Located in the heart of Kennebunk's coveted Lower Village, 2 Wallace Street perfectly captures the essence of coastal living with timeless charm, modern elegance, and an unbeatable location just a short stroll to Dock Square and Kennebunk Beach. From the moment you arrive, the beautifully landscaped gardens, newly installed paver driveway, and welcoming front walkway hint at the care and craftsmanship found within.
Step onto the inviting covered front porch and into a home where warm wood floors and thoughtful design create an effortless flow. The cozy living room, complete with custom built-ins and a wood-burning fireplace, offers a perfect place to unwind. At the heart of the home is a stunning cook's kitchen featuring a center island with a wood top, marble countertops, and top-of-the-line appliances including a Viking propane stove with hood, beverage drawer, and freezer drawer. French doors open to a tiered deck, ideal for seamless indoor-outdoor living.
A formal dining room with rich wood floors leads to a sun-drenched three-season sunroom — the perfect spot for morning coffee or a quiet evening retreat. A stylish ¾ bath rounds out the first floor.
Upstairs, you'll find three beautifully appointed bedrooms and a luxurious full bath adorned with Carrara marble tile, a tiled walk-in shower, and a soaking tub. Every inch of this home has been professionally decorated to strike a perfect balance between sophistication and comfort. Modern updates, including a new propane heating system, central air conditioning, and an irrigation system, ensure easy, year-round living.
Outside, a charming custom garden shed complements the meticulously maintained grounds, adding both functionality and beauty.
With elegant finishes, a prime walkable location, and a rental history, 2 Wallace Street offers not only an exceptional coastal lifestyle but also an outstanding investment opportunity in one of Kennebunk's most sought-after neighborhoods.
Closed
$1,500,000
2 Wallace Street, Kennebunk, ME 04043
3beds
1,372sqft
Single Family Residence
Built in 1899
7,840.8 Square Feet Lot
$1,516,100 Zestimate®
$1,093/sqft
$2,708 Estimated rent
Home value
$1,516,100
$1.36M - $1.68M
$2,708/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 11, 2025 at 07:49am
Listed by:
Portside Real Estate Group
Bought with:
Pack Maynard and Associates
Source: Maine Listings,MLS#: 1614720
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Closet
- Level: Second
- Area: 162.61 Square Feet
- Dimensions: 16.1 x 10.1
Bedroom 2
- Features: Closet
- Level: Second
- Area: 127.39 Square Feet
- Dimensions: 10.11 x 12.6
Bedroom 3
- Features: Closet
- Level: Second
- Area: 111.21 Square Feet
- Dimensions: 11 x 10.11
Dining room
- Features: Dining Area
- Level: First
- Area: 164.4 Square Feet
- Dimensions: 13.7 x 12
Kitchen
- Features: Eat-in Kitchen, Kitchen Island
- Level: First
- Area: 166.8 Square Feet
- Dimensions: 13.9 x 12
Living room
- Features: Built-in Features, Coffered Ceiling(s), Wood Burning Fireplace
- Level: First
- Area: 387.75 Square Feet
- Dimensions: 27.5 x 14.1
Sunroom
- Features: Three-Season
- Level: First
- Area: 142.38 Square Feet
- Dimensions: 12.6 x 11.3
Heating
- Forced Air, Zoned
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer
Features
- Bathtub, Shower
- Flooring: Tile, Wood
- Basement: Exterior Entry,Crawl Space,Sump Pump
- Number of fireplaces: 1
Interior area
- Total structure area: 1,372
- Total interior livable area: 1,372 sqft
- Finished area above ground: 1,372
- Finished area below ground: 0
Property
Parking
- Parking features: Other, 1 - 4 Spaces, On Site
Features
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Scenic
Lot
- Size: 7,840 sqft
- Features: Irrigation System, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Level, Open Lot, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: KENBM088L061
- Zoning: VR
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Cottage,Shingle
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard, Wood Siding
- Roof: Composition,Shingle
Condition
- Year built: 1899
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer, Quasi-Public
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: 90% Efficient Furnace
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Kennebunk
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $1,500,000-9.1%$1,093/sqft |
Source:  Maine Listings #1614720 | ||
| 7/30/2025 | Listing removed | $3,350$2/sqft |
Source: Zillow Rentals | ||
| 7/22/2025 | Pending sale | $1,650,000$1,203/sqft |
Source: Maine Listings #1614720 | ||
| 7/9/2025 | Contingent | $1,650,000$1,203/sqft |
Source: Maine Listings #1614720 | ||
| 7/9/2025 | Listed for rent | $3,350+4.7%$2/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,739 +5.6% | $279,600 |
| 2023 | $4,488 +9.9% | $279,600 |
| 2022 | $4,082 +2.5% | $279,600 |
Find assessor info on the county website
Neighborhood: 04043
Nearby schools
GreatSchools rating
- 9/10Sea Road SchoolGrades: 3-5Distance: 2.9 mi
- 10/10Middle School Of The KennebunksGrades: 6-8Distance: 6.1 mi
- 9/10Kennebunk High SchoolGrades: 9-12Distance: 4.4 mi
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$1,516,100
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$1,546,422