481 Drakes Island Rd

Wells, ME 04090

$1,799,000
Price
4
Beds
1,120 Sq. Ft.
$1,606 / Sq. Ft.
1,120
Sq. Ft.
$1,606
per Sq. Ft.
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Description

DRAKES ISLAND - Set back from the road under a stand of mature pines that gave the cottage its name, Pine Cottage has been in the same family since the 1930's. Just moments from the sandy shores of Drakes Island Beach, this inviting home captures the essence of Maine living with a bright front porch and sunroom, welcoming outdoor spaces, and easy access to the area's natural beauty. The home includes 4 bedrooms, 2 baths, and an oversized, surveyed lot with room for lawn games and expansion. Pine...DRAKES ISLAND - Set back from the road under a stand of mature pines that gave the cottage its name, Pine Cottage has been in the same family since the 1930's. Just moments from the sandy shores of Drakes Island Beach, this inviting home captures the essence of Maine living with a bright front porch and sunroom, welcoming outdoor spaces, and easy access to the area's natural beauty. The home includes 4 bedrooms, 2 baths, and an oversized, surveyed lot with room for lawn games and expansion. Pine Cottage lives large with an open concept first floor plan, including a dining room that has hosted four generations of the same family. Built in 1900, the cottage is believed to be one of the original homes on Drakes Island, and at one point, served as the community house for the 1920's island colony. The Drakes Island Improvement Association offers recreational facilities including clubhouse, classes, day camp and tennis. Membership is optional at 200 per year. This charming coastal retreat delivers an exceptional location near beaches, nature preserves, local restaurants, and all that Wells and the Southern Maine coast provides. Enjoy morning walks by the ocean, relaxing afternoons on the deck, and breathtaking sunsets in one of Maine's most sought-after beach communities. A rare opportunity to own a piece of the Maine coast in a premier Wells location.
  1. Listed by Margaret Mitchell • Coldwell Banker Yorke Realty
    P: (207)-752-3489 C: (207)-752-3489 margaret@margaretmitchellre.com
  2. Listed by Sharon Beaudoin • Coldwell Banker Yorke Realty
    P: (617)-352-1203 C: (617)-352-1203 sharonyorkerealty@gmail.com

Property Details for 481 Drakes Island Road

Architectural Style
Bungalow, Cape Cod, Cottage
Furnished
Furnished
View
Scenic
Has Waterfront
No
Waterfront Features
Nearby, Public
Zoning
RD
LISTING UPDATED: 06/28/2026 10:54 AM

Property Details for 481 Drakes Island Road

StatusActive
MLS #1666252
Days on Market26
Taxes$10,574 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1900
Lot Size0.23 AC / 10,018 SF
CountyYork County
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Location

Listing Courtesy of Coldwell Banker Yorke Realty
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Building Information for 481 Drakes Island Road

Stories-Year Built1900Building Size-Lot Size0.23 AC / 10,018 SF

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$9,846 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,965

Property Taxes

$881

HOA Dues

$0

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Property Information for 481 Drakes Island Road

Summary
Location and General Information
  • Water View: No
  • Page: 918
  • Zoning Overlay: Yes
  • Directions: From Rt. 1 in Wells, take Drakes Island Road. Go 1.1 miles. House on the right just before the beach entrance. Look for sign.
  • Latitude: 43.324907
  • Longitude: -$70.55
  • Transportation: Major Road Access
Taxes and HOA
  • Association: No
  • Parcel Number: WLLS-000142-000000-000004
  • Tax Lot: 4
  • Tax Book Number: 174504
  • Tax Map Number: 142
  • Tax Year: 2025
  • Tax Annual Amount: $10,574.00
Parking
  • Parking Features: Gravel, 1 - 4 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
School Information
  • High School District: Wells-Ogunquit CSD
Property
Lot Information
  • Lot Features: Intown, Near Public Beach, Near Turnpike/Interstate, Level, Landscaped
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10018.8
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 100.0
  • Source of Road Frontage: Survey
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 1120.0
  • Building Area Source: Public Records
  • Building Area Total: 1120.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: Yes
  • Year Built: 1900
Building Features
  • Foundation Details: Block
  • Construction Materials: Wood Frame, Shingle Siding
  • Other Structures: Outbuilding
  • Color: Cedar
Financial Information
  • List Price/SqFt: $1,606.25
Green Features
  • HERS Certified: No
Utilities
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Roof: Composition, Pitched, Shingle
Interior Features
  • Amenities: Laundry - 1st Floor
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Equipment: Cable, Internet Access Available
  • Fireplaces Total: 1
  • Laundry Features: Main Level
  • Other Equipment: Cable, Internet Access Available
  • # Full Baths Level 1: 1
  • # Full Baths Level 2: 1
  • Rooms Total: 8
  • Basement: Interior Entry, Dirt Floor, Crawl Space
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck, Glassed-in Porch
  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Propane, Direct Vent Heater
  • Has Heating: Yes
  • Flooring: Wood
Room Information
Primary Bedroom
  • Primary Bedroom: Primary Bedroom
  • Primary Bedroom Level: Second
  • Primary Bedroom Amenities: Closet, Vaulted Ceiling
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: Second
  • Bedroom Amenities 2: Closet
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Level: Second
  • Bedroom Amenities 3: Closet
Bedroom 4
  • Bedroom 4: Bedroom 4
  • Bedroom 4 Level: Second
  • Bedroom Amenities 4: Closet
Dining Room
  • Dining Room: Dining Room
  • Dining Room Level: First
  • Dining Room Amenities: Built-Ins, Dining Area
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Countertop: Butcher Block
Laundry
  • Laundry Room Amenities: Main Level
Living Room
  • Living Room: Living Room
  • Living Room Level: First
  • Living Room Amenities: Gas Fireplace
Sun Room
  • Sunroom: Sunroom
  • Sunroom Level: First
  • Sunroom Amenities: Four-Season, Heated
Rental
Rent Information
  • Land Lease: No

Property History for 481 Drakes Island Road

DateEvent & SourcePriceAppreciation
Jun 9, 2026

Listed (Active)

Maine Listings #1666252

$1,799,000—
DateEvent & SourcePrice
06/09/2026

Listed (Active)

Maine Listings #1666252

$1,799,000

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

Public Records for 481 Drakes Island Road

Taxable ValueLand$1,415,800Additions$221,060Total$1,636,860
Tax Record2025$10,574 ($881 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories1Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1993ZoningRDCountyYORKAPNWLLS M:142 L:4Fireplace TypeHas Fireplace

Schools near 481 Drakes Island Road

This home is within Wells-Ogunquit Community School District.
Rating
School
Type
Grades
Distance
Wells Elementary School
Public - K to 4
Wells Junior High School
Public - 5 to 8
Wells High School
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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More information about 481 Drakes Island Road, Wells, ME 04090

481 Drakes Island Road is a single family home for sale in Wells, ME 04090. This property was listed for sale on June 9, 2026 by Coldwell Banker Yorke Realty, it's currently listed at $1,799,000. This listing's school district is Wells-Ogunquit Community School District. Nearby schools include Wells Elementary School, Wells Junior High School and Wells High School. 481 Drakes Island Road is a 4-bed, 2-bath, 1,120 sqft single family home built in 1900.

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 Yorke 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.