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  • $1,250,000

    12 Foster Lane, Wells, ME 04090

    4beds
    1,651sqft
    Single Family Residence
    Built in 1977
    0.47 Acres Lot
    $1,238,700 Zestimate®
    $757/sqft
    $3,162 Estimated rent

    Home value

    $1,238,700

    $1.11M - $1.37M

    $3,162/mo

    Zestimate® history
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    What's special

    Oversized wood-burning fireplaceClassic cottagePanoramic ocean viewsBreathtaking ocean viewsPristine beachesCovered breezewayExpansive deck
    Drakes Island - A Slice of Coastal Maine Paradise! Immerse yourself in the unparalleled beauty of coastal Maine with this idyllic property located in the coveted Drakes Island neighborhood of Wells. Known for its pristine beaches, tranquil atmosphere, and close-knit community, Drakes Island offers an opportunity to experience coastal living at its finest. This property offers 180-degree, unobstructed views of the Atlantic Ocean. Imagine waking up each morning to the sound of waves gently lapping against the shore and ending your day with breathtaking sunsets over the water—all from the comfort of your own home. Drakes Island is more than just a location; it's a lifestyle. The neighborhood's unique charm lies in its blend of natural beauty and peaceful seclusion, all while being conveniently close to the vibrant town of Wells. Enjoy easy access to some of Maine's most beautiful beaches, scenic hiking and biking trails, and a variety of dining and shopping options, all within a short drive. The main house is a classic cottage, featuring 4 bedrooms and 2 full bathrooms, all designed to embrace the natural beauty surrounding you. The living and dining areas are a mix of traditional cottage charm with features like wood-paneled walls, an oversized wood-burning fireplace, and elegant French-style doors that open to the expansive deck. This large deck is perfect for entertaining, relaxing, or simply soaking in the panoramic ocean views. The first-floor primary bedroom offers convenient access, while the three upstairs bedrooms showcase breathtaking ocean views.Connected by a covered breezeway, the semi-detached accessory unit offers additional privacy for guests, with 1 bedroom, 1 bathroom, and a small kitchen—ideal for extended family stays. This property sits on a dune of sea grass with a direct path leading to the sandy shores. Whether you're looking to enjoy a Maine vacation home or build your dream home, this property offers a wonderful coastal opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Legacy Properties Sotheby's International Realty

    Bought with:

    Legacy Properties Sotheby's International Realty

    Source: Maine Listings,MLS#: 1617761MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Closet
    • Level: First
    Bedroom 2
    • Features: Closet, Skylight
    • Level: Second
    Bedroom 3
    • Features: Closet
    • Level: Second
    Bedroom 4
    • Features: Closet
    • Level: Second
    Bedroom 5
    • Level: First
    Dining room
    • Features: Informal
    • Level: First
    Kitchen
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Features: Wood Burning Fireplace
    • Level: First
    Heating
    • Baseboard
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dryer, Electric Range, Refrigerator, Washer, Other
    Features
    • 1st Floor Bedroom, Shower
    • Flooring: Carpet, Laminate
    • Basement: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,651
    • Total interior livable area: 1,651 sqft
    • Finished area above ground: 1,651
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces
    Features
    • Patio & porch: Deck, Patio, Porch
    • Has view: Yes
    • View description: Scenic
    • Body of water: Atlantic Ocean
    Lot
    • Size: 0.47 Acres
    • Features: Near Public Beach, Level, Open Lot
    Details
    • Parcel number: WLLSM137L73A
    • Zoning: RD

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Roof: Shingle
    Condition
    • Year built: 1977

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Ceiling Fans

    Community & neighborhood

    Location
    • Region: Wells

    Other

    Other facts
    • Road surface type: Gravel, Dirt

    Price history

    DateEventPrice
    7/9/2025Sold$1,250,000-37.3%$757/sqft
    Source: Maine Listings #1617761 Report a problem
    6/11/2025Pending sale$1,995,000$1,208/sqft
    Source: Maine Listings #1617761 Report a problem
    5/12/2025Listed for sale$1,995,000$1,208/sqft
    Source: Maine Listings #1617761 Report a problem
    5/6/2025Pending sale$1,995,000$1,208/sqft
    Source: Maine Listings #1617761 Report a problem
    4/2/2025Listed for sale$1,995,000-20%$1,208/sqft
    Source: Maine Listings #1617761 Report a problem
    11/4/2024Listing removed$2,495,000$1,511/sqft
    Source: Maine Listings #1601760 Report a problem
    8/27/2024Listed for sale$2,495,000$1,511/sqft
    Source: Maine Listings #1601760 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$21,438 +2%$3,525,960
    2023$21,015 +49.4%$3,525,960 +162.2%
    2022$14,068 -0.5%$1,344,920 +0.1%
    2021$14,135 +0.4%$1,343,610
    2020$14,081 +0.9%$1,343,610 +0.3%
    2019$13,962 +1%$1,339,930
    2018$13,828 +1.6%$1,339,930
    2017$13,614 +1%$1,339,930
    2016$13,480 +1.1%$1,339,930
    2015$13,332 +9.1%$1,339,930
    2013$12,220 +5%$1,339,930 -0.7%
    2012$11,643 $1,349,120
    2011$11,643 +28.7%$1,349,120 +17.6%
    2005$9,050 $1,147,040

    Find assessor info on the county website

    Neighborhood: 04090

    Nearby schools

    GreatSchools rating
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    $1,238,700
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    With Zillow Showcase(estimated)
    $1,263,474