Listed by Anne Erwin Real Estate, Anne Erwin Sothebys International Rlty, (207) 363-6640
$1,295,000
- 8 Beds
- 4 Baths
- 1,920 sqft
20 Nautical Lane, Wells, ME 04090
Est. Mortgage $7,678/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 88% nearby.
Home Highlights
Multi-Family
Built in 1985
$674/sqft
Local Information
-- mins to
About this House
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.
We estimate this home will sell faster than 88% nearby.
Home Details for 20 Nautical Lane
|
|---|
MLS Status: Active |
|
|---|
Interior Details Basement: Full,Unfinished,Walk-Out Access |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 1920 Square Feet |
Appliances & Utilities Utilities: Cable AvailableAppliances: Owned Water Heater |
Heating & Cooling Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Laminate |
Levels, Entrance, & Accessibility Number of Stories: 1Levels: OneFloors: Laminate |
View No View |
|
|---|
Exterior Home Features Roof: ShingleExterior: DeckFoundation: Poured Concrete |
Parking & Garage No GarageParking: Gravel |
Frontage Road Frontage: Private RoadRoad Surface Type: Gravel |
Water & Sewer Sewer: Public Sewer |
Farm & Range Frontage Length: Road frontage: 119 |
Finished Area Finished Area (above surface): 1920 Square Feet |
|
|---|
Days on Market: 20 |
|
|---|
Year Built Year Built: 1985 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Raised Ranch |
Building Construction Materials: Wood FrameNot a New Construction |
|
|---|
Price List Price: $1,295,000Price Per Sqft: $674 |
|
|---|
Direction & Address City: Wells |
|
|---|
Listing Agent Listing ID: 5105072 |
|
|---|
Building Area Building Area: 3840 Square Feet |
|
|---|
Lot Area: 7841 sqft |
|
|---|
BasementMls Number: 5105072Attribution Contact: Off: 207-363-6640Above Grade Unfinished Area: 1920Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 1920Below Grade Unfinished Area Source: AssessorBelow Grade Unfinished Area Units: Square Feet |
Around this home
What Locals Say about Wells
At least 41 Trulia users voted on each feature.
87 % Say car is needed
87 % Say yards are well-kept
80 % Say there's holiday spirit
78 % Say parking is easy
78 % Say it's dog friendly
77 % Say people would walk alone at night
67 % Say there's wildlife
62 % Say it's quiet
58 % Say they plan to stay for at least 5 years
54 % Say neighbors are friendly
50 % Say kids play outside
41 % Say there are community events
38 % Say it's walkable to restaurants
38 % Say streets are well-lit
30 % Say it's walkable to grocery stores
10 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
Market trends in Wells
Last updated July 2026
Avg. sale price
$456K
$61.08KMoM
Sale-to-List Price
—
Price per sq ft
$377
Available listings
146
10MoM
Home Value
Trulia Estimate
$1.22MSince last month
Increased$133K (+12.2%)Since last year
Increased$171K (+16.2%)Since last sale
Increased$697K (+132%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +101% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.22M |
| August 2026 | $1.24M |
| July 2026 | $1.09M |
| June 2026 | $1.05M |
| May 2026 | $1.05M |
| April 2026 | $1.07M |
| March 2026 | $1.06M |
| February 2026 | $1.05M |
| January 2026 | $1.07M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.00 | Multi-Family Home | $900,000 | 08/19/26 | 8 | 3 | 3,124 | |
1.48 | Multi-Family Home | $1,085,000 | 04/01/26 | 4 | 2 | 1,536 | |
1.63 | Multi-Family Home | $610,000 | 01/16/26 | 6 | 3 | 3,076 | |
1.98 | Multi-Family Home | $800,000 | 12/16/25 | 6 | 3 | 3,010 | |
1.86 | Multi-Family Home | $995,000 | 06/24/26 | 10 | 6 | 4,640 | |
2.81 | Multi-Family Home | $625,000 | 12/22/25 | 4 | 3 | 2,360 | |
3.47 | Multi-Family Home | $675,000 | 07/30/26 | 5 | 2 | 4,236 | |
4.53 | Multi-Family Home | $2,300,000 | 07/17/26 | 7 | 4 | 3,310 | |
5.26 | Multi-Family Home | $815,000 | 06/19/26 | 8 | 4 | 3,168 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $929,900 | 3 | 1 | 1,020 | Off Market | |
0.02 | $192,500 | 1 | 1 | 263 | Recently Sold | |
0.07 | $1,675,000 | - | - | - | Recently Sold | |
0.03 | $188,200 | 1 | 1 | 267 | Off Market | |
0.02 | $171,100 | 1 | 1 | 267 | Off Market | |
0.09 | $937,500 | 4 | 2 | 1,698 | Recently Sold | |
0.04 | $187,000 | 1 | 1 | 267 | Off Market | |
0.10 | $620,000 | 1 | 1 | 781 | Recently Sold | |
0.07 | $2,074,300 | 2 | 2 | 1,886 | Off Market | |
0.08 | $2,699,900 | 4 | 2.5 | 2,820 | Off Market | |
0.06 | $1,741,400 | 6 | 6.5 | 2,716 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 14, 2026 Source: Maine Listings #1676234 | Listed For Sale | $1,295,000 |
Mar 23, 2017 Source: PrimeMLS #4617896 | Sold | $527,600 |
Feb 20, 2017 Source: Agent Provided | PriceChange | $575,000 Price decreased by 10% |
Nov 2, 2016 Source: Agent Provided | Pending | $639,000 |
May 5, 2016 Source: Agent Provided | Listed For Sale | $639,000 |
Nov 3, 2015 Source: Agent Provided | ListingRemoved | $639,000 |
May 26, 2015 Source: Agent Provided | Listed For Sale | $639,000 |
Dec 4, 2014 Source: Agent Provided | ListingRemoved | $699,000 |
Jun 3, 2014 Source: Agent Provided | Listed For Sale | $699,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $5,790 | $952,290 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Anne Erwin Real Estate, Anne Erwin Sothebys International Rlty, Off: 207-363-6640

Copyright 2026 PrimeMLS, Inc. All rights reserved.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is 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. Data last updated 2026-09-04 00:49:16 PDT.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
Similar Homes You May Like
New Listings near 20 Nautical Lane
Frequently asked questions about 20 Nautical Lane
- What is the estimated monthly payment for 20 Nautical Lane?Based on a $1,295,000 list price with 20% down at today's rates, the estimated monthly payment for 20 Nautical Lane in Wells, ME is approximately $7,852 (about $6,838 principal & interest, $939 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 20 Nautical Lane compare to homes in Wells?20 Nautical Lane in Wells, ME is listed at $1,295,000, about 184% above the $456K median sale price in Wells.
- What do residents say about Wells?Residents describe Wells, ME as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Wells, ME.
- What are the closest schools to 20 Nautical Lane?The closest schools to 20 Nautical Lane in Wells, ME are Wells Elementary School (rated 9/10), Wells High School (rated 8/10), Wells Junior High School (Elementary, rated 8/10).
- Does 20 Nautical Lane have parking?Yes, 20 Nautical Lane in Wells, ME has on-site parking.
20 Nautical Lane, Wells, ME 04090 is a 8 bedroom, 4 bathroom, 1,920 sqft multi-family built in 1985. This property is currently available for sale and was listed by PrimeMLS on Aug 14, 2026. The MLS # for this home is MLS# 5105072.

