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  • Price cut: $36K (6/24)
    $749,000

    54 Magnolia Lane, Wells, ME 04090

    3beds
    2,264sqft
    : 
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    Single Family Residence
    Built in 2022
    2.3 Acres Lot
    $741,400 Zestimate®
    $331/sqft
    $50/mo HOA

    What's special

    Cozy fireplacePrivate bathWater filtration systemLarge walk-in closetFunctional mudroomSpacious primary bedroomLarge walk-in pantry
    Built in 2022 and nestled in a cute, quiet neighborhood, this beautifully maintained 3-bedroom, 2.5-bath home offers the perfect blend of comfort, style, and convenience. With 2,264 sq ft of thoughtfully designed living space, you'll love the spacious layout featuring a stunning finished bonus room over the garage with vaulted ceilings and a cozy fireplace -- ideal for a family room, second primary suite, home office, or whatever your heart desires! The possibilities are endless. The heart of the home includes a large walk-in pantry, functional mudroom, and a spacious primary bedroom complete with a large walk-in closet and private bath. Multiple heating sources, including heat pumps and a pellet stove, provide year-round comfort and efficiency. Additional thoughtful upgrades include a water filtration system, and generator outlet for added peace of mind Step outside to enjoy the large lot with irrigation, offering plenty of space for entertaining, gardening, or simply relaxing. The unfinished walkout basement provides abundant storage and excellent potential for future expansion. Conveniently located just 10 minutes from I-95, Pratt & Whitney, local beaches, shopping, and more, this home combines peaceful neighborhood living with easy access to everything you need and more! Come see for yourself!
    51 days
    |
    875
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Heart & Home Realty

    Source: Maine Listings,MLS#: 1661675MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bonus room
      • Level: Second
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Mud room
      • Level: First
      Other
      • Level: First
      Heating
      • Baseboard, Heat Pump, Pellet Stove
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
      Features
      • Bathtub, Pantry, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
      • Flooring: Carpet, Tile, Wood
      • Basement: Exterior Entry,Interior Entry,Walk-Out Access,Daylight,Full,Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,264
      • Total interior livable area: 2,264 sqft
      • Finished area above ground: 2,264
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, 1 - 4 Spaces, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Patio & porch: Deck, Porch
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 2.3 Acres
      • Features: Irrigation System, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Rural, Near Railroad, Cul-De-Sac, Level, Open Lot, Landscaped, Wooded
      Details
      • Parcel number: WLLSM047L21A7
      • Zoning: RCD
      • Other equipment: Cable

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Shingle
      Condition
      • Year built: 2022

      Utilities & green energy

      • Electric: Circuit Breakers, Generator Hookup
      • Sewer: Public Sewer
      • Water: Private

      Community & HOA

      Community
      • Security: Air Radon Mitigation System
      HOA
      • Has HOA: Yes
      • HOA fee: $50 monthly
      Location
      • Region: Wells

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $651,110
      • Annual tax amount: $4,206
      • Date on market: 5/31/2026
      • Road surface type: Paved

        Estimated market value

        $741,400

        $704,000 - $778,000

        $4,142/mo

        Price history

        DateEventPrice
        6/24/2026Price change$749,000-4.6%$331/sqft
        Source: Maine Listings #1661675 Report a problem
        6/7/2026Price change$785,000-1.8%$347/sqft
        Source: Maine Listings #1661675 Report a problem
        5/31/2026Listed for sale$799,000$353/sqft
        Source: Maine Listings #1661675 Report a problem
        5/25/2026Pending sale$799,000$353/sqft
        Source: Maine Listings #1661675 Report a problem
        5/11/2026Listed for sale$799,000+41.8%$353/sqft
        Source: Maine Listings #1661675 Report a problem
        8/5/2022Sold$563,300$249/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,959 +15.7%$651,110 +13.4%
        2023$3,421 +311.2%$573,920 +621.8%
        2022$832 -0.5%$79,510
        2021$836 $79,510

        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04090

        Getting around

        2 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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