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501 Ocean Avenue Wells, ME – SOLD!

$ 879.900
501 Ocean Avenue, ,
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Overview

  • Updated On:
  • October 2, 2020
  • 5 Bedrooms
  • 2 Bathrooms
  • 1,181.00 ft2
  • Year Built: 1930

Property Description

Original Turn of the Century Summer Beach Cottage on Sandy Moody (Ogunquit Beach) on a 4,587 Sq Foot Lot which is only 413 Sq feet Short of the Standard 5,000 Sq Foot Beach Lot. Do a Total Renovation on the 8 Room, 5 Bedroom Grandfathered Cottage. With the original open frame construction you can easily do an open Floor Plan Beach House. Also comes with a Small 2 car garage on a Separate Lot of Record That should be able to be Converted into a Separate Living Unit (Guest Quarters) with Permits.

The Cottage has Town Water and Sewer, Full Bath, Fireplace and is Ready for a complete Restoration. Take the Existing Cottage and Garage Down and Build Your Dream 3 Story Beach House. This is a Under Size 33 foot wide lot but you own 33 FEET OF the Beach to the Low Water Mark. A chance to get on Private Moody (Ogunquit) Beach at a More Reasonable Price.

VIRTUAL TOUR

Address: 501 Ocean Avenue
City:
State/County: ,
Zip: 04090
Country: United States
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Property Id : 10719
Price: $ 879.900
Property Size: 1,181.00 ft2
Rooms: 5
Bedrooms: 5
Bathrooms: 2
MLS ID: 1442583
Year Built: 1930
Property Type: Single Family Residence
Garages: Yes
Garage Size: 2 Car, Detached
Recreational Water: Water Frontage: Yes, Water Body Name: Atlantic, Beach Rights, Deeded, Oceanfront, Waterfront Tidal
Parking: 1 - 4 Spaces
Roofing: Pitched, Shingle
Basement: Crawl Space
Flooring: Wood
external construction: Clapboard, Wood Siding
Heating Type: No Heat System: Wood Fireplace
Cooling Type: None
Heat Fuel: Wood
Construction: Wood Frame
Location near:: Near Golf Course, Near Public Beach, Near Town
Amenities: Wood Burning Fireplace,
Water Heater: Electric
Appliances: Electric Range, 1st Floor Bedroom, Porch, Shower
Utilities: Internet Access Available
Style: Cottage
Stories: 3
Square Feet: 1,181 sqft
Lot Size (Acres): 4,587 Sq
Lot Description: Level, Open
Tax Amount:: $12,084 - 2018
Zoning: RB
$ 3,411.55
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,411.55

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Steve Weigel, Broker