Last Sold Price
13,068 Lot Size0.3 Acres
315 Island Beach Rd, Wells, ME 04090

Description

Exclusive Oceanfront Lot in prime Drake's Island location. Discover the perfect canvas for your dream coastal retreat with this prestigious beachfront lot that has stood the test of time. Weathering storms without damage, this location is located in one of Maine's most sought-after locations. Nestled along a pristine stretch of shoreline, this expansive property offers breathtaking panoramic ocean views, direct beach access, and unparalleled privacy—a rare opportunity in today's market. Property...Exclusive Oceanfront Lot in prime Drake's Island location. Discover the perfect canvas for your dream coastal retreat with this prestigious beachfront lot that has stood the test of time. Weathering storms without damage, this location is located in one of Maine's most sought-after locations. Nestled along a pristine stretch of shoreline, this expansive property offers breathtaking panoramic ocean views, direct beach access, and unparalleled privacy—a rare opportunity in today's market. Property Highlights: • Prime Location: Situated in a highly desirable and exclusive coastal enclave, just minutes from charming seaside towns, fine dining, and boutique shopping. • Spectacular Views: Enjoy uninterrupted vistas of the Atlantic Ocean, where sunrises paint the sky, and waves provide a soothing soundtrack. • Direct Beach Access: Step from your backyard onto soft sandy shores, perfect for morning walks, sunbathing, or water activities. • Spacious Lot: Ample acreage to design a custom luxury home, guesthouse, or private retreat, all while preserving privacy and maximizing oceanfront exposure. • Investment Potential: A rare offering in an area known for high property values, making this an exceptional investment opportunity. The offer includes a current DEP building permit with underground utilities in place for town sewer, water, and electricity. Included are house plans from a local prominent builder for a luxurious 7-bedroom, 5.5-bathroom home with 5,373 square feet of living space. The spacious decks provide an ideal setting to entertain friends and family while unwinding after a day at the beach. Come make your memories on Drake's Island. The opportunity is available to join the Drake's Island Improvement Association; a great place for family and friends to get to know other residents.
LISTING CLOSED: 09/05/2025 12:00 AM

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

Property Details for 315 Island Beach Road

Status
MLS #
1628948
Days on Market
51
Taxes
$19,519 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
0.30 AC
View
Scenic
Has Waterfront
Yes
Zoning
RD

Recent comparable sales

Median sold price

$300,000

Avg days on market

42

Sale-to-list ratio

89.2%

Wells, ME

9 comparable properties found

$300,000 | 22 Tidewater Way, Wells, ME 04090
1/3
1

$300,000

Sold 07/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.37
Acres
$325,000 | Lot #11 Sanford Rd Wells, Wells, ME 04090
1/54
2

$325,000

Sold 06/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
23.7
Acres
$215,000 | 0 Maplewood Lane, Wells, ME 04090
1/15
3

$215,000

Sold 11/07/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.32
Acres
$212,500 | 0 Buffum Hill Road, Wells, ME 04090
1/10
4

$212,500

Sold 10/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.6
Acres
$160,000 | 719 Post Road, Wells, ME 04090
1/2
5

$160,000

Sold 11/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.28
Acres
$160,000 | 0 Wilson Avenue, Wells, ME 04090
1/6
6

$160,000

Sold 07/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$350,000 | 22 Laudholm Farm Road, Unit 1, Wells, ME 04090
1/17
7

$350,000

Sold 11/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,000
Square Feet
1.43
Acres
$350,000 | 22 Laudholm Farm Road, Unit 6, Wells, ME 04090
1/17
8

$350,000

Sold 11/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,000
Square Feet
1.43
Acres
$350,000 | 22 Laudholm Farm Road, Unit 4, Wells, ME 04090
1/17
9

$350,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,000
Square Feet
1.43
Acres

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Pack Maynard and Associates

Add your commute

Building Information for 315 Island Beach Road

Lot Size0.30 AC

Payment Calculator

$18,908 per month

30 year fixed, 6.55% Interest

Principal and Interest

$17,282

Property Taxes

$1,627

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 315 Island Beach Road

Summary
Location and General Information
  • Water View: Yes
  • Location: Near Country Club, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivision
  • Page: 602
  • Directions: From route 1 turn onto Drakes Island Rd, at the end turn left. Lot is at the end on the right.
  • Latitude: 43.328709
  • Longitude: -$70.55
  • Island: Yes
  • Water Frontage Owned: 110.0
  • Source of Water Frontage: Public Records
  • Waterfront Amount: $110.00
  • Water Body Type: Ocean
  • Water Body Name: Atlantic Ocean
Taxes and HOA
  • Association: No
  • Parcel Number: WLLS-000142-000000-000075
  • Tax Lot: 75
  • Tax Book Number: 19332
  • Tax Map Number: 142
  • Tax Year: 2025
  • Tax Annual Amount: $19,519.00
Parking
  • Parking Features: 1 - 4 Spaces, Gravel, On Site
  • Parking: 1 - 4 Spaces, On Site
School Information
  • High School District: Wells-Ogunquit CSD
Virtual Tour
Property
Lot Information
  • Lot Features: Open, Cul-De-Sac, Level, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 13068.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
  • Site: Cul-De-Sac, Level, Open
Property and Assessments
  • Development Status: Proposed
  • Property Type: Land
  • Deed: All
  • Deed Type Offered: Warranty
  • Restrictions: No Restrictions
Financial Information
  • List Price/Acre: $13,166,666.67
Utilities
  • Electric: Underground, On Site
  • Gas: No Gas
  • Recreational Water: Oceanfront, Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Driveway: Gravel
Mobile Home
Mobile Home Information
  • Mobile Homes Allowed: No
Rental
Rent Information
  • Pets Allowed: No Restrictions

Property History for 315 Island Beach Road

DateEvent & SourcePriceAppreciation
Sep 5, 2025

Sold

Maine Listings #1628948

$3,400,000
Sep 3, 2025

Sold (Public Record)

Public Record #1912365376

$3,400,000

+6.8% / yr

Aug 23, 2025

Pending

Maine Listings #1628948

DateEvent & SourcePrice
09/05/2025

Sold

Maine Listings #1628948

$3,400,000
09/03/2025

Sold (Public Record)

Public Record #1912365376

$3,400,000

+6.8% / yr

08/23/2025

Pending

Maine Listings #1628948

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

Public Records for 315 Island Beach Road

Taxable ValueLand$2,809,090Additions-Total$2,809,090
Tax Record2025$18,147 ($1,512 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,527 SqFtAbove Grade Finished SqFt1,527 SqFtUnfinished Basement SqFt561 SqFtStories1Lot Size13,068 SqFtStyleResidentialYear Built1963Year Renovated1993ZoningRDCountyYORKAPNWLLS M:142 L:75

Schools near 315 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: 315 Island Beach Road, Wells, ME 04090
$3,400,000
13,068
4
2.5
2,888
11,761
$875,000
3
1,884
10,018
$1,850,000
4
2,872
16,117
4
2
2,841
39,640
5
4
4,892
14,810

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.