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12 Wallace Street, 
Kennebunk, ME 04043

$1,945,000


3

Beds


3

Baths


1,874

Sq Ft


Single Family

Active

Listed by

Gwen Genest

Portside Real Estate Group

Last updated:

May 29, 2026, 03:13 PM

MLS#

1659088

Source:

ME MREIS

About This Home

12 Wallace Street

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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 2018

Price Summary

1,945,000

$1,037 per Sq. Ft.

MLS #:

1659088

Last Updated:

May 29, 2026, 03:13 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,874 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary

Building Area:

1,874 Sq. Ft.

Year Built:

2018


Lot

Lot Size (Sq. Ft):

27,878


Finances & Disclosures

Finances

Price:

$1,945,000

Price per Sq. Ft:

$1,037 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.