Sold
Last Sold Price
5 beds2,350 sqft

506 Drakes Island Rd, Wells, ME 04090

Single FamilyProperty Type
0.15 acresLot Size
2013Year Built
$1,277/sq ftPrice per sq ft

Description

Experience coastal living at its finest in this exceptional oceanfront contemporary home perched directly on the sandy shores of Drake's Island Beach. Thoughtfully designed to maximize sweeping Atlantic views and effortless beachside living, this spacious residence offers 5 or 6 bedrooms, four-and-a-half baths, and multiple gathering spaces across three levels. The heart of the home is an open-concept main living area where panoramic ocean vistas provide a stunning backdrop to everyday life. The...Experience coastal living at its finest in this exceptional oceanfront contemporary home perched directly on the sandy shores of Drake's Island Beach. Thoughtfully designed to maximize sweeping Atlantic views and effortless beachside living, this spacious residence offers 5 or 6 bedrooms, four-and-a-half baths, and multiple gathering spaces across three levels. The heart of the home is an open-concept main living area where panoramic ocean vistas provide a stunning backdrop to everyday life. The expansive eat-in kitchen flows seamlessly into the living and sitting areas, creating an inviting space for entertaining family and friends. A convenient powder room completes the main level. A versatile first-floor den with a full ensuite bath offers flexibility as a first-floor bedroom or a great television room. Upstairs, the second level features three guest bedrooms served by a shared bath, along with a serene oceanfront primary suite complete with its own private bath and breathtaking water views. The third floor provides two additional bedrooms and a shared bath, including one bedroom with direct access to a spectacular rooftop deck--the perfect vantage point for sunrise coffee, afternoon sunbathing, or evening stargazing over the Atlantic. Built on elevated piers for enhanced storm protection and peace of mind, the home combines modern coastal design with practical resilience. Outside, a generous oceanfront yard leads to private stairs descending directly to the beach. An outdoor shower makes rinsing off after a day on the sand effortless, while ample off-street parking accommodates family and guests with ease. Offering an unparalleled combination of space, comfort, and direct beachfront access, this remarkable Drake's Island property is a rare opportunity to own a true Maine coastal retreat.
  • Listed by: Heidi Maynard Corey Tracy 207.967.3883 ctracy@pmrealestate.com • Pack Maynard and Associates
Listing closed: 06/30/2026 12:00 AM • Source: Maine Listings, MLS#: 1665085
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Location

Listing Courtesy of Pack Maynard and Associates

Sold By Legacy Properties Sotheby's International Realty

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Payment Calculator

$17,650 per month

30 year fixed, 7.03% Interest

Principal and Interest

$16,016

Property Taxes

$1,634

HOA Dues

$0

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Property Information for 506 Drakes Island Road

Property Details

  • Taxes: $19,607 / year
  • MLS Type: Residential / Single Family Residence
  • County: York County
  • Architectural Style: Contemporary
  • Has Waterfront: Yes
  • Waterfront Features: Oceanfront
  • Zoning: RD

Building Information

  • Year Built: 2013
  • Lot Size: 0.15 AC / 6,534 SF

Summary

Location and General Information
  • Water View: Yes
  • Page: 137
  • Zoning Overlay: Yes
  • Directions: GPS
  • Latitude: 43.324634
  • Longitude: -$70.55
  • Water Frontage Owned: 87.64
  • Source of Water Frontage: Public Records
  • Waterfront Amount: $87.64
  • Water Body Type: Ocean
  • Water Body Name: Atlantic ocean
Taxes and HOA
  • Association: No
  • Parcel Number: WLLS-000142-000000-000096
  • Tax Lot: 96
  • Tax Book Number: 9871
  • Tax Map Number: 142
  • Tax Year: 2025
  • Tax Annual Amount: $19,607.00
Parking
  • Parking Features: Other, 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No

Property

Lot Information
  • Lot Features: Near Public Beach, Neighborhood, Level, Open Lot
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6534.0
  • Lot Size Units: Acres
  • Roads: Paved
  • Road Surface Type: Paved
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2350.0
  • Building Area Source: Public Records
  • Building Area Total: 2350.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2013
Building Features
  • Foundation Details: Pillar/Post/Pier
  • Construction Materials: Wood Frame, Vinyl Siding
  • Other Structures: Shed(s)
Financial Information
  • List Price/SqFt: $1,400.00
Green Features
  • HERS Certified: No
Utilities
  • Electric: Circuit Breakers
  • Gas: Bottled, Underground
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas

Interior and Exterior Features

Exterior Features
  • Roof: Shingle
Interior Features
  • Amenities: 1st Floor Bedroom
  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Decimal: 4.5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Equipment: Generator
  • Other Equipment: Generator
  • # Full Baths Level 1: 1
  • # Full Baths Level 2: 2
  • # Full Baths Level 3: 1
  • # Half Baths Level 1: 1
  • Rooms Total: 9
  • Basement: Not Applicable
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Electric, Propane, Baseboard, Heat Pump
  • Has Heating: Yes
  • Flooring: Luxury Vinyl
  • Interior Features: 1st Floor Bedroom

Room Information

Primary Bedroom
  • Primary Bedroom: Primary Bedroom
  • Primary Bedroom Level: Second
  • Primary Bedroom Amenities: Suite
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: Second
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: Second
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Level: Second
Bedroom 4
  • Bedroom 4: Bedroom 4
  • Bedroom 4 Level: Third
Bedroom 5
  • Bedroom 5: Bedroom 5
  • Bedroom 5 Level: Third
Den
  • Den: Den
  • Den Level: First
  • Den Amenities: Built-Ins
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Amenities: Eat-in Kitchen
Living Room
  • Living Room: Living Room
  • Living Room Level: First

Rental

Rent Information
  • Land Lease: No

Property History for 506 Drakes Island Road

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Sold

Maine Listings #1665085

$3,000,000—
Jun 29, 2026

Sold (Public Record)

Public Record #1944540733

$3,000,000—
Jun 29, 2026

Sold (Public Record)

Public Record #129654169

$3,000,000—
DateEvent & SourcePrice
06/30/2026

Sold

Maine Listings #1665085

$3,000,000
06/29/2026

Sold (Public Record)

Public Record #1944540733

$3,000,000
06/29/2026

Sold (Public Record)

Public Record #129654169

$3,000,000

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

Public records

506 Drakes Island Road

Beds

5

Baths

3.5

Total Finished SqFt

2,350 SqFt

Above Grade Finished SqFt

2,350 SqFt

Stories

3

Lot Size

6,534 SqFt

Schools near 506 Drakes Island 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: 506 Drakes Island Road, Wells, ME 04090
$3,000,000
5
2,350
6,534
–
4
1.5
1,091
7,405
–
4
1
1,346
10,019
–
3
1.5
1,296
6,534
$576,000
3
1,840
6,969
$425,000
3
2,100
–

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 Pack Maynard and Associates

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.