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$1,139,000   Price Analysis
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314 Ocean Ave
Wells, ME 04090
2 bed 1 bath 1,152 SqFt ($988/SqFt)
4,792SqFt lot. Built 1930
Listed 2024-04-19
May be USDA loan restricted due to income limits
near Wells

Classic Bungalow Style two/three bedroom cottage on a sunny and sizeable lot with terrific outdoor space and ample parking.

Open concept kitchen/dining room combination space, pleasing hardwood floors and a fantastic sunroom that could easily be con verted into a third bedroom. This adorable property offers a fabulous mid-beach location along Moody and also has a deeded easement across the street from the property with direct access to the beach shared with a few other homes. Easement provides access ONLY to the beach. Easement does not provide beach rights. This popular rental has been a consistent income producing property for the current owners.

Keep it all to yourself or rent for part of the year to cover some expenses. Enjoy the cottage as-is or put your finishing touches on this appealing property with a nw kitchen and bath. Large deck off of the kitchen allows for fantastic outdoor enjoyment with plenty of space for daytime or evening gatherings. There is also a substantial storage shed for beach toys and lawn and garden tools. Easy access to all of the area's many restaurants, galleries, shops and recreation. Only a 15 minute drive to the Kennebunks and a ten minute drive to Ogunquit Square. The charming working waterfront cities of Portland and Portsmouth are 45 and 30 minutes away. Great opportunity to be right across the street from one of the best beaches in Southern Maine!


Presented by Peter Larochelle at
Better Homes and Gardens Real Estate The Masiello Group.
Listing Agent Photo

Property MLS #1586814 from MaineListings

Bedrooms: 2
Bedroom 1 Level: First
Bedroom 2 Level: First

Total Rooms: 6
Basement Features: Crawl Space
Florida Room Level: First
Living Room Level: First

Total Bathrooms: 1
Full Bathrooms: 1

1st Floor Bedroom
Pantry

Washer
Refrigerator
Electric Range
Dryer
Disposal
Dishwasher

Heating Features: Direct Vent Heater
Heating: Yes
Number of Fireplaces: 1

Dining Room Level: First
Kitchen Level: First

Other Structures: Shed(s)
Patio And Porch Features: Deck

Lot Description: Level, Open Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
Lot Size Acres: 0.11
Lot Size Square Feet: 4792

Parking Features: Paved, On Site, Off Street

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 7290
Source Listing Status: Active
County: York
Directions: Route 1/Post Road to Furbish Road and then right onto Ocean Avenue
Tax Year: 2024
Source Property Type: Residential
Parcel Number: WLLS-000109-000000-000119
Postal Code Plus 4: 3707
Zoning: RB
Property Subtype: Single Family Residence
Source System Name: C2C

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Year Built: 1930
Above Grade Finished Area: 1152
Building Area Total: 1152
Building Exterior Type: Wood Siding, Wood Frame
Construction Materials: Wood Siding, Wood Frame
Foundation Details: Block
Property Age: 94
Roof: Shingle
Architectural Style: Bungalow

Sewer: Public Sewer
Water Source: Public

Wells Junior High School is a public elementary and middle school located approximately 2.9 miles away.
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Wells High School is a public high school located approximately 2.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.