1 E Grand Avenue 506, Old Orchard Beach, ME 04064
$799,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,339
Lot Size (sq. ft.):
62,726
Status:
Pending
Current Price:
$799,000
List Date:
2/10/2026
Last Modified:
3/25/2026
Description
Perched on the top floor of the exclusive Grand Victorian Hotel Condominium, this well-appointed 2-bedroom, 2-bath residence offers both comfort and proven income potential. Originally built as an investment property, the unit is ideally suited for short-term rentals, with winter and summer tenants already in place—providing immediate, built-in revenue for the new owner.
The top-floor location offers added privacy and a quiet retreat after a day of enjoying the area's amenities. Owners and guests appreciate access to the Grand Victorian's hotel-style features - indoor heated saltwater pool, sauna and fitness room; all within a professionally managed condominium association. Whether you're seeking a turnkey investment or a flexible ownership opportunity, this condo delivers a rare combination of location, convenience, and income stability.
Supplements: ********
More Information MLS# 1651590
Property Sub-Type
Property Sub-Type: Condominium
Location Information
Street #: 1
Pre Direction: E
Street Name: Grand
Street Type: Avenue
Unit #: 506
County: York
Town: Old Orchard Beach
State/Province: ME
Zip Code: 04064
Zip +4: 2865
Leased Land: No
Book: 15130
Page: 122-123
Map: 306
Block: 1
Lot: 2-506
Zoning: CZ-1
Zoning Overlay: Unknown
Neighborhood Association: Grand Victorian Hotel Condominium
Association: Yes
Association Fee: 838
Fee Frequency Paid: Monthly
Full Tax Amount $: 7886
Tax Year: 2024
Tree Growth Y/N: No
Geo Lat: 43.515563
Geo Lon: -70.373295
Contract Information
Status: Pending
Original List Price: 799000
List Price: $799,000
Current Price: $799,000
Property Information
Surveyed: Yes
Seasonal: No
Deed/Conveyance Type Offered: Warranty
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
# Rooms: 4
# Bedrooms: 2
Total Full Baths: 2
Total Baths: 2
Furniture: Furnished
Year Built: 2006
SqFt Finished Above Grade: 1339
SqFt Finished Total: 1339
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 1.44
Source of Acreage: Public Records
Status Change Info
Pending Date: 2026-03-08
Water Info
Water Frontage: Yes
Waterfront Amount: 100
Water Frontage Shared: 100
Water View: Yes
Water Body Name: Atlantic Ocean
Island: No
Condominium
Unit Type: Condo
Floor #: 5
FHA Certification: No
Rental Allowed: Yes
Units in Building: 51
Parking
Reserved Parking: Yes
Reserved Parking Spaces: 2
Property Features
Site: Level; Sidewalks; Well Landscaped
Location: Intown; Near Golf Course; Near Public Beach; Near Railroad; Near Shopping; Near Turnpike/Interstate
Roads: Paved; Public
Transportation: Rail Available
Source of Water Frontage: Public Records
Water Body Type: Ocean
Recreational Water: Beach Rights; Common; Oceanfront; Waterfront Tidal
View: Scenic
Appliances Included: Cooktop; Dishwasher; Dryer; Microwave; Refrigerator; Wall Oven; Washer
Kitchen Countertop: Granite
Style: High Rise
Construction: Steel Frame
Basement: Slab
Basement Entry: Not Applicable
Foundation Materials: Slab
Roof: Shingle
Exterior: Composition
Heat System: Forced Air
Heat Fuel: Propane
Water Heater: Electric
Cooling: Central Air
Floors: Tile; Wood
Amenities: Bathtub; Elevator Passenger; Fire System; Laundry - 1st Floor; One-Floor Living; Pool-In Ground
Patio and Porch Features: Deck
Equipment: Cable; Internet Access Available
Driveway: Common; Paved
Parking: 1 - 4 Spaces; Off Site; On Site; Paved
Vehicle Storage: No Vehicle Storage
Restrictions: 2 Pets
Electric: Circuit Breakers
Gas: Bottled; Underground
Sewer: Public Sewer
Water: Public
Room Information
Kitchen
Level: First
Living Room
Level: First
Bedroom 1
Level: First
Bedroom 2
Level: First
Listing Office: Grand Real Estate & Management
Last Updated: March - 25 - 2026
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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
