511 Ocean Avenue
Wells, ME 04090
Map
- 5 beds
- 3 baths
- 2,784 sqft
- 7,840 sqft lot
- $754 per sqft
- 1930 build
- – on site
For the first time since 1940, the ''Althea,'' one of the original Moody Beach cottages, is on the market! This rare coastal gem offers 2,784 square feet of flexible living space with 5 bedrooms, 3 full baths, an expansive deck, and ample parking—all just steps from the private beach area reserved exclusively for the waterfront residents. It's a truly unique setup that combines community charm with coveted seclusion. Thoughtfully laid out as a two-unit property, the Althea presents an incredible opportunity to rent one side and live in the other, create a multi-generational family retreat, or simply stretch out and enjoy the full space for yourself. The charm of its historic roots meets the practicality of modern updates, all set in one of Moody Beach's most beloved and tightly held neighborhoods. Whether you're looking to build an income-generating rental portfolio, host unforgettable gatherings, or create lasting family memories by the sea, this property delivers timeless coastal living with endless potential. Don't miss your chance to own a piece of Moody Beach history and make it your legacy. Schedule your private tour today!
Last checked:
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Checking…
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Last updated Jun 19, 2025
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MLS# 1627236 —
The Building
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Year Built:1930
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Construction Materials:Wood Siding, Shingle Siding, Wood Frame
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Roof:Shingle
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Basement:Crawl Space, Not Applicable
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Direction Faces:None
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Building Features:None
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Patio And Porch Features:Deck, Glass Enclosed, Porch
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Structure Type:Duplex
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Building Area Total:2784.0
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Building Area Source:Public Records
Interior
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Rooms Total:11
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Kitchen:true
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Fireplace:true
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Fireplace Features:None
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Flooring:Vinyl, Tile
Room Dimensions
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Living Area:None
Financial & Terms
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Land Lease:false
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Rent Includes:None
Location
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Directions:None
The Property
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Lot Features:Level, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
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Lot Size:7,840 Sqft
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Lot Size Area:0.18
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Lot Size Acres:0.18
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Lot Size Dimensions:None
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Zoning:RB
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Property Attached:No
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View:Scenic
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Current Use:None
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Possible Use:None
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Topography:None
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Waterfront:true
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (207) 475-5334
- Office phone:
- (603) 431-8977
Taxes
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Tax Year:2023
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Tax Annual Amount:$17,758
Beds
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Bedrooms Total:5
Baths
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Full Baths:3
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Three Quarter Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Other, Forced Air
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Heating:true
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Cooling:true
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Cooling:Window Unit(s), Other
Utilities
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Electric:Circuit Breakers
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Sewer:Quasi-Public
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Water Source:Public
Appliances
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Appliances:Washer, Refrigerator, Gas Range, Dryer, Dishwasher
Schools
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Elementary School:None
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Middle Or Junior School:None
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High School:None
The Community
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Spa Features:None
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Pool Private:No
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Water Body Name:Atlantic Ocean
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Association Amenities:None
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Association Fee Includes:None
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport Spaces:None
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Parking Features:5 - 10 Spaces, Paved
Monthly cost estimate
Asking price
$2,100,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$11,244
|
| Taxes | $1,479 |
| Insurance | $577 |
| Utilities | $458 See report |
| Total | $13,758/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/19/25
Jun 19, 2025
|
Listed / Active | MREIS | $2,100,000 | |
|
6/18/25
Jun 18, 2025
|
Delisted / Withdrawn | MREIS | $2,100,000 |
