542 Ocean Avenue

Wells

$1,295,000
ActiveMLS# 1617462
  • Single Family Residence
  • Built in 1968
  • 4 BR
  • 2 BA
  • 0.15 Acres
  • 1,536 SqFt
  • Ocean
  • Atlantic Ocean

This unique property has endless possibilities that includes having your own beach house and an additional income property, Investment property or make into condominiums. The front of the home has views of the Atlantic Ocean, and the back has a large grassy yard abutting the marsh of Rachel Carson wildlife preserve with a ton of wildlife and amazing sunsets. The current home has 2 units front and back with 2 bedrooms and 1 bath in each unit. This property is a legal two-family lot, so if you're creative you can have income and your dream home all in one. The beautiful sand of Moody Beach is a 300-yard walk to public way 3. This is a must see if you're looking to enjoy Moody Beach as your summer home, income property, investment as both units are currently rented year-round, weekly from May to October and monthly in the winter months. Driveway is a combination of pavement and pavers in parking area which can hold 6-8 vehicle's. This home comes fully furnished and ready to move in or rent. This home has been lifted with an elevation certificate. The utilities have been separated by unit except for Water and sewer. Each unit has reservations for summer rentals with immediate income to buyers.

  • Style Ranch
  • Year Built 1968
  • County York
  • City Wells
  • Lot Size 0.15 acres
  • Zone RB
  • Location Abuts Conservation, Intown, Near Golf Course, Near Public Beach, Near Town, Near Turnpike/Interstate, Neighborhood
  • School District Wells-Ogunquit CSD
  • Seasonal No
  • Water Frontage No
  • Water Body Type Ocean
  • Water Body Name Atlantic Ocean
  • Full Tax Amount $7,529.00
  • Tax Year 2024
  • Monthly Association Fee $0.00
  • Baths Total 2
  • Baths Full 2
  • SQFT Finished Above Grade 1536
  • Basement Sump Pump, Unfinished, Walk-Out Access
  • Amenities 1st Floor Bedroom, Bathtub, Laundry - 1st Floor, One-Floor Living
  • Appliances Included ENERGY STAR Qualified Appliances, Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Equipment Cable
  • Construction Wood Frame
  • Exterior Vinyl Siding
  • Color White
  • Foundation Materials Pillar/Post/Pier, Poured Concrete
  • Basement Sump Pump, Unfinished, Walk-Out Access
  • Roof Shingle
  • Floors Vinyl
  • Heat System Baseboard, Direct Vent Heater, Zoned
  • Heat Fuel Electric,Propane
  • Gas Bottled
  • Water Heater Electric,Gas,Tank
  • Electric Circuit Breakers
  • Water Public
  • Waste Water Disposal Public Sewer
  • Driveway Other, Paved
  • Parking 5 - 10 Spaces, On Site, Paved
  • Roads Paved, Public
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