511 Ocean Avenue

Wells, ME 04090
Beds
5
Baths
3
Square Ft.
2,784
$1,900,000
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.
Market LogoCourtesy of Berkshire Hathaway HomeServices Verani Realty 603-431-8977
Listing Snapshot
Days Online
31
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
3
Square Ft.
2,784
Lot Size
0.18 Acres
Year Built
1930
MLS Number
1627236
Additional Details
Property Access
Road Surface Type: "Paved"
Appliances & Equipment
Appliances: "Washer", "Refrigerator", "Gas Range", "Dryer", "Dishwasher"
Basement
Basement: "Crawl Space", "Not Applicable"
Building
Architectural Style: "A-Frame", Building Area Source: Public Records, Building Area Total: 2,784, Construction Materials: "Wood Siding", "Shingle Siding", "Wood Frame", Year Built: 1930
Cooling
Cooling Included, Cooling: "Window Unit(s)", "Other"
Exterior Features
Patio And Porch Features: "Deck", "Glass Enclosed", "Porch", Patio And Porch Features: "Deck", "Glass Enclosed", "Porch"
Fireplaces
Building includes fireplace, 1 total fireplace
Floors
Flooring: "Vinyl", "Tile"
Foundation
Foundation Details: "Slab"
Water Features
Water Body Name: Atlantic Ocean, Waterfront Property
Heating
Heating: "Other", "Forced Air", Heating Included
Interior Features
Features: "1st Floor Bedroom"
Laundry
Features: "Laundry - 1st Floor", "Main Level"
Lot
Features: "Level", "Near Golf Course", "Near Public Beach", "Near Shopping", "Near Town", "Neighborhood", 0.18 acres, Area: 0.18, 7,841 square feet
Parking
Features: "5 - 10 Spaces", "Paved"
Property
Parcel Number: WLLS-000112-000000-000161, Property Sub Type: Single Family Residence, View: "Scenic", Zoning: RB
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $17,758, Tax Lot: 161
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04090
$445k
-5%
(avg) sold price
44
+7%
homes sold
40
-9%
(avg) days on market
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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.