$1,295,000

20 Nautical Ln Wells, ME 04090

Wells Area

Estimated payment $7,630/month

Total Views 129
-- Bed
4 Baths
1,920 Sq Ft
$674 Price per Sq Ft

Highlights

  • Ocean Front
  • Property is near a beach
  • Deck
  • Country Club
  • Scenic Views
  • Raised Ranch Architecture

About This Home

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.

Listing Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 08/14/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,152

Year Built

  • Built in 1985

Lot Details

  • 7,841 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1,920 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring
  • Scenic Vista Views
  • Laundry on main level

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Property is near a beach
  • Deck

Location

  • Property is near golf course and shops
  • Near Waterfront

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Wells Beach Subdivision

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,152

Year Built

Built in 1985

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.18
  • Road Frontage Type: Private Road
  • MLS Status: Active
  • Subdivision Name: Wells Beach
  • Above Grade Finished Sq Ft: 1920.00
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1985
  • Attribution Contact: 207-363-6640
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Other Equipment: Cable
  • Has Basement: Exterior Entry, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Laminate
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Level, Open Lot
  • View: Scenic
  • Waterfront Features: Nearby, Oceanfront, Public
  • Waterfront: No
  • Construction Type: Wood Frame, Wood Siding
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, 11 - 20 Spaces, On Site

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.80
  • Zoning: BB

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6152.00
  • Tax Lot: 23
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,550 $859,080 $579,150 $279,930
2024 $5,223 $859,080 $579,150 $279,930
2023 $5,120 $859,080 $579,150 $279,930
2022 $5,532 $528,880 $377,620 $151,260
2021 $5,564 $528,880 $377,620 $151,260
2020 $5,304 $506,130 $377,620 $128,510
2019 $5,107 $490,070 $377,620 $112,450
2018 $4,460 $441,440 $377,620 $63,820
2017 $4,485 $441,440 $377,620 $63,820
2016 $4,413 $438,680 $377,620 $61,060
2015 $4,364 $438,580 $377,620 $60,960
2013 $4,000 $438,580 $377,620 $60,960
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2026 08/14/26 For Sale $1,295,000 +145.5% $674 / Sq Ft
03/23/2017 03/23/17 Sold $527,600 -8.2% $275 / Sq Ft View Prior Sale
02/27/2017 02/27/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $575,000 -- $299 / Sq Ft
Source: Maine Listings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $484,000 Stand Alone Refi Refinance Of Original Loan
Closed $484,350 Purchase Money Mortgage
Previous Owner $100,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1676234

Maine Listings

APN: WLLS-000122-000000-000073

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