0 Ocean Avenue, Wells, ME 04090
835 Ocean Avenue
Courtesy of Anchor Real Estate

835 Ocean Avenue

0 Ocean Avenue, Wells, ME

$695,000

HIGHLIGHTS
  • 10,018.8 Sq.Ft. Lot
  • For Sale Status
  • 1661952 MLS® ID
A rare opportunity to secure a proposed vacant parcel on Ocean Avenue in Wells just a short walk to Wells Beach. Comprised of approximately .23 acres, this offering provides an exceptional chance to build in one of southern Maine's most sought-after coastal neighborhoods. With public water and sewer available and the potential for seasonal marsh views, the property offers immediate appeal for builders, investors, or buyers looking to create a custom coastal residence close to the beach.

Subject to local approvals, the parcel may support the construction of a new single-family residence or duplex allowing for up to two residential units. This flexibility creates several potential strategies including personal use, vacation ownership, long-term rental income, condominium conversion, build-and-sell opportunities, or a long-term investment hold. Potential future changes to accessory dwelling unit (ADU) regulations may further enhance the property's versatility and value.

The referenced parcel division is being utilized strictly for marketing purposes and has not been formally created or recorded. Buyers also can purchase the entire undivided parcel, which may offer expanded redevelopment possibilities similar to those described above, including the potential for additional lot configurations and increased overall unit yield, subject to local approvals. Few opportunities in Wells offer this combination of location, infrastructure, and redevelopment potential so close to the coast. Call today for more information!
Show MoreShow Less

FEATURES & AMENITIES

Area & Lot

  • Status For Sale
  • Lot Area10,018.8 Sq.Ft.
  • MLS® ID1661952
  • TypeLand
  • neighborhoodWells
  • water FrontagePublic, Nearby
  • View DescriptionScenic
  • School DistrictWells-Ogunquit CSD

Exterior

  • Water SourcePublic
  • lot featuresNear Country Club, Open, Level, Near Public Beach, Near Shopping
  • parkingGravel, 5 - 10 Spaces, On Site
  • sewerPublic Sewer

Financial

  • Sales Price$695,000
  • Real Estate Tax $5,075/yr
  • Zoning RB

Wells

Explore coastal Maine living, pristine beaches, and a vibrant community atmosphere in Wells. Find your perfect home in Wells with Anchor Real Est...

Wells

WORK WITH US

Anchor Real Estate is a full-service real estate firm comprised of highly successful and motivated individuals working collaboratively to serve its clientele in reaching their real estate goals. They are knowledgeable, community involved agents who have a passion for the lifestyle and the communities in which they live and work. We look forward to working with you.

Contact Us