$799,000
$56K PRICE DROP

404 Ocean Ave Unit 7 Wells, ME 04090

Estimated payment $5,343/month

Total Views 10,539
3 Beds
2 Baths
992 Sq Ft
$805 Price per Sq Ft

Highlights

  • Very Popular Property
  • Water Views
  • Public Beach
  • Wells Junior High School Rated A-
  • Nearby Water Access
  • Country Club

About This Home

BEACH ACCESS ON COVETED MOODY BEACH POSSIBLE. Just across from a public beach access point to the sand of sought after Moody Beach, this beautifully remodeled three-bedroom, two-bathroom condo on coveted Ocean Avenue in Wells is coastal living at its finest. Fully renovated in 2023 by Richard Moody & Sons, one of Southern Maine's most respected and sought-after builders, this property blends timeless craftsmanship with modern coastal elegance.

Inside, you'll find a bright and airy open-concept layout with high-end finishes throughout, offering comfort and style in every corner. Enjoy ocean breezes and views galore from the oversized private deck—perfect for relaxing after a day at the beach or entertaining guests. All this while boasting three parking spaces.

This condo boasts a phenomenal rental history in both peak summer months and the off-season, with bookings already secured for this season. Whether you're looking for a high-performing investment property, a year-round residence, or a vacation retreat, this turnkey unit checks every box.

Owner financing available.

Listing Agent

Dawson Sibley

RE/MAX Realty One Listed on: 07/02/2025

RE/MAX Realty One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1960

Lot Details

  • Public Beach
  • Open Lot

HOA Fees

  • $667 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 992 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Location

  • Property is near a golf course

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 131
  • Assessor Parcel Number WLLS-000109-000131-000000-000007

Community Details

Overview

  • 3 Units
  • Soft Sands Condominium Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,154

Year Built

Built in 1960

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Active
  • Subdivision Name: Soft Sands Condominium
  • Directions: GPS Friendly. From Exit 19 in Wells, turn left onto Chapel Road, turn Right onto US Route One, Turn Left onto Furbish Road, Turn Right onto Ocean Avenue - destination is on your right.
  • Above Grade Finished Sq Ft: 992.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 992.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 2000.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Foundation Materials:Slab: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 3
  • Kitchen Countertop:Granite: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Location:Near Country Club: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Reserved Parking, 1 - 4 Spaces, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2000.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wells-Ogunquit CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: WLLS-000109-000131-000000-000007
  • Zoning: RB

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3154.0
  • Tax Block: 131
  • Tax Book Number: 17740
  • Tax Lot: 7
  • Tax Map Number: 109
  • Tax Year: 2023

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 $3,154 $529,150 $407,630 $121,520
2022 $2,818 $269,360 $185,190 $84,170
2021 $2,834 $269,360 $185,190 $84,170
2020 $2,727 $260,240 $185,190 $75,050
2019 $2,712 $260,240 $185,190 $75,050
2018 $2,638 $260,240 $185,190 $75,050
2017 $2,644 $260,240 $185,190 $75,050
2016 $2,618 $260,240 $185,190 $75,050
2015 $2,589 $260,240 $185,190 $75,050
2013 $2,373 $260,240 $185,190 $75,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $799,000 -4.3% $805 / Sq Ft
07/17/2025 07/17/25 Price Changed $835,000 -2.3% $842 / Sq Ft
07/02/2025 07/02/25 For Sale $855,000 +168.4% $862 / Sq Ft
06/22/2018 06/22/18 Sold $318,600 -8.9% $332 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $349,900 -- $364 / Sq Ft
Source: Maine Listings

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Source: Maine Listings

MLS Number: 1629031

Maine Listings

APN: WLLS-000109-000131-000000-000007