For the first time since 1940, 'Althea'—one of the original Moody Beach cottages—is available for sale, and it's ready to write its next chapter.
This rare coastal treasure offers 2,784 square feet of flexible living, including 5 bedrooms, 3 full baths, and an oversized deck perfect for gathering, lounging, or stargazing. Nestled just steps from the private beach access reserved for waterfront residents, this home blends the warmth of a close-knit beach community with the serenity of your own coastal escape.
Set up as a versatile two-unit property, you have endless options: live in one side and rent the other, welcome extended family with comfort and privacy, or maximize rental potential in a highly sought-after location. With ample parking and modern upgrades woven into its original charm, this property is as functional as it is nostalgic.
Whether you're envisioning a cherished family legacy, an income-generating investment, or a peaceful year-round retreat, Althea delivers the best of classic Maine living—timeless, inviting, and full of possibility.
Own a slice of Moody Beach history and make it your own coastal legacy. Private showings now available—don't let this landmark property slip away.
Closed
$1,700,000
511 Ocean Avenue, Wells, ME 04090
5beds
2,784sqft
Single Family Residence
Built in 1930
7,840.8 Square Feet Lot
$571,700 Zestimate®
$611/sqft
$2,997 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 20, 2025 at 01:16pm
Listed by:
Berkshire Hathaway HomeServices Verani Realty
Bought with:
Pack Maynard and Associates
Source: Maine Listings,MLS#: 1627236
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: First
Bedroom 5
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Mud room
- Level: First
Other
- Level: First
Sunroom
- Level: First
Heating
- Forced Air, Other
Cooling
- Other, Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Features
- 1st Floor Bedroom
- Flooring: Tile, Vinyl
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 2,784
- Total interior livable area: 2,784 sqft
- Finished area above ground: 1,904
- Finished area below ground: 880
Property
Parking
- Parking features: Paved, 5 - 10 Spaces
Features
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Scenic
- Body of water: Atlantic Ocean
- Frontage length: Waterfrontage: 57,Waterfrontage Owned: 57
Lot
- Size: 7,840 sqft
- Features: Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Level
Details
- Parcel number: WLLSM112L161
- Zoning: RB
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wells
Other
Other facts
- Road surface type: Paved