Active
474 Days on market
20 Bank Street Wellfleet — Photo 1 of 42

20 Bank Street Wellfleet — Photo 1 of 42

Recent Drop: $200,000

$1,350,000
$1,150,000

$1,150,000

20 Bank Street, Wellfleet, MA 02667

Wellfleet, MA 02667 — Wellfleet (village)

Beds

2

Baths

1.5

SqFt

3,119

Style

Single Family

Built

1945

$200,000 PRICE IMPROVEMENT! A rare opportunity to own the iconic Blue Heron Gallery in the heart of Wellfleet, just steps from Main Street. Originally built as a Truro cottage in 1946 and relocated here in the 1970s, this distinctive property blends history, charm, and opportunity. Zoned for both Commercial and Residential use, it offers endless possibilities—continue as a gallery or boutique, create a live/work space, or convert to a residence (buyer to verify all uses). Beautiful gardens enhance the setting, with restaurants, galleries, boutiques, the harbor, and Wellfleet's famous oysters just moments away. Recent improvements include a newer roof, updated windows, Azek trim, and refreshed landscaping. Price reflects current condition. Buyer to complete septic repair after closing at buyer's expense. Board of Health-approved repair plan in hand; estimated cost $6,000-$8,000. Buyer to perform own due diligence.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$369/sqft
Local Avg (Wellfleet)$552/sqft
33% BelowMarket Average

* Analysis is based on 17 actively listed and recently sold comparable properties strictly within Wellfleet, MA.

Property Details

Financials

Original Price$1,350,000
Annual Taxes$4,573

Parking

Garage1
Off-Street11

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Carpet
BasementPartial, Crawl Space

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPrivate
SewerInspection Required for Sale, Other

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar, Slab
ZoningMulti-Use

Property & Lot

Acres0.26
SqFt Lot11,325
Lot FeaturesCleared, Level

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Refrigerator

Neighborhood

Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Bike Path

Geography

Property History

Price Drop
$1,150,000

Was $1,350,000

Jul 1, 2026

MLS® 73379350

Listed
$1,350,000

May 23, 2025

MLS® 73379350

Listed
$1,150,000

May 23, 2025

MLS® 73379351

Terminated
$1,350,000

May 23, 2025

MLS® 73242198

Terminated
$1,350,000

May 23, 2025

MLS® 73242251

Listed
$1,350,000

May 24, 2024

MLS® 73242198

Listed
$1,350,000

May 24, 2024

MLS® 73242251

Population

3,961

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$121K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

16.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Barnstable County

513 housing units permitted in the last 12 months (-50% vs the prior 12 months) — 128 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,119 sq ft principal dwelling). Lot size: 11,325 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Dawn Lee

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73379350

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