# 835 Ocean Avenue, Wells, ME 04090

> **TL;DR:** land, $1,395,000. Est. $6,045/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,395,000 |
| Lot Size | 21,780 sqft (0.50 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,045 |
| **Total** | **$6,045** |

## Property Highlights

- 0.50 acre lot

## Description

### Agent Description
A rare development opportunity on Ocean Avenue in Wells, this half-acre corner lot at Ocean Avenue and Eldridge Road offers exceptional flexibility just a short walk to the beach. With seasonal marsh views, public water and sewer, and a preliminary survey already completed, the groundwork is in place for a variety of redevelopment options. Subject to local approvals, buyers may choose to replace the existing structure with a new single-family home or duplex, subdivide the parcel into three single-family lots, or create two conforming lots--each capable of supporting a single-family home or duplex. Depending on the approach, the site may offer the potential for as many as four total units. This flexibility creates multiple potential exit strategies, including build-and-sell, condominium development, long-term hold, or owner-occupancy with additional units for resale or income. Based on its potential yield of up to four units, the property represents an attractive land basis per possible unit relative to other coastal opportunities. Potential future changes to accessory dwelling unit (ADU) regulations may further enhance the property's versatility and overall value. Few properties in Wells offer this combination of location, infrastructure, and development potential so close to the coast. 835 Ocean Avenue presents a unique opportunity to unlock value in one of southern Maine's most desirable beachside markets. Call today for more information!

## Location

- **Address:** 835 Ocean Avenue, Wells, ME 04090
- **County:** York
- **Coordinates:** 43.289698, -70.57687
- **Google Maps:** https://www.google.com/maps?q=43.289698,-70.57687

## Listing Agent

- **Name:** Anchor Real Estate
- **Brokerage:** Anchor Real Estate
- **Phone:** 2073615007
- **Email:** sales@anchorrealestatecompany.com

## Primary Photo

![835 Ocean Avenue - Primary Photo](http://lh.rdcpix.com/199457275ef8dc63d041361057bda4f6l-f1148193724r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/835-ocean-avenue-wells-me-04090-1656918)*

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**MLS#:** 1656918 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/835-ocean-avenue-wells-me-04090-1656918)

---

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