835 Ocean AVE Active

Wells,ME 04090

$ 1395000

3 Beds

1 Bath

884 SqFt


Key Details

Property Type Residential

Sub Type Single Family Residence

Listing Status Active

Square Footage 884 sqft

Price per Sqft $1,578

MLS Listing ID 1639425

Style Ranch

Bedrooms 3

Full Baths 1

Year Built 1935

Annual Tax Amount $4,589

Tax Year 24

Lot Size 0.500 Acres

Property Sub-Type Single Family Residence

Property Description

A rare offering on Ocean Avenue in Wells —this half-acre corner lot at Ocean Avenue and Eldridge Road brings together location, size, and opportunity in a way few properties can. Just a short stroll from the beach, with seasonal marsh views and easy access to all that the Wells-Ogunquit area has to offer, this location is truly unmatched. With public water, sewer, and a preliminary survey already in place, the foundation is set for this property's next chapter.

There are multiple directions a buyer might take. One option is to start fresh—replacing the existing structure with a striking new single-family home or a duplex-style design that maximizes the lot. Another is to subdivide into three smaller parcels, each suitable for its own single-family residence. Or, the property could be divided into two larger conforming lots, each capable of supporting a more moderately sized single-family home or a duplex, opening the door to as many as FOUR units in total.

Equally appealing are the various exit strategies. You might choose to live in one home and sell the others, create a collection of coastal condominiums, or hold the property as a long-term investment. Should upcoming ordinance changes regarding accessory dwelling units (ADUs) be approved, even greater versatility and value could be unlocked.

Opportunities of this scale rarely surface this close to the coast in Wells. 835 Ocean Avenue is more than land—it's a blank canvas for investors, developers, and homeowners alike. The chance is here; the possibilities are endless. Call today to discuss this unique opportunity further!

Location

State ME

County York

Zoning RB

Rooms

Kitchen Eat-in Kitchen

Interior

Heating Forced Air

Cooling None

Flooring Wood

Equipment Internet Access Available,Cable

Laundry Laundry - 1st Floor,Main Level

Exterior

Parking Features 5 - 10 Spaces,Gravel,On Site

View Y/N Yes

View Scenic

Roof Type Shingle

Building

Lot Description Open,Corner Lot,Level,Near Golf Course,Near Public Beach,Near Shopping

Foundation Stone,Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Schools

School District Wells-Ogunquit Csd

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