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131 Atlantic Avenue

Wells, ME 04090

5 beds
2 baths
1,425 sqft
4,791 sqft lot
$1,298 per sqft
1924 build
– on site

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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 courtesy of MREIS / Anne Erwin Sotheby's International Realty

Last checked: Checking… • Last updated Sep 11, 2024 •

MLS# 1477031 —

The Building

Year Built:

1924
Construction Materials:

Wood Siding, Shingle Siding, Wood Frame
Roof:

Shingle
Basement:

Exterior Only, Unfinished
Direction Faces:

None
Window Features:

None
Building Features:

None
Patio And Porch Features:

Deck, Porch
Building Area Total:

1425.0
Building Area Source:

Public Records

Interior

Rooms Total:

10
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false
Rent Includes:

None

Location

Directions:

None

The Property

Lot Features:

Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town
Lot Size:

4,791 Sqft
Lot Size Area:

0.11
Lot Size Acres:

0.11
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

RB
Property Attached:

No
View:

Scenic
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

true
Road Surface Type:

Paved
Waterfront Features:

Ocean
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2019
Tax Annual Amount:

$12,026

Beds

Bedrooms Total:

5

Baths

Full Baths:

2
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Water Body Name:

Atlantic
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport Spaces:

None
Parking Features:

5 - 10 Spaces, Paved, Off Street

Explore the Area

My Commute

From

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$410/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price
4/13/21 Apr 13, 2021	Sold	MREIS	$1,850,000
3/18/21 Mar 18, 2021	Sold Subject To Contingencies	PRIME_MLS
3/1/21 Mar 1, 2021	Listed / Active	PRIME_MLS

House Sold on 4/13/2021

$1,850,000

Listing provided by broker:

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty

207-363-6640

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Listing Provided Courtesy of Anne Erwin Sotheby's International Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

131 Atlantic Avenue

Wells, ME 04090