Wells, ME 04090 542 Ocean Avenue

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Presented By: The Maine Real Estate Experience;
  • MLS# 1617465
  • 03/30/2025
  • Request Tour
  • Request Info
  • Baths • 2
  • SQFT • 1,536

Home Details

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.
Presented By: The Maine Real Estate Experience;

Interior Features for 542 Ocean Avenue

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

Above Grade Finished Area1536.0
Air Conditioning Y/NYes
BasementWalk-Out Access, Sump Pump, Exterior Only, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
FlooringVinyl
Furnished Y/NFurnished
Heating Y/NYes
Interior Amenities1st Floor Bedroom, Bathtub, One-Floor Living
Laundry FeaturesLaundry - 1st Floor, Main Level
Total Fireplaces

General for 542 Ocean Avenue

Additional Parcels Y/NNo
Architectural StyleOther, Ranch
Attached Garage No
Body of WaterAtlantic Ocean
Carport Y/NNo
CityWells
Construction MaterialsVinyl Siding, Wood Frame
CoolingOther
CountyYork
ElectricCircuit Breakers
Electric On Property Y/NNo
Energy EfficientCeiling Fans
Full Baths2
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HeatingZoned, Direct Vent Heater, Baseboard
High School DistrictWells-Ogunquit CSD
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet6534.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Operating Expense0.0
Patio/Porch FeaturesDeck, Porch
Pets AllowedNo Restrictions
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeDuplex
Tax Annual Amount7529.0
Tax LotNA
Tax Year2024
UtilitiesUtilities On
Waterfront Y/NNo
Year Built1968
ZoningRB

Exterior for 542 Ocean Avenue

Building Area Total1536.0
Crops Included Y/NNo
Door FeaturesStorm Door(s)
Foundation DetailsPillar/Post/Pier, Concrete Perimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWell Landscaped, Open, Level, Abuts Conservation, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town
Lot Size Acres0.15
Lot Size Area0.15
Lot Size SourcePublic Records
Open Parking Y/NNo
Other EquipmentInternet Access Available, Cable
Parking Features5 - 10 Spaces, Paved, On Site
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Morgan Camplin

Loan Officer
Price $1,295,000
MLS#1617465
List Date 03/30/2025
Property Type Multi-Family
Phone 207.522.5241
Request Tour
Request Info
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