835 Ocean AVE Wells, ME 04090
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 $899
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
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, One-Floor Living, Storage
Heating Oil, Forced Air
Cooling None
Flooring Wood, Linoleum
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, 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
Nearby Locations
Please Contact Me For More Information.