331 Ocean Avenue, Wells, ME, 04090
About This Home
If you've ever dreamed of owning a cottage on the beach in Maine, this is your chance! Welcome to 331 Ocean Avenue, one of the few remaining vintage beach cottages ON private Moody Beach. Let the sound of the surf lull you to sleep. In the morning, wake to the sunrise over the Atlantic, and at the end of the day, from the deck, watch the sky change color over the marsh as the sun sets. Inside, you will be reminded of days gone by as the rustic interior beckons you to slow down, read a book, play a game, or complete a puzzle. Enjoy meals on the enclosed porch with the sights and the sounds of the ocean right in front of you. With 4 bedrooms and 1.5 baths, there's plenty of room for sleeping and space to relax. Spend your days lounging and recreating on your own private section of beach. And don't forget to rinse off outside at the outdoor shower. Don't miss this rare opportunity to own one of the few remaining original beach cottages on Moody Beach! This seasonal property is being sold in ''As Is, Where Is'' condition. Most furnishings will convey. Fireplace photos virtually enhanced.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Pillar/Post/Pier,Poured Concrete
- Roof: Pitched,Shingle
- Construction materials: Wood Frame,Shingle Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod,Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Electric Range
Basement
- Has basement: Yes
- Basement: Exterior Entry,Crawl Space
Bedroom2
- Level: Second
- Area: 117
- Dimensions: 13 x 9
Bedroom3
- Level: Second
- Area: 209
- Dimensions: 11 x 19
Bedroom4
- Level: Second
- Area: 84
- Dimensions: 12 x 7
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Bathtub
- Flooring: Vinyl,Wood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,248
Heating & Cooling
- Heating features: Baseboard
- Cooling features: None
Interior Area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Kitchen
- Features: Eat-in Kitchen
- Level: First
- Area: 216
- Dimensions: 24 x 9
Living Room
- Features: Wood Burning Fireplace
- Level: First
- Area: 216
- Dimensions: 24 x 9
Primary Bedroom
- Features: Half Bath
- Level: Second
- Area: 110
- Dimensions: 11 x 10
Sunroom
- Features: Three-Season,Unheated
- Level: First
- Area: 144
- Dimensions: 24 x 6
Property
Details
- Parcel number: WLLSM109L184A
- Zoning: RB
- Other equipment: Cable,Internet Access Available
Features
- Patio & porch: Deck,Glassed-in Porch,Porch
- Has view: Yes
- View description: Scenic
- On waterfront: Yes
- Waterbody name: Atlantic
- Frontage length: Waterfrontage: 32.85,Waterfrontage Owned: 32.85
Lot
- Lot size: 3,484 sqft
- Features: Abuts Conservation,Near Public Beach,Near Shopping,Neighborhood,Level,Open Lot
Parking
- Parking features: Gravel,5 - 10 Spaces,On Site
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Ice Storm
- Hurricane
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,469 | $101,628 |
| Home Insurance | $359 | $4,308 |
| Property Taxes | $825 | $9,900 |
| Electricity | $244 | $2,930 |
| Total | $9,897 | $118,764 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Contingent | $1,675,000 |
| 2026-07-01 | Price change | $1,675,000 |
| 2026-05-19 | Listed for sale | $1,850,000 |
| 2025-10-01 | Listing removed | $2,495,000 |
| 2025-03-01 | Listed for sale | $2,495,000 |
| 2025-02-02 | Listing removed | $2,495,000 |
| 2024-09-26 | Listed for sale | $2,495,000 |
For Sale by Agent
View on Zillow