About This Home

This 2-bedroom, 1-bathroom condo at 376 Mile Road in Wells, ME is listed for $325,000 ($645 per sqft). Built in 1960, the home offers 504 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1960
  • 0.02 acre lot

Property Details

1 full
1960

Amenities

RV Parking
Listing Description

YOUR MAINE BEACH GETAWAY IS JUST STEPS FROM THE SAND! Welcome to Bellevue by the Sea, one of Wells' most sought-after seasonal condominium communities, where this stand-alone 2-bedroom, 1-bath cottage offers an exceptional opportunity to enjoy the best of coastal Maine.

Located just 500 feet from beautiful Wells Beach, you'll love the convenience of leaving the car behind and spending your days by the ocean. Inside, the cottage features a bright, open living space with a seamless kitchen and living room layout featuring vaulted ceilings, creating a comfortable setting for relaxing after a day at the beach.

This unit is ready for immediate personal enjoyment or to begin generating seasonal rental income. An on-property separate building enhances the experience with outstanding amenities, including a heated indoor pool, hot tub, sauna, game room, changing facilities with showers, laundry and a community gathering area complete with a sink and ice machine.

A convenient rental management program makes ownership easy for those looking to maximize rental opportunities while minimizing day-to-day management. The location puts you in the heart of everything Wells has to offer including local restaurants, cafés, ice cream stands, mini golf, and shops, or take a short drive to the Rachel Carson National Wi

ldlife Refuge, Drakes Island Beach, Moody Beach, Footbridge Beach in Ogunquit, Perkins Cove, Marginal Way, several area golf courses, and countless dining and entertainment destinations throughout Southern Maine. Seasonal occupancy is permitted from mid-April through October.

Rentals are allowed, making this an excellent option for both personal use and investment. Please note that pets are not permitted. Whether you're looking for a carefree beach retreat, a seasonal family escape, or an income-producing coastal property, this is a rare opportunity to own in one of Wells' most desirable beachside communities.

Monthly Cost Estimate

$2,088/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95
HOA$350

Estimates only. Actual payments may vary.

Location

376 Mile Road

Wells, ME 04090

Features & Amenities

Interior Features

1st Floor BedroomOne-Floor Living

Property Details

Flooring

VinylCarpetLaminate

Construction

Wood Frame Composition

Pool Features

Porch

Parking

RVOn Street

Heating

Electric (Heating)None (Heating)

Questions & Answers

This 2-bedroom, 1-bathroom condo at 376 Mile Road is listed at $325,000 ($645/sqft). The estimated monthly payment is $2,088 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $350/month.

Key features include: Built in 1960, 0.02 acre lot. Interior Features: 1st Floor Bedroom, One-Floor Living.

This property is listed by Lorilyn Barrett and can be reached at 2073371515.

LB

Lorilyn Barrett

Agent at Coldwell Banker Yorke Realty

(207) 337-1515

Listed by Coldwell Banker Yorke Realty · View on Broker Site

MLS# 1671899· Source: listhub· Listed today

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376 Mile Road, Wells, ME 04090

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