Condominium at 376 Mile Road, Wells
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$315,000

376 Mile Road
Wells, ME 04090
Listed by Lorilyn Barrett · Coldwell Banker Yorke Realty
Bedrooms
2
Bathrooms
1
Living area
N/A
Year built
1960

About this home

YOUR MAINE BEACH GETAWAY IS JUST STEPS FROM THE SAND! Welcome to Bellevue by the Sea, one of Wells' most sought-after seasonal condominium communities, where this stand-alone 2-bedroom, 1-bath cottage offers an exceptional opportunity to enjoy the best of coastal Maine. Located just 500 feet from beautiful Wells Beach, you'll love the convenience of leaving the car behind and spending your days by the ocean. Inside, the cottage features a bright, open living space with a seamless kitchen and living room layout featuring vaulted ceilings, creating a comfortable setting for relaxing after a day at the beach. This unit is ready for immediate personal enjoyment or to begin generating seasonal rental income. An on-property separate building enhances the experience with outstanding amenities, including a heated indoor pool, hot tub, sauna, game room, changing facilities with showers, laundry and a community gathering area complete with a sink and ice machine. A convenient rental management program makes ownership easy for those looking to maximize rental opportunities while minimizing day-to-day management. The location puts you in the heart of everything Wells has to offer including local restaurants, cafés, ice cream stands, mini golf, and shops, or take a short drive to the Rachel Carson National Wildlife Refuge, Drakes Island Beach, Moody Beach, Footbridge Beach in Ogunquit, Perkins Cove, Marginal Way, several area golf courses, and countless dining and entertainment destinations throughout Southern Maine. Seasonal occupancy is permitted from mid-April through October. Rentals are allowed, making this an excellent option for both personal use and investment. Please note that pets are not permitted. Whether you're looking for a carefree beach retreat, a seasonal family escape, or an income-producing coastal property, this is a rare opportunity to own in one of Wells' most desirable beachside communities.

Property details

MLS #
5099991
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
30
On market date
N/A
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.02 acres
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Est. monthly payment
$2,047/mo
$63,000 down
$252,000 loan
Principal & interest$1,634
Property tax (est.)$263
Home insurance (est.)$150

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