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About This Home

This 1-bedroom, 1-bathroom condo at 78 E Grand Avenue in Old Orchard Beach, ME is listed for $215,000 ($802 per sqft). Built in 1948, the home offers 268 sqft of living space on a 0.33 acres lot.

Agent Description

Looking for a beachside investment and vacation getaway? This first-floor, single-level condo at Ocean Landings is just one block from the sand and surf of Old Orchard Beach—seven miles of walkable coastline that includes the iconic Old Orchard Beach Pier.

If you're dreaming of summer retreats and a nightly short-term rental opportunity, this property checks the boxes. Originally converted in 2022 from a motel, this efficient one bedroom unit offers modern finishes, updated countertops and appliances, and a layout that maximizes comfort and convenience.

The sale includes the wall mounted TVs and the furniture. No stairs to climb—this unit is easily accessible with a dedicated off-street parking space in front, with a direct connection to Walnut Street for easy in-and-out access. Located less than a half mile from restaurants, shops, and public transportation, this condo is both a peaceful retreat and a central hub for exploring Old Orchard Beach.

The association allows pets for owners, not guests, with some rules including two per unit, dogs under 30 pounds, cats and other household pets. There are no rental restrictions so you can rent it nightly or longer. This condo is an ideal fit for investors and vacation home owners. You can walk out your door with a cup of coffee to watch the sunrise over the Atlantic as you enjoy a walk on the beach. Then you can rent it out when you are out of town. This is great Maine coastal vacationing just steps from the beach!

Key Features

  • Built in 1948
  • 0.33 acre lot

Property Details

1 full
1948

Amenities

A/CRV Parking

Monthly Cost Estimate

$1,425/mo

20% down · 6.5% · 30 years

Principal$155
Interest$932
Insurance$63
HOA$275

Estimates only. Actual payments may vary.

Location

78 E Grand Avenue

Old Orchard Beach, ME 04064

Property Details

Flooring

Vinyl

Construction

Vinyl Siding Wood Frame

Parking

RV

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 1-bedroom, 1-bathroom condo at 78 E Grand Avenue is listed at $215,000 ($802/sqft). The estimated monthly payment is $1,207 based on 20% down at 6.5% interest.

HOA fees are $275/month.

Key features include: Built in 1948, 0.33 acre lot.

This property is listed by David Marshall and can be reached at 2074096617 or David@DavidMarshallTeam.com.

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DM

David Marshall

Agent at EXP Realty

(207) 409-6617

Listed by EXP Realty

MLS# 1617187· Source: listhub· Updated today

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78 E Grand Avenue, Old Orchard Beach, ME 04064

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