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8 Beds
4 Baths
1,920 sqft

$1,199,000

20 Nautical Lane, Wells ME, 04090

Price per sqft$624.48
Built in1985
Property size1,920 sqft
Property typeMulti-family

Overview

Active

Listed Aug 6, 2026

Updated 2 days ago

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.

$7,977/mo

Est. mortgage payment based on a $1,199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1676234
Available since
August 6, 2026

Interior Features

Bedrooms
8
Bathrooms
4
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$6,152
Tax Frequency
Annually

 Courtesy of Anne Erwin Sotheby's International Realty | Anne Erwin Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 7:24 AM UTC, 10/10/2026

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