This cozy seasonal cottage is the perfect summer property! Located in the Water Crest association which boasts a pool, hot tub, two play grounds, and plenty of open common area to enjoy the weather! Only 2.5 miles from the beach and conveniently located only minutes to all the shopping and restaurants Wells has to offer. Don't miss this unique opportunity to own this cottage as your vacation spot or rental property! The association employs their own property manager so there is not management fee taken from rental income, owners keep 100%!
CondoProperty Type
1989Year Built
3,484 sq ftLot Size
$471Est. Price/Sq.Ft.
1 spaceParking
Listed by Adam Hedio• Coldwell Banker Realty
Contact: 207-967-9900
Bought with Shayna Wright• Keller Williams Realty Metropolitan
Located just 1.5 miles from the sand and surf, Watercrest Cottages is one of the most affordable 3-season cottage communities that the Town of Wells has to offer! This fully furnished one-bedroom unit offers a king-size bed, spacious bathroom, and an open concept kitchen, dining and living area. This unit is also one of the few cottages that offer a large private deck great for coffee, barbecues or just taking in the fresh ocean air. Suitable for seasonal living, a summer escape or investment property. If you chose to rent, the onsite management fee is incorporated into your association dues so you are able to keep 100% of your rental income. Watercrest offers an in-ground pool, play area, basketball & volleyball courts, coin-op laundry, & easy access to everything this seaside community has to offer! Call today!
PrimeMLS #4408228
Apr 16, 2015
Sold
$74,300
$188/sq ft
Mar 29, 2015
Delisted
—
Mar 20, 2015
Listed
$75,000
$189/sq ft
MREIS #1206360
Apr 16, 2015
Sold
$75,000
$189/sq ft
Mar 11, 2015
Listed
$75,000
$189/sq ft
Rental income and a Summer/Fall retreat in one. This is a great opportunity to have a truly hands off rental property with potential ROI of 8% and greater. The main office will rent your cottage. You provide the parameters and receive 100% of the rental income. You can rent daily, multi day minimum, or weekly minimums, your choice. Also, a great place to turn off the cell phone and relax by the pool or at the beach. What an opportunity at a great value!!! (Furniture Included)
MREIS #999068
Dec 20, 2010
Listed
$84,900
$214/sq ft
MREIS #977156
May 25, 2010
Listed
$99,900
$252/sq ft
MREIS #951212
Sep 28, 2009
Listed
$102,500
$259/sq ft
MREIS #898925
Jun 24, 2008
Listed
$119,900
$303/sq ft
MREIS #770093
Oct 13, 2005
Listed
$141,900
$358/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,058 (+6.2%)
$100,930 + $62,890
$163,820
2024
$996 (+2.0%)
$100,930 + $62,890
$163,820
2023
$976 (+15.0%)
$100,930 + $62,890
$163,820
2022
$849 (−0.6%)
$45,900 + $35,260
$81,160
2021
$854 (+2.8%)
$45,900 + $35,260
$81,160
2020
$831 (+7.8%)
$45,900 + $33,380
$79,280
2019
$771 (+1.0%)
$45,900 + $28,060
$73,960
2018
$763 (+1.6%)
$45,900 + $28,060
$73,960
2017
$751 (+0.9%)
$45,900 + $28,060
$73,960
2016
$744 (+1.1%)
$45,900 + $28,060
$73,960
2015
$736 (+4.7%)
$45,900 + $28,060
$73,960
2014
$703
$45,900 + $28,060
$73,960
Tax history for 1277 Post Rd #160
Year
Property tax
Land + Additions
Assessment*
2025
$1,058 (+6.2%)
$100,930 + $62,890
$163,820
2024
$996 (+2.0%)
$100,930 + $62,890
$163,820
2023
$976 (+15.0%)
$100,930 + $62,890
$163,820
2022
$849 (−0.6%)
$45,900 + $35,260
$81,160
2021
$854 (+2.8%)
$45,900 + $35,260
$81,160
2020
$831 (+7.8%)
$45,900 + $33,380
$79,280
2019
$771 (+1.0%)
$45,900 + $28,060
$73,960
2018
$763 (+1.6%)
$45,900 + $28,060
$73,960
2017
$751 (+0.9%)
$45,900 + $28,060
$73,960
2016
$744 (+1.1%)
$45,900 + $28,060
$73,960
2015
$736 (+4.7%)
$45,900 + $28,060
$73,960
2014
$703
$45,900 + $28,060
$73,960
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2020
Sq. Ft.
396
Year built
1989
Style
Condo/Co-op
County
York County
APN
13051
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Common
Interior
Bathroom Information
# of Baths (Full): 1
Room 1 Information
Type: Den
Level: First
Room 2 Information
Type: Bedroom 1
Level: First
Interior Features
# of Rooms: 2
Flooring: Vinyl, Tile
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Total Building Area (Sq. Ft.): 396
Building Area Source: Public Records
Property Information
Property Sub Type: Condominium
Year Built: 1989
Above-Grade Finished Area (Sq. Ft.): 396
Lot Information
Lot Size (Sq. Ft.): $3,484.80
Lot Size (Acres): 0.08
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Level, Abuts Conservation, Intown, Near Public Beach, Near Shopping
Zoning: GB
Financial
Tax Information
Annual Tax Amount: $831
Tax Year: 2020
Utilities
Utility Information
Has Heating
Heating: Direct Vent Heater
Has Cooling
Cooling: Wall/Window Unit(s)
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Tankless
Location
Multi-Unit Information
# of Units in Community: 1
HOA Information
Has Association
Association Fee: $644.11
Association Fee Frequency: Quarterly
Location Information
Unparsed Address: 1277 Post Road 160, Wells, ME 04090
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 396
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1989
Year Renovated: 2020
County: York County
APN: 13051
Home facts updated by county records on Jul 30, 2026