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  • Price cut: $101K (6/10)
    $1,299,000

    416 Drakes Island Road, Wells, ME 04090

    3beds
    2,267sqft
    : 
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    Single Family Residence
    Built in 1995
    0.32 Acres Lot
    $1,241,200 Zestimate®
    $573/sqft
    $17/mo HOA

    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.
    51 days
    |
    1,258
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Pack Maynard and Associates

    Source: Maine Listings,MLS#: 1660475MLS Logo

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      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: $573/sqft
      • Tax assessed value: $1,309,480
      • Annual tax amount: $8,459
      • Date on market: 5/4/2026
      • Ownership: Foreclosure

        Estimated market value

        $1,241,200

        $1.18M - $1.30M

        $3,415/mo

        Price history

        DateEventPrice
        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

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 04090

          Getting around

          7 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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