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257 Ocean Avenue , Wells, ME 04090

$4,995,000
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BEDS7 BATHS3 full SQUARE FEET2,108 MLS#1682113
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLWells-Ogunquit CSD

Property Description

An exceptional opportunity to create something truly your own on one of Southern Maine's most desirable stretches of beach. This prime building lot on Moody Beach offers a rare blank canvas for a custom dream home, magnificent family compound, or an exceptional income producing vehicle. The property currently includes two vintage cottages and a sizable outbuilding that have reached the end of their useful lives. Plans are already in place for an exquisitely designed enclave featuring two separate dwellings connected by an elegant catwalk, conceived by a renowned local architect. The design work has been completed and the permitting process is underway, providing a significant head start for the next owner. Adding to the possibilities, the offering includes three additional lots directly across the street, with serene vistas of the Ogunquit River and the ever changing salt marsh. These parcels create exciting potential for additional homes for family and friends, guest accommodations, or substantial off-street parking. The possibilities are extraordinary. Move forward with the thoughtfully conceived architectural plans already in hand, or engage your own architect to create a vision uniquely suited to your needs. And then there is Moody Beach itself. From your doorstep, walk the sand all the way to Ogunquit and enjoy everything this beloved Southern Maine coastal community has to offer. Nearby are countless casual and fine dining options, boutique shopping, galleries, summer theater, boating, golf, and unlimited recreational opportunities. Portland and Portsmouth are approximately 45 and 30 minutes away, respectively, while the charming seaside communities of York and Kennebunkport are each about 20 minutes in either direction. For those who have been waiting for the right opportunity to build an extraordinary summer escape or year-round waterfront retreat, this is a rare chance to create something truly special on Moody Beach.

257 Ocean Avenue | MLS# 1682113

This single family home located at 257 Ocean Avenue , Wells, ME 04090 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $4,995,000. This property was built in 1920 and has 7 bedrooms and 3 full baths with 2108 sq. ft. Ocean Avenue is located within the Wells-Ogunquit CSD school district. Search Wells real estate on www.masiellogrouprealestate.com today.

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Property Features

Property Type: Residential - Single Family
Basement: Not Applicable, None
Heating: No Heat Fuel, None
Home Style: Cottage
Lot Size: 0.62 Acres
Roof Type: Shingle
Taxes: $19,127
Year Built: 1920

Feature Descriptions

Electric: Circuit Breakers
Exterior: Wood Frame, Other, Shingle Siding
Flooring: Other, Vinyl, Wood
Lot: Abuts Conservation, Near Country Club, Near Golf Course, Near Turnpike/Interstate, Near Town, Near Railroad, Open Lot, Rolling Slope
Parking: Gravel,5 - 10 Spaces
Sewer: Public Sewer
Special View Info: Scenic
SQ FT Above Grade: 2108
SQ FT Below Grade: 0
Total Rooms: 10
Water: Public
Water Body Name: Atlantic

Local Schools

School District: Wells-Ogunquit CSD

Listed By / Shown By

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Listed By

Agency Name: Better Homes & Gardens Real Estate/The Masiello Group
Agent Name: Peter Larochelle
Agency Phone: (207) 468-7335

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Estimated Payment

$ 14,167.50 per month $11,116.70 Principal & Interest $1,593.92 Property Tax $1,456.88 Homeowner's Insurance

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