This home's estimate is 51% higher than the average sale price ($1.05M) of 6 comparable homes.
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481 Drakes Island Rd, Wells, ME 04090
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About this home
DRAKES ISLAND - 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.
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Market trends in 04090, ME
Last updated August 2026
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Est. $2,459 per month, based on comparable rentals
Sale and tax history for 481 Drakes Island Rd
- Sale History
- Tax History
$1,326/sq ft
$1,428/sq ft
$1,606/sq ft
Public record
Property details
Parking
- Parking Information
- Parking Features: Gravel, 1 - 4 Spaces
Interior
- Bathroom Information
- # of Baths (Full): 2
- Room 1 Information
- Type: Bedroom 2
- Level: Second
- Features: Closet
- Room 2 Information
- Type: Dining Room
- Level: First
- Features: Built-Ins, Dining Area
- Room 3 Information
- Type: Bedroom 3
- Level: Second
- Features: Closet
- Room 4 Information
- Type: Sunroom
- Level: First
- Features: Four-Season, Heated
- Room 5 Information
- Type: Bedroom 4
- Level: Second
- Features: Closet
- Room 6 Information
- Type: Living Room
- Level: First
- Features: Gas Fireplace
- Room 7 Information
- Type: Kitchen
- Level: First
- Room 8 Information
- Type: Primary Bedroom
- Level: Second
- Features: Closet, Vaulted Ceiling(s)
- Basement Information
- Basement Entry: Interior Entry, Dirt Floor, Crawl Space
- Interior Features
- # of Rooms: 8
- Furnished: Furnished
- Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Wood
- Other Equipment: Cable, Internet Access Available
- Laundry Information
- Laundry Features: Main Level
- Fireplace Information
- # of Fireplaces: 1
- Has Fireplace
Exterior
- Building Information
- Construction Materials: Wood Frame, Shingle Siding
- Foundation Details: Block
- Roof: Composition, Pitched, Shingle
- Total Building Area (Sq. Ft.): 1,120
- Building Area Source: Public Records
- Exterior Features
- Patio & Porch Features: Deck, Glassed-In Porch
- Other Structures: Outbuilding
- Property Information
- Property Sub Type: Single Family Residence
- Year Built: 1900
- Above-Grade Finished Area (Sq. Ft.): 1,120
- Lot Information
- Lot Size (Sq. Ft.): $10,018.80
- Lot Size (Acres): 0.23
- Lot Size Source: Public Records
- Lot Features: Intown, Near Public Beach, Near Turnpike/Interstate, Level
- Road Surface Type: Paved
- Zoning: RD
Financial
- Tax Information
- Annual Tax Amount: $10,574
- Tax Year: 2025
Utilities
- Utility Information
- Has Heating
- Heating: Direct Vent Heater
- Has Cooling
- Cooling: Wall Unit(s)
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Water Heater: Electric
Location
- School Information
- High School District: Wells-Ogunquit CSD
- Location Information
- Unparsed Address: 481 Drakes Island Road, Wells, ME 04090
- Directions: From Rt. 1 in Wells, take Drakes Island Road. Go 1.1 miles. House on the right just before the beach entrance. Look for sign.
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,120
- Stories: 1.0
- Lot Size: 10,019 square feet
- Style: Single Family Residential
- Year Built: 1900
- Year Renovated: 1993
- County: York County
- APN: 14599
Around this home
Schools
Public 5-8 • Assigned • 1.6mi
Public 9-12 • Assigned • 1.8mi
Climate risks
Estimated 80%+ chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 18 days in 30 years
77% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Very good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 04090
Home values near 481 Drakes Island Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1840 Sq. Ft. | $1,299,930 |
7 Beds | 5.5 Baths | 3903 Sq. Ft. | $1,677,789 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1346 Sq. Ft. | $929,374 |
3 Beds | 1.5 Baths | 1296 Sq. Ft. | $1,148,653 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1.5 Baths | 1091 Sq. Ft. | $1,126,280 |
4 Beds | 2 Baths | 1902 Sq. Ft. | $1,737,161 |
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