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  • $1,015,000

    416 Drakes Island Road, Wells, ME 04090

    3beds
    2,267sqft
    Single Family Residence
    Built in 1995
    0.32 Acres Lot
    $1,180,600 Zestimate®
    $448/sqft
    $3,241 Estimated rent

    Home value

    $1,180,600

    $1.12M - $1.24M

    $3,241/mo

    Zestimate® history
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    What's special

    Private yardDeck with outdoor showerThree bedroomsFull basementRoomy eat-in kitchenKnotty pine walls
    Here is a rare opportunity to own a custom-built, shingle-style, year-round home located in highly desired Drakes Island. The 2,267 square foot property features knotty pine walls and wide plank wood flooring throughout. The home has a roomy eat-in kitchen, combined living and dining area, three bedrooms, one and a half bathrooms, a large open third-floor bonus room with loads of natural light, a full basement, spacious screened in front porch, deck with outdoor shower and private yard. The property is just down the street from one of Southern Maines most beautiful beaches, easy walking access to Rachel Carson Reserve and just around the corner from the tennis courts, Community House and playgrounds. Take advantage of the summer day camp programs, tennis lessons for the kids and a calendar full of activities for all ages. Drakes Island is a place where memories are made, and friendships are formed for years to come. 416 Drakes Island Road offers flexibility to enjoy immediately, serve as a sound investment, or to be personalized over time.

    Zillow last checked:

    Listing updated:

    Listed by:

    Pack Maynard and Associates

    Bought with:

    Pack Maynard and Associates

    Source: Maine Listings,MLS#: 1660475MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 261.19 Square Feet
    • Dimensions: 14.6 x 17.89
    Bedroom 2
    • Features: Cathedral Ceiling(s)
    • Level: Second
    • Area: 129.15 Square Feet
    • Dimensions: 12.3 x 10.5
    Bedroom 3
    • Level: Second
    • Area: 147.62 Square Feet
    • Dimensions: 12.1 x 12.2
    Bonus room
    • Features: Skylight
    • Level: Second
    • Area: 621.07 Square Feet
    • Dimensions: 19.11 x 32.5
    Dining room
    • Features: Dining Area
    • Level: First
    • Area: 121.94 Square Feet
    • Dimensions: 13.4 x 9.1
    Kitchen
    • Features: Eat-in Kitchen
    • Level: First
    • Area: 160.93 Square Feet
    • Dimensions: 13.3 x 12.1
    Living room
    • Features: Wood Burning Fireplace
    • Level: First
    • Area: 335.34 Square Feet
    • Dimensions: 24.3 x 13.8
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Bathtub, Shower
    • Flooring: Tile, Wood, Hardwood
    • Basement: Interior Entry,Full,Sump Pump,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,267
    • Total interior livable area: 2,267 sqft
    • Finished area above ground: 2,267
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces, Off Street
    Features
    • Patio & porch: Deck, Screened
    • Has view: Yes
    • View description: Scenic
    Lot
    • Size: 0.32 Acres
    • Features: Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Level, Open Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: WLLSM141L781
    • Zoning: RD

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: New Englander,Shingle
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Shingle Siding, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Shingle
    Condition
    • Year built: 1995

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Drakes Island Improvement Association
    HOA
    • Has HOA: Yes
    • HOA fee: $200 annually
    Location
    • Region: Wells

    Financial & listing details

    • Price per square foot: $448/sqft
    • Tax assessed value: $1,309,480
    • Annual tax amount: $8,459
    • Date on market: 8/8/2026
    • Ownership: Foreclosure

    Price history

    DateEventPrice
    9/4/2026Sold$1,015,000-18.8%$448/sqft
    Source: Maine Listings #1660475 Report a problem
    8/24/2026Pending sale$1,250,000$551/sqft
    Source: Maine Listings #1660475 Report a problem
    8/19/2026Price change$1,250,000-3.8%$551/sqft
    Source: Maine Listings #1660475 Report a problem
    8/8/2026Listed for sale$1,299,000$573/sqft
    Source: Maine Listings #1660475 Report a problem
    7/29/2026Pending sale$1,299,000$573/sqft
    Source: Maine Listings #1660475 Report a problem
    6/10/2026Price change$1,299,000-7.2%$573/sqft
    Source: Maine Listings #1660475 Report a problem
    5/4/2026Listed for sale$1,400,000+6900%$618/sqft
    Source: Maine Listings #1660475 Report a problem
    3/31/2026Sold$20,000-98.5%$9/sqft
    Source: Public Record Report a problem
    9/30/2025Listing removed$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    9/19/2025Listed for rent$2,500+66.7%$1/sqft
    Source: Zillow Rentals Report a problem
    11/25/2024Listing removed$1,300,000$573/sqft
    Source: Maine Listings #1598068 Report a problem
    11/20/2024Price change$1,300,000-3.7%$573/sqft
    Source: Maine Listings #1598068 Report a problem
    11/1/2024Price change$1,350,000-3.2%$596/sqft
    Source: Maine Listings #1598068 Report a problem
    8/16/2024Price change$1,395,000-7%$615/sqft
    Source: Maine Listings #1598068 Report a problem
    7/26/2024Listed for sale$1,500,000$662/sqft
    Source: Maine Listings #1598068 Report a problem
    6/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/20/2023Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,962 +2%$1,309,480
    2023$7,805 +18.1%$1,309,480 +107.3%
    2022$6,607 -0.6%$631,660
    2021$6,645 +0.4%$631,660
    2020$6,620 +0.6%$631,660
    2019$6,582 +1%$631,660
    2018$6,519 +1.6%$631,660
    2017$6,418 +1%$631,660
    2016$6,354 +1.1%$631,660
    2015$6,285 +28.7%$631,660 +17.9%
    2013$4,885 -25.4%$535,680 -29.4%
    2012$6,549 $758,810
    2011$6,549 +3.6%$758,810
    2009$6,321 +1.3%$758,810
    2008$6,237 +72.8%$758,810 +65.9%
    2005$3,610 $457,490
    Find assessor info on the county website

    Neighborhood: 04090

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $1,180,600
    2% more
    +$23,612
    With Zillow Showcase(estimated)
    $1,204,212
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,180,600
    2% more
    +$23,612
    With Zillow Showcase(estimated)
    $1,204,212