$1,325,000
OPEN SUN 1PM - 3PM COMING SOON

475 Drakes Island Rd Wells, ME 04090

Estimated payment $7,854/month

Total Views 343
4 Beds
2 Baths
1,107 Sq Ft
7,405 Sq Ft Lot

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Wells Junior High School Rated A-
  • Scenic Views
  • Main Floor Bedroom

About This Home

Nestled in the heart of Drakes Island and 5 houses away from the beach, this delightful cottage blends timeless character with modern comfort. Originally built in 1900, the home has been thoughtfully and thoroughly renovated - featuring cedar shake siding, energy-efficient windows and a brand new roof. The updated kitchen shines with new appliances, countertops, fresh sink and faucet and beautifully refinished cabinets. The first floor bathroom has been tastefully remodeled with a tiled shower, new sink and toilet. A newly constructed outbuilding - connected to the main house by a roofed overhang - offers a second full bathroom and laundry area with washer and dryer, adding convenience and flexibility. Fresh paint throughout the interior, including floors, walls and ceilings, gives the home a crisp, welcoming feel. Upstairs, added insulation and shiplap walls create a cozy retreat, enhanced by ceiling fans and a Mitsubishi mini-split ductless system for efficient heating and cooling. Most furnishings will convey, making this a turnkey opportunity to enjoy right away. As a member of the Drakes Island Improvement, you'll have access to tennis, pickleball and basketball courts, two playgrounds and a beloved children's day camp offering a variety of summer activities. Drakes Island is situated between Kennebunkport and Ogunquit close to shopping, dining and local attractions.

Listing Agent

Jennifer Kerr

Pack Maynard and Associates Listed on: 08/14/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,455

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Open Lot
  • Property is zoned RD

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,107 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring
  • Scenic Vista Views

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Nearby Water Access
  • Patio
  • Outbuilding

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Community Details

  • Drakes Island Improvement Association Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number WLLS-000142-000000-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,455

Year Built

Built in 1900

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Coming Soon / No Show
  • Subdivision Name: Drakes Island Improvement Association
  • Directions: Route 1 to Drakes Island Road. 475 Drakes Island Road is 5 houses on the right from the beach.
  • Above Grade Finished Sq Ft: 1107.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1107.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level: Yes
  • Special Features: 33

Interior Features

  • Furnished: Furnished
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Other Equipment: Internet Access Available
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Window Features: Double Pane Windows
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Well Landscaped, Open, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Screened
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: WLLS-000142-000000-000005
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 7455.0
  • Tax Book Number: 18761
  • Tax Lot: 5
  • Tax Map Number: 142
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $7,455 $1,250,910 $1,009,580 $241,330
2022 $5,398 $516,050 $416,480 $99,570
2021 $5,429 $516,050 $416,480 $99,570
2020 $5,408 $516,050 $416,480 $99,570
2019 $5,377 $516,050 $416,480 $99,570
2018 $5,230 $516,050 $416,480 $99,570
2017 $5,243 $516,050 $416,480 $99,570
2016 $5,191 $516,050 $416,480 $99,570
2015 $5,135 $516,050 $416,480 $99,570
2013 $4,706 $516,050 $416,480 $99,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $810,000 +15.9% $732 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $698,888 -- $631 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Unknown
Open $200,000 Purchase Money Mortgage
Source: Public Records

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Source: Maine Listings

MLS Number: 1634324

Maine Listings

APN: WLLS-000142-000000-000005