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Listed by The Maine Real Estate Experience, Michelle Lachance. (603) 387-0579

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542 Ocean AvenueWells, ME 04090

Active
$1,295,000
4
2
1,536 SqFt

This unique property has endless possibilities that includes having your own beach house and an additional income property, Investment property or make into condominiums. The front of the home has views of the Atlantic Ocean, and the back has a large grassy yard abutting the marsh of Rachel Carson wildlife preserve with a ton of wildlife and amazing sunsets. The current home has 2 units front and back with 2 bedrooms and 1 bath in each unit. This property is a legal two-family lot, so if you're creative you can have income and your dream home all in one. The beautiful sand of Moody Beach is a 300-yard walk to public way 3. This is a must see if you're looking to enjoy Moody Beach as your summer home, income property, investment as both units are currently rented year-round, weekly from May to October and monthly in the winter months. Driveway is a combination of pavement and pavers in parking area which can hold 6-8 vehicle's. This home comes fully furnished and ready to move in or rent. This home has been lifted with an elevation certificate. The utilities have been separated by unit except for Water and sewer. Each unit has reservations for summer rentals with immediate income to buyers.


FACTS & FEATURES

  • Property Type:
    Residential
  • Architectural Style:
    Ranch
  • Bedrooms:
    4
  • Bathrooms:
    2
  • Dwelling Size:
    1,536 SqFt
  • Lot Size:
    0.15 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1968
  • Interior Features:
    1st Floor Bedroom, Bathtub, One-Floor Living
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 0
    Features: 5 - 10 Spaces, Other, Paved, On Site
  • Area:
  • Views:
  • Schools:
    High School(s): Wells-Ogunquit CSD
  • HOA:
  • Senior Community:
  • Heating:
    Multi-Zones, Direct Vent Heater, Baseboard
  • Cooling:
    Other
  • Appliances:
    Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Fireplace:
    Fireplace(s): 0
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
    Pillar/Post/Pier, Concrete Perimeter
  • Roof:
    Shingle

LOCATION


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Listing Office: The Maine Real Estate Experience. Listing Agent: Michelle Lachance. Listing ID: 1617462

Last Updated April 15, 2025 4:25 PM
Data last checked against MREIS on April 21, 2025 3:52 PM

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. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.

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