This studio style unit in a prime location at the Water Crest Motels and Cottages Association. Enjoy your private deck with a view of the pool and hot tub which is only steps away. The unit has tile throughout which makes for easy cleanings, the stove, TV, bed and bed frame are new. The deck has all new composite decking! right on route 1 in Wells, this association is close to the ocean and beaches, as well as the local shops and restaurants. A key feature of this association is the property manager who is employed by the association and does not take a management fee, the owner gets all of the rental income for their unit! This unit has a healthy rental history and the bonus of being open year round! You cannot beat this price for a year round condo in Wells. The 28 day rule does apply.
Closed
$180,000
1277 Post Road #142, Wells, ME 04090
1beds
310sqft
Condominium
Built in 1920
-- sqft lot
$168,300 Zestimate®
$581/sqft
$1,414 Estimated rent
Home value
$168,300
$160,000 - $177,000
$1,414/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 07, 2025 at 06:12am
Listed by:
Coldwell Banker Realty 207-967-9900
Bought with:
RE/MAX Realty One
Source: Maine Listings,MLS#: 1618047
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Kitchen
- Level: First
Heating
- Hot Water
Cooling
- Has cooling: Yes
Features
- Flooring: Tile
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 310
- Total interior livable area: 310 sqft
- Finished area above ground: 310
- Finished area below ground: 0
Property
Parking
- Parking features: Common, 1 - 4 Spaces, On Site
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
Lot
- Features: Abuts Conservation, Near Golf Course, Near Shopping, Other, Level, Open Lot
Details
- Parcel number: WLLSM126L17142
- Zoning: GB
Construction
Type & style
- Home type: Condo
- Architectural style: Cottage
- Property subtype: Condominium
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wells
- Subdivision: Watercrest Cottages and Motels
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $571 quarterly
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | $180,000+6.5%$581/sqft |
Source:  Maine Listings #1618047 | ||
| 4/10/2025 | Pending sale | $169,000$545/sqft |
Source: Maine Listings #1618047 | ||
| 4/4/2025 | Listed for sale | $169,000+69.2%$545/sqft |
Source: Maine Listings #1618047 | ||
| 10/16/2020 | Sold | $99,900$322/sqft |
Source: Maine Listings #1467137 | ||
| 9/6/2020 | Pending sale | $99,900$322/sqft |
Source: RE/MAX Realty One #1467137 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $855 +2% | $140,630 |
| 2023 | $838 +17.5% | $140,630 +106.4% |
| 2022 | $713 -0.6% | $68,140 |
Find assessor info on the county website
Neighborhood: 04090
Nearby schools
GreatSchools rating
- 8/10Wells Junior High SchoolGrades: 5-8Distance: 0.7 mi
- 8/10Wells High SchoolGrades: 9-12Distance: 0.7 mi
- 9/10Wells Elementary SchoolGrades: K-4Distance: 0.9 mi
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$168,300
2% more+ $3,366
With Zillow Showcase(estimated)
$171,666