341 Ocean Avenue #1 Wells, ME
$1,999,000
Beds 3
Baths 2
Square Footage 1,200
Acres 0.03
Description
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.
Listed by East Key Realty, Ali Stewart 603-787-3155
Details
MLS 1607374
Status Active
Price $1,999,000
DOM 53 days
Type Single Family
Style Saltbox
Beds 3
Total Baths 2 full baths
Square Feet 1,200 sqft
Lot Size 0.03 acres
Year Built 1920
Taxes Paid $4,340
Assoc Fee $91
Lot & Building Features
Assoc Fee $91
Cooling Heat Pump
Tax Year 2023
Taxes Paid $4,340
Room Details
Bedroom 1 Second floor
Bedroom 2 Second floor
Bedroom 3 Second floor
Bonus Room Third floor
Kitchen First floor
Living Room First floor
Basement Description Crawl Space, Not Applicable
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
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Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.