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Listed by Coldwell Banker Y-Gull & Associates

Original Turn of the Century Summer Beach Cottage on Sandy Moody (Ogunquit Beach) on a 4,587 Sq Foot Lot which is only 413 Sq feet Short of the Standard 5,000 Sq Foot Beach Lot. Do a Total Renovation on the 8 Room, 5 Bedroom Grandfathered Cottage. With the original open frame construction you can easily do an open Floor Plan Beach House. Also comes with a Small 2 car garage on a Separate Lot of Record That should be able to be Converted into a Separate Living Unit (Guest Quarters) with Permits. The Cottage has Town Water and Sewer, Full Bath, Fireplace and is Ready for a complete Restoration. Take the Existing Cottage and Garage Down and Build Your Dream 3 Story Beach House. This is a Under Size 33 foot wide lot but you own 33 FEET OF the Beach to the Low Water Mark. A chance to get on Private Moody (Ogunquit) Beach at a More Reasonable Price.

Mortgage Info


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Est. Mortgage:
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Federal 30-year interest rate: 3.07% last updated on Jul 2, 2020. * All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Property Details of 501 Ocean Avenue

Property Details

Interior Features

  • Description: Original Turn of the Century Summer Beach Cottage on Sandy Moody (Ogunquit Beach) on a 4,587 Sq Foot Lot which is only 413 Sq feet Short of the Standard 5,000 Sq Foot Beach Lot. Do a Total Renovation on the 8 Room, 5 Bedroom Grandfathered Cottage. With the original open frame construction you can easily do an open Floor Plan Beach House. Also comes with a Small 2 car garage on a Separate Lot of Record That should be able to be Converted into a Separate Living Unit (Guest Quarters) with Permits. The Cottage has Town Water and Sewer, Full Bath, Fireplace and is Ready for a complete Restoration. Take the Existing Cottage and Garage Down and Build Your Dream 3 Story Beach House. This is a Under Size 33 foot wide lot but you own 33 FEET OF the Beach to the Low Water Mark. A chance to get on Private Moody (Ogunquit) Beach at a More Reasonable Price.
  • Waterfront: Yes
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Appliances Included: Electric Range

Exterior Features

Utilities and Appliances

Other Details

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Wells, ME Demographics

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Wells, ME Real Estate Market Data

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Wells, ME Schools

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2020 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Olde Port Properties participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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