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    Wells, ME
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    Wells, ME Waterfront Land for Sale

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    Kennebunk, ME Ogunquit, ME Sanford, ME Kennebunkport, ME Arundel, ME North Berwick, ME York, ME Lyman, ME
    Triplex with River Frontage
    Updated: Jul 11
    Triplex with River Frontage

    1597 Sanford Road, Wells, ME 04090

    $679,000
    3,769 sqft 1.99 AC lot
    Three homes on one lot with Merriland River frontage, including a single‑wide currently rented, a 4‑bedroom double‑wide, and a 2‑bedroom home
    4‑bedroom double‑wide will be completely renovated by closing, and the 2‑bedroom home is ready for finishing touches
    Deck and connected garage add outdoor space and extra storage for the river‑front property
    Ranch‑style, one‑floor living with 1st floor primary bedroom with bath and a 1st floor bedroom
    Utilities include well water with private source and private septic tank/sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    1597 Sanford Road, Wells, ME 04090

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $58K
      Annual

    • Mortgage

      $380K
      Nov 2024

    • Last Sold

      Nov 2024
      $225K

    • Property Type

      Single Family Residence
      Built 1972
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    Waterfront Development Land
    Updated: Oct 8, 2025
    Waterfront Development Land

    1-6 Pike Rd Wells, Wells, ME 04090

    $750,000
    865,537 sqft
    6 surveyed lots on Pike Road in Wells, Maine, each deeded separately
    1,300+/- ft of frontage on the Merriland River across the lots
    Existing woods road provides access to all lots
    Lot sizes: 4.67 acres (Lot 1), 3.7 acres (Lot 2), 3.17 acres (Lot 3)
    Lot sizes: 2.54 acres (Lot 4), 2.53 acres (Lot 5), 2.36 acres (Lot 6)
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wells, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Maine Waterfront Estate with Multiple Homes
    Maine Waterfront Estate with Multiple Homes

    475-477 South Street, Biddeford, ME 04005

    $1,995,000
    3,554 sqft 20.00 AC lot

    Waterfront estate with a Maine farmhouse plus separate cottage and in-law apartment, extensive outbuildings, and pond-brook frontage.

    View details
    Waterfront Estate with Multiple Homes
    Waterfront Estate with Multiple Homes

    475-477 South Street, Biddeford, ME 04005

    $1,995,000
    3,554 sqft 20.00 AC lot

    A private waterfront estate with a Maine farmhouse, additional cottage and in-law apartment, and extensive storage outbuildings.

    View details
    Riverfront Pasture Land
    Riverfront Pasture Land

    Morrills Mill Road lot: 8, North Berwick, ME 03906

    $650,000
    37.74 AC lot

    Rolling fields and open pasture with over 1,700 feet of Great Works River frontage, plus road frontage on two roads.

    View details
    Waterfront Land with River Frontage
    Waterfront Land with River Frontage

    Map 9 Lot 2 Beech Ridge Rd, North Berwick, ME 03906

    $589,900

    Expansive waterfront land with 1,050 feet of Little River frontage.

    View details

    Wells, ME Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Wells, ME on our real estate platform. These investment opportunities span a total of 869,306 square feet of properties for sale, with an estimated market value of $1,429,000.

    Sale prices for water rights properties in Wells, ME start at $679,000, averaging $714,500, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 9
    Commercial land 5
    Waterfront Land 2
    Industrial land 1
    Recreation land 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +12.8%
    Median Household Income $83,900
    College Educated 51.1%

    Taxes & Financing

    Tax Rate (average for all types) 0.60%
    Property Tax per SF $15.70 per SF
    Tax Rate vs County Average 0.59 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in York County

    New Delisted

    Total CRE Inventory on Market (SF)

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