Active
454 Days on market
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)$533/sqft
31% BelowMarket Average
* Analysis is based on 16 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
Terminated
$1,350,000
May 23, 2025
MLS® 73242251
Terminated
$1,350,000
May 23, 2025
MLS® 73242198
Listed
$1,350,000
May 24, 2024
MLS® 73242251
Listed
$1,350,000
May 24, 2024
MLS® 73242198
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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