DRAKES ISLAND - Showings start Friday 6/12. Open House Sat 6/13 and Sun 6/14 10 AM to Noon. Set back from the road under a stand of mature pines that gave the cottage its name, Pine Cottage has been in the same family since the 1930's. Just moments from the sandy shores of Drakes Island Beach, this inviting home captures the essence of Maine living with a bright front porch and sunroom, welcoming outdoor spaces, and easy access to the area's natural beauty. The home includes 4 bedrooms, 2 baths, and an oversized, surveyed lot with room for lawn games and expansion. Pine Cottage lives large with an open concept first floor plan, including a dining room that has hosted four generations of the same family. Built in 1900, the cottage is believed to be one of the original homes on Drakes Island, and at one point, served as the community house for the 1920's island colony. The Drakes Island Improvement Association offers recreational facilities including clubhouse, classes, day camp and tennis. Membership is optional at 200 per year. This charming coastal retreat delivers an exceptional location near beaches, nature preserves, local restaurants, and all that Wells and the Southern Maine coast provides. Enjoy morning walks by the ocean, relaxing afternoons on the deck, and breathtaking sunsets in one of Maine's most sought-after beach communities. A rare opportunity to own a piece of the Maine coast in a premier Wells location.
Active
$1,799,000
481 Drakes Island Road, Wells, ME 04090
4beds
1,120sqft
Single Family Residence
Built in 1900
10,018 Square Feet Lot
$1,672,700 Zestimate®
$1,606/sqft
$-- HOA
What's special
- 3 days |
- 500 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Yorke Realty
Source: Maine Listings,MLS#: 1666252
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Closet, Vaulted Ceiling(s)
- Level: Second
Bedroom 2
- Features: Closet
- Level: Second
Bedroom 3
- Features: Closet
- Level: Second
Bedroom 4
- Features: Closet
- Level: Second
Dining room
- Features: Built-in Features, Dining Area
- Level: First
Kitchen
- Level: First
Living room
- Features: Gas Fireplace
- Level: First
Sunroom
- Features: Four-Season, Heated
- Level: First
Heating
- Direct Vent Heater
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- Flooring: Wood
- Basement: Interior Entry,Dirt Floor,Crawl Space
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
- Finished area above ground: 1,120
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Features
- Patio & porch: Deck, Glassed-in Porch
- Has view: Yes
- View description: Scenic
Lot
- Size: 10,018 Square Feet
- Features: City Lot, Near Public Beach, Near Turnpike/Interstate, Level, Landscaped
Details
- Additional structures: Outbuilding
- Parcel number: WLLSM142L4
- Zoning: RD
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cape Cod,Cottage
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding
- Foundation: Block
- Roof: Composition,Pitched,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Wells
Financial & listing details
- Price per square foot: $1,606/sqft
- Tax assessed value: $1,636,860
- Annual tax amount: $10,574
- Date on market: 6/12/2026
- Road surface type: Paved
Estimated market value
$1,672,700
$1.59M - $1.76M
$3,133/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $1,799,000$1,606/sqft |
Source:  Maine Listings #1666252 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,952 +2% | $1,636,860 |
| 2023 | $9,756 +30.7% | $1,636,860 +129.3% |
| 2022 | $7,466 -0.3% | $713,780 +0.3% |
| 2021 | $7,489 +0.4% | $711,900 |
| 2020 | $7,461 +0.6% | $711,900 +0% |
| 2019 | $7,415 +1% | $711,660 |
| 2018 | $7,344 +1.6% | $711,660 |
| 2017 | $7,230 +1% | $711,660 |
| 2016 | $7,159 +1.1% | $711,660 |
| 2015 | $7,081 +9.1% | $711,660 |
| 2013 | $6,490 +10.7% | $711,660 +4.8% |
| 2012 | $5,862 +0.1% | $679,300 +0.1% |
| 2011 | $5,856 +3.6% | $678,550 |
| 2009 | $5,652 +1.3% | $678,550 |
| 2008 | $5,578 +89% | $678,550 +81.3% |
| 2005 | $2,952 | $374,180 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 8/10Wells Junior High SchoolGrades: 5-8Distance: 1.6 mi
- 8/10Wells High SchoolGrades: 9-12Distance: 1.8 mi
- 9/10Wells Elementary SchoolGrades: K-4Distance: 2.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- York County
- Wells
- 04090
- 481 Drakes Island Road
Nearby cities
Nearby zip codes
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