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$1,395,000

Listing Price

3beds

2baths

2,267sqft

13,939sqft lot

416 Drakes Island Rd, Wells, ME 04090

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

447.73

Price / sqft

1995

Year built

Home Details

Don't miss out on this rare opportunity to own a charming shingle-style year-round beach house on sought-after Drakes Island. Enjoy the quintessential seaside community lifestyle with access to a private association clubhouse, children's summer programs, playground, and tennis club. This delightful beach house is perfect for entertaining with its well-appointed kitchen, spacious living areas, and ample room for guests. The property features a private backyard deck, a screened porch for summer nights, and beautifully landscaped grounds, making it an ideal place to host BBQs and lobster bakes or relax around the fire pit after a long day at the beach. The property also includes a full basement, outside shower, and a storage shed. With its great rental potential and suitability as a summer or year-round residence, this beach house offers a wonderful opportunity to be part of this thriving seaside community.

Interior Details

Square Feet
  • 2267

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 13939

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Contemporary

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$6,582

$396,140

$235,520

--%

$631,660

2018

$6,519

$396,140

$235,520

--%

$631,660

2017

$6,418

$396,140

$235,520

--%

$631,660

2016

$6,354

$396,140

$235,520

--%

$631,660

percent-home-icon

Average Home Price in 04090

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,395,000

3 Beds

2 Baths

2,267 Sqft

13,939 Lot (sqft)

Sold 10/05/2026

$3,034,948

5 Beds

3.5 Baths

2,350 Sqft

6,534 Lot (sqft)

Sold 10/06/2026

$1,795,677

4 Beds

3 Baths

2,221 Sqft

6,970 Lot (sqft)

Sold 10/05/2026

$1,999,999

4 Beds

4 Baths

2,112 Sqft

7,405 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,395,000
$
Down payment
279,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
8,370
$
HOA (Monthly)
0
$
PMI
0
$
$9,030
Your Payment
Total Monthly Payment:$9,030
Percent of Income:155%
Affordable:No

Details for 416 DRAKES ISLAND RD

Property Debt

Foreclosure Contact Details