Rare Old Orchard Beach Vacation Home/Investment Opportunity - Just 100 Feet to the Beach! First time on the market in over 60 years! This exceptional coastal property is a rare opportunity to own a versatile beach retreat just 100 feet from the ocean with water views from the inviting front porch. Located within walking distance to Old Orchard Beach's seven-mile sandy beach, the Pier, restaurants, shopping, and entertainment, this unique property features a charming, spacious main house in front, plus a detached unit with lots of storage below and a two-bedroom guest cottage above--ideal for multi-generational living, vacation use, or potential rental income. Whether you're looking for a vacation home, income-producing property, family compound, or investment opportunity, this one-of-a-kind offering provides endless possibilities in one of Maine's most sought-after beach communities. Properties in this location are rarely available, especially those that have remained in the same family for more than six decades. Enjoy breathtaking ocean breezes, morning coffee with water views, and the convenience of being just steps from the beach while still close to everything that Old Orchard Beach is famous for. Don't miss this once-in-a-generation opportunity to own a true Maine beach property in an unbeatable location.
Single-familyProperty Type
1909Year Built
4,791 sq ftLot Size
$670Price/Sq.Ft.
5 spacesParking
Listed by Marianne Mosesso• Coldwell Banker Realty
The beachfront resort district BRD is a zoning district which accommodates a mix of residential uses and seasonal resort accommodations. The building stock consists of seasonal accommodations and yearround homes. This district is characterized by low-rise development, and the district provisions are designed to maintain the lower profile of this section of the towns beachfront. The mix of commercial and residential uses require the establishment of good neighbor performance standards where commercial uses and seasonal accommodations abut residential uses. These standards are found in the performance standards that are specific to the district.
Permitted uses
Include but are not limited to:
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Lodging & hospitality
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 87° expected this year, 19 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Old Orchard Beach, ME • 04064
Average low and high temperatures (°F)
31
15
34
14
45
28
53
37
64
47
75
57
79
62
77
56
72
52
62
42
50
33
36
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5 Roussin St
$1,282,852
$16K under list price of $1.30M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $540K to $1.0M.