About This Home

This 2-bedroom, 1-bathroom single family at 22 Grace Lane in Wells, ME is listed for $439,900 ($324 per sqft). Built in 1986, the home offers 1,358 sqft of living space on a 2.50 acres lot.

Key Features

  • Built in 1986
  • 2.50 acre lot

Property Details

1 full
1-car garage
1986
Listing Description

FIRST-TIME HOME BUYERS & SAVVY INVESTORS, TAKE NOTICE! Opportunity knocks with this affordable 2-bedroom, 1-bath Ranch-style home situated on 2.5 acres in Wells! Offering tremendous potential for buyers willing to invest a little sweat equity, this property features a metal roof, added mudroom, granite countertops in the kitchen and refreshed bathrooms.

While some cosmetic improvements are needed, including refinishing distressed wood flooring, interior painting, and deck staining, the possibilities are exciting! The finished lower-level space provides flexibility for a family room, home office, game room, or additional recreational space.

A 1-car garage under and two detached storage sheds offer plenty of room for tools, lawn equipment, and recreational toys. Enjoy the expansive, oversized deck, perfect for outdoor entertaining, relaxing at sunset, or watching the local wildlife. With 2.5 acres to enjoy, there's ample room for gardening, outdoor activities, and potentially an additional outbuilding, subject to town approvals.

Location is a PLUS! Conveniently situated for commuters, with easy access to Sanford, I-95/Maine Turnpike, area shopping, restaurants, and the beautiful beaches of Southern Maine. Enjoy the best of both worlds—country living with coastal amenities just a short drive away.

A small portion of the parcel extends into Sanford, resulting in a nominal additional tax bill, with the added benefit of municipal trash pickup. Being sold AS-IS and priced to reflect the improvements needed. Bring your vision, roll up your sleeves, and transform this property into something special while building equity along the way. A wonderful opportunity to make homeownership a reality!

Monthly Cost Estimate

$2,353/mo

20% down · 6.5% · 30 years

Principal$318
Interest$1,906
Insurance$128

Estimates only. Actual payments may vary.

Location

22 Grace Lane

Wells, ME 04090

Features & Amenities

Interior Features

1st Floor BedroomStorage

Property Details

Flooring

VinylWoodTile

Construction

Wood Frame Vinyl Siding

Outdoor Features

Deck

Heating

OilBaseboardHot Water(Heating)

Questions & Answers

This 2-bedroom, 1-bathroom single family at 22 Grace Lane is listed at $439,900 ($324/sqft). The estimated monthly payment is $2,352 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 2.50 acre lot. Interior Features: 1st Floor Bedroom, Storage.

This property is listed by Sharon Beaudoin.

SB

Sharon Beaudoin

Agent at Coldwell Banker Yorke Realty

Listed by Coldwell Banker Yorke Realty · Broker phone: 207-363-4300 · View on Broker Site · Broker website

MLS# 1684450· Source: Maine Listings· Added to PropertySimple today

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22 Grace Lane, Wells, ME 04090

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