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Off market
  • $4,272,800

    431 Ocean Ave, Wells, ME 04090

    7beds
    3,499sqft
    SingleFamily
    Built in 2011
    8,712 Square Feet Lot
    $4,272,800 Zestimate®
    $1,221/sqft
    $5,091 Estimated rent

    Home value

    $4,272,800

    $3.72M - $4.83M

    $5,091/mo

    Zestimate® history
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    $5,091/mo

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    Rent Zestimate®

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    $21,162/mo

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    $21,162/mo

    Est. payment

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    What's special

    Paradise Awaits on Coveted Moody Beach! Two exquisitely designed homes on one property with 50' of deeded beach frontage, private to the low water mark. The main house features first floor open concept with expansive, panoramic views of the Atlantic Ocean. The gourmet kitchen is an entertainers dream with full Subzero refrigerator, drawer freezers, two dishwashers, double wall oven and a Thermodore 5 burner cooktop. Four bedrooms including 2 king master ensuite, one queen bedroom and a 3 bed bunk room with a jack and jill connecting bath provides plenty of space for large families or guests. A first floor flex space can be used for media room, home office or 5th bedroom. First floor radiant heat and a propane fireplace, central heat, central air and heat pumps provide comfort year round. The 3 story cottage has stunning ocean views with an open concept main living floor, 3 bedrooms and 2 1/2 baths. Heat pumps provide heat and air conditioning. This 3 season cottage can easily be converted to year round with the addition of hyper heat pumps.Both houses have a strong rental history with reservations in place for 2021.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric, Propane / Butane
    Cooling
    • Central
    Appliances
    • Included: Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Laundry - 2nd Floor
    Features
    • Pantry, Shower, Bathtub, Primary Bedroom w/Bath
    • Flooring: Tile, Concrete
    Interior area
    • Total interior livable area: 3,499 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    Features
    • Patio & porch: Deck
    • Exterior features: Wood
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Ocean Front, Deeded
    • Frontage length: Water Frontage(50.00)
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: WLLSM109L162
    • Zoning: RB

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage, Contemporary, Shingle Style
    Materials
    • Roof: Composition
    Condition
    • Year built: 2011

    Utilities & green energy

    • Water: Public

    Community & HOA

    Location
    • Region: Wells

    Financial & listing details

    • Price per square foot: $1,221/sqft
    • Tax assessed value: $3,810,420
    • Annual tax amount: $23,167

    Price history

    DateEventPrice
    5/24/2021Sold$4,000,000+2.6%$1,143/sqft
    Source: Maine Listings #1474483 Report a problem
    4/2/2021Pending sale$3,900,000$1,115/sqft
    Source: Better Homes and Gardens Real Estate The Masiello Group #1474483 Report a problem
    10/29/2020Listed for sale$3,900,000+200%$1,115/sqft
    Source: Better Homes & Gardens Real Estate/The Masiello Group #1474483 Report a problem
    8/6/2010Sold$1,300,000-11.9%$372/sqft
    Source: Agent Provided Report a problem
    5/23/2010Listed for sale$1,475,000$422/sqft
    Source: Coldwell Banker Y-Gull & Associates #966417 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$23,167 +2%$3,810,420
    2023$22,710 -3.1%$3,810,420 +70%
    2022$23,440 -0.6%$2,240,920
    2021$23,574 +4.4%$2,240,920 +4%
    2020$22,580 +2%$2,154,610 +1.4%
    2019$22,134 +1%$2,124,180
    2018$21,922 +1.6%$2,124,180
    2017$21,582 +1%$2,124,180
    2016$21,369 +1.1%$2,124,180
    2015$21,136 +9.1%$2,124,180
    2013$19,373 +44.6%$2,124,180 +36.8%
    2012$13,402 +30.3%$1,552,990 +30.3%
    2011$10,286 -9.4%$1,191,850 -12.6%
    2009$11,357 +1.3%$1,363,430
    2008$11,207 +26.3%$1,363,430 +21.2%
    2005$8,876 $1,125,000
    Find assessor info on the county website

    Neighborhood: 04090

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $4,272,800
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    With Zillow Showcase(estimated)
    $4,358,256