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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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341 Ocean Ave Unit 1 , Wells, ME 04090
$1,499,000
Est. Payment: $3,331.11/mo
3 Bed
2 Bath
1200 Sqft
Status: Active | Days on site: 141
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2606 - 023215
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House Description

Introducing ''The Happinest,'' a unique three-story, year-round detached condo with beach rights to the low water mark on one of Maine's most sought-after PRIVATE beaches. With 50 feet of owned waterfront on Moody Beach and a beautifully landscaped common area, this four-unit association offers low fees, allows rentals and pets with minimal restrictions, and has some of the lowest property taxes on the beach -- perfect for beachfront living or investment. The inviting living room provides ample space for relaxation, and the kitchen features an eat-in dining area with generous cabinet space. Your private, fenced patio invites you outdoors and just steps beyond your gate along the paver walkway are the common area and the association's private stairway onto the sandy beach. The second floor includes a bright primary bedroom with a private balcony offering ocean views, a second bedroom, a laundry station, and a full bathroom with a whirlpool tub. The third floor is an addition featuring a versatile bonus area ideal for an office or playroom with more stunning ocean views, and a third spacious bedroom totaling sleeping room for eight - which has provided a strong rental history. Features include recessed lighting and Andersen sliding glass doors. Located just minutes to a variety of dining, shopping, and entertainment options including the beautiful Ogunquit downtown. The low expenses, strong rental demand (Property Income Analysis available), private beach access, and proximity to local attractions make this property an excellent opportunity for seasonal or year-round Maine living.

Highlights

Listed by Alexandra Shea , 603-969-7442 Samonas Realty , 603-319-8100.

Property Type

Residential

Lot/Acreage
0.15

HOA Fee

540 Semi-Annually

Year Built

1920

County

York

Listing ID

1657722

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Floor:Carpet,Laminate
Above Ground Sq Ft:1200
Below Ground Sq Ft:0
Basement:Not Applicable,Crawl Space
Other:
  • Additional:Bathtub, Pantry, Shower
Water:Public

Exterior Features

Lot:Abuts Conservation,Near Public Beach,Near Shopping,Near Town,Neighborhood,Level,Open Lot
Zoning:RB
Roof:Shingle
Others:
  • Additional:Beach Rights, Deeded, Oceanfront, Waterfront Tidal
Sewer:Public Sewer
Parking Features:Gravel,1 - 4 Spaces,On Site,Off Street
Principal Interest
$3,331
Taxes
$392
HOA
$540

Home Price

$1,499,000

Loan Details

30 yrs
%

Down Payment

20%
$299,800
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Monthly Price:
$3,331.11

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $3,331.11 $392.08 $540.00 $4,263.19
Yearly $39,973.33 $4,705.00 $6,480.00 $51,158.33
Total $1,199,200.00 $141,150.00 $194,400.00 $1,534,750.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wells, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.