835 Ocean AVE, Wells, ME 04090
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835 Ocean AVE, Wells, ME 04090
835 Ocean AVE, Wells, ME 04090
835 Ocean AVE, Wells, ME 04090
835 Ocean AVE, Wells, ME 04090
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Listed by Anchor Real Estate Anchor Real Estate
$ 650,000
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Open Sat 1PM-3PM

835 Ocean AVE Wells, ME 04090

3 Beds

1 Bath

884 SqFt


Open House

Sat Aug 15, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 884 sqft

Price per Sqft $735

MLS Listing ID 1661953

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1935

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 884

Property Description

Located on the corner of Ocean Avenue and Eldridge Road, this unique coastal offering includes an existing 884 square foot ranch-style home situated on approximately .26 acres just a short walk to Wells Beach. Originally built in 1935, the home features 3 bedrooms, 1-bathroom, public water, and public sewer, along with frontage on both Ocean Avenue and Eldridge Road. Seasonal marsh views and a highly desirable location near the coast create immediate appeal for investors, builders, or buyers looking to secure property in one of Wells' most sought-after beachside neighborhoods.

Subject to local approvals, buyers may choose to renovate the existing structure, replace it with a new single-family residence, or remove the home entirely to construct a duplex allowing for two residential units. This flexibility creates several potential strategies including personal use, vacation ownership, long-term rental income, condominium conversion, build-and-sell opportunities, or a long-term investment hold. Potential future changes to accessory dwelling unit (ADU) regulations may further enhance the property's versatility and value.

The referenced parcel division is being utilized strictly for marketing purposes and has not been formally created or recorded. Buyers also can purchase the entire undivided parcel, which offers expanded redevelopment possibilities similar to those described above, including the potential for additional lot configurations and increased overall unit yield, subject to local approvals. Few opportunities in Wells offer this combination of location, infrastructure, and redevelopment potential so close to the coast. Call today for more information!

Location

State ME

County York

Zoning RB

Direction Interstate 95 to Wells Exit #19, Route 109 east to Route 1, Route 1 south for approximately 2.2 miles to Eldridge Road on right and then follow Eldridge Road .7 mile to Ocean Ave on right. 835 Ocean Avenue is on the corner of Eldridge and Ocean Avenue.

Rooms

Basement Bulkhead, Interior Entry, Full, Unfinished

Interior

Interior Features 1st Floor Bedroom, Attic, Storage

Heating Oil, Forced Air

Cooling None

Flooring Wood, Linoleum

Equipment Cable, Internet Access Available

Fireplace No

Appliance Gas Range, Refrigerator, Washer

Laundry Main Level

Exterior

Parking Features Gravel, 5 - 10 Spaces, On Site

Waterfront Description Nearby,Public

View Scenic

Roof Type Shingle

Garage No

Building

Lot Description Near Country Club, Near Public Beach, Near Shopping, Corner Lot, Level, Open Lot

Foundation Stone, Poured Concrete

Water Public

Architectural Style Ranch

Schools

School District Wells-Ogunquit Csd

Others

Tax ID WLLS-000115-000000-000163


Maine MLS (MREIS) IDX

NEARBY SCHOOLS & PROPERTIES

Radka Meader

Radka Meader

Broker Associate | License ID: BA921160

+1(603) 502-3544

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835 Ocean AVE