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
511 Ocean Avenue, Wells, ME 04090- MLS# 1627236
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