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1 E Grand Avenue #503, Old Orchard Beach, ME, 04064

2beds
2baths
1,200sqft
$650,000
$542price/sqft
$4,201/moest. monthly cost
$168,040/yrincome needed

About This Home

BEST MAINE BEACH right in front of The Grand Victorian in downtown Old Orchard. Great location for seasonal rentals and short term rental allowed. Walk to amusements, restaurants, shops & the famous pier plus the is beach out front. Enjoy the amenities of a hotel condo with lobby, front desk, indoor heated pool, fitness room and sauna. Rare chance to own a beautiful 2-bed, 2-bath top-floor condo at Old Orchard's The Grand Victorian. Fully furnished and ready to enjoy or rent for profitable weekly income. Features a spacious kitchen with granite counters, stainless appliances, hardwood flooring. Two private decks with spectacular ocean views accessed from living area and primary bedroom Top floor location on north side with sea views and views to Pine Point. Being sold furnished and ready for you or your guests. 1 on site parking spot and 1 remote spot. Front desk available when the condo is rented.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

3/10
Loranger Middle SchoolGrades 3-81.0 mi
5/10
--
Jameson Elementary SchoolGrades PK-21.1 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Slab,Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Wood Frame,Shingle Siding

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Wall Oven,Washer

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bathtub,Elevator,One-Floor Living,Shower,Storage,Primary Bedroom w/Bath
  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile,Wood,Engineered Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,200

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: OOBHM306B1L2503
  • Zoning: CZ-1

Features

  • Private pool: Yes
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Atlantic
  • Frontage length: Waterfrontage: 200,Waterfrontage Shared: 200

Lot

  • Lot size: 1.44 Acres
  • Features: City Lot,Near Golf Course,Near Public Beach,Near Railroad,Level

Parking

  • Parking features: Common,1 - 4 Spaces,Off Street

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
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Hurricane
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance $103$1,236
Property Taxes $568$6,816
Electricity $244$2,930
Total$4,201$50,412

Income You'd Need if You Spent...

35% on housing$144,034/yr
40% on housing$126,030/yr
45% on housing$112,026/yr

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.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$542This listing

vs Other Active Listings

Avg $/sqft

ZIP 04064$306
York County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 04064$368
York County$295

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)

No zestimate history available

Price History

DateEventPrice
2025-10-22Price change$650,000
2025-07-30Price change$664,900
2025-07-12Listed for sale$675,000
2020-01-24Sold$393,000
2019-11-19Listed for sale$399,000
2019-06-28Listing removed$379,500
2018-12-28Price change$379,500
2018-10-01Price change$382,500
2017-12-29Listed for sale$387,000
2017-11-23Listing removed$387,000
2017-10-12Listed for sale$387,000
2017-05-22Listing removed$395,000
2017-03-14Price change$395,000
2016-11-04Price change$399,999
2016-09-29Price change$409,995
2015-10-27Listed for sale$425,000

For Sale by Agent

AgentNancy Z Moreshead
BrokerageThe Real Estate Store

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