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Pending
  • $3,290,000

    506 Drakes Island Road, Wells, ME 04090

    5beds
    2,350sqft
    : 
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    Single Family Residence
    Built in 2013
    6,534 Square Feet Lot
    $-- Zestimate®
    $1,400/sqft
    $-- HOA

    What's special

    Direct beachfront accessGenerous oceanfront yardOceanfront contemporary homeFour-and-a-half bathsExpansive eat-in kitchenAmple off-street parkingBreathtaking water views
    Experience coastal living at its finest in this exceptional oceanfront contemporary home perched directly on the sandy shores of Drake's Island Beach. Thoughtfully designed to maximize sweeping Atlantic views and effortless beachside living, this spacious residence offers 5 or 6 bedrooms, four-and-a-half baths, and multiple gathering spaces across three levels. The heart of the home is an open-concept main living area where panoramic ocean vistas provide a stunning backdrop to everyday life. The expansive eat-in kitchen flows seamlessly into the living and sitting areas, creating an inviting space for entertaining family and friends. A convenient powder room completes the main level. A versatile first-floor den with a full ensuite bath offers flexibility as a first-floor bedroom or a great television room. Upstairs, the second level features three guest bedrooms served by a shared bath, along with a serene oceanfront primary suite complete with its own private bath and breathtaking water views. The third floor provides two additional bedrooms and a shared bath, including one bedroom with direct access to a spectacular rooftop deck--the perfect vantage point for sunrise coffee, afternoon sunbathing, or evening stargazing over the Atlantic. Built on elevated piers for enhanced storm protection and peace of mind, the home combines modern coastal design with practical resilience. Outside, a generous oceanfront yard leads to private stairs descending directly to the beach. An outdoor shower makes rinsing off after a day on the sand effortless, while ample off-street parking accommodates family and guests with ease. Offering an unparalleled combination of space, comfort, and direct beachfront access, this remarkable Drake's Island property is a rare opportunity to own a true Maine coastal retreat.
    21 days
    |
    791
    |
    36
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Pack Maynard and Associates

    Source: Maine Listings,MLS#: 1665085MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Suite
      • Level: Second
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Third
      Bedroom 5
      • Level: Third
      Den
      • Features: Built-in Features
      • Level: First
      Kitchen
      • Features: Eat-in Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Baseboard, Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
      Features
      • 1st Floor Bedroom
      • Flooring: Luxury Vinyl
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,350
      • Total interior livable area: 2,350 sqft
      • Finished area above ground: 2,350
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Other, 5 - 10 Spaces
      Features
      • Patio & porch: Deck
      • On waterfront: Yes
      • Body of water: Atlantic ocean
      • Frontage length: Waterfrontage: 87.64,Waterfrontage Owned: 87.64
      Lot
      • Size: 6,534 Square Feet
      • Features: Near Public Beach, Neighborhood, Level, Open Lot
      Details
      • Additional structures: Shed(s)
      • Parcel number: WLLSM142L96
      • Zoning: RD
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Shingle
      Condition
      • Year built: 2013

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Wells

      Financial & listing details

      • Price per square foot: $1,400/sqft
      • Tax assessed value: $3,376,030
      • Annual tax amount: $19,607
      • Date on market: 6/2/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Pending sale$3,290,000$1,400/sqft
        Source: Maine Listings #1665085 Report a problem
        6/6/2026Contingent$3,290,000$1,400/sqft
        Source: Maine Listings #1665085 Report a problem
        6/2/2026Listed for sale$3,290,000+498.2%$1,400/sqft
        Source: Maine Listings #1665085 Report a problem
        1/19/2000Sold$550,000$234/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$20,526 +2%$3,376,030
        2023$20,121 +29.7%$3,376,030 +127.7%
        2022$15,511 -0.6%$1,482,840
        2021$15,599 +0.4%$1,482,840
        2020$15,540 +0.6%$1,482,840
        2019$15,451 +1%$1,482,840
        2018$15,303 +1.6%$1,482,840
        2017$15,066 +1%$1,482,840
        2016$14,917 +1.1%$1,482,840
        2015$14,754 +15.1%$1,482,840 +5.5%
        2013$12,818 +10.8%$1,405,450 +4.9%
        2012$11,566 $1,340,160
        2011$11,566 +3.6%$1,340,160
        2009$11,164 $1,340,160

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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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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