Lot 1 & 12 Wallace Street Kennebunk, ME

$2,350,000
Beds 3
Baths 3
Square Footage 1,874
Acres 2.25
Photo of Lot 1 & 12 Wallace Street Kennebunk ME 04043




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

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Financing

$
20%
1%
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.


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