131 Atlantic Avenue, Wells, ME 04090

$1,850,000
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

Status Change Info

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

Water Info

Waterfront
Yes
Waterfront Amount
46
Water Frontage Owned
46
Water View
Yes
Water Body Name
Atlantic

More Information

Sold Info

Appraiser Email Address
jennahock@gmail.com

Bedroom 1

Bedroom 1
Yes
Bedroom 1 Level
Second

Bedroom 2

Bedroom 2
Yes
Bedroom 2 Level
Second

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

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
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.