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Listed price in listed location currency (USD).
$695,000

000

MLS® 1661952

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $5,075
Days Active 1
Lot Size 
Approx. Age 
MLS® Number 1661952

Property Address: 0 Ocean Avenue, Wells, ME, 04090

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to secure a proposed vacant parcel on Ocean Avenue in Wells just a short walk to Wells Beach. Comprised of approximately .23 acres, this offering provides an exceptional chance to build in one of southern Maine's most sought-after coastal neighborhoods. With public water and sewer available and the potential for seasonal marsh views, the property offers immediate appeal for builders, investors, or buyers looking to create a custom coastal residence close to the beach. 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!
MLS® Number1661952
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$695,000List Price
  • Commute

Commute

Starting Address
Destination Address
0 Ocean Avenue, Wells, ME

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