Closed

$800,000

1 E Grand Avenue #506, Old Orchard Beach, ME 04064

2beds

1,339sqft

Condominium

Built in 2006

-- sqft lot

$807,000 Zestimate^®

$597/sqft

$2,522 Estimated rent

Home value

$807,000

$734,000 - $888,000

$2,522/mo

Zestimate^® history

Owner options

List your home for rent

$2,522/mo

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$2,522/mo

Rent Zestimate^®

Refinance and save

$4,800/mo

Est. payment

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$4,800/mo

Est. payment

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What's special

Indoor heated saltwater poolFitness room

Perched on the top floor of the Grand Victorian Hotel Condominium, this well-appointed 2-bedroom, 2-bath residence offers both comfort and proven income potential. Originally built as an investment property, the unit is ideally suited for short-term rentals, with winter and summer tenants already in place--providing immediate, built-in revenue for the new owner. The top-floor location offers added privacy and a quiet retreat after a day of enjoying the area's amenities. Owners and guests appreciate access to the Grand Victorian's hotel-style features - indoor heated saltwater pool, sauna and fitness room; all within a professionally managed condominium association. Whether you're seeking a turnkey investment or a flexible ownership opportunity, this condo delivers a rare combination of location, convenience, and income stability.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Bedroom 1

Features: Balcony/Deck, Closet
Level: First

Bedroom 2

Features: Closet
Level: First

Kitchen

Features: Kitchen Island
Level: First

Living room

Level: First

Heating

Forced Air

Cooling

Central Air

Features

Flooring: Tile, Wood
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 1,339
Total interior livable area: 1,339 sqft
Finished area above ground: 1,339
Finished area below ground: 0

Property

Accessibility

Accessibility features: Elevator/Chair Lift

Features

Patio & porch: Deck
Has view: Yes
View description: Scenic
Body of water: Atlantic Ocean
Frontage length: Waterfrontage: 100,Waterfrontage Shared: 100

Lot

Size: 1.44 Acres

Details

Parcel number: OOBHM306B1L2506
Zoning: CZ-1

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Attached to another structure: Yes

Materials

Roof: Shingle

Condition

Year built: 2006

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Grand Victorian Hotel Condominium

HOA

Has HOA: Yes
HOA fee: $838 monthly

Location

Region: Old Orchard Beach

Financial & listing details

Price per square foot: $597/sqft
Tax assessed value: $724,819
Annual tax amount: $7,886
Date on market: 2/10/2026

Price history

Date	Event	Price
4/17/2026	Sold	$800,000+0.1%$597/sqft
Source: Maine Listings #1651590 Report a problem
3/10/2026	Pending sale	$799,000$597/sqft
Source: Maine Listings #1651590 Report a problem
2/10/2026	Listed for sale	$799,000$597/sqft
Source: Maine Listings #1651590 Report a problem
10/11/2024	Listing removed	$2,200$2/sqft
Source: Zillow Rentals Report a problem
9/25/2024	Listed for rent	$2,200+22.2%$2/sqft
Source: Zillow Rentals Report a problem
8/4/2020	Listing removed	$1,800$1/sqft
Source: Zillow Rental Manager Report a problem
7/28/2020	Listed for rent	$1,800$1/sqft
Source: Zillow Rental Manager Report a problem
9/27/2019	Listing removed	$1,800$1/sqft
Source: Zillow Rental Manager Report a problem
9/18/2019	Listed for rent	$1,800$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,886 +3.2%	$724,819 +8.2%
2023	$7,638 +10.2%	$670,019 +18.3%
2022	$6,930 -3.8%	$566,140 +11.3%
2021	$7,201 -1.4%	$508,580 +7.4%
2020	$7,300 -2.1%	$473,400 -1.6%
2019	$7,454 +9.8%	$480,900 +8.4%
2018	$6,789 -3.8%	$443,700 -1.2%
2017	$7,054 +1.9%	$449,300 +0.4%
2016	$6,920 +1.8%	$447,600
2015	$6,795 +2%	$447,600
2014	$6,660 +7.8%	$447,600
2013	$6,177 -4.5%	$447,600 -7%
2012	$6,471	$481,500