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  • $1,895,000

    478 Drakes Island Road, Wells, ME 04090

    4beds
    2,221sqft
    : 
    Single Family Residence
    Built in 1906
    6,969.6 Square Feet Lot
    $1,865,500 Zestimate®
    $853/sqft
    $17/mo HOA

    What's special

    Oversized islandQuartz countertopsOversized shedThird-floor loftWelcoming front porchAll new cabinetryHidden office area
    Located just steps away from one of Southern Maine's most beautiful beaches, Drakes Island offers the warmth of a small beach community with the peacefulness of coastal living. ''Saccarappa,'' an original Drakes Island cottage built in1906 meaning ''the falling toward the rising sun'', has been thoughtfully renovated and is now on the market, ready for new owners to make their mark. This unique coastal find offers 2,221 square feet of living space with 4 bedrooms, 3 full bathrooms, separate living and family rooms with 2 fireplaces, an inviting dining area, and a third-floor loft. The brand-new kitchen boasts quartz countertops, all new cabinetry, an oversized island, hidden office area, and modern appliances including a beverage refrigerator. It's an ideal home for gatherings, simple relaxation, or quiet retreats. The house blends modern updates including six mini-split units for heating and cooling with classic character-rich wood floors, a welcoming front porch, a spacious back patio, and an oversized shed surrounded by mature gardens and landscaping. ''Saccarappa'' is move-in ready with most furnishings included. Take a bike ride up to the Community House for a summertime packed with activities: tennis, basketball, pickleball, a 5K road race, Fourth of July parade, children's day camps and craft nights. Become part of this charming community!
    10 days
    |
    1,651
    |
    71
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Pack Maynard and Associates

    Source: Maine Listings,MLS#: 1658445MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: First
      Den
      • Level: First
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Heat Pump, Hot Water
      Cooling
      • Heat Pump
      Features
      • Flooring: Tile, Wood
      • Windows: Double Pane Windows
      • Basement: Exterior Entry
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 2,221
      • Total interior livable area: 2,221 sqft
      • Finished area above ground: 2,221
      • Finished area below ground: 0

      Property

      Features
      • Levels: Multi/Split
      • Patio & porch: Patio, Porch
      • Has view: Yes
      • View description: Scenic
      Lot
      • Size: 6,969.6 Square Feet
      Details
      • Additional structures: Shed(s)
      • Parcel number: WLLSM142L30
      • Zoning: RD

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,Shingle
      • Property subtype: Single Family Residence
      Materials
      • Roof: Composition
      Condition
      • Year built: 1906

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Drakes Island Improvement Association
      HOA
      • Has HOA: Yes
      • HOA fee: $200 annually
      Location
      • Region: Wells

      Financial & listing details

      • Price per square foot: $853/sqft
      • Tax assessed value: $1,643,110
      • Annual tax amount: $10,623
      • Date on market: 4/20/2026

        Estimated market value

        $1,865,500

        $1.77M - $1.96M

        $3,403/mo

        Price history

        DateEventPrice
        4/20/2026Listed for sale$1,895,000+691.2%$853/sqft
        Source: Maine Listings #1658445 Report a problem
        9/29/1999Sold$239,500$108/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,990 +3.6%$1,643,110 +1.5%
        2023$9,646 +30.8%$1,618,470 +129.6%
        2022$7,373 -0.6%$704,880
        2021$7,415 +0.4%$704,880
        2020$7,387 +0.6%$704,880
        2019$7,345 +1%$704,880
        2018$7,274 +1.6%$704,880
        2017$7,162 +5.9%$704,880 +4.8%
        2016$6,764 +1.1%$672,390
        2015$6,690 +9.1%$672,390
        2013$6,132 +10.5%$672,390 +4.5%
        2012$5,551 $643,220
        2011$5,551 +3.6%$643,220
        2009$5,358 +1.2%$643,220 -0.1%
        2008$5,292 +79.6%$643,820 +72.4%
        2005$2,947 $373,510

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $11,163/mo
        Principal & interest
        $9772
        Property taxes
        $1374
        HOA Fees
        $17
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          Climate risks

          Neighborhood: 04090

          Getting around

          7 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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