12 Wallace Street, Kennebunk, ME 04043
FOR SALE
0.64 ACRES

12 Wallace Street
Kennebunk, ME 04043

  • 3 Beds
  • 3 Baths
  • 1,874 sqft (on 0.64 acres)

$1,945,000

Original price: $1,995,000
Est. Mortgage $11,412/mo*

$1,945,000

Original price: $1,995,000
Est. Mortgage $11,412/mo*
3 Beds
3 Baths
1,874 sqft
(on 0.64 acres)

Local Information

  • Map ViewExplore the area around 12 Wallace Street.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 3 hours ago
Listing courtesy of Portside Real Estate Group
Source: Maine Listings, MLS#1659088
Also Listed on Maine Listings.

Description

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

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$1,038
Listed
59 days ago

Home Details for 12 Wallace Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 8Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Laundry, Loft
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1874 Square Feet
Appliances & Utilities
Utilities: Utilities OnAppliances: Dishwasher, Dryer, Gas Range, Refrigerator, WasherDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Heat Pump,RadiantHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
No FireplaceHas a Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Levels: Multi/SplitAccessibility: 36+ Inch DoorsFloors: Vinyl
View
Has a ViewView: Scenic, Trees/Woods

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: PatioNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Other,5 - 10 Spaces
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1874 Square Feet

Days on Market

Days on Market: 59

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Wood Frame, Clapboard, Other

Price & Status

Price
List Price: $1,945,000Price Per Sqft: $1,038

Location

Direction & Address
City: Kennebunk
School Information
High School District: RSU 21

Agent Information

Listing Agent
Listing ID: 1659088

Building

Building Area
Building Area: 1874 Square Feet

Lot Information

Lot Area: 0.64 acres

Miscellaneous

Mls Number: 1659088Above Grade Unfinished Area: 1874

Market trends in Kennebunk

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
83
10
MoM

Price History for 12 Wallace Street

DatePriceEventSource
05/28/2026$1,945,000PriceChange
Maine Listings #1659088
04/24/2026$1,995,000Listed For SaleMaine Listings #1659088
01/01/2026$1,995,000ListingRemovedMaine Listings #1641693
11/28/2025$1,995,000PriceChange
Maine Listings #1641693
11/02/2025$2,255,000PriceChange
Maine Listings #1641693
10/29/2025$2,380,000Listed For SaleMaine Listings #1641693
08/20/2025$3,600ListingRemovedZillow Rentals
08/02/2025$3,600Listed For RentZillow Rentals
12/14/2024$3,000ListingRemovedZillow Rentals
12/06/2024$3,000PriceChange
Zillow Rentals
11/01/2024$3,300PriceChange
Zillow Rentals
10/21/2024$3,500PriceChange
Zillow Rentals
10/08/2024$3,600Listed For RentZillow Rentals

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Property Tax and Assessment

Year2024
Tax$7,741
Assessment$456,700
Home facts updated by county records

Comparable Sales for 12 Wallace Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$2,325,000
08/25/25
4
3
2,896
0.24
Single-Family Home
$1,575,000
10/29/25
4
2.5
2,529
0.36
Single-Family Home
$1,800,000
08/15/25
3
2.5
3,064
0.15
Single-Family Home
$3,300,000
05/11/26
4
3.5
4,265
0.28
Single-Family Home
$1,550,000
10/03/25
4
3
2,885
0.09
Single-Family Home
$1,500,000
08/11/25
3
2
1,372
0.49
Single-Family Home
$1,275,000
10/29/25
3
2.5
2,044
0.58
Single-Family Home
$1,100,000
10/30/25
3
2.5
1,930
0.28
Single-Family Home
$3,014,745
12/03/25
4
3.5
3,409

Nearby homes

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Assigned Schools

These are the assigned schools for 12 Wallace Street.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Kennebunk

At least 44 Trulia users voted on each feature.
  • 92 % Say it's dog friendly

  • 88 % Say car is needed

  • 77 % Say people would walk alone at night

  • 77 % Say there's holiday spirit

  • 72 % Say parking is easy

  • 71 % Say yards are well-kept

  • 70 % Say kids play outside

  • 67 % Say it's quiet

  • 64 % Say it's walkable to restaurants

  • 63 % Say neighbors are friendly

  • 62 % Say they plan to stay for at least 5 years

  • 62 % Say there's wildlife

  • 59 % Say there are sidewalks

  • 45 % Say streets are well-lit

  • 38 % Say there are community events

  • 36 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Bryanmkelly
    "nice neighbors, schools great, nice village, great food, close to beaches. very nice people here.."
  • Timothy C.
    "Great community and school system. Beautiful beaches and quaint downtown, there are lots of tourists in the summer. Christmas is the best time to be here."
  • Alex S. .
    "Kennebunk is amazing for kids. There is so much to do every season. Great schools. I grew up here and I would recommend any raise their kids here as well. "
  • Kelli P.
    "I’ve been coming here every summer for 23 years. It’s a very special place. Beautiful and friendly. "
  • Frank C.
    "Great school system! The teachers and counselors really care! I have two children with special needs, and everyone in RSU21 has gone above and beyond my expectations."
  • Emmabalina
    "This is a very family-friendly neighborhood, super safe, and the neighbors are wonderful! Downtown is only a 10-15 walk, and there are lots of activities going on every week for kids and families."
  • Libbiej65
    "The commute to my workplace is just over a mile. Easy drive and possible walk. Busy in summer season with tourists, but otherwise not bad."
  • Bookguise
    "Good neighbors pick up after their dogs. There is a leash law. Beach access for dogs under control are limited in the summer. "
  • windowsonwheels
    "Close to Beach, Golf, Town, Sleeps 6 and is very well kept, all new and a wonderful place to stay"
  • susnmartn2006
    "Quiet, pet friendly, neighbor friendly and child friendly. I love living in this neighborhood. The neighbors are wonderful and down to earth."

LGBTQ Local Legal Protections

Portside Real Estate Group
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
12 Wallace Street, Kennebunk, ME 04043 is a 3 bedroom, 3 bathroom, 1,874 sqft single-family home built in 2018. This property is currently available for sale and was listed by Maine Listings on Apr 24, 2026. The MLS # for this home is MLS# 1659088.