$574,600
- 5 Beds
- 3 Baths
- 2,784 sqft
511 Ocean Avenue, Wells, ME 04090
Est. Refi. Payment $3,556/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 15, 2025 for $1,700,000
Home Value
Trulia Estimate
$575KSince last month
Increased$2K (+0.3%)Since last year
Increased$7K (+1.2%)Since last sale
Decreased$1M (-66.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -67% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $577K |
| August 2026 | $575K |
| July 2026 | $576K |
| June 2026 | $563K |
| May 2026 | $574K |
| April 2026 | $571K |
| March 2026 | $565K |
| February 2026 | $562K |
| January 2026 | $564K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Single-Family Home | $2,312,500 | 07/06/26 | 3 | 2.5 | 2,790 | |
0.43 | Single-Family Home | $1,250,000 | 12/16/25 | 3 | 2.5 | 2,922 | |
0.24 | Single-Family Home | $1,230,000 | 12/03/25 | 3 | 3 | 1,872 | |
0.25 | Single-Family Home | $1,100,000 | 02/25/26 | 3 | 2.5 | 2,158 | |
0.38 | Single-Family Home | $722,000 | 07/24/26 | 3 | 3 | 1,611 | |
0.22 | Single-Family Home | $650,000 | 08/07/26 | 3 | 1.5 | 984 | |
0.80 | Single-Family Home | $1,025,000 | 03/27/26 | 4 | 3 | 1,794 | |
1.02 | Single-Family Home | $1,800,000 | 10/29/25 | 4 | 4 | 2,518 | |
0.16 | Single-Family Home | $600,000 | 05/07/26 | 3 | 1 | 1,072 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $1,366,100 | 3 | 1.5 | 1,408 | Off Market | |
0.07 | $1,085,000 | 4 | 2 | 1,536 | Recently Sold | |
0.10 | $3,407,800 | 3 | 3.5 | 2,660 | Off Market | |
0.09 | $1,242,400 | 3 | 2 | 2,000 | Off Market | |
0.10 | $1,706,100 | 4 | 2.5 | 2,313 | Off Market | |
0.10 | $2,295,000 | 4 | 3.5 | 3,225 | For Sale | |
0.16 | $600,000 | 3 | 1 | 1,072 | Recently Sold | |
0.18 | $1,145,000 | 4 | 1.5 | 1,060 | For Sale | |
0.21 | $1,111,600 | 3 | 2 | 1,664 | Off Market | |
0.21 | $3,164,400 | 4 | 2.5 | 1,690 | Off Market | |
0.22 | $650,000 | 3 | 1.5 | 984 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1930
2,784 sqft
$206/sqft
Last check for updates: about 9 hours ago
Listed by Berkshire Hathaway HomeServices Verani Realty
Bought with: Pack Maynard and Associates
Source: Maine Listings, MLS#1627236

About this House
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.
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.
511 Ocean Avenue, Wells, ME 04090 is a 5 bedroom, 3 bathroom, 2,784 sqft single-family home built in 1930. It last sold for $1,700,000 on Aug 15, 2025 (11% below the $1,900,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $574,600, with a rent estimate of $3,986/month.
Home Details for 511 Ocean Avenue
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Interior Details Basement: Crawl SpaceNumber of Rooms: 11Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room, Mud Room, Other Room 2, Sunroom |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2784 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, WasherDishwasherDryerRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,OtherHas CoolingAir Conditioning: Other,Window Unit(s)Has HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Tile, Vinyl |
Levels, Entrance, & Accessibility Floors: Tile, Vinyl |
View Has a ViewView: Scenic |
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Exterior Home Features Roof: ShinglePatio / Porch: Deck, PorchFoundation: SlabNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Paved,5 - 10 Spaces |
Frontage WaterfrontRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Atlantic Ocean |
Farm & Range Frontage Length: Waterfrontage: 57, Waterfrontage Owned: 57 |
Finished Area Finished Area (above surface): 1904 Square FeetFinished Area (below surface): 880 Square Feet |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DuplexArchitecture: A-Frame |
Building Construction Materials: Wood Frame, Shingle Siding, Wood Siding |
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Price List Price: $1,900,000 |
Status Change & Dates Off Market Date: Thu Jul 31 2025 |
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MLS Status: Closed |
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Direction & Address City: Wells |
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Building Area Building Area: 2784 Square Feet |
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Lot Area: 7840.8 sqft |
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Mls Number: 1627236Above Grade Unfinished Area: 1904 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 15, 2025 Source: Maine Listings #1627236 | Sold | $1,700,000 |
Aug 1, 2025 Source: Maine Listings #1627236 | Pending | $1,900,000 |
Jul 11, 2025 Source: Maine Listings #1627236 | PriceChange | $1,900,000 Price decreased by 10% |
Jun 19, 2025 Source: Maine Listings #1627236 | Listed For Sale | $2,100,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $16,526 | $2,718,010 |
Home facts updated by county records
Market trends in Wells
Last updated August 2026
Avg. sale price
$524K
$67.65KMoM
Sale-to-List Price
98.1%
0.2%MoM
Price per sq ft
$385
$7MoM
Available listings
159
13MoM
Around this home
What Locals Say about Wells
At least 41 Trulia users voted on each feature.
87 % Say car is needed
87 % Say yards are well-kept
80 % Say there's holiday spirit
78 % Say parking is easy
78 % Say it's dog friendly
77 % Say people would walk alone at night
67 % Say there's wildlife
62 % Say it's quiet
58 % Say they plan to stay for at least 5 years
54 % Say neighbors are friendly
50 % Say kids play outside
41 % Say there are community events
38 % Say it's walkable to restaurants
38 % Say streets are well-lit
30 % Say it's walkable to grocery stores
10 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
Frequently asked questions about 511 Ocean Avenue
- What is 511 Ocean Avenue estimated to be worth?Trulia's estimated value for 511 Ocean Avenue in Wells, ME is $574,600.
- What is the price history for 511 Ocean Avenue?511 Ocean Avenue in Wells, ME last sold for $1,700,000 in August 2025.
- Is Wells a buyer's or seller's market?Wells is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Wells?The median sale price in Wells is $524K. That is up $67.65K from the prior month.
- Does 511 Ocean Avenue have air conditioning?Yes, 511 Ocean Avenue in Wells, ME has air conditioning.
- Does 511 Ocean Avenue have laundry facilities?Yes, 511 Ocean Avenue in Wells, ME has in-unit laundry.

