0 Ocean AVE Wells, ME 04090
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1661952
Construction Status Proposed,Raw Land
HOA Y/N No
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Source Maine Listings
Property Description
Subject to local approvals, the parcel may support the construction of a new single-family residence or duplex allowing for up to 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 may offer 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.
Exterior
Parking Features Gravel, 5 - 10 Spaces, On Site
Waterfront Description Nearby,Public
View Scenic
Building
Lot Description Near Country Club, Near Public Beach, Level, Open Lot
Water Public
Construction Status Proposed,Raw Land
Schools
School District Wells-Ogunquit Csd
Others
Tax ID WLLS-000115-000000-000163
Nearby Locations
Please Contact Me For More Information.