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  • Price cut: $200K (7/11)
    $1,900,000

    511 Ocean Avenue, Wells, ME 04090

    5beds
    2,784sqft
    : 
    Single Family Residence
    Built in 1930
    7,840.8 Square Feet Lot
    $1,821,700 Zestimate®
    $682/sqft
    $-- HOA

    What's special

    For the first time since 1940, 'Althea'—one of the original Moody Beach cottages—is available for sale, and it's ready to write its next chapter. This rare coastal treasure offers 2,784 square feet of flexible living, including 5 bedrooms, 3 full baths, and an oversized deck perfect for gathering, lounging, or stargazing. Nestled just steps from the private beach access reserved for waterfront residents, this home blends the warmth of a close-knit beach community with the serenity of your own coastal escape. Set up as a versatile two-unit property, you have endless options: live in one side and rent the other, welcome extended family with comfort and privacy, or maximize rental potential in a highly sought-after location. With ample parking and modern upgrades woven into its original charm, this property is as functional as it is nostalgic. Whether you're envisioning a cherished family legacy, an income-generating investment, or a peaceful year-round retreat, Althea delivers the best of classic Maine living—timeless, inviting, and full of possibility. Own a slice of Moody Beach history and make it your own coastal legacy. Private showings now available—don't let this landmark property slip away.
    28 days
    on Zillow
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    |
    72
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    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 08:00am

    Listed by:

    Berkshire Hathaway HomeServices Verani Realty

    Source: Maine Listings,MLS#: 1627236MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 511 Ocean Avenue.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: First
    Bedroom 5
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Mud room
    • Level: First
    Other
    • Level: First
    Sunroom
    • Level: First
    Heating
    • Other, Forced Air
    Cooling
    • Other
    Appliances
    • Included: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
    • Laundry: Laundry - 1st Floor, Main Level
    Features
    • 1st Floor Bedroom
    • Flooring: Vinyl, Tile
    • Basement: Crawl Space
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,784
    • Total interior livable area: 2,784 sqft
    • Finished area above ground: 1,904
    • Finished area below ground: 880

    Property

    Parking
    • Parking features: 5 - 10 Spaces, Paved
    Features
    • Patio & porch: Deck, Glass Enclosed, Porch
    • Has view: Yes
    • View description: Scenic
    • Body of water: Atlantic Ocean
    • Frontage length: Waterfrontage: 57,Waterfrontage Owned: 57
    Lot
    • Size: 7,840.8 Square Feet
    • Features: Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
    Details
    • Parcel number: WLLSM112L161
    • Zoning: RB

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: A-Frame
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Shingle Siding, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Wells

    Financial & listing details

    • Price per square foot: $682/sqft
    • Tax assessed value: $2,979,480
    • Annual tax amount: $17,758
    • Date on market: 6/19/2025
    • Road surface type: Paved
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