511 Ocean Avenue, Wells, ME 04090 - Photo 1

1/1

$1,700,000

Sold
Closed
Single Family
5 Beds
3 Full Baths
2,784 Sq. Ft.
0.18 Acres

1/1

Property Description

For 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.

Full Property Details

Full Property Details for 511 Ocean Ave

General

Sold For: $1,700,000
Taxes: $17,758 (2023)
Status: Closed
Type: Single Family
Source: MREIS
MLS ID: 1627236
Added to Site: 210 day(s) ago

Interior

Number of Rooms: 11
Interior Features: 1st Floor Bedroom
Fireplace: Yes
Number of Fireplaces: 1
Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
Flooring: Vinyl, Tile

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Laundry - 1st Floor, Main Level

Exterior

Porch/Patio/Deck: Deck, Glass Enclosed, Porch

Parking

Parking Features: 5 - 10 Spaces, Paved

Location

County: York

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s), Other
Heating Type: Other, Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: A-Frame
Structure Type: Duplex
Construction: Wood Siding, Shingle Siding, Wood Frame
Roof: Shingle
Building Size: 2784
Square Feet: 2,784
Sq. Ft. Source: Public Records
Living Area: 2,784 Sq. Ft.
Finished Total: 2,784 Sq. Ft.
Finished Above Grnd: 1,904 Sq. Ft.
Finished Below Grnd: 880 Sq. Ft.
Year Built: 1930

Lot Features

Property View: Scenic
Lot Size (Acres): 0.18
Lot Size (Sq. Ft.): 7,840.8
Lot Size Source: Public Records
Zoning: RB
Lot Description: Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood

Water Features

Water Front: Yes

Financial Considerations

Tax Amount: $17,758
Tax Year: 2023

Disclosures and Reports

Lot Number: 161

Listed by Berkshire Hathaway HomeServices Verani Realty (603) 431-8977
Sold by Pack Maynard and Associates (207) 967-3883

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Listing agent

— 511 Ocean Ave —

Berkshire Hathaway HomeServices Verani Realty

603-431-8977

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Schools

Schools serving 511 Ocean Ave

School District:Wells-Ogunquit Community School District

Name	Grades	Distance
Wells Junior High School 1470 Post Road, Wells, ME 04090	5-8	2.6 mi
Wells Elementary School 276 Sanford Road, Wells, ME 04090	K-4	2.8 mi
Wells High School 200 Sanford Road, Wells, ME 04090	9-12	2.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 511 Ocean Ave

Date

Details

Price

Change

Source

8/15/2025

Sold

$1,700,000

-10.53%

MLS

7/11/2025

Price Reduced

$1,900,000

-9.52%

MLS

6/19/2025

Listed

$2,100,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 11 hours ago

3
Beds
2
Total Baths
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Sq. Ft.

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4
Beds
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Total Baths
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Updated 6 days ago

2
Beds
2
Total Baths
1,448
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Updated 2 days ago

3
Beds
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Total Baths
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Active
Updated 6 days ago

3
Beds
3
Total Baths
1,444
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Updated 3 days ago

3
Beds
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Total Baths
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Price Reduced

-$100,000 (-5.57%)

$1,695,000

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Single Family
Active
Updated 8 hours ago

3
Beds
4
Total Baths
3,249
Sq. Ft.

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Price Reduced

-$105,000 (-5%)

$1,995,000

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Retail
Active

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Sold

$1,680,575

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Single Family
Closed

4
Beds
3
Total Baths
2,313
Sq. Ft.

Listed by Better Homes & Gardens Real Estate/The Masiello Group
Sold by RE/MAX Shoreline

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Sold

$1,674,000

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Single Family
Closed

4
Beds
2
Total Baths
2,398
Sq. Ft.

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Sold

$1,800,000

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Single Family
Closed

4
Beds
4
Total Baths
2,518
Sq. Ft.

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Sold

$1,715,000

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Single Family
Closed

6
Beds
7
Total Baths
2,716
Sq. Ft.

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Sold by Today Real Estate, Inc.

511 Ocean Avenue, Wells, ME 04090 (MLS# 1627236) is a Single Family property that was sold at $1,700,000 on August 15, 2025. Want to learn more about 511 Ocean Avenue? Do you have questions about finding other Single Family real estate for sale in Wells? You can browse all Wells real estate or contact a Coldwell Banker agent to request more information.

511 Ocean Ave Wells, ME 04090