289 Webhannet Drive, Wells, ME 04090

$1,700,000

This building called "Pennys House" has 2 Motel Units, 2 garage bays, and a 2 story home on the top 2 floors with amazing water views.

Entrance to the Beach across the street from Moody's Cottages.

Cresent Beach looking toward the Main part of Wells Beach

Cresent Beach looking to the right towards Fishermans cove

Marsh views off the back of the property

Another view of the marsh off the back of the property

This building has the office, a 1 bedroom home with additional sleeping loft space, a storage area, laundry room, and 3 motel units on the top floor.

This is the "Pam Cottage" which has a 2 bedroom home on the first floor and 2 motel units on the second floor and looks out on the marsh in the back and peek a boo ocean views in the front

Property Type: Commercial Square Footage: 9,732 Lot Size (sq. ft.): 32,234 Status: Closed

Current Price: $1,700,000 List Date: 4/02/2019 Last Modified: 12/29/2024

Overview

Description

Would you like to purchase a thriving Rental business with 19 Total Units across from the Ocean at Cresent Beach in Wells? Moody's Cottages has never been available for sale before! This property has wonderful ocean views on one side and the Rachel Carson Wildlife preserve on the other side. There are 9 Motel Room Units and 10-2 Bedroom Units within the 7 Buildings on the property that is .74 acres. The buildings range in age from 1950 to 2002 and have all been meticulously maintained and have nice furnishings and updated finishes. The property can be sold turn key with all furniture staying with the property and all renters in place for the 2019 season. The property is actually 3 different lots of record and could be subdivided in the future if people wish (the current sellers have no desire to do this). Come enjoy the beautiful sounds of the waves crashing, the beautiful views of both the marsh & the ocean from the multiple decks and walk across to the Beach! Trolley stop too!

Listing Details MLS# 1408788

Location Information

Street #: 289
Street Name: Webhannet
Street Type: Drive
County: York
Town: Wells
State/Province: ME
Zip Code: 04090
Zip +4: 4230
Leased Land: No
Book: 8866
Page: 251
Map: 0119
Lot: 003
Zoning: RB
Zoning Overlay: No
Full Tax Amount $: 13798
Tax Year: 2017
Association Y/N: No

Contract Information

Original List Price: 3400000

Property Information

Primary Use: Mixed Use
Surveyed: Yes
Deed/Conveyance Type Offered: Warranty
Deed: All
Bank Owned REO: No
Leases: No
SqFt Finished Total: 9732
Lot Size Acres +/-: 0.74

Status Change Info

Pending Date: 2019-11-04
Closed Date: 2020-03-02
Closed Price: 1700000

Water Info

Water Frontage: Yes
Waterfront Amount: 150
Water Frontage Owned: 150
Water View: Yes
Water Frontage Shared: 0

Utilities

Utilities On: Yes

More Information

Location

Water View: Yes

Source of Water Frontage

Deed: Yes

Property Uses

Hotel/Motel: Yes
Resort: Yes

Construction

Wood Frame: Yes

Basement

Crawl Space: Yes
Dirt Floor: Yes
Full: Yes
Unfinished: Yes
Walk-Out Access: Yes

Foundation Materials

Block: Yes
Poured Concrete: Yes

Exterior

Vinyl Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes
Direct Vent Heater: Yes
Zoned: Yes

Heat Fuel

Electric: Yes
Oil: Yes

Cooling

Wall/Window Unit(s): Yes

Floors

Carpet: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Parking

21+ Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

No Gas: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Property Features

Location: Water View Source of Water Frontage: Deed Construction: Wood Frame Property Uses: Hotel/Motel; Resort Basement: Crawl Space; Dirt Floor; Full; Unfinished; Walk-Out Access Foundation Materials: Block; Poured Concrete Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Direct Vent Heater; Zoned Heat Fuel: Oil Cooling: Wall/Window Unit(s) Floors: Carpet; Tile; Vinyl; Wood Parking: 21+ Spaces; On Site; Paved Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

IDX

Listing Office: Moody Maxon Real Estate

Selling Office: Moody Maxon Real Estate

Last Updated: December - 29 - 2024

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.