$2,499,000

341 Ocean Ave Unit 1 Wells, ME 04090

Estimated payment $14,421/month

Total Views 7,944
3 Beds
2 Baths
1,200 Sq Ft
$2,082 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • 50 Feet of Waterfront
  • Saltbox Architecture
  • Wells Junior High School Rated A-
  • Public Beach
  • Bonus Room

About This Home

Introducing ''The Happinest,'' a unique three-story, year-round detached condo with beach rights to the low water mark on one of Maine's most sought-after PRIVATE beaches. With 50 feet of owned waterfront on Moody Beach and a beautifully landscaped common area, this four-unit association offers low fees, allows rentals and pets with minimal restrictions, and has some of the lowest property taxes on the beach — perfect for beachfront living or investment. The inviting living room provides ample space for relaxation, and the kitchen features an eat-in dining area with generous cabinet space. Your private, fenced patio invites you outdoors and just steps beyond your gate along the paver walkway are the common area and the association's private stairway onto the sandy beach. The second floor includes a bright primary bedroom with a private balcony offering ocean views, a second bedroom, a laundry station, and a full bathroom with a whirlpool tub. The third floor is an addition featuring a versatile bonus area ideal for an office or playroom with more stunning ocean views, and a third spacious bedroom totaling sleeping room for eight - which has provided a strong rental history. Features include recessed lighting and Andersen sliding glass doors. Located just minutes to a variety of dining, shopping, and entertainment options including the beautiful Ogunquit downtown. The low expenses, strong rental interest, private beach access, and proximity to local attractions make this property an excellent opportunity for seasonal or year-round Maine living.

Last Listed By

Ali Shea

East Key Realty Listed on: 04/16/2025

East Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 1920

Lot Details

  • 1,307 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Open Lot
  • Property is zoned RB

HOA Fees

  • $90 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Saltbox Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Balcony
  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 182 / 1
  • Assessor Parcel Number WLLS-000109-000182-000000-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,428

Year Built

Built in 1920

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Active
  • Directions: GPS Accurate - From I-95 Take exit 19, Turn left onto ME-109 S/State Rte 9 E to Rte 1. Turn right and travel 2.8 Miles on Rte 1. Turn left on Furbish Rd and follow to end. Turn right onto Ocean Ave, in 0.2 miles 341 Ocean Ave will be on your left.
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Saltbox
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1200.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Fence: Yes
  • Location Information:Association Fee: 540.97
  • Location Information:Fee Frequency Paid: Semi-Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Water Info:Water Frontage Shared -: 50.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Location:Abuts Conservation: Yes
  • Room Features:BalconyDeck17: Yes
  • Style:Saltbox: Yes
  • Recreational Water:Beach Rights: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 3
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Bathtub, Pantry, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Open, Level, Abuts Conservation, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Reserved Parking, 1 - 4 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 540.97
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: WLLS-000109-000182-000000-000001
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 4427.7
  • Tax Block: 1
  • Tax Book Number: 19154
  • Tax Lot: 182
  • Tax Map Number: 0109
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,340 $728,240 $587,620 $140,620
2022 $3,898 $372,640 $267,140 $105,500
2021 $3,902 $370,880 $267,140 $103,740
2020 $3,729 $355,860 $267,140 $88,720
2019 $3,708 $355,860 $267,140 $88,720
2018 $3,600 $355,230 $267,140 $88,090
2017 $3,609 $355,230 $267,140 $88,090
2016 $3,574 $355,230 $267,140 $88,090
2015 $3,535 $355,230 $267,140 $88,090
2013 $3,240 $355,230 $267,140 $88,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $2,499,000 0.0% $2,083 / Sq Ft
04/16/2025 04/16/25 For Sale $2,499,000 -- $2,083 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Misc Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $638,000 Purchase Money Mortgage
Previous Owner $520,000 Purchase Money Mortgage
Previous Owner $100,000 Unknown
Source: Public Records

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Source: Maine Listings

MLS Number: 1619165

Maine Listings

APN: WLLS-000109-000182-000000-000001

Maine York County Wells 04090

341 Ocean Ave Unit 1, Wells, ME

This home is located at 341 Ocean Ave Unit 1, Wells, ME 04090 and is currently priced at $2,499,000, approximately $2,082 per square foot. This property was built in 1920. 341 Ocean Ave Unit 1 is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

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Ali Shea
Listing Agent
Ali Shea
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East Key Realty
(207) 231-6212