511 Ocean Avenue Wells, ME
$2,100,000
Beds 5
Baths 3
Square Footage 2,784
Acres 0.18
Description
For the first time since 1940, the ''Althea,'' one of the original Moody Beach cottages, is on the market!
This rare coastal gem offers 2,784 square feet of flexible living space with 5 bedrooms, 3 full baths, an expansive deck, and ample parking—all just steps from the private beach area reserved exclusively for the waterfront residents. It's a truly unique setup that combines community charm with coveted seclusion.
Thoughtfully laid out as a two-unit property, the Althea presents an incredible opportunity to rent one side and live in the other, create a multi-generational family retreat, or simply stretch out and enjoy the full space for yourself.
The charm of its historic roots meets the practicality of modern updates, all set in one of Moody Beach's most beloved and tightly held neighborhoods. Whether you're looking to build an income-generating rental portfolio, host unforgettable gatherings, or create lasting family memories by the sea, this property delivers timeless coastal living with endless potential.
Don't miss your chance to own a piece of Moody Beach history and make it your legacy. Schedule your private tour today!
Listed by BHHS Verani Seacoast, Erica van Dissel 603-431-8977
Details
MLS 1627236
Status Active
Price $2,100,000
DOM 21 days
Type Single Family
Style A-Frame
Beds 5
Baths 3 full baths
Square Feet 2,784 sqft
Lot Size 0.18 acres
Year Built 1930
Taxes Paid $17,758
Lot & Building Features
Cooling Other, Window Unit(s)
Tax Year 2023
Taxes Paid $17,758
Room Details
Basement Description Crawl Space, Not Applicable
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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.