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About This Home

This 3-bedroom, 3-bathroom single family at 12 Wallace Street in Kennebunk, ME is listed for $1,945,000 ($1,038 per sqft). Built in 2018, the home offers 1,874 sqft of living space on a 0.64 acres lot.

Agent 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.

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 atmosphere throughout the open-concept living spaces.

The chef's kitchen features Thermador appliances, Cambria quartz countertops, custom pine finishes, and inviting gathering spaces designed 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 an established history of impressive rental performance and outstanding guest reviews. Built for low-maintenance, energy-efficient living, the home includes radiant floor heating, a 2024 propane tankless water heater, three Daikin mini-splits, soundproof interior walls, Sonos audio, Nest thermostats, and smart-home features throughout.

Outside, beautifully curated outdoor living spaces are surrounded by mature gardens, native plantings, and peaceful natural scenery. Multiple concrete patios and a backyard hot tub create ideal spaces 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 coastal destinations.

Key Features

  • Built in 2018
  • 0.64 acre lot
  • Waterfront

Property Details

3 full
2018

Amenities

WaterfrontA/C

Monthly Cost Estimate

$10,402/mo

20% down · 6.5% · 30 years

Principal$1,407
Interest$8,428
Insurance$567

Estimates only. Actual payments may vary.

Location

12 Wallace Street

Kennebunk, ME 04043

Features & Amenities

Interior Features

1st Floor BedroomPantry

Property Details

Flooring

Vinyl

Construction

Wood Frame Clapboard

Pool Features

Patio

Heating

Propane (Heating)Electric (Heating)Heat Pump (Heating)Radiant

Cooling

Heat Pump

Questions & Answers

This 3-bedroom, 3-bathroom single family at 12 Wallace Street is listed at $1,945,000 ($1,038/sqft). The estimated monthly payment is $8,428 based on 20% down at 6.5% interest.

Key features include: Built in 2018, 0.64 acre lot, Waterfront. Interior Features: 1st Floor Bedroom, Pantry.

This property is listed by Gwen Genest and can be reached at (207) 619-7571 or gwen@portsidereg.com.

GG

Gwen Genest

Agent at Portside Real Estate Group

(207) 619-7571

Listed by Portside Real Estate Group · View on Broker Site

MLS# 1659088· Source: listhub· Updated today

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12 Wallace Street, Kennebunk, ME 04043

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