131 Atlantic Avenue, Wells, ME 04090

$1,850,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1477031

Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 1,425 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $1,850,000 List Date: 2/27/2021 Last Modified: 9/11/2024

Overview

Description

Desirable beachfront property recently updated and situated directly on sandy Wells Beach. This 3 unit seaside residence is ideally suited for investors, multi-generation families or Buyers looking for a single family residence with separate guest house. Why not live in one and rent the other 2 units! Lots of options here! Offering stunning ocean views from Drakes Island to Kennebunkport from the charming wrap-a-round porch and spacious waterside decks. The main house has been newly updated with a true Coastal Maine feel and consists of one- 3 bedroom unit with living room, kitchen, dining, family room, bath and private deck and one unit - 2 bedroom unit with eat-in kitchen, living room, bath and private deck and porch. The separate guest house has 3 bedrooms, bath, kitchen and living room. Shared laundry room and a newly paved parking lot that provides ample room for guests all summer long! Consistent rental history and prime location an incredible investment opportunity.

Listing Details MLS# 1477031

Property Sub-Type

Property Sub-Type: Single Family Residence

Location Information

Street #: 131
Street Name: Atlantic
Street Type: Avenue
County: York
Town: Wells
State/Province: ME
Zip Code: 04090
Zip +4: 4325
Leased Land: No
Book: 18137
Page: 315
Map: 0125
Lot: 124
Zoning: RB
Zoning Overlay: Yes
Association: No
Full Tax Amount $: 12026
Tax Year: 2019

Contract Information

Original List Price: 1895000

Property Information

Surveyed: No
Seasonal: No
Deed: All
# Rooms: 10
# Bedrooms: 5
Total Full Baths: 2
Total Baths: 2
Color: Gray
Year Built: 1924
SqFt Finished Above Grade: 1425
SqFt Finished Total: 1425
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.11
Source of Acreage: Public Records
Total Half Baths: 0
# Fireplaces: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2021-03-18
Closed Date: 2021-04-13
Closed Price: 1850000

Water Info

Water Frontage: Yes
Waterfront Amount: 46
Water Frontage Owned: 46
Water View: Yes
Water Body Name: Atlantic
Water Frontage Shared: 0

More Information

Sold Info

Appraiser Email Address: jennahock@gmail.com

Site

Level: Yes
Open: Yes

Location

Near Country Club: Yes
Near Golf Course: Yes
Near Public Beach: Yes
Near Shopping: Yes
Near Town: Yes

Roads

Paved: Yes
Public: Yes

Transportation

Major Road Access: Yes

Source of Water Frontage

Deed: Yes

Water Body Type

Ocean: Yes

Recreational Water

Deeded: Yes
Oceanfront: Yes

Construction

Wood Frame: Yes

Structure Type

Duplex: Yes

Basement

Unfinished: Yes

View

Scenic: Yes

Foundation Materials

Other: Yes

Exterior

Shingle Siding: Yes
Wood Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes

Appliances Included

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Heat Fuel

Electric: Yes

Cooling

None: Yes

Floors

Carpet: Yes
Composition: Yes
Vinyl: Yes

Kitchen Countertop

Solid Surface: Yes

Parking

5 - 10 Spaces: Yes
Off Street: Yes

Style

Cottage: Yes
New Englander: Yes
Other: Yes

Electric

Circuit Breakers: Yes

Bedroom 1

Bedroom 1: Yes
Bedroom 1 Level: Second

Gas

No Gas: Yes

Sewer

Public Sewer: Yes

Bedroom 2

Bedroom 2: Yes
Bedroom 2 Level: Second

Water

Public: Yes

Bedroom 3

Bedroom 3: Yes
Bedroom 3 Level: Second

Bedroom 4

Bedroom 4: Yes
Bedroom 4 Level: Second

Bedroom 5

Bedroom 5: Yes
Bedroom 5 Level: Second

Driveway

Paved: Yes

Basement Entry

Exterior Only: Yes

Water Heater

Electric: Yes

Amenities

Laundry - 2nd Floor: Yes
Storage: Yes

Patio and Porch Features

Deck: Yes
Porch: Yes

Family Room

Family Room: Yes
Family Room Level: First

Kitchen

Kitchen: Yes
Kitchen Level: First

Laundry Room

Laundry: Yes
Laundry Room Level: Second

Living Room

Living Room: Yes
Living Room Level: First

Property Features

Site: Level; Open Location: Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Near Town Roads: Paved; Public Transportation: Major Road Access Source of Water Frontage: Deed Water Body Type: Ocean Recreational Water: Deeded; Oceanfront View: Scenic Appliances Included: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Kitchen Countertop: Solid Surface Style: Cottage; New Englander; Other Structure Type: Duplex Construction: Wood Frame Basement: Unfinished Basement Entry: Exterior Only Foundation Materials: Other Roof: Shingle Exterior: Shingle Siding; Wood Siding Heat System: Baseboard Water Heater: Electric Cooling: None Floors: Carpet; Composition; Vinyl Amenities: Laundry - 2nd Floor; Storage Patio and Porch Features: Deck; Porch Driveway: Paved Parking: 5 - 10 Spaces; Off Street Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Room Information

Room Name	Level
Living Room	First
Living Room	First
Kitchen	First
Kitchen	First
Family Room	First
Bedroom 1	Second
Bedroom 2	Second
Bedroom 3	Second
Bedroom 4	Second
Bedroom 5	Second
Laundry	Second

Documents

Property Disclosure Public Access ›

Lead Paint Addendum Public Access ›

IDX

Listing Office: Anne Erwin Sotheby's International Realty

Selling Office: Y-Gull & Associates

Last Updated: September - 11 - 2024

Broker Attribution: 207-363-6640

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.