A
stunning oceanfront home in Kennebunkport, Maine, has sold for a record-breaking $12 million in just 90 minutes. The property, which boasts breathtaking views of the ocean and features walls of windows facing the water, was described by realtors as a "one-of-a-kind" blend of classic coastal elegance and luxury.

    The 5,000-square-foot home, located at 267 Ocean Avenue, spent a short time on the market before being snatched up for the highest price York County has ever seen. The buyer, a Chicago-based industrialist with significant ties to Maine, signed the contract before even viewing the property and toured it two weeks after signing.

    The interior of the home was restored in 2016 and features a midcentury modern aesthetic with pops of bold colors contrasting white walls. Each bedroom is equipped with windows facing out onto the ocean for stunning views, and the bathrooms and bedrooms follow a sleek and minimalist design.

    The property boasts five bedrooms, four full baths, an all-white sleek kitchen, and a large sitting room with a built-in fireplace. The home also features wood paneling on walls and ceilings, as well as a cozy lounge area with warm-oak wood paneling.

    Located on 1.1 acres of land, the property sits 20 feet above the water and has more than 200 feet of coastline. The buyer's decision to purchase the property was likely driven by its unique charm and stunning views, which Gaynor described as a "punch-in-the-mouth" surprise.

    The property overlooks Walker's Point, a nine-acre compound that was purchased by former President George H.W. Bush in 1977 and has remained in the family ever since. The compound features eight other buildings, including homes for all five of Bush's children, as well as a swimming pool, tennis court, art studio, and horseshoe pit.