Rare Waterfront Opportunity with Panoramic Ocean & Marsh Views - A truly unique waterfront offering in one of Wells' most desirable coastal locations. Owned and cherished by the same family for more than 50 years, this exceptional property presents a rare opportunity to enjoy, invest in, or reimagine a remarkable piece of Maine's coastline.
Perfectly positioned to capture panoramic views of the Atlantic Ocean and surrounding marshlands, the property features two separate residences, each with stunning water views and outdoor living spaces designed to take full advantage of the spectacular setting. Whether you're seeking a private coastal retreat, a multi-generational family compound, an income-producing property, or exploring future possibilities, the opportunities here are truly exceptional.
The main residence offers seven bedrooms and three bathrooms, providing ample space for large family gatherings or entertaining. Expansive decks create the perfect place to enjoy breathtaking sunrises, ocean breezes, and the natural beauty that surrounds this waterfront setting.
Complementing the main home is a detached carriage house featuring a full kitchen, living room, bedroom, bathroom, and additional second-floor living space. Ideal for guests, extended family, or rental income potential, this separate dwelling adds tremendous flexibility and value.
The location is second to none in Fisherman's Cove with nearby access to Crescent Beach, while Wells Beach and Moody Beach are just minutes away. Abutting protected land associated with the Rachel Carson National Wildlife Refuge, the property benefits from a remarkable natural backdrop while helping preserve the beauty and tranquility of the surrounding marshland.
Properties offering two independent residences, breathtaking water views, and this level of flexibility are rarely available. Create lasting family memories or invest in a premier waterfront setting.
See magnolia403.com for property website.
Active
$1,100,000
403 Webhannet Drive, Wells, ME 04090
8beds
3,124sqft
Multi Family
Built in 1900
-- sqft lot
$1,033,300 Zestimate®
$352/sqft
$-- HOA
What's special
Two independent residencesRemarkable natural backdropExpansive decksStunning water viewsTwo separate residences
- 32 days |
- 1,560 |
- 65 |
Zillow last checked:
Listing updated:
Listed by:
Lexi Leddy Real Estate LLC
Source: Maine Listings,MLS#: 1665848
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Baseboard, None
Cooling
- None
Features
- Attic, Bathtub, Shower
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Dirt Floor,Unfinished
Interior area
- Total structure area: 3,124
- Total interior livable area: 3,124 sqft
- Finished area above ground: 3,124
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 5 - 10 Spaces, Off Street
Features
- Levels: Multi/Split
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Scenic
- Body of water: Atlantic Ocean
Lot
- Size: 0.37 Acres
- Features: Near Public Beach, Other, Level
Details
- Parcel number: WLLSM116L29
- Zoning: RB & SO
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage,New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos, Shingle Siding, Vinyl Siding, Wood Siding
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Wells
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $1,549,970
- Annual tax amount: $10,013
- Date on market: 6/6/2026
- Road surface type: Paved
Estimated market value
$1,033,300
$982,000 - $1.08M
$2,183/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Listed for sale | $1,100,000$352/sqft |
Source: | ||
| 5/21/2026 | Listing removed | $1,100,000$352/sqft |
Source: | ||
| 3/2/2026 | Price change | $1,100,000-19.4%$352/sqft |
Source: | ||
| 7/25/2025 | Listed for sale | $1,365,000$437/sqft |
Source: | ||
| 7/22/2025 | Listing removed | $1,365,000$437/sqft |
Source: | ||
| 4/23/2025 | Listed for sale | $1,365,000-22%$437/sqft |
Source: | ||
| 9/10/2024 | Listing removed | $1,749,000$560/sqft |
Source: | ||
| 6/6/2024 | Listed for sale | $1,749,000$560/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,424 +2% | $1,549,970 |
| 2023 | $9,238 -0.9% | $1,549,970 +74% |
| 2022 | $9,318 -0.6% | $890,840 |
| 2021 | $9,372 +0.5% | $890,840 +0.1% |
| 2020 | $9,322 +1.5% | $889,530 +0.9% |
| 2019 | $9,184 +1% | $881,350 |
| 2018 | $9,096 +1.6% | $881,350 |
| 2017 | $8,955 +1% | $881,350 |
| 2016 | $8,866 +1.1% | $881,350 |
| 2015 | $8,769 +3.2% | $881,350 -5.4% |
| 2013 | $8,499 -13.4% | $931,960 -18.1% |
| 2012 | $9,816 +0.5% | $1,137,420 +0.5% |
| 2011 | $9,771 +3.6% | $1,132,170 |
| 2009 | $9,431 +1.3% | $1,132,170 |
| 2008 | $9,306 +90.6% | $1,132,170 +83% |
| 2005 | $4,882 | $618,750 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04090
Nearby schools
GreatSchools rating
- 8/10Wells Junior High SchoolGrades: 5-8Distance: 2.1 mi
- 8/10Wells High SchoolGrades: 9-12Distance: 2.2 mi
- 9/10Wells Elementary SchoolGrades: K-4Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- York County
- Wells
- 04090
- 403 Webhannet Drive






