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| Up North Realty Maine

20 Nautical Lane, Wells, ME 04090

$1,199,000
Property Type: Multi-Family Baths: 4 Square Footage: 1,920 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $1,199,000 List Date: 8/14/2026 Last Modified: 9/28/2026

Overview

Description

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.

Listing Details MLS# 1676234

Location Information

Street #
20
Street Name
Nautical
Street Type
Lane
County
York
Town
Wells
State/Province
ME
Zip Code
04090
Zip +4
4336
Leased Land
No
Book
17441
Page
739-all
Map
125
Lot
23
Zoning
BB
Zoning Overlay
Yes
Neighborhood Association
Wells Beach
Association
No
Full Tax Amount $
6152
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
1295000

Property Information

Surveyed
Yes
Seasonal
No
Deed/Conveyance Type Offered
Trustee
Deed
All
2 Detached Houses on 1 Lot
No
Number of Units
4
Total Baths
4
Total Full Baths
4
Color
Gray
Year Built
1985
SqFt Finished Above Grade
1920
SqFt Finished Total
1920
SqFt Source
Public Records
Furniture
Furnished
Garage
No
Lot Size Acres +/-
0.18
Source of Acreage
Public Records
Road Frontage
No

Water Info

Waterfront
No
Water View
No

Building Info

# Stories
Yes
# Floors
Yes
# Heating Units
4
# Water Heaters
4

Units

# of 2 BD Units
4

More Information

Unit 1

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes

Utilities

Utilities On
No

Property Features

Site: Level; Open Location: Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Near Town Roads: Dead End; Private Road Transportation: Major Road Access Recreational Water: Nearby; Oceanfront; Public View: Scenic Style: Raised Ranch Structure Type: Duplex Levels: One Construction: Wood Frame Basement: Full; Unfinished; Walk-Out Access Basement Entry: Exterior Only Foundation Materials: Poured Concrete Exterior: Wood Siding Roof: Shingle Heat System: Baseboard; Zoned Water Heater: Electric Cooling: None Floors: Laminate Window Features: Double Pane Windows Amenities: Laundry - 1st Floor Patio and Porch Features: Deck Equipment: Cable Driveway: Gravel Parking: 11 - 20 Spaces; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
IDX
Listing Office: Anne Erwin Sotheby's International Realty
Last Updated: September - 28 - 2026
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.