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Bean Group
Offered at $439,900Active
beds
2
baths
1
sq ft
1,358
Built
1986

22 Grace Lane

Wells, ME 04090

About this home

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 provide 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!

Listing last checked: Listing updated:

Listed by Listing Agent · Coldwell Banker Yorke Realty · MLS #1684450

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Details at a glance

Interior5 property facts
Rooms
5
Heating
Oil, Baseboard, Hot Water
Cooling
None
Flooring
Other, Tile, Vinyl, Wood
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1986
Garage
1
Foundation
Poured Concrete
Roof
Metal
Land & utilities4 property facts
Lot size
2.5 acres
Water
Private
Sewer
Private Sewer
Zoning
R
Financial2 property facts
Annual taxes
$2,373
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $439,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,422 / monthAdjust
Principal & interest
$2,224
Property tax
$198
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,373. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 22 Grace Lane

Can I request a private showing?

Request a tour of 22 Grace Lane and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.