Skip to main contentSkip to navigation
1 / 70

Land with Home for Sale in Kennebunk, Maine

Wallace St, Kennebunk, ME 04043

$2,500,000
2.25 acres
Active sale
ago
Est $14,654/mo

Potential for 4 Units - 2 Homes & 2 ADU's!! One Property. Two Deeded Parcels. A Rare Coastal Estate in Lower Village Kennebunk. Some properties are measured by square footage. Others are defined by what can never be recreated. Set in one of Lower Village Kennebunk's most desirable locations, this extraordinary property combines a beautifully crafted custom residence with a separately deeded, creating more than two acres of private coastal land with direct tidal marsh frontage--a combination rarely found this close to Dock Square, the beaches, and the Kennebunk River. Soil testing is currently underway, further enhancing the property's exceptional development potential. The land extends to the edge of the tidal marsh, where sweeping views, abundant wildlife, and the daily rhythm of the tides create an ever-changing natural backdrop. Launch a kayak from your own property at high tide, watch migrating birds throughout the seasons, or simply enjoy the peace and beauty of one of southern Maine's most treasured coastal environments. What makes this property truly exceptional is its flexibility. Preserve the adjoining parcel as a permanent privacy buffer, create a multigenerational family compound, build a future residence, or take advantage of the potential for 4 units (2 homes & 2 ADU's), all while enjoying the rare privilege of owning one of Lower Village's largest private land holdings. Special Features: Possibility for 4 UNITS - 2 Homes & 2 ADU's Soil Tests Currently Underway More than 2 Acres Walk to Town and Beach Direct Tidal Marsh Frontage Beautiful Custom Built Home Exceptional Privacy Separately Deeded Lots Efficient Home w/ Radiant Heat

1,874
Sq feet
3
Beds
3
Full baths
2018
Built

Location

Street address
Wallace St, Lot 1 & 12
Zip code
04043
Elevation
11 feet
Coordinates
43.3567, -70.4833

Property details

Acreage
2.25 acres
Zoning
CR
MLS #
MREIS 1669079
Posted

Parcels

  • 12WallaceStreetKennebunk04043

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Ocean Front, Waterfront
Features
Level, Near Public Beach, Near Shopping, Near Town, Open, Well Landscaped, Wooded

Exterior

Pool
Patio

Structure

Style
Contemporary
Water
Public
Sewer
Septic Needed, Septic Tank
Heating
Electric, Heat Pump, Propane, Radiant
Materials
Clapboard, Wood Frame
Roof
Composition

Interior

Room Count
8
Rooms
Bathroom x 3, Bedroom x 3, Dining Room, Family Room, Laundry Room x 2
Flooring
Vinyl
Features
1st Floor Bedroom, Bathtub, Pantry, Primary Bedroom w/ Bath

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
June 26, 2026New listing$2,500,000MREIS
Subscribe to listing updates

Payment calculator

This 2.25-acre property is located at Wallace St Lot 1 & 12 in Kennebunk, ME 04043. The property is available for sale, priced at $2,500,000. It has a 1,874 square foot 3-bedroom, 3-bath house built in 2018.

Listed by Portside Real Estate Group, (207) 619-7571

Checked 1 hour agoUpdated Source

Report listing issue

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact