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Listed price in listed location currency (USD).
$795,000

310

MLS® 1661953

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 884 sqft
Garage 
Taxes $5,075
Days Active 1
Lot Size 
Approx. Age 1935
Avg. Price Per Sqft $899
MLS® Number 1661953

Property Address: 835 Ocean Avenue, Wells, ME, 04090

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

Description

Located on the corner of Ocean Avenue and Eldridge Road, this unique coastal offering includes an existing 884 square foot ranch-style home situated on approximately .26 acres just a short walk to Wells Beach. Originally built in 1935, the home features 3 bedrooms, 1-bathroom, public water, and public sewer, along with frontage on both Ocean Avenue and Eldridge Road. Seasonal marsh views and a highly desirable location near the coast create immediate appeal for investors, builders, or buyers looking to secure property in one of Wells' most sought-after beachside neighborhoods. 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!
MLS® Number1661953
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1935
BasementBulkhead, Interior Entry, Full, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$795,000List Price
  • Commute

Commute

Starting Address
Destination Address
835 Ocean Avenue, Wells, ME

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