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  • $3,500,000

    163 Island Beach Road, Wells, ME 04090

    5beds
    2,611sqft
    Single Family Residence
    Built in 2000
    5,227 Square Feet Lot
    $3,543,600 Zestimate®
    $1,340/sqft
    $4,034 Estimated rent

    Home value

    $3,543,600

    $3.37M - $3.72M

    $4,034/mo

    Zestimate® history
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    What's special

    A rare coastal gem on one of Maine's most iconic stretches of sand. This fully remodeled beachfront home rests along 45 feet of pristine shoreline on beloved Drakes Island -- where ocean breezes, soft light, and effortless luxury define every day. Meticulously maintained and thoughtfully upgraded, the home reflects a deep commitment to structural integrity, energy efficiency, and storm readiness. Every improvement has been made with long-term durability and peace of mind in mind, creating a retreat that feels both refined and resilient. Inside, the home offers remarkable space for gathering. With 5 bedrooms plus a loft, it comfortably sleeps 14, making it ideal for hosting family, friends, and unforgettable seaside escapes. The layout is designed for comfort and privacy: - A first-floor en suite bedroom provides easy accessibility and a private haven for guests. - Upstairs, the primary en suite offers elevated ocean views and a serene, spa-like retreat. With 5 full bathrooms, everyone has room to unwind without ever feeling crowded. Nearly every room captures sweeping ocean views, giving the home that relaxed, always-on-vacation feel. A large deck with privacy fencing faces the generous off-street parking area -- perfect for grilling, outdoor dining, or enjoying the afternoon sun. On the ocean side, an expansive screened-in porch invites you to settle in with the sound of the waves, complete with roll-down screens that let the sea breeze drift through. Just beyond, a brand-new patio sits steps from the sand, offering a front-row seat to sunrise, surf, and star-filled nights. This home has a proven history of weather resilience, no storm damage, and transferable flood insurance, underscoring its exceptional preparedness and care. If you've been searching for a true beachfront oasis -- where casual luxury meets the laid-back rhythm of the Maine coast -- this Drakes Island retreat is ready to welcome you home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Bought with:

    Keller Williams Coastal and Lakes & Mountains Realty

    Source: Maine Listings,MLS#: 1661670MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Bedroom 1
    • Features: Full Bath, Skylight
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Features: Double Vanity, Full Bath, Closet
    • Level: Second
    Bedroom 4
    • Level: Second
    Bedroom 5
    • Level: Second
    Kitchen
    • Features: Kitchen Island, Pantry
    • Level: First
    Laundry
    • Level: First
    Living room
    • Features: Wood Burning Fireplace
    • Level: First
    Loft
    • Features: Built-in Features
    • Level: Third
    Heating
    • Baseboard, Direct Vent Furnace, Wood Stove
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Trash Compactor, Washer, Tankless Water Heater
    Features
    • 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Pantry, Shower, Primary Bedroom w/Bath
    • Flooring: Tile, Hardwood
    • Basement: Exterior Entry,Dirt Floor,Crawl Space,Partial,Sump Pump,Unfinished
    • Number of fireplaces: 1
    • Furnished: Yes
    Interior area
    • Total structure area: 2,611
    • Total interior livable area: 2,611 sqft
    • Finished area above ground: 2,611
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel, 5 - 10 Spaces, Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck, Patio, Porch, Screened
    • Has view: Yes
    • View description: Scenic
    • Body of water: Atlantic Ocean
    • Frontage length: Waterfrontage: 45,Waterfrontage Owned: 45
    Lot
    • Size: 5,227 Square Feet
    • Features: Irrigation System, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad, Level, Right of Way, Landscaped
    Details
    • Parcel number: WLLSM142L95
    • Zoning: RD
    • Other equipment: Cable, Internet Access Available

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Shingle
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Shingle Siding, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition,Fiberglass,Shingle
    Condition
    • Year built: 2000

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Ceiling Fans

    Community & HOA

    Community
    • Subdivision: Drakes Island
    Location
    • Region: Wells

    Financial & listing details

    • Price per square foot: $1,340/sqft
    • Tax assessed value: $3,165,360
    • Annual tax amount: $18,361
    • Date on market: 5/14/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/29/2026Pending sale$3,750,000+7.1%$1,436/sqft
    Source: Maine Listings #1661670 Report a problem
    7/28/2026Sold$3,500,000-6.7%$1,340/sqft
    Source: Maine Listings #1661670 Report a problem
    6/12/2026Contingent$3,750,000$1,436/sqft
    Source: Maine Listings #1661670 Report a problem
    5/14/2026Listed for sale$3,750,000-5.2%$1,436/sqft
    Source: Maine Listings #1661670 Report a problem
    11/13/2025Listing removed$3,955,000$1,515/sqft
    Source: Maine Listings #1631402 Report a problem
    8/4/2025Listed for sale$3,955,000+164.5%$1,515/sqft
    Source: Maine Listings #1631402 Report a problem
    10/10/2013Sold$1,495,000-6.3%$573/sqft
    Source: Maine Listings #1081265 Report a problem
    6/21/2013Price change$1,595,000-5.9%$611/sqft
    Source: Anne Erwin Sotheby's International Realty #1081265 Report a problem
    2/22/2013Listed for sale$1,695,000$649/sqft
    Source: Anne Erwin Sotheby's International Realty #1081265 Report a problem
    9/1/2012Listing removed$1,695,000$649/sqft
    Source: Legacy Properties Sotheby's International Realty #1045049 Report a problem
    5/8/2012Price change$1,695,000-5.6%$649/sqft
    Source: Legacy Properties Sotheby's International Realty #1045049 Report a problem
    3/20/2012Price change$1,795,000+5.9%$687/sqft
    Source: Legacy Properties Sotheby's International Realty #1045049 Report a problem
    10/22/2011Price change$1,695,000-5.6%$649/sqft
    Source: Legacy Properties Sotheby's International Realty #1007892 Report a problem
    4/9/2011Listed for sale$1,795,000$687/sqft
    Source: Legacy Properties Sotheby's International Realty #1007892 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$19,245 +2%$3,165,360
    2023$18,866 +34.8%$3,165,360 +136.6%
    2022$13,996 +1%$1,338,030 +1.6%
    2021$13,858 +0.4%$1,317,340
    2020$13,806 +0.6%$1,317,340
    2019$13,727 +1.3%$1,317,340 +0.4%
    2018$13,545 +6.1%$1,312,510 +4.5%
    2017$12,761 -2.8%$1,256,000 -3.8%
    2016$13,130 +1.1%$1,305,170
    2015$12,986 +9.1%$1,305,170
    2013$11,903 +3.8%$1,305,170 -1.8%
    2012$11,470 $1,329,040
    2011$11,470 +3.6%$1,329,040
    2009$11,071 +1.3%$1,329,040
    2008$10,925 +24%$1,329,040 +19.1%
    2005$8,807 $1,116,190
    Find assessor info on the county website

    Neighborhood: 04090

    Nearby schools

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