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Two-Building Duplex Property
New
For Sale
$1,295,000

20 Nautical Lane, Wells, ME 04090

MULTI_FAMILY - Ranch - Wells, ME

Property Size1,920 SF
Lot Size0.18 Acres
Price / SF$674.48
Days on Market2

Property Features for 20 Nautical Lane

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning BB
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Basement, Bathroom 4, Bathroom 1
Patio and Porch features Deck
Basement Unfinished, Full, Walk-Out Access
Lot features Near Country Club, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town
Standard status Active
Size 1,920 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6152

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Zoned, Baseboard
Water source Public
Water front features Ocean Front
Water front 1

Amenities

ample parking
full basement
laundry facilities
private decks

Building Details

Year built 1985
Floors in Building 1
Number of units 4
Flooring type Laminate
Building materials Wood Frame, Wood Siding
Roof type Shingle
Architectural style Ranch
Listing Agency: Anne Erwin Sotheby's International Realty
Listed By: Anne Erwin Real Estate
Added: Aug 14 Last Checked: Aug 15 at 9:06PM
MLS# 1676234

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This oceanfront duplex property includes two separate buildings with two units in each building. Across 1,920 square feet, the four units offer two bedrooms, vaulted living areas, open kitchens, full bathrooms, and private decks. The ranch-style buildings were constructed in 1985 and are being offered fully furnished and as-is.

The property occupies 0.18 acres at 20 Nautical Lane in Wells, Maine, with Wells Beach nearby. Improvements include ample parking, a full basement, laundry facilities, laminate flooring, shingle roofing, wood-frame construction, and wood siding. Heating is provided by zoned electric baseboard systems, with public water and public sewer serving the property.

Key Highlights

  • Oceanfront property at 20 Nautical Lane in Wells, ME 04090
  • Two buildings with two units in each building
  • Four units totaling 1,920 square feet on 0.18 acres

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Kitchen & Bath Showroom Cafe & Coffee Shop Barber Shop Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 04090, ME

11,314
Population
9,590
Households
1.2
Avg Household Size
53
Median Age
38%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
196
Density / Sq Mi
$83,900
Median Household Income
$47,928
Median Earnings
$1,313
Median Rent
$445,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Oceanfront residential property with furnished units, private decks, parking, and public water and sewer service.
Where is this duplex located?
The property is located at 20 Nautical Lane Wells, ME.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Oceanfront property at 20 Nautical Lane in Wells, ME 04090; Two buildings with two units in each building; Four units totaling 1,920 square feet on 0.18 acres
More about this property
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