511 Ocean Avenue
Wells, ME 04090
- 5 Beds
- 3 Baths
- 2,784 sqft
$578,000
as of Jul 31, 2026
$578,000
as of Jul 31, 2026
5 Beds
3 Baths
2,784 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1930
Living Area
2,784 sqft
Price/Sqft
$208
Last check for updates: about 10 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). It is currently off market. The Trulia Estimate is $578,000, with a rent estimate of $3,681/month.
Home Details for 511 Ocean Avenue
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MLS Status: Closed |
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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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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 History for 511 Ocean Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 08/15/2025 | $1,700,000 | Sold | Maine Listings #1627236 |
| 08/01/2025 | $1,900,000 | Pending | Maine Listings #1627236 |
| 07/11/2025 | $1,900,000 | PriceChange | Maine Listings #1627236 |
| 06/19/2025 | $2,100,000 | Listed For Sale | Maine Listings #1627236 |
Market trends in Wells
Last updated June 2026
Avg. sale price
$395K
$54.17KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
156
13MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $16,526 |
| Assessment | $2,718,010 |
Home facts updated by county records
Comparable Sales for 511 Ocean Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $1,680,574 | 09/10/25 | 4 | 2.5 | 2,313 | |
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 | |
0.34 | Single-Family Home | $1,674,000 | 09/22/25 | 4 | 2 | 2,398 | |
0.40 | Single-Family Home | $1,290,000 | 08/25/25 | 3 | 3 | 2,614 | |
0.14 | Single-Family Home | $1,245,000 | 07/31/26 | 3 | 2 | 1,017 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 511 Ocean Avenue.
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.
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Apartments for Rent
Homes for sale near 511 Ocean Avenue
Off Market Homes Near 511 Ocean Avenue

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.
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