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$695,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 0 Ocean Ave
General
- Price: $695,000
- Taxes: $5,075 (2025)
- Status: Active
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1661952
- Updated: 5/14/2026
- Added to Site: 4 day(s) ago
Parking
- Parking Features: Gravel, 5 - 10 Spaces, On-Site Parking
Location
- County: York
Community
- Pets Allowed: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Property View: Scenic
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Lot Size Source: Survey
- Zoning: RB
- Lot Description: Near Country Club, Open, Level, Near Public Beach, Near Shopping
Financial Considerations
- Tax Amount: $5,075
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 163
Listed by Anchor Real Estate (207) 361-5007
Get Pre-Approved Today
Schools
Schools serving 0 Ocean Ave
School District:Wells-Ogunquit Community School District
| Name | Grades | Distance |
|---|---|---|
Wells Elementary School 276 Sanford Road, Wells, ME 04090 | K-4 | 3.6 mi |
Wells Junior High School 1470 Post Road, Wells, ME 04090 | 5-8 | 3.6 mi |
Wells High School 200 Sanford Road, Wells, ME 04090 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0 Ocean Ave
Date
Details
Price
Change
Source
5/13/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Ocean Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,819
6%
$1,365,140
—
2024
$8,300
2%
$1,365,140
—
2023
$8,136
34%
$1,365,140
135%
2022
$6,072
-1%
$580,470
—
2021
$6,107
—
$580,470
—
2020
$6,083
1%
$580,470
—
2019
$6,048
1%
$580,470
—
2018
$5,990
2%
$580,470
—
2017
$5,898
1%
$580,470
—
2016
$5,840
1%
$580,470
—
2015
$5,776
5%
$580,470
—
2014
$5,514
-10%
$580,470
-14%
2013
$6,160
—
$675,420
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Ocean Ave
0 Ocean Avenue, Wells, ME 04090 (MLS# 1661952) is a Lots/Land property with a lot size of 0.23 acres. 0 Ocean Avenue is currently listed for $695,000 and was received on May 13, 2026. Want to learn more about 0 Ocean Avenue? Do you have questions about finding other Lots/Land real estate for sale in Wells? You can browse all Wells real estate or contact a Coldwell Banker agent to request more information.

