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  • Price cut: $95K (6/24)
    $1,850,000

    12 Wallace Street, Kennebunk, ME 04043

    3beds
    1,874sqft
    : 
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    Single Family Residence
    Built in 2018
    0.64 Acres Lot
    $-- Zestimate®
    $987/sqft
    $-- HOA

    What's special

    Detached garageCambria quartz countertopsThree daikin mini-splitsAbundant natural lightSoundproof interior wallsThermador appliancesSonos audio
    Coastal Retreat Walkable to Dock Square & Gooch's Beach Tucked away on one of Kennebunk's most peaceful streets, this custom-built coastal retreat offers a rare blend of privacy, luxury, and walkability just moments from Dock Square, Gooch's Beach, local cafés, restaurants, and boutique shopping. Thoughtfully designed with architectural intention and effortless flow, the home blends modern comfort with timeless craftsmanship. Soaring 14-foot ceilings, a dramatic vaulted stairwell, and abundant natural light create an airy, calming atmosphere throughout the open-concept living spaces. At the heart of the home, the chef's kitchen features Thermador appliances, Cambria quartz countertops, custom pine finishes, and inviting gathering spaces ideal for entertaining and relaxed coastal living. A private rear suite with separate entrance and kitchenette offers exceptional flexibility for guests, a home office, or luxury short-term rental use. The property has demonstrated strong Airbnb income potential with a history of outstanding guest reviews and impressive rental performance. Built for low-maintenance, energy-efficient living, the home includes radiant floor heating, a propane tankless water heater, three Daikin mini-splits, soundproof interior walls, Sonos audio, Nest thermostats, and integrated smart-home technology allowing owners to remotely manage climate controls and monitor home systems directly from their phone. Outside, beautiful outdoor living spaces are surrounded by mature gardens, native plantings, and peaceful natural scenery. Multiple concrete patios and a backyard hot tub create ideal settings for outdoor dining, entertaining, or quiet relaxation. The detached garage offers potential for a future ADU, guest house, studio, or additional income-producing space. A rare turnkey opportunity offering modern coastal design, privacy, flexibility, walkability, and proven luxury rental appeal in one of southern Maine's most desirable coast
    72 days
    |
    1,369
    |
    50
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1659088MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: Second
      Dining room
      • Level: First
      Family room
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Loft
      • Level: Second
      Heating
      • Heat Pump, Radiant
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
      Features
      • 1st Floor Bedroom, Pantry
      • Flooring: Vinyl
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 1,874
      • Total interior livable area: 1,874 sqft
      • Finished area above ground: 1,874
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Other, 5 - 10 Spaces
      • Garage spaces: 2
      Accessibility
      • Accessibility features: 36+ Inch Doors
      Features
      • Levels: Multi/Split
      • Patio & porch: Patio
      • Has spa: Yes
      • Has view: Yes
      • View description: Scenic, Trees/Woods
      Lot
      • Size: 0.64 Acres
      • Features: Near Public Beach, Near Shopping, Near Town, Level, Open Lot, Landscaped, Wooded
      Details
      • Parcel number: KENBM091L006
      • Zoning: CR
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Clapboard, Other
      • Roof: Composition
      Condition
      • Year built: 2018

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Utilities On

      Community & HOA

      Location
      • Region: Kennebunk

      Financial & listing details

      • Price per square foot: $987/sqft
      • Tax assessed value: $456,700
      • Annual tax amount: $16,447
      • Date on market: 4/24/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/24/2026Price change$1,850,000-4.9%$987/sqft
        Source: Maine Listings #1659088 Report a problem
        5/28/2026Price change$1,945,000-2.5%$1,038/sqft
        Source: Maine Listings #1659088 Report a problem
        4/24/2026Listed for sale$1,995,000$1,065/sqft
        Source: Maine Listings #1659088 Report a problem
        1/1/2026Listing removed$1,995,000$1,065/sqft
        Source: Maine Listings #1641693 Report a problem
        11/28/2025Price change$1,995,000-11.5%$1,065/sqft
        Source: Maine Listings #1641693 Report a problem
        11/2/2025Price change$2,255,000-5.3%$1,203/sqft
        Source: Maine Listings #1641693 Report a problem
        10/29/2025Listed for sale$2,380,000$1,270/sqft
        Source: Maine Listings #1641693 Report a problem
        8/20/2025Listing removed$3,600$2/sqft
        Source: Zillow Rentals Report a problem
        8/2/2025Listed for rent$3,600+20%$2/sqft
        Source: Zillow Rentals Report a problem
        12/14/2024Listing removed$3,000$2/sqft
        Source: Zillow Rentals Report a problem
        12/6/2024Price change$3,000-9.1%$2/sqft
        Source: Zillow Rentals Report a problem
        11/1/2024Price change$3,300-5.7%$2/sqft
        Source: Zillow Rentals Report a problem
        10/21/2024Price change$3,500-2.8%$2/sqft
        Source: Zillow Rentals Report a problem
        10/8/2024Listed for rent$3,600$2/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,741 +5.6%$456,700
        2023$7,330 +9.9%$456,700
        2022$6,668 +2.5%$456,700
        2021$6,508 +0.7%$456,700
        2020$6,462 +25.2%$456,700 +21.7%
        2019$5,162 +211.7%$375,400 +296.8%
        2018$1,656 +5.7%$94,600
        2017$1,566 +4.1%$94,600
        2016$1,504 +3.9%$94,600
        2015$1,447 +2.7%$94,600
        2014$1,410 +3.5%$94,600
        2011$1,362 +3.2%$94,600
        2009$1,320 +0.8%$94,600
        2008$1,310 +22%$94,600
        2005$1,074 $94,600

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 04043

        Getting around

        47 / 100
        Car-Dependent
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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