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.
Active
Price cut: $300K (4/23)
$3,950,000
315 Island Beach Road, Wells, ME 04090
--beds
--baths
0.3Acres
Land
Built in ----
0.3 Acres Lot
$3,218,500 Zestimate®
$--/sqft
$-- HOA
What's special
Exclusive oceanfront lotDirect beach accessBreathtaking panoramic ocean viewsSpectacular viewsPrestigious beachfront lotSpacious lotUnparalleled privacy
- 73 days
- on Zillow |
- 764 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 05:47am
Listed by:
Coldwell Banker Realty 207-967-9900
Source: Maine Listings,MLS#: 1615667

Travel times
Facts & features
Interior
Video & virtual tour
Property
Parking
- Parking features: 1 - 4 Spaces, Gravel
Features
- Has view: Yes
- View description: Scenic
- Body of water: Atlantic Ocean
- Frontage length: Waterfrontage: 110,Waterfrontage Owned: 110
Lot
- Size: 0.3 Acres
- Features: Cul-De-Sac, Level, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided
Details
- Parcel number: WLLSM142L75
- Zoning: RD
Utilities & green energy
- Electric: Underground, On Site
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Drakes Island Improvement Association
Location
- Region: Wells
Financial & listing details
- Tax assessed value: $3,457,200
- Annual tax amount: $19,519
- Date on market: 3/7/2025
- Electric utility on property: Yes
- Road surface type: Paved
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