511 Ocean Avenue, Wells, ME 04090
Property image
Property image
OFF MARKET

$574,600

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,784 sqft

511 Ocean Avenue, Wells, ME 04090

Est. Refi. Payment $3,556/mo*
Refinance Your Home
Currently Off Market - Sold Aug 15, 2025 for $1,700,000

Home Value

Trulia Estimate
$575K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 511 Ocean Avenue.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
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

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $1,900,000
Status Change & Dates
Off Market Date: Thu Jul 31 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Wells

Building

Building Area
Building Area: 2784 Square Feet

Lot Information

Lot Area: 7840.8 sqft

Miscellaneous

Mls Number: 1627236Above Grade Unfinished Area: 1904

Price and Tax history

DateEventPrice
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

Market trends in Wells

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$524K
$67.65K
MoM
Sale-to-List Price
98.1%
0.2%
MoM
Price per sq ft
$385
$7
MoM
Available listings
159
13
MoM

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.
  • Trulia User
    "Our neighborhood is lovely and very quiet. We appreciate that we know most of our neighbors and we look out for each other. It is also nice being able to feel like you are living in the woods while still being in a neighborhood. "
  • Emma W.
    "It’s not too far from everything. Other places with stores or activities are at most, 40 minutes away. Drawbacks are being in a tourism town."
  • Betty Marineau
    "I raised my children in this neighborhood and they have lifelong friends because of it. There is something to be said for truly knowing your neighbors. They are there for you in good times and in bad."
  • Ed v.
    "I've lived in this area for 17 years. people are friendly and considerate. the area has been developing rapidly and with the influx of new residents things are changing."
  • Cswhit76
    "There is a terrific farmers market . We also do a lot of barbecuing in the summer or go to the beach and have a day long picnic."
  • Paul R.
    "Wells is an active and friendly community located on the ocean, a great place to raise a family and/or retire. "
  • Zachary D. S.
    "I have vacationed here dozens of times as a kid and adult. I have rented homes here and I love it. Lots to do in the summer/fall...winter gets a little nasty with not much to do. "
  • Janis
    " Safe area. Beautiful beach great for swimming, walking, surfing. Restaurants closed by nine pm in many cases. Dogs are not allowed on beach during the day in the Summer leaving residents with only busy streets to walk their dogs. Traffic heavy during summer months with extra police presence. However, the extra police force is often seen standing around talking to one another or riding bikes while traffic is backed up in the center. Police will fine visitors for shooting off fireworks on July 4 even if shot over the ocean at low tide. Residents have also been stopped when walking down the street with a soda in their hand and asked what they were drinking.. It also appears many year round residents resent those who come to the beach in the Summer despite the monetary benefit they bring to the town. Beach is not cleared of seaweed as well as Ogunquit or Moody. Seaweed along with plastic and paper trash is dragged to waters edge at low tide only to be returned to beach with the high tide. (Job security for those operating machinery.) Town only picks up large debris from beach. Trash is left for residents to pick up. Trash cans are not available along public ways year round. Only in summer. Sand is often left on cement stairs in center which can be hazardous to people of all ages. Beach could be better taken care of. Home trash pick up is not provided by the town."

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

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.

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