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  • $425,000

    12 Pine Avenue, Old Orchard Beach, ME 04064

    1beds
    502sqft
    Single Family Residence
    Built in 1940
    1,742 Square Feet Lot
    $423,700 Zestimate®
    $847/sqft
    $1,550 Estimated rent

    Home value

    $423,700

    $398,000 - $453,000

    $1,550/mo

    Zestimate® history
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    What's special

    Fully fenced private backyardModern coastal luxury
    Stunning Turn-Key Coastal Cottage - Walk to the Beach & Proven Income Producer Welcome to this beautifully renovated and professionally designed 1-bedroom, 1-bath coastal cottage located just 0.4 miles from the sandy shores of Old Orchard Beach. Completely reimagined in 2024, this home offers the perfect blend of modern coastal luxury, effortless ownership, and strong short-term rental performance. Thoughtfully designed to sleep up to four guests, every detail has been curated with high-end furnishings included in the sale—featuring designer pieces from Pottery Barn, West Elm, and an American Leather sleeper sofa, along with luxury coastal décor and premium finishes throughout. This is a fully furnished, truly turnkey property—simply bring your suitcase and begin enjoying or earning immediately. The home has a proven short-term rental history, generating over $47,000 in gross rental income in 2025, making it an exceptional opportunity for investors, second-home buyers, or anyone seeking a low-maintenance income property near the coast. Enjoy a fully fenced private backyard, perfect for relaxing and entertaining, complete with a fire pit for evening gatherings under the stars. Walk to the beach, restaurants, and local attractions while enjoying the peace of your own coastal retreat. Additional highlights include: • 1 bedroom / 1 bath • Sleeps 4 • Fully furnished with designer pieces included • Fully fenced backyard with fire pit • Professionally renovated and designed in 2024 • Strong established rental performance • Walkable to beach, dining, and attractions • Low-maintenance coastal living Whether you're searching for a stylish beach getaway, an income-producing investment, or both—this rare opportunity delivers location, lifestyle, and returns in one beautifully packaged property. Video or audio recording may be in use at property. Showings begin Saturday, January 10th, 2025. Bookings for 2026 are asked to be honored.

    Zillow last checked:

    Listing updated:

    Listed by:

    www.HomeZu.com 877-249-5478

    Bought with:

    Coldwell Banker Realty

    Source: Maine Listings,MLS#: 1647723MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Heat Pump
    Cooling
    • Other
    Features
    • Flooring: Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 502
    • Total interior livable area: 502 sqft
    • Finished area above ground: 502
    • Finished area below ground: 0

    Property

    Lot
    • Size: 1,742 Square Feet
    Details
    • Parcel number: OOBHM308B1L15
    • Zoning: R-2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1940

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Old Orchard Beach

    Financial & listing details

    • Price per square foot: $847/sqft
    • Tax assessed value: $209,200
    • Annual tax amount: $2,276
    • Date on market: 1/6/2026

    Price history

    DateEventPrice
    2/12/2026Sold$425,000-2.3%$847/sqft
    Source: Maine Listings #1647723 Report a problem
    1/19/2026Pending sale$435,000$867/sqft
    Source: Maine Listings #1647723 Report a problem
    1/6/2026Price change$435,000+32.2%$867/sqft
    Source: Maine Listings #1647723 Report a problem
    7/2/2024Pending sale$329,000$655/sqft
    Source: Maine Listings #1591558 Report a problem
    6/27/2024Sold$329,000$655/sqft
    Source: Maine Listings #1591558 Report a problem
    6/3/2024Contingent$329,000$655/sqft
    Source: Maine Listings #1591558 Report a problem
    5/31/2024Listed for sale$329,000+60.5%$655/sqft
    Source: Maine Listings #1591558 Report a problem
    11/29/2023Sold$205,000+8%$408/sqft
    Source: Maine Listings #1576775 Report a problem
    11/11/2023Pending sale$189,900$378/sqft
    Source: Maine Listings #1576775 Report a problem
    11/6/2023Listed for sale$189,900+19.4%$378/sqft
    Source: Maine Listings #1576775 Report a problem
    11/3/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/27/2022Listed for rent$1,350$3/sqft
    Source: Zillow Rental Manager Report a problem
    4/22/2021Listing removed--
    Source: Owner Report a problem
    4/19/2021Price change$159,000+5.3%$317/sqft
    Source: Owner Report a problem
    4/14/2021Listed for sale$151,000+0.7%$301/sqft
    Source: Owner Report a problem
    10/23/2020Listing removed$150,000$299/sqft
    Source: Bean Group #1460676 Report a problem
    10/12/2020Listed for sale$150,000-16.2%$299/sqft
    Source: Bean Group #1460676 Report a problem
    8/15/2020Listing removed$179,000$357/sqft
    Source: Bean Group #1460676 Report a problem
    7/16/2020Listed for sale$179,000$357/sqft
    Source: Bean Group #1460676 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,276 +36.4%$209,200 +42.9%
    2023$1,669 +4.6%$146,400 +12.4%
    2022$1,595 +10.7%$130,300 +28%
    2021$1,441 -13.6%$101,800 -5.9%
    2020$1,668 -0.5%$108,200
    2019$1,677 +3.2%$108,200 +1.9%
    2018$1,625 +4.6%$106,200 +7.3%
    2017$1,554 +3%$99,000 +1.4%
    2016$1,509 +1.8%$97,600
    2015$1,482 +2.1%$97,600
    2014$1,452 +7.8%$97,600
    2013$1,347 +2%$97,600 -0.6%
    2012$1,320 +2.1%$98,200 -1.7%
    2009$1,293 +10.7%$99,900 +10.6%
    2008$1,168 $90,300 +7.2%
    2006-- $84,200
    Find assessor info on the county website

    Neighborhood: 04064

    Nearby schools

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