Last Sold Price
3 beds1,040 sqft$1,514/sqft
296 Island Beach Rd, Wells, ME 04090

Description

This single level 3-bedroom 1.5 Bath is awaiting its next owner. Complete with an attached garage which converts to a screened in area for those warm summer days and nights. Situated across from the Atlantic Ocean with right of way to the sandy beach of Drakes Island across the street this piece of real estate is a rare find here on Drakes Island. This home did not receive any damage in the January storms, Keep the structure for your own usage, use as a rental, or build your dream home on the lot....This single level 3-bedroom 1.5 Bath is awaiting its next owner. Complete with an attached garage which converts to a screened in area for those warm summer days and nights. Situated across from the Atlantic Ocean with right of way to the sandy beach of Drakes Island across the street this piece of real estate is a rare find here on Drakes Island. This home did not receive any damage in the January storms, Keep the structure for your own usage, use as a rental, or build your dream home on the lot. Located at the end of a dead-end street, this enables you to have quiet enjoyment while having direct access to some of the best beaches in New England. Drakes Island has a community center, tennis facilities along with many recreational activities for children and adults. Don't miss out on your opportunity to make this a place that will provide many years of treasured memories. Additional photos and drone to be added prior to showing date of 8/29
LISTING CLOSED: 10/03/2024 12:00 AM

  1. Listed by Stephanie Tremblay • Coldwell Banker Realty
    P: (207) 967-9900 Matt.Vire@NEMoves.com
  2. Listed by Catherine Bame • Coldwell Banker Realty
    P: (207) 967-9900 Matt.Vire@NEMoves.com

Property Details for 296 Island Beach Road

Status
MLS #
1600574
Days on Market
6
Taxes
$8,936 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1956
Lot Size
0.17 AC / 7,405 SF
Architectural Style
Ranch
Style
Ranch
View
Scenic
Has Waterfront
No
Zoning
Res

Recent comparable sales

Median sold price

$1,100,000

Avg days on market

65

Sale-to-list ratio

92.8%

Wells, ME

9 comparable properties found

$856,000 | 34 Grove Street, Wells, ME 04090
1/36
1

$856,000

Sold 01/08/25

3
Bedrooms
1,181
Square Feet
0.14
Acres
$815,000 | 54 Ox Cart Lane, Wells, ME 04090
1/53
2

$815,000

Sold 09/13/24

3
Bedrooms
1,020
Square Feet
0.17
Acres
$1,245,000 | 454 Ocean Avenue, Wells, ME 04090
1/46
3

$1,245,000

Sold 07/31/26

3
Bedrooms
1,017
Square Feet
0.12
Acres
$1,780,000 | 240 Island Beach Road, Wells, ME 04090
1/55
4

$1,780,000

Sold 09/26/25

4
Bedrooms
1,868
Square Feet
0.18
Acres
$1,500,000 | 12 Summit Terrace, Wells, ME 04090
1/2
5

$1,500,000

Sold 08/22/25

4
Bedrooms
1,539
Square Feet
0.16
Acres
$449,000 | 241 Sanford Road, Wells, ME 04090
1/22
6

$449,000

Sold 10/03/25

3
Bedrooms
1,123
Square Feet
0.12
Acres
$1,100,000 | 201 Atlantic Avenue, Wells, ME 04090
1/44
7

$1,100,000

Sold 06/27/25

3
Bedrooms
756
Square Feet
0.1
Acres
$1,400,000 | 2 Gold Ribbon Drive, Wells, ME 04090
1/28
8

$1,400,000

Sold 01/30/26

3
Bedrooms
2,452
Square Feet
0.21
Acres
$481,500 | 68 Hershey Lane, Wells, ME 04090
1/39
9

$481,500

Sold 04/11/25

3
Bedrooms
1,200
Square Feet
0.63
Acres

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Coldwell Banker Realty

Add your commute

Building Information for 296 Island Beach Road

Stories-Year Built1956Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$8,750 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,006

