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341 Ocean Avenue

Wells, ME 04090

Name: Open House: 9am-11am
Start: 2024-11-24T09:00:00
End: 2024-11-24T11:00:00
Location: 341 Ocean Avenue

3 beds
2 baths
1,200 sqft
1,306 sqft lot
$1,875 per sqft
1920 build
– on site

Introducing ''The Happinest,'' a unique three-story, year-round detached condo with beach rights to the low water mark on one of Maine's most sought-after PRIVATE beaches. With 50 feet of owned waterfront on Moody Beach and a beautifully maintained common area, this four-unit association offers low fees, allows rentals and pets with minimal restrictions, and has some of the lowest property taxes on the beach — perfect for beachfront living or investment. The inviting living room provides ample space for relaxation, and the kitchen features an eat-in dining area with generous cabinet space. Your private, fenced patio invites you outdoors and just steps beyond your gate along the paver walkway are the common area and the association's private stairway onto the sandy beach. The second floor includes a bright primary bedroom with a private balcony offering ocean views, a second bedroom, a laundry station, and a full bathroom with a whirlpool tub. The third floor is a more recent addition featuring a versatile bonus area ideal for an office or playroom with more stunning ocean views, and a third spacious bedroom totaling sleeping room for eight - which has provided a strong rental history. Further updates include recessed lighting, Andersen sliding glass doors, and mini-splits for efficient heating and cooling beyond the central heating system. Located just minutes to a variety of dining, shopping, and entertainment options including the beautiful Ogunquit downtown. The low expenses, strong rental interest, private beach access, and proximity to local attractions make this property an excellent opportunity for seasonal or year-round Maine living.

Listing courtesy of MREIS / East Key Realty

Last checked: Checking… • Last updated Nov 20, 2024 •

MLS# 1607373 —

Upcoming Open Houses

Sunday, 11/24
9am-11am

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The Building

Year Built:

1920
Construction Materials:

Shingle Siding, Wood Frame
Roof:

Shingle
Basement:

Crawl Space, Not Applicable
Unit Number:

1
Direction Faces:

None
Window Features:

None
Building Features:

None
Patio And Porch Features:

Patio
Building Area Total:

1200.0
Building Area Source:

Public Records

Interior

Rooms Total:

6
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Lot Features:

Level, Open Lot, Abuts Conservation, Near Public Beach, Near Shopping, Near Town, Neighborhood
Lot Size:

1,306 Sqft
Lot Size Area:

0.03
Lot Size Acres:

0.03
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

RB
Property Attached:

No
View:

Scenic
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

true
Fencing:

Fenced
Road Surface Type:

Paved
Waterfront Features:

Ocean
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$4,340

Beds

Bedrooms Total:

3

Baths

Full Baths:

2
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Virtual Tour URL Unbranded:

https://my.matterport.com/show/?m=uCdpAm1qMw1

Heating & Cooling

Heating:

Heat Pump, Baseboard
Heating:

true
Cooling:

true
Cooling:

Heat Pump

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Water Body Name:

Atlantic Ocean
Pets Allowed:

No Restrictions
Association Amenities:

None
Association Fee Includes:

None
Association:

true
Association Fee:

91.0
Association Fee Frequency:

Monthly
# of Units In Community:

1

Parking

Garage:

false
Attached Garage:

false
Carport Spaces:

None
Parking Features:

1 - 4 Spaces, Gravel, On Site, Off Street

Monthly cost estimate

Asking price

$2,250,000

Expense	Monthly cost
Mortgage	$12,048
Taxes	$361
Insurance	$618
HOA fees	$91
Utilities	$366 See report
Total	$13,484/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
11/17/24 Nov 17, 2024	Price Changed	MREIS	$2,250,000	-10.0%
10/20/24 Oct 20, 2024	Listed / Active	MREIS	$2,499,000

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This condo located in Wells, ME 04090 is currently for sale for $2,250,000. 341 Ocean Avenue is a 1,200 square foot condo with 3 beds and 2 baths that has been on Estately for 33 days. This condo is in the attendance area of Wells High School, Wells Elementary School, and Wells Junior High School.

Listing Provided Courtesy of East Key Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

341 Ocean Avenue

Wells, ME 04090