tile, a tiled walk-in shower, and a soaking tub. Every inch of this home has been professionally decorated to strike a perfect balance between sophistication and comfort. Modern updates, including a new propane heating system, central air conditioning, and an irrigation system, ensure easy, year-round living.Outside, a charming custom garden shed complements the meticulously maintained grounds, adding both functionality and beauty.With elegant finishes, a prime walkable location, and a rental history, 2 Wallace Street offers not only an exceptional coastal lifestyle but also an outstanding investment opportunity in one of Kennebunk's most sought-after neighborhoods.

Listing Agent

Rebecca Bassett

Portside Real Estate Group Listed on: 02/21/2025

Co-Listing Agent

Grainne Archer

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,739

Year Built

  • Built in 1899

Lot Details

  • 7,841 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Irrigation
  • Property is zoned VR

Parking

  • On-Site Parking

Home Design

  • Cape Cod Architecture
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,372 Sq Ft Home
  • Built-In Features
  • Coffered Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Location

  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number KENB-000088-000000-000061

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,739

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3189
  • Co List Office Phone: 207-204-0465
  • MLS Status: Active
  • Directions: Beach Ave to Wallace Street, second home on right
  • Above Grade Finished Sq Ft: 1372.0
  • Architectural Style: Cape Cod, Shingle, Cottage
  • Garage Yn: No
  • Year Built: 1899
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1372.0
  • 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: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Security System: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Style:Cottage: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Room Features:Built-Ins30: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:Shingle Style: Yes
  • Sewer:Quasi-Public: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Amenities:Irrigation System: Yes
  • Kitchen Countertop:Marble: Yes
  • Room Features:Coffered Ceiling29: Yes
  • Living Room Amenities:Coffered Ceiling5: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Electric Range, Dryer
  • Other Equipment: Internet Access Available
  • Has Basement: Crawl Space, Sump Pump, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Bathtub, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Well Landscaped, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Irrigation System
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Zoned, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public, Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: KENB-000088-000000-000061
  • Zoning: VR

Tax Info

  • Tax Annual Amount: 4739.0
  • Tax Book Number: 19439
  • Tax Lot: 61
  • Tax Map Number: 88
  • Tax Year: 2024

Map

Range of Values:

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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 $4,739 $279,600 $120,100 $159,500
2023 $4,488 $279,600 $120,100 $159,500
2022 $4,082 $279,600 $120,100 $159,500
2021 $3,984 $279,600 $120,100 $159,500
2020 $3,849 $272,000 $120,100 $151,900
2019 $3,740 $272,000 $120,100 $151,900
2018 $3,570 $204,000 $90,100 $113,900
2017 $3,376 $204,000 $90,100 $113,900
2016 $3,244 $204,000 $90,100 $113,900
2015 $3,121 $204,000 $90,100 $113,900
2014 $3,040 $204,000 $90,100 $113,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $1,750,000 -2.5% $1,276 / Sq Ft
02/21/2025 02/21/25 For Sale $1,795,000 -- $1,308 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

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Source: Maine Listings

MLS Number: 1614720

Maine Listings

APN: KENB-000088-000000-000061