162 E Grand Avenue 301, Old Orchard Beach, ME 04064
York County
Key Facts
Description
Enjoy the best of Old Orchard Beach from this beautifully renovated top-floor condo with ocean views, just steps from the beach and a short walk to the iconic Old Orchard Beach Pier. Being on the third floor means no one above you, creating a quiet and private retreat. Perfectly situated close to the heart of town yet far enough away to enjoy a more peaceful setting during the busy summer season. Inside, the bright and inviting unit features a stunning vaulted wood ceiling that adds warmth and character to the living space, along with updated flooring, cabinetry, appliances, and a gorgeous tile backsplash in the kitchen. The condo also offers two private decks--one toward the front where you can enjoy ocean views and another in the back, perfect for outdoor dining or relaxing after a day at the beach. Since its last purchase, the property has built a strong track record as a successful short-term rental, with the summer season consistently booked aside from dates the owners reserved for personal use. Whether you're looking for a coastal getaway, an income-producing property, or both, this condo offers the flexibility to enjoy it yourself while generating rental income. Additional conveniences include a dedicated laundry area and storage space in the walkout basement. The property is also conveniently located near the Amtrak Downeaster station and an easy trip to Portland for dining, shopping, and entertainment. With beach access just moments away and the restaurants, shops, and attractions of downtown nearby, this low-maintenance condo is an excellent opportunity to own in one of Maine's most beloved seaside communities.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
New Englander
Year Built
1935
Living Area
714 sq ft
Lot Size
0.06 acres
Zoning
BRD
Days on Market
5
MLS® Listing#
1655894
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Patio
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
HOA
$220 / Monthly
Annual Taxes
$4,746
Tax year 2024
Parcel Number
OOBH-000302-000007-000004-000301
Affordability Calculator
$97,800
Estimated monthly payment
$2,603/mo
Principal $391,200 · Est. interest $545,759 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Old Orchard Beach, ME
- $508,696
- Median Listing Price
- 68
- Median Days on Market
- 1,292
- Median Sq Ft
- $352
- Median Price / Sq Ft
- 180
- Active Listings
- This home’s price is 4% below the area median.
- Its price per sq ft is 95% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Old Orchard Beach, ME.
Location
Points of Interest in Old Orchard Beach, ME
Showing the Old Orchard Beach area map.
Nearby Schools
Old Orchard Beach High School
Secondary · 1.5 mi away
Loranger Middle School
Secondary · 1.6 mi away
Jameson Elementary School
Elementary · 1.7 mi away
Blue Point School
Elementary · 2.2 mi away
Leap N Learn
School · 3.2 mi away
Saco Pre-K
School · 3.3 mi away
Florence M. Lombard Christian School
Elementary · 3.9 mi away
Thornton Academy
School · 4.0 mi away
Lil Folk Farm
School · 4.0 mi away
C K Burns School
Elementary · 4.1 mi away
Pied Piper Nursery School
School · 4.1 mi away
Governor John Fairfield School
Elementary · 4.2 mi away
Our School
School · 4.2 mi away
Spurwink School Nursery PRGRM
School · 4.2 mi away
Little Folk Nursery School
School · 4.3 mi away
Young School
Elementary · 4.4 mi away
Scarborough Public Schools
School · 4.6 mi away
Scarborough High School
Secondary · 4.8 mi away
Wentworth School
Elementary · 5.0 mi away
Saco Middle School
Secondary · 5.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 364 Brunswick Street, Old Town, ME | $347,500 | 4 | 2 | 3,219 |
| 464 Gilman Falls Avenue, Old Town, ME | $365,000 | 3 | 1 | 1,380 |
| 70 E Grand Avenue 114, Old Orchard Beach, ME | $375,000 | 2 | 2 | 715 |
| 41 Smithwheel Road 1, Old Orchard Beach, ME | $379,400 | 3 | 2 | 1,485 |
| 987 Kirkland Road, Old Town, ME | $384,000 | 3 | 2 | 1,344 |
| 745 College Avenue, Old Town, ME | $385,000 | 2 | 2 | 1,638 |
