Lot 1 & 12 Wallace Street Kennebunk, ME
$2,350,000
Beds 3
Baths 3
Square Footage 1,874
Acres 2.25
Description
Opportunities like this are exceptionally rare. Situated at the end of a quiet public road in coveted Lower Village Kennebunk, this offering includes a beautifully crafted custom home and a separately deeded parcel, creating more than 2 private acres with direct tidal marsh frontage--all just a short walk to Dock Square, Gooch's Beach, and the Kennebunk River.
The property stretches to the edge of the tidal marsh, where protected views, abundant wildlife, and changing tides create an extraordinary coastal setting. Launch a kayak at high tide, enjoy peaceful mornings overlooking the marsh, or simply appreciate the privacy that is nearly impossible to find this close to town.
What truly sets this property apart is its exceptional flexibility. Preserve the second parcel as a permanent privacy buffer, create a multigenerational family estate, build a future residence, or explore the potential for 2 homes and 2 accessory dwelling units (ADUs), offering remarkable possibilities for extended family, guests, or future investment.
Property Highlights
Potential for 2 Homes & 2 ADUs
Over 2 Acres on Two Deeded Parcels
Direct Tidal Marsh Frontage
Beautiful Custom-Built Home
Exceptional Privacy
Walk to Dock Square & Gooch's Beach
Soils Test & Septic Design Completed
Town Sewer Available
Listed by Portside Real Estate Group, Gwen Genest 207-204-0465
Details
MLS 1669079
Status Active Under Contract
Price $2,350,000
DOM 44 days
Type Single Family
Beds 3
Baths 3 full baths
Square Feet 1,874 sqft
Garage Spaces 2
Lot Size 2.25 acres
Year Built 2018
Taxes Paid $19,060
Lot & Building Features
Amenities 1st Floor Bedroom, Bathtub, Hot Tub, Main Level, Pantry, Primary Bedroom w/Bath
Cooling Heat Pump
Heating Electric, Propane, Heat Pump, Radiant
Parking Description Other, 5 - 10 Spaces
Tax Year 2026
Taxes Paid $19,060
Water Public
Water Heater Electric, On Demand, Tankless
Room Details
Basement Description Not Applicable, None, Slab
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

