Closed

$3,500,000

1 Tripoli Avenue, Old Orchard Beach, ME 04064

7beds

3,193sqft

Multi Family

Built in 2023

-- sqft lot

$3,424,900 Zestimate^®

$1,096/sqft

$2,598 Estimated rent

Home value

$3,424,900

$3.08M - $3.80M

$2,598/mo

Zestimate^® history

Owner options

List your home for rent

$2,598/mo

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$2,598/mo

Rent Zestimate^®

Refinance and save

$17,334/mo

Est. payment

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$17,334/mo

Est. payment

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What's special

Luxury new construction (2023) beachfront home offering stunning views from the oversized windows in virtually every room with flexibility to use as a 7BR single family or as a 5BR home with a separate 2BR/2BA dwelling for multigenerational living or as a profitable rental. High end finishes throughout both kitchens, living spaces and all 5 full and 2 half baths. The elevator services all 3 levels allowing everyone to enjoy the entire home with ease. Beautifully designed and appointed, the home is available fully furnished and appointed for a turnkey experience. Perfectly situated and protected by the dunes, the beach lifestyle with surfing, swimming or fishing for stripers is right out your door. Don't miss this rare opportunity to own your dream home in one of Maine's most coveted beachfront locations.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 7
Full bathrooms: 5
1/2 bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Features

Bathtub, Elevator, In-Law Floorplan, Walk-In Closet(s)
Flooring: Tile, Wood
Basement: None
Furnished: Yes

Interior area

Total structure area: 3,193
Total interior livable area: 3,193 sqft
Finished area above ground: 3,193
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Paved, 5 - 10 Spaces, Tandem
Attached garage spaces: 3

Accessibility

Accessibility features: Elevator/Chair Lift

Features

Stories: 3
Patio & porch: Deck
Has view: Yes
View description: Scenic
Body of water: Atlantic Ocean
Frontage length: Waterfrontage: 61.4,Waterfrontage Owned: 61.4

Lot

Size: 3,920 Square Feet
Features: Near Public Beach, Near Shopping, Near Town, Neighborhood, Level, Open Lot, Landscaped

Details

Parcel number: OOBHM319B8L1
Zoning: R3
Other equipment: Other

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Composition

Condition

New Construction
New construction: Yes
Year built: 2023

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Old Orchard Beach

Financial & listing details

Price per square foot: $1,096/sqft
Tax assessed value: $2,373,600
Annual tax amount: $14,796
Date on market: 4/17/2024

Price history

Date	Event	Price
9/30/2024	Sold	$3,500,000-7.9%$1,096/sqft
Source: Maine Listings #1586653 Report a problem
8/2/2024	Pending sale	$3,800,000$1,190/sqft
Source: Maine Listings #1586653 Report a problem
7/8/2024	Price change	$3,800,000-7.3%$1,190/sqft
Source: Maine Listings #1586657 Report a problem
4/17/2024	Listed for sale	$4,100,000$1,284/sqft
Source: Maine Listings #1586653 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$25,825 +74.5%	$2,373,600 +82.9%
2023	$14,796 +14.7%	$1,297,900 +23.1%
2022	$12,905 +11.7%	$1,054,300 +29.2%
2021	$11,553 +3.3%	$815,900 +12.5%
2020	$11,187 -0.5%	$725,500
2019	$11,245 +1.6%	$725,500 +0.3%
2018	$11,070 +8.8%	$723,500 +11.6%
2017	$10,177 +2.9%	$648,200 +1.3%
2016	$9,893 +1.8%	$639,900
2015	$9,714 +2%	$639,900
2014	$9,522 +7.8%	$639,900
2013	$8,831 +0.8%	$639,900 -1.9%
2012	$8,764 +3.9%	$652,100
2009	$8,438	$652,100
2008	$8,438	$652,100 +9.7%
2006	--	$594,200