341 Ocean Avenue, Unit 1

Wells, ME 04090

$2,250,000
Price
3
Beds
2
Baths
1,200 Sq. Ft.
$1,875 / Sq. Ft.
1,200
Sq. Ft.
$1,875
per Sq. Ft.

Description

Introducing ''The Happinest,'' a unique three-story, year-round detached condo with beach rights to the low water mark on one of Maine's most sought-after PRIVATE beaches. With 50 feet of owned waterfront on Moody Beach and a beautifully maintained common area, this four-unit association offers low fees, allows rentals and pets with minimal restrictions, and has some of the lowest property taxes on the beach — perfect for beachfront living or investment. The inviting living room provides ample space...Introducing ''The Happinest,'' a unique three-story, year-round detached condo with beach rights to the low water mark on one of Maine's most sought-after PRIVATE beaches. With 50 feet of owned waterfront on Moody Beach and a beautifully maintained common area, this four-unit association offers low fees, allows rentals and pets with minimal restrictions, and has some of the lowest property taxes on the beach — perfect for beachfront living or investment. The inviting living room provides ample space for relaxation, and the kitchen features an eat-in dining area with generous cabinet space. Your private, fenced patio invites you outdoors and just steps beyond your gate along the paver walkway are the common area and the association's private stairway onto the sandy beach. The second floor includes a bright primary bedroom with a private balcony offering ocean views, a second bedroom, a laundry station, and a full bathroom with a whirlpool tub. The third floor is a more recent addition featuring a versatile bonus area ideal for an office or playroom with more stunning ocean views, and a third spacious bedroom totaling sleeping room for eight - which has provided a strong rental history. Further updates include recessed lighting, Andersen sliding glass doors, and mini-splits for efficient heating and cooling beyond the central heating system. Located just minutes to a variety of dining, shopping, and entertainment options including the beautiful Ogunquit downtown. The low expenses, strong rental interest, private beach access, and proximity to local attractions make this property an excellent opportunity for seasonal or year-round Maine living.
  1. Listed by Alexandra Stewart • East Key Realty

Property Details for 341 Ocean Avenue, Unit 1

Waterfront
Yes
Waterfront Features
Ocean
ArchitecturalStyle
Saltbox
Garage
No
Zoning
RB
View
Scenic
LISTING UPDATED: 11/25/2024 02:35 AM

Property Details for 341 Ocean Avenue, Unit 1

StatusActive
MLS #1607373
Days on Market44
Taxes$4,340 / year
HOA Fees$91 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1920
CountyYork County

Virtual Tour

Building Information for 341 Ocean Avenue, Unit 1

Building/Complex341 Ocean AveFloor-Stories-Residences4Pet Policy-Year Built1920

Property Information for 341 Ocean Avenue, Unit 1

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Zip Code: 3714
  • Directions: From I-95 Take exit 19, Turn left onto ME-109 S/State Rte 9 E to Rte 1. Turn right and travel 2.8 Miles on Rte 1. Turn left on Furbish Rd and follow to end. Turn right onto Ocean Ave, in 0.2 miles 341 Ocean Ave will be on your left.
  • Town: Wells
  • State/Province: ME
  • Zip Code: 04090
  • County: York
  • Geo Latitude: 43.278303
  • Geo Longitude: -70.580709
  • Tax Lot: 182
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Abuts Conservation: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Water Info:Waterfront Amount +: 50.00
  • Water Info:Water Frontage Owned: 50.00
  • Water Info:Water Frontage Shared: 50.00
  • Source of Water Frontage:Survey: Yes
  • Source of Water Frontage:Waterfront Other Source: Condo Declaration
  • Recreational Water:Beach Rights: Yes
  • Recreational Water:Deeded: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Waterfront Tidal: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 19154
  • Tax Block: 1
  • Tax Map Number: 0109
  • Tax Year: 2023
  • Parcel Number: WLLS-000109-000182-000000-000001
  • Location Information:Association Y/N: Yes
  • Tax Annual Amount: $4,340.00
  • Restrictions:No Restrictions: Yes
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1200.0
  • Lot Size Acres: 0.03
  • Source of Acreage: Public Records
  • Building Area Total: 1200.0
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1306.8
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 341
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:# Rooms: 6.00
  • Property Information:Total Half Baths: .00
  • Property Information:# Full Baths Basement: .00
  • Property Information:Source of Road Frontage: Public Records
  • Property Information:# Half Baths Basement: .00
  • Property Information:# Full Baths Level 1: 1.00
  • Property Information:# Half Baths Level 1: .00
  • Property Information:# Full Baths Level 2: 1.00
  • Property Information:# Half Baths Level 2: .00
  • Property Information:# Full Baths Level 3: .00
  • Property Information:# Half Baths Level 3: .00
  • Property Information:# Full Baths Upper: .00
  • Property Information:# Half Baths Upper: .00
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification: No
  • Condominium:Units in Building: 1
  • Condominium:Total Units: 4
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Residential,Condo
  • Property Type Label: Residential
  • Property Sub-Type: Condominium
  • Building Area Source: Public Records
  • Year Built: 1920
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Shingle Siding, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Patio: Yes
Interior Features
  • Basement: Crawl Space, Not Applicable
  • Interior Features: Bathtub, Pantry, Shower
  • Cooling: Heat Pump
  • Heating: Heat Pump, Baseboard
  • Foundation Details: Block
  • Laundry Features: Upper Level
  • Room Total: 6
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: Yes
  • Heating YN: Yes
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
Room 2
  • Room Type: Kitchen
  • Room Level: First
Room 3
  • Room Type: Bedroom 1
  • Room Level: Second
Room 4
  • Room Type: Bedroom 2
  • Room Level: Second
Room 5
  • Room Type: Bonus Room
  • Room Level: Third
Room 6
  • Room Type: Bedroom 3
  • Room Level: Second
Multi Family
Multi-Family Information
  • Number of Units: 4

Property History for 341 Ocean Avenue, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 341 Ocean Avenue, Unit 1

Taxable ValueLand$587,620Additions$140,620Total$728,240
Tax Record2023$4,340 ($362 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories2Lot Size1,473 SqFtStyleCondominiumYear Built1920Year Renovated1988ZoningRBCountyYORKAPNWLLS M:109 L:182-1

Schools near 341 Ocean Avenue, Unit 1

This home is within Wells-Ogunquit Community School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Wells Elementary School
PublicK to 4

Wells Junior High School
Public5 to 8

Wells High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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341 Ocean Avenue, Unit 1 is a condo for sale in Wells, ME 04090. This property was listed for sale on October 14, 2024 by East Key Realty, it's currently listed at $2,250,000. This listing's school district is Wells-Ogunquit Community School District. Nearby schools include Wells Elementary School, Wells Junior High School and Wells High School. 341 Ocean Avenue, Unit 1 is a 3-bed, 2-bath, 1,200 sqft condo built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of East Key Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.