Jennifer Hawley
Hearth & Key Realty
(207) 709-1375
43 Total Sales
1 in Wells
$358,090 Price
511 Ocean Ave Wells, ME 04090
Wells AreaEstimated Value: $1,973,317
5
Beds
3
Baths
2,784
Sq Ft
$709/Sq Ft
Est. Value
Highlights
- 57 Feet of Waterfront
- Beach Access
- A-Frame Home
- Wells Junior High School Rated A-
- Country Club
- Deck
About This Home
As of August 2025For 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.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Verani Realty Listed on: 06/19/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,758
Year Built
- Built in 1930
Lot Details
- 7,841 Sq Ft Lot
- 57 Feet of Waterfront
- Ocean Front
- Level Lot
- Property is zoned RB
Property Views
- Water
- Scenic Vista
Home Design
- A-Frame Home
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 1 Fireplace
- Mud Room
- Living Room
- Dining Room
- Sun or Florida Room
- Crawl Space
Kitchen
- Gas Range
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- Driveway
- Paved Parking
Outdoor Features
- Beach Access
- Property is near a beach
- Deck
- Enclosed Glass Porch
Location
- Property is near golf course and shops
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 161
- Assessor Parcel Number WLLS-000112-000000-000161
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2025
Closed on
Aug 15, 2025
Sold by
Bought by
Seller's Agent
Erica Van Dissel
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Jessica Girard
Pack Maynard and Associates
List Price
$2,100,000
Sold Price
$1,700,000
Premium/Discount to List
-$400,000
-19.05%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,317
Avg. Annual Appreciation
15.91%
Purchase Details
Listed on
Jun 19, 2025
Closed on
Aug 14, 2025
Sold by
Bought by
Seller's Agent
Erica Van Dissel
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Jessica Girard
Pack Maynard and Associates
List Price
$2,100,000
Sold Price
$1,700,000
Premium/Discount to List
-$400,000
-19.05%
Views
61
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wells, ME
-
Jennifer Hawley
-
Tim Fortin
Tim Fortin
NextHome Northern Lights Realty
(207) 707-6315
132 Total Sales
1 in Wells
$999,950 Price
-
Kelly Walker
Kelly Walker
Responds QuicklyPortside Real Estate Group
(207) 405-0841
69 Total Sales
1 in Wells
$590,000 Price
-
Jacqueline Nedwell
Jacqueline Nedwell
Town & Shore Real Estate
(207) 618-9460
82 Total Sales
4 in Wells
$385K - $575K Price Range
-
Jennifer Whitehead
Jennifer Whitehead
Dream Home Realty LLC
(207) 464-2499
126 Total Sales
2 in Wells
$125K - $340K Price Range
-
Karen Rice
Karen Rice
Abigail Douris Real EstateLLC
(207) 994-8978
41 Total Sales
17 in Wells
$64K - $715K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $566,667 | -- | ||
| $1,133,333 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,700,000 | -10.5% | $611 / Sq Ft |
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | Price Changed | $1,900,000 | -9.5% | $682 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $2,100,000 | -- | $754 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $17,624 | $2,728,170 | $2,352,640 | $375,530 |
| 2024 | $16,526 | $2,718,010 | $2,352,640 | $365,370 |
| 2023 | $17,758 | $2,979,480 | $2,614,110 | $365,370 |
| 2022 | $16,732 | $1,599,600 | $1,415,490 | $184,110 |
| 2021 | $16,828 | $1,599,600 | $1,415,490 | $184,110 |
| 2020 | $16,672 | $1,590,880 | $1,415,490 | $175,390 |
| 2019 | $16,577 | $1,590,880 | $1,415,490 | $175,390 |
| 2018 | $16,070 | $1,585,570 | $1,415,490 | $170,080 |
| 2017 | $16,109 | $1,585,570 | $1,415,490 | $170,080 |
| 2016 | $15,951 | $1,585,570 | $1,415,490 | $170,080 |
| 2015 | $15,776 | $1,585,570 | $1,415,490 | $170,080 |
| 2013 | $14,226 | $1,559,860 | $1,415,490 | $144,370 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Van Dissel
Seller's Agent in 2025
Erica Van Dissel
Berkshire Hathaway HomeServices Verani Realty
(207) 475-5334
102 Total Sales
-
Jessica Girard
Buyer's Agent in 2025
Jessica Girard
Pack Maynard and Associates
(603) 498-1327
130 Total Sales
Map
Source: Maine Listings
MLS Number: 1627236
APN: WLLS-000112-000000-000161
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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