Single Family for Sale: 542 Ocean Avenue, Wells, ME 04090

4 beds
2 full baths
$1,489,000
$1,489,000
542 Ocean Avenue, Wells, ME 04090
4 beds
2 full baths
$1,489,000
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Price:
$1,489,000
$6,000 - 05/28/2024

Type Single Family
Style Ranch
Beds 4
Total Baths 2 full baths
Square Feet 1,536 sqft
Lot Size 0.15 acres
Year Built 1968
Taxes Paid $7,529

City Wells
County York
School District Wells-Ogunquit CSD

MLS 1583913
Status Active
DOM 107 days
Beyond the breathtaking location, this duplex presents an excellent investment opportunity with its proven track record of generating substantial rental income. Whether you're seeking a vacation retreat, a permanent residence, or an income-generating property, 542 Ocean Avenue caters to a variety of lifestyle preferences. The thoughtfully designed layout of the duplex maximizes comfort and functionality, providing a harmonious balance of modern amenities and coastal aesthetics. Each unit is adorned with tasteful finishes and features that enhance the overall appeal of the property, making it an ideal retreat for residents and renters alike. Discover the charm of this wonderful duplex that seamlessly marries the convenience of beach access, a prime location steps from the Atlantic, and the potential for excellent rental income. Embrace the coastal lifestyle you've always dreamed of at 542 Ocean Avenue in Moody / Wells - ''The friendliest town in Maine''

Room Features

Bedroom 1 9x15 First floor
Bedroom 2 8x13 First floor
Bedroom 3 10x15 First floor
Bedroom 4 9x13 First floor
Kitchen 10x13 First floor
Kitchen 2 11x15 First floor
Living Room 12x13 First floor
Living Room 2 11x15 First floor
Basement Description Exterior Only, Partial

Virtual Tours for 542 Ocean Avenue Wells, ME

Lot & Building Features

Cooling A/C Units, Multi Units
Tax Year 2023
Taxes Paid $7,529

Price History of 542 Ocean Avenue, Wells, ME

Date Name Price Difference
05/28/2024 Price Adjustment $1,489,000 0.40%
03/12/2024 Listing Price $1,495,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$1,250,000
$737 / sqft
Average
$1,412,500
$875 / sqft
High
$1,800,000
$1,118 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Wells 04090 4 2.0 $1,489,000 1,536 $969 N/A
275 Atlantic Avenue Wells 04090 4 3.0 $1,350,000 1,452 $930 03/08/2024
110 Atlantic Avenue Wells 04090 4 2.0 $1,800,000 1,610 $1,118 03/28/2024
52 Green Needle Lane Ogunquit 03907 3 3.0 $1,250,000 1,697 $737 05/24/2024
52 Green Needle Lane Ogunquit 03907-3235 3 3.0 $1,250,000 1,697 $737 05/24/2024

Map of 542 Ocean Avenue, Wells, ME

Location Map Street View
Photo of Paula Filias
Paula Filias
Realtor
Direct: 978-479-0157
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by RE/MAX Realty One, Donald Wunder 207-646-4546
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0.50564137004701%
6.75%
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542 Ocean Avenue (MLS #1583913) is a ranch single family home located in Wells, ME. This single family home is 1,536 sqft and on a lot of 6,534 sqft (or 0.15 acres) with 4 bedrooms, 2 baths and is 56 years old. This property was listed on 03/12/2024 and has been priced for sale at $1,489,000.

The 4 bedroom single family home at 110 Atlantic Avenue in Wells is nearby and sold for $1,800,000 on 03/28/2024. Another nearby 4 bedroom single family home, 275 Atlantic Avenue in Wells sold for $1,350,000 on 03/08/2024.

Nearby zip codes are 03902, 03907, 03909, 04043 and 04046. This property neighbors other cities such as Arundel, Kennebunk, Ogunquit and York.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Realty One

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.