835 Ocean Avenue, Wells, ME 04090
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
835 Ocean Avenue,Wells, ME 04090
$795,000
- 3 Beds
- 1 Baths
- 884 sq. ft.
- Single family
- Active
Listed by: anchor real estate
Office: anchor real estate
MLS#:1661953
Source:ME_MREIS
Price summary
- Price:$795,000
- Price per sq. ft.:$899.32
About this home
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!...
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Home facts
- Year built:1935
- Listing ID #:1661953
- Updated:May 13, 2026 at 03:47 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Flooring:Wood
- Kitchen Description:Gas Range, Refrigerator
- Bedroom Description:1st Floor Bedroom
- Basement Description:Bulkhead, Full, Unfinished
- Living area:884 sq. ft.
Heating and cooling
- Heating:Forced Air, Oil
Structure and exterior
- Year built:1935
- Building area:884 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Corner Lot, Level, Near Country Club, Near Public Beach, Near Shopping, Open
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Poured Concrete, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$795,000
- Price per sq. ft.:$899.32
- Tax amount:$5,075 (2025)
Features and amenities
- Appliances:Gas Range, Refrigerator, Washer
- Laundry features:Laundry - 1st Floor, Main Level, Washer
- Amenities:One-Floor Living, Storage
Parking
- Parking description:5 - 10 Spaces, Gravel, On Site
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