Endless Potential! Two Dwellings - Investors Take Notice!
Set on a spacious 1.41-acre lot, this unique property offers not one, but two buildings with incredible potential! A paved circular driveway brings you to the 1967 ranch-style home, which sits on a full foundation with a basement and is ready for a new vision—sold as-is and priced to move! The second structure, built in 1986, was once a functional apartment and offers great possibilities—whether as a guest house, rental opportunity, or accessory dwelling. Also sold as-is, this space is awaiting your renovation. With two functioning wells (one for each dwelling) and a shared septic system (condition unknown), the groundwork is in place for an exciting project. This aggressively priced property is an exceptional opportunity for investors, builders, or buyers looking for a value with room to grow! Don't miss out, empty and easy to show—schedule a showing today!
Closed
$295,000
218 Merriland Ridge Road, Wells, ME 04090
1beds
960sqft
Single Family Residence
Built in 1967
1.41 Acres Lot
$393,700 Zestimate®
$307/sqft
$1,899 Estimated rent
Home value
$393,700
$299,000 - $500,000
$1,899/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 18, 2025 at 04:16am
Listed by:
EXP Realty
Bought with:
EXP Realty
Source: Maine Listings,MLS#: 1615760
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Forced Air
Cooling
- None
Features
- Flooring: Other
- Basement: Interior Entry,Full,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
- Finished area above ground: 960
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, On Site
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.41 Acres
- Features: Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: WLLSM024L11
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Camp,Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Other
- Roof: Shingle
Condition
- Year built: 1967
Utilities & green energy
- Electric: Circuit Breakers, Fuses
- Water: Well
Community & neighborhood
Location
- Region: Wells
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | $295,000$307/sqft |
Source:  Maine Listings #1615760 | ||
| 3/16/2025 | Pending sale | $295,000$307/sqft |
Source: Maine Listings #1615760 | ||
| 3/10/2025 | Listed for sale | $295,000$307/sqft |
Source: Maine Listings #1615760 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,053 +2% | $502,100 |
| 2023 | $2,993 +5.2% | $502,100 +84.5% |
| 2022 | $2,846 -0.6% | $272,070 |
Find assessor info on the county website
Neighborhood: 04090
Nearby schools
GreatSchools rating
- 9/10Wells Elementary SchoolGrades: K-4Distance: 3.3 mi
- 8/10Wells Junior High SchoolGrades: 5-8Distance: 3.8 mi
- 8/10Wells High SchoolGrades: 9-12Distance: 3.6 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$393,700
2% more+ $7,874
With Zillow Showcase(estimated)
$401,574