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  • $3,400,000

    315 Island Beach Road, Wells, ME 04090

    --beds
    --baths
    0.3Acres
    Land
    Built in ----
    0.3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,869 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,869/mo

    Zestimate® history
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    What's special

    Exclusive Oceanfront Lot in prime Drake's Island location. Discover the perfect canvas for your dream coastal retreat with this prestigious beachfront lot that has stood the test of time. Weathering storms without damage, this location is located in one of Maine's most sought-after locations. Nestled along a pristine stretch of shoreline, this expansive property offers breathtaking panoramic ocean views, direct beach access, and unparalleled privacy—a rare opportunity in today's market. Property Highlights: • Prime Location: Situated in a highly desirable and exclusive coastal enclave, just minutes from charming seaside towns, fine dining, and boutique shopping. • Spectacular Views: Enjoy uninterrupted vistas of the Atlantic Ocean, where sunrises paint the sky, and waves provide a soothing soundtrack. • Direct Beach Access: Step from your backyard onto soft sandy shores, perfect for morning walks, sunbathing, or water activities. • Spacious Lot: Ample acreage to design a custom luxury home, guesthouse, or private retreat, all while preserving privacy and maximizing oceanfront exposure. • Investment Potential: A rare offering in an area known for high property values, making this an exceptional investment opportunity. The offer includes a current DEP building permit with underground utilities in place for town sewer, water, and electricity. Included are house plans from a local prominent builder for a luxurious 7-bedroom, 5.5-bathroom home with 5,373 square feet of living space. The spacious decks provide an ideal setting to entertain friends and family while unwinding after a day at the beach. Come make your memories on Drake's Island. The opportunity is available to join the Drake's Island Improvement Association; a great place for family and friends to get to know other residents.

    Zillow last checked: 8 hours ago

    Listing updated: September 05, 2025 at 10:40am

    Listed by:

    Coldwell Banker Realty 207-967-9900

    Bought with:

    Pack Maynard and Associates

    Source: Maine Listings,MLS#: 1628948MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces, On Site
    Features
    • Has view: Yes
    • View description: Scenic
    • Body of water: Atlantic Ocean
    • Frontage length: Waterfrontage: 110,Waterfrontage Owned: 110
    Lot
    • Size: 0.30 Acres
    • Features: Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Cul-De-Sac, Level, Open Lot
    Details
    • Parcel number: WLLSM142L75
    • Zoning: RD

    Utilities & green energy

    • Electric: On Site, Underground
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Wells

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/5/2025Sold$3,400,000-13.9%
    Source: Maine Listings #1628948
    8/23/2025Pending sale$3,950,000
    Source: Maine Listings #1628948
    7/2/2025Listed for sale$3,950,000
    Source: Maine Listings #1628948
    7/1/2025Listing removed$3,950,000
    Source: Maine Listings #1615667
    4/23/2025Price change$3,950,000-7.1%
    Source: Maine Listings #1615667

    Public tax history

    YearProperty taxesTax assessment
    2024$19,519 -5.3%$3,210,370 -7.1%
    2023$20,605 +34.6%$3,457,200 +136.2%
    2022$15,309 +0.1%$1,463,620 +0.7%

    Find assessor info on the county website

    Neighborhood: 04090

    Nearby schools

    GreatSchools rating