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Lot 1 & 12 Wallace Street , Kennebunk, ME 04043

$2,500,000
  • Lot 1 & 12 Wallace Street , Kennebunk, ME 04043 Main Photo

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New to the Market Active
BEDS3 BATHS3 full SQUARE FEET1,874 MLS#1669079
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLRSU 21

Property Description

Potential for 4 Units - 2 Homes & 2 ADU's!! One Property. Two Deeded Parcels. A Rare Coastal Estate in Lower Village Kennebunk. Some properties are measured by square footage. Others are defined by what can never be recreated. Set in one of Lower Village Kennebunk's most desirable locations, this extraordinary property combines a beautifully crafted custom residence with a separately deeded buildable homesite, creating more than two acres of private coastal land with direct tidal marsh frontage--a combination rarely found this close to Dock Square, the beaches, and the Kennebunk River.The land extends to the edge of the tidal marsh, where sweeping views, abundant wildlife, and the daily rhythm of the tides create an ever-changing natural backdrop. Launch a kayak from your own property at high tide, watch migrating birds throughout the seasons, or simply enjoy the peace and beauty of one of southern Maine's most treasured coastal environments.What makes this property truly exceptional is its flexibility. Preserve the adjoining parcel as a permanent privacy buffer, create a multigenerational family compound, build a future residence, or simply enjoy the rare privilege of owning one of Lower Village's largest private land holdings.Special Features:There is a possibility for 4 UNITS - 2 homes & 2 ADU's -More than 2 Acres -Walk to Town and Beach -Direct Tidal Marsh Frontage -Beautiful Custom Built Home -Exceptional Privacy -Separately Deeded Lots -Efficient Home w/ Radiant

Lot 1 & 12 Wallace Street | MLS# 1669079

This single family home located at Lot 1 & 12 Wallace Street , Kennebunk, ME 04043 is currently listed for sale with an asking price of $2,500,000. This property was built in 2018 and has 3 bedrooms and 3 full baths with 1874 sq. ft. Lot 1 & 12 Wallace Street is located within the RSU 21 school district. Search Kennebunk real estate on ktesseo.spragueandcurtis.com today.

Property Features

Property Type: Residential - Single Family
Basement: Not Applicable, None, Slab
Cooling: Heat Pump
Garage: 2
Heating: Electric, Propane, Heat Pump, Radiant
Home Style: Contemporary
Lot Size: 2.25 Acres
Roof Type: Composition
Taxes: $19,060
Year Built: 2018

Feature Descriptions

Accessibilitiy: 36+ Inch Doors
Amenities: 1st Floor Bedroom, Bathtub, Hot Tub, Laundry - 1st Floor, Pantry, Primary Bedroom w/Bath
Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Electric: Circuit Breakers
Equipment: Internet Access Available
Exterior: Wood Frame, Clapboard, Other
Flooring: Vinyl
Foundation: Slab
Lot: Near Public Beach, Near Shopping, Near Town, Level, Open Lot, Landscaped, Wooded
Parking: Other,5 - 10 Spaces
Road Surface: Paved
Sewer: Soil Test Available, Septic Design Available, Septic
Special View Info: Scenic, Trees/Woods
SQ FT Above Grade: 1874
SQ FT Below Grade: 0
Total Rooms: 8
Water: Public
Water Body Name: Inlet Brook
Wooded: Yes

Local Schools

School District: RSU 21

Listed By / Shown By

Listed By

Agency Name: Portside Real Estate Group
Agency Phone: 207-204-0465

Shown By

Agent Name: Kristen Tesseo
Agent Phone: (207) 446-0184
Agency Title: Sprague and Curtis Real Estate

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Estimated Payment

$ 7,881.42 per month $5,563.92 Principal & Interest $1,588.33 Property Tax $729.17 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/28/2026. The listing information on this page last changed on 06/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/28/2026 2:23:55 PM EST) or MREIS (last updated Sun 06/28/2026 2:15:50 PM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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