Property Taxes

$745

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 296 Island Beach Road

Summary
Location and General Information
  • Water View: Yes
  • Location: Near Public Beach, Near Town, Neighborhood
  • Page: 0322
  • Zoning Overlay: No
  • Directions: GPA Accurate At End of Drakes Island Rd take a left onto Island Beach Rd. This is a dead end. Home will be on the left.
  • Latitude: 43.328451
  • Longitude: -$70.55
  • Transportation: Major Road Access, Near Airport, Rail Available
  • Water Body Type: Ocean
  • Water Body Name: Atlantic Ocean
Taxes and HOA
  • Association: No
  • Parcel Number: WLLS-000142-000000-000063
  • Tax Lot: 63
  • Tax Block: 063
  • Tax Book Number: 3144
  • Tax Map Number: 0142
  • Tax Year: 2023
  • Tax Annual Amount: $8,936.00
Parking
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance
  • Parking: 1 - 4 Spaces
  • Vehicle Storage: 1 Car, Attached, Direct Entry to Living
  • Has Attached Garage: Yes
  • Garage Spaces: 1.0
  • Has Garage: Yes
School Information
  • High School District: Wells-Ogunquit CSD
Property
Lot Information
  • Lot Features: Level, Near Public Beach, Near Town, Neighborhood
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 7405.2
  • Lot Size Units: Acres
  • Roads: Dead End, Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 75.0
  • Source of Road Frontage: Public Records
  • Site: Level
Property and Assessments
  • Above Grade Finished Area: 1040.0
  • Building Area Source: Public Records
  • Building Area Total: 1040.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Construction: Other, Wood Frame
  • Structure Type: Modular
  • Structure Type: Modular
  • Year Built: 1956
Building Features
  • Foundation Details: Gravel/Pad
  • Foundation Materials: Gravel/Pad
  • Construction Materials: Shingle Siding, Other, Wood Frame
Financial Information
  • List Price/SqFt: $1,586.54
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: K-1/Kerosene
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Recreational Water: Beach Rights, Deeded, Nearby, Public, River/Brook/Stream, ROW to Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Exterior: Shingle Siding
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Laundry - 1st Floor, One-Floor Living
  • Appliances: Washer, Refrigerator, Electric Range
  • Appliances Included: Electric Range, Refrigerator, Washer
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Decimal: 1.5
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Equipment: Internet Access Available, Cable
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Other Equipment: Internet Access Available, Cable
  • # Full Baths Level 1: 1
  • # Half Baths Level 1: 1
  • Rooms Total: 5
  • Basement: Crawl Space, Not Applicable
  • Basement: Crawl Space
  • Basement Entry: Not Applicable
  • Has Fireplace: No
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump, Forced Air
  • Has Heating: Yes
  • Flooring: Wood, Vinyl
  • Interior Features: 1st Floor Bedroom, One-Floor Living
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: First
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: First
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Level: First
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Countertop: Solid Surface
Laundry
  • Laundry Room Amenities: Laundry - 1st Floor, Main Level
Living Room
  • Living Room: Living Room
  • Living Room Level: First
Rental
Rent Information
  • Land Lease: No

Property History for 296 Island Beach Road

DateEvent & SourcePriceAppreciation
Oct 3, 2024

Sold (Public Record)

Public Record #1542391454

$1,575,000
Oct 3, 2024

Sold

Maine Listings #1600574

$1,575,000
Sep 4, 2024

Pending

Maine Listings #1600574

DateEvent & SourcePrice
10/03/2024

Sold (Public Record)

Public Record #1542391454

$1,575,000
10/03/2024

Sold

Maine Listings #1600574

$1,575,000
09/04/2024

Pending

Maine Listings #1600574

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 296 Island Beach Road

Taxable ValueLand$1,324,280Additions$175,030Total$1,499,310
Tax Record2025$9,686 ($807 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories1Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1988ZoningRDCountyYORKAPNWLLS M:142 L:63

Schools near 296 Island Beach Road

This home is within Wells-Ogunquit Community School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Wells Elementary School
PublicK to 4

Wells Junior High School
Public5 to 8

Wells High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 296 Island Beach Road, Wells, ME 04090
$1,575,000
3
1,040
7,405
5
3
3,064
7,405
3
2
1,860
14,810
4
3.5
2,960
11,326
4
2
1,593
11,326
3
2.5
2,100
11,326

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.