About This Home

This 7-bedroom, 3-bathroom single family at 257 Ocean Avenue in Wells, ME is listed for $4,995,000 ($2,370 per sqft). Built in 1920, the home offers 2,108 sqft of living space on a N/A lot.

Key Features

  • Built in 1920

Property Details

3 full
1920
Listing Description

An exceptional opportunity to create something truly your own on one of Southern Maine's most desirable stretches of beach. This prime building lot on Moody Beach offers a rare blank canvas for a custom dream home, magnificent family compound, or an exceptional income producing vehicle.

The property currently includes two vintage cottages and a sizable outbuilding that have reached the end of their useful lives. Plans are already in place for an exquisitely designed enclave featuring two separate dwellings connected by an elegant catwalk, conceived by a renowned local architect.

The design work has been completed and the permitting process is underway, providing a significant head start for the next owner. Adding to the possibilities, the offering includes three additional lots directly across the street, with serene vistas of the Ogunquit River and the ever changing salt marsh.

These parcels create exciting potential for additional homes for family and friends, guest accommodations, or substantial off-street parking. The possibilities are extraordinary. Move forward with the thoughtfully conceived architectural plans already in hand, or engage your own architect to create a vision uniquely suited to your needs.

And then there is Moody Beach itself. From your doorstep, walk the sand all the way to Ogunquit and enjoy everything this beloved Southern Maine coastal community has to offer. Nearby are countless casual and fine dining options, boutique shopping, galleries, summer theater, boating, golf, and unlimited recreational opportunities.

Portland and Portsmouth are approximately 45 and 30 minutes away, respectively, while the charming seaside communities of York and Kennebunkport are each about 20 minutes in either direction. For those who have been waiting for the right opportunity to build an extraordinary summer escape or year-round waterfront retreat, this is a rare chance to create something truly special on Moody Beach.

Monthly Cost Estimate

$26,714/mo

20% down · 6.5% · 30 years

Principal$3,612
Interest$21,645
Insurance$1,457

Estimates only. Actual payments may vary.

Location

257 Ocean Avenue

Wells, ME 04090

Questions & Answers

This 7-bedroom, 3-bathroom single family at 257 Ocean Avenue is listed at $4,995,000 ($2,370/sqft). The estimated monthly payment is $26,714 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920.

This property is listed by Peter LaRochelle and can be reached at 2076465131.

PL

Peter LaRochelle

Agent at Better Homes and Gardens Real Estate The Masiello Group

(207) 646-5131
Agent website

Listed by Better Homes and Gardens Real Estate The Masiello Group · Broker phone: (800) 741-1540 · Broker website

MLS# 1682113· Source: Better Homes and Gardens-The Masiello Group· 6 days on PropertySimple

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

257 Ocean Avenue, Wells, ME 04090

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