Active
500 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.

Key facts

It was listed on May 23, 2025. The price has come down from an original $1,350,000 to $1,150,000, most recently on July 1, 2026. The annual property taxes are $4,573 (2025 tax year). It sits on a 0.26-acre (11,325 sq ft) lot.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$369/sqft
Local Avg (Wellfleet)$545/sqft
32% 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

Questions about this home

When was 20 Bank Street, Wellfleet listed?

20 Bank Street, Wellfleet was listed on May 23, 2025.

Has the price of 20 Bank Street, Wellfleet changed?

The price has come down from an original $1,350,000 to $1,150,000, most recently on July 1, 2026.

What are the property taxes for 20 Bank Street, Wellfleet?

The annual property taxes for 20 Bank Street, Wellfleet are $4,573 (2025 tax year).

How big is the lot at 20 Bank Street, Wellfleet?

20 Bank Street, Wellfleet sits on a 0.26-acre (11,325 sq ft) lot.

What is the status of 20 Bank Street, Wellfleet?

20 Bank Street, Wellfleet is actively listed for sale.

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

505 housing units permitted in the last 12 months (-51% vs the prior 12 months) — 123 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '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