$1,780,000
SOLD SEP 26, 2025

240 Island Beach Rd Wells, ME 04090

4 Beds
1.5 Baths
1,868 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$953 Per Sq Ft

1% Below List Price

Highlights

  • Beach Access
  • Public Beach
  • Wood Flooring
  • Wells Junior High School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of September 2025

This home is located at 240 Island Beach Rd, Wells, ME 04090 and is currently priced at $1,780,000, approximately $952 per square foot. This property was built in 1951. 240 Island Beach Rd is a home located in York County with nearby schools including Wells Junior High School, Wells Elementary School, and Wells High School.

Last Agent to Sell the Property

Anne Banfield

Portside Real Estate Group Listed on: 09/26/2025

Last Buyer's Agent

Katherine Kerkam

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,793

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Public Beach
  • Corner Lot

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,868 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Beach Access

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0142 / 047
  • Assessor Parcel Number WLLS-000142-000000-000047

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,793

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1868.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1951
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1868.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Family Room:Family Room: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Near Public Beach
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: WLLS-000142-000000-000047
  • Zoning: R

Tax Info

  • Tax Annual Amount: 9793.0
  • Tax Block: 047
  • Tax Lot: 0142
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2025
Closed on
Sep 26, 2025
Sold by
Hastings Bradley J and Reidman Daniel A
Bought by
Legasea Ret and Coombs
Seller's Agent
Anne Banfield
Portside Real Estate Group
Buyer's Agent
Katherine Kerkam
Portside Real Estate Group
List Price
$1,800,000
Sold Price
$1,780,000
Premium/Discount to List
-$20,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-97.52%
Original Mortgage
$1,335,000
Outstanding Balance
$1,335,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$144,655

Purchase Details

Listed on
Jan 6, 2016
Closed on
Jul 15, 2016
Sold by
Mack Mary F Est and Winger
Bought by
Hastings Bradley J and Reidman Daniel A
Seller's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Timothy Gowen
The Ramsdell Agency
List Price
$769,000
Sold Price
$709,000
Premium/Discount to List
-$60,000
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$567,200
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,780,000 --
Personal Reps Deed -- --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,335,000 New Conventional
Previous Owner $567,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Sold $1,780,000 -1.1% $953 / Sq Ft
09/26/2025 09/26/25 For Sale $1,800,000 +153.9% $964 / Sq Ft
07/28/2025 07/28/25 Pending -- -- --
11/05/2022 11/05/22 Off Market $709,000 -- --
07/15/2016 07/15/16 Sold $709,000 -7.8% $468 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $769,000 -- $507 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,990 $1,643,050 $1,331,540 $311,510
2023 $9,793 $1,643,050 $1,331,540 $311,510
2022 $7,714 $737,440 $564,400 $173,040
2021 $7,758 $737,440 $564,400 $173,040
2020 $7,728 $737,440 $564,400 $173,040
2019 $7,684 $737,440 $564,400 $173,040
2018 $7,610 $737,440 $564,400 $173,040
2017 $7,206 $709,260 $564,400 $144,860
2016 $7,135 $709,260 $564,400 $144,860
2015 $6,948 $698,340 $564,400 $133,940
2013 $6,369 $698,340 $564,400 $133,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1639023

Maine Listings

APN: WLLS-000142-000000-000047