511 Ocean Avenue, Wells, ME 04090 (MLS# 1627236)
511 Ocean Avenue, Wells, ME 04090
$1,700,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,784
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$1,700,000
List Date:
6/19/2025
Last Modified:
8/20/2025
Description
For the first time since 1940, 'Althea'—one of the original Moody Beach cottages—is available for sale, and it's ready to write its next chapter.
This rare coastal treasure offers 2,784 square feet of flexible living, including 5 bedrooms, 3 full baths, and an oversized deck perfect for gathering, lounging, or stargazing. Nestled just steps from the private beach access reserved for waterfront residents, this home blends the warmth of a close-knit beach community with the serenity of your own coastal escape.
Set up as a versatile two-unit property, you have endless options: live in one side and rent the other, welcome extended family with comfort and privacy, or maximize rental potential in a highly sought-after location. With ample parking and modern upgrades woven into its original charm, this property is as functional as it is nostalgic.
Whether you're envisioning a cherished family legacy, an income-generating investment, or a peaceful year-round retreat, Althea delivers the best of classic Maine living—timeless, inviting, and full of possibility.
Own a slice of Moody Beach history and make it your own coastal legacy. Private showings now available—don't let this landmark property slip away.
Supplements: ********
More Information MLS# 1627236
Property Sub-Type
Property Sub-Type: Single Family Residence
Location Information
Street #: 511
Street Name: Ocean
Street Type: Avenue
County: York
Town: Wells
State/Province: ME
Zip Code: 04090
Zip +4: 3912
Leased Land: No
Book: 17861
Page: 631
Map: 112
Lot: 161
Zoning: RB
Zoning Overlay: No
Association: No
Full Tax Amount $: 17758
Tax Year: 2023
Tree Growth Y/N: No
Geo Lat: 43.283097
Geo Lon: -70.576124
Contract Information
Status: Closed
Original List Price: 2100000
Sold Price: $1,700,000
Current Price: $1,700,000
Property Information
Surveyed: Unknown
Seasonal: No
# Rooms: 11
# Bedrooms: 5
# Fireplaces: 1
Total Full Baths: 3
Total Baths: 3
Color: Charcoal
Year Built: 1930
SqFt Finished Above Grade: 1904
SqFt Finished Below Grade: 880
SqFt Finished Total: 2784
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.18
Source of Acreage: Public Records
Status Change Info
Pending Date: 2025-07-31
Closed Date: 2025-08-15
Closed Price: 1700000
Water Info
Water Frontage: Yes
Waterfront Amount: 57
Water Frontage Owned: 57
Water View: Yes
Water Body Name: Atlantic Ocean
Source of Water Frontage
Waterfront Other Source: Atlantic Ocean
Property Features
Site: Level; Other Site
Location: Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Near Town; Neighborhood
Roads: Paved; Public
Source of Water Frontage: Other
Water Body Type: Ocean
Recreational Water: Beach Rights; Oceanfront
View: Scenic
Appliances Included: Dishwasher; Dryer; Gas Range; Refrigerator; Washer
Style: A-Frame
Structure Type: Duplex
Construction: Wood Frame
Basement: Crawl Space; Slab
Basement Entry: Not Applicable
Roof: Shingle
Exterior: Shingle Siding; Wood Siding
Heat System: Forced Air; Other
Water Heater: Electric
Cooling: Other; Window Unit(s)
Floors: Tile; Vinyl
Amenities: 1st Floor Bedroom; Laundry - 1st Floor
Patio and Porch Features: Deck; Glassed-in Porch; Porch
Driveway: Paved
Parking: 5 - 10 Spaces
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Other Gas
Sewer: Public Sewer
Water: Public
Room Information
Bedroom 1
Level: First
Bedroom 2
Level: Second
Bedroom 3
Level: Second
Bedroom 4
Level: First
Kitchen
Level: First
Living Room
Level: First
Sunroom
Level: First
Other Room 2
Level: First
Bedroom 5
Level: First
Mud Room
Level: First
Dining Room
Level: First
Listing Office: Berkshire Hathaway HomeServices Verani Realty
Last Updated: August - 20 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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