Estimated payment $22,590/month
Highlights
- 110 Feet of Waterfront
- Public Beach
- Island Location
- Wells Junior High School Rated A-
- Country Club
- No HOA
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $19,519
Lot Details
- 0.3 Acre Lot
- 110 Feet of Waterfront
- Ocean Front
- Public Beach
- Cul-De-Sac
- Level Lot
- Open Lot
- Property is zoned RD
Property Views
- Water
- Scenic Vista
Parking
- Gravel Driveway
- On-Site Parking
Location
- Property is near a golf course
- Island Location
Utilities
- Underground Utilities
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 75
- Assessor Parcel Number WLLS-000142-000000-000075
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $20,605 | $3,457,200 | $3,210,370 | $246,830 |
| 2022 | $15,309 | $1,463,620 | $1,321,980 | $141,640 |
| 2021 | $15,292 | $1,453,610 | $1,321,980 | $131,630 |
| 2020 | $15,234 | $1,453,610 | $1,321,980 | $131,630 |
| 2019 | $15,095 | $1,448,650 | $1,321,980 | $126,670 |
| 2018 | $14,682 | $1,448,650 | $1,321,980 | $126,670 |
| 2017 | $14,718 | $1,448,650 | $1,321,980 | $126,670 |
| 2016 | $14,573 | $1,448,650 | $1,321,980 | $126,670 |
| 2015 | $14,414 | $1,448,650 | $1,321,980 | $126,670 |
| 2013 | $13,212 | $1,448,650 | $1,321,980 | $126,670 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | For Sale | $3,950,000 | +31.7% | -- |
| 10/20/2023 10/20/23 | Sold | $3,000,000 | +0.2% | $1,965 / Sq Ft |
| 08/26/2023 08/26/23 | Pending | -- | -- | -- |
| 08/24/2023 08/24/23 | For Sale | $2,995,000 | -- | $1,961 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,000,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $577,500 | Unknown | |
| Previous Owner | $630,000 | Unknown | |
| Previous Owner | $625,000 | Adjustable Rate Mortgage/ARM |
Source: Maine Listings
MLS Number: 1628948
APN: WLLS-000142-000000-000075
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
- 22 Saints Place
- 163 Island Beach Rd
- 475 Drakes Island Rd
- 238 Laudholm Farm Rd
- 500 Atlantic Ave Unit 2
- 446 Atlantic Ave
- 2073 Post Rd Unit 5
- 2090 Post Rd Unit 4B
- 232 Riverbend Rd
- 9 Robert Ln
- 54 Blacksmith Rd Unit 11D
- 1830 Post Rd
- 1801 Post Rd Unit 143
- 1801 Post Rd Unit 110
- 89 Nicholas Dr
- 43 Sylvan Way Unit 10
- 78 Bypass Rd
- 54 Bypass Rd Unit 54
- 117 Sylvan Way Unit 117
- 1762 Post Rd Unit 115
- 4 Topsail Way
- 47 Rest View Ln
- 85 Mile Rd Unit 4
- 257 Webhannet Dr
- 5 Oceanview Rd
- 733 Post Rd
- 16 Dragonfly Ln Unit A
- 56 Captain Thomas Rd
- 6 Jason Ln
- 15 Back Harbor Rd
- 1376 Us Route 1
- 303 Day Rd
- 11 Folsom Dr Unit Bedroom Application
- 8 Eddy Ave
- 28 Dupont Ave Unit 1
- 7 Stoneridge Ln Unit 5
- 20 Porter St Unit A
- 20 Porter St Unit A
- 64 Mason St Unit 1
- 9 Mount Vernon St Unit 201