481 Drakes Island RoadWells, ME 04090Price: $1,799,000

  • Price: $1,799,000
  • Est. Mortgage of $/month
  • 2 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,799,000List Price
  • 4Bedrooms
  • 2Bathrooms
  • 1,120Square Feet
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.
Listed by Margaret Mitchell of Coldwell Banker Yorke Realty

Open Houses

June 14th
Starts: 10:00am
Ends: 12:00pm
Comments: Public Open House

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More Info

Tax Information

  • Parcel Number WLLS-000142-000000-000004
  • Taxes$10,574

Location

  • Address481 Drakes Island Road
  • Building Number481
  • CountyYork
  • StateME
  • StreetDrakes Island Road
  • TownWells
  • Zip04090

Interior

  • Furnished Furnished

Exterior

  • RoofComposition, Pitched, Shingle

Utilities

  • Cooling Wall Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemPropane, Direct Vent Heater
  • Heating YN Yes
  • Waste Water DisposalPublic Sewer

Other

  • Date Listed06/12/2026
  • Other Equipment Cable, Internet Access Available

School Information

  • High School DistrictWells-Ogunquit CSD

Basic Information

  • List Price$1,799,000
  • MLS Number1666252
  • Property SubTypeSingle Family Residence
  • Property TypeResidential
  • StatusACT

Building

  • BasementInterior Entry, Dirt Floor, Crawl Space
  • FireplaceYes
  • Fireplaces Total 1
  • Flooring Wood
  • Patio And Porch Features Deck, Glassed-in Porch
  • Property StyleBungalow, Cape Cod, Cottage
  • Rooms8
  • Year Built1900

Amenities

  • AmenitiesLaundry - 1st Floor
  • Appliances IncludedDishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Living Room Amenities Gas Fireplace
  • Other AmenitiesBasement, Fireplace, Tennis
  • Primary Bedroom Amenities Closet, Vaulted Ceiling
  • Sunroom Amenities Four-Season, Heated

Parking

  • Parking Features Gravel,1 - 4 Spaces

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2
  • Laundry Features Main Level
  • Room Features Built-Ins, Closet, Dining Area, Four-Season, Gas Fireplace, Heated, Vaulted Ceiling(s)

Property

  • Other Structures Outbuilding
  • Road Surface Type Paved
  • Sign On Property YN Yes

Property Information

  • Acreage0.23
  • Lot Features Intown, Near Public Beach, Near Turnpike/Interstate, Level, Landscaped
  • Square Feet1,120

Water Body

  • Water AccessPublic

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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