Closed

542 Ocean Avenue

Wells ME, 04090

$1,200,000


Closed

4 Beds

2 Baths

1,536 sqft

Residential

Built in 1968

Courtesy of Coldwell Banker Y-Gull & Associates

Great Real Estate Investment Opportunity Located At The North End of Moody Beach. Year Round Duplex Containing (2) Two Bedroom One Bath Units In a Prime Beach Location Directly Across From the Beach and With the Back Yard Bordering On & With Spectacular Views of The Rachel Carson Wild Life Preserve. With Only a 3 Minute Walk To the Public Entrance to Sandy Moody (Ogunquit) Beach These Are Very Popular in Demand Summer Rental Units With an Established Clientele. Off Season Rentals Can Bring In Extra Income .This unique property has endless possibilities. The front of the home has views of the Atlantic Ocean, and the back has a large grass yard abutting the marsh of Rachel Carson wildlife preserve with a ton of wildlife and amazing sunsets. You can modify this building and have a 4 + bedrooms and 2+ bathrooms and enjoy a large ranch style home. This property is a legal two-family lot, so if your creative you can have income and your dream home all in one. This is a must see if you're looking to enjoy Moody Beach as your summer or fulltime home. or investment property. Paved with pavers in parking area, newly renovated with updated appliances. Home comes fully furnished and ready to move in. This home has been lifted with elevation certificate.
This property has a twin located at 546 Ocean ave if you're interested in purchasing both properties for investment property.

1522220

MLS ID

March 16, 2024

Updated

Map

542 Ocean Avenue
Wells ME, 04090

Interior Features

Bedrooms

4 Beds


Bathrooms

2 Baths


Interior Features

Furniture Included, 1 st Floor Bedroom, Bathtub, One-Floor Living, Storage


Appliances

Washer, Refrigerator, Microwave, Gas Range, Electric Range, Dryer, Dishwasher


Laundry Description

Laundry - 1 st Floor, Main Level, Washer Hookup


Fireplace

No


Cooling

Yes


Cooling Description

A/C Units, Multi Units


Heating

Yes


Heating Description

Direct Vent Heater, Baseboard

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Level, Landscaped, Abuts Conservation, Near Golf Course, Near Turnpike/Interstate, Near Town


Architectual Style

Ranch


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Wells-Ogunquit CSD

Other Property Details

Taxes

$6,116


Tax Frequency

Annually


Garage

No


Parking

5 - 10 Spaces, Paved, On Site


View

Yes


View Description

Scenic


County

York


Water Source

Public


Pool

No


Zoning

RB


Buyer Agency Compensation

1.6%

Listing History

Date

Event

Price

10/13/2023

Sold

$1,200,000

Listing Contact: 207-646-5336

Bought with RE/MAX Realty One and Listed by Coldwell Banker Y-Gull & Associates

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Brick & Barn Real Estate | Scott Rome shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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