$3,950,000

315 Island Beach Rd Wells, ME 04090

0.3 acres
Land

Property details

About 315 Island Beach Rd

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.

Highlights

Home typeOther
StatusActive
Lot size0.3 Acres
Parking1 - 4 Spaces, Gravel
MLS #1615667
ViewScenic

Virtual tour

Summary

  • Parking: 1 - 4 Spaces, Gravel
  • View: Scenic
  • List Price: $3,950,000
  • Annual Tax Amount: $20,605
  • Tax Year: 2023
  • Lot: Open Lot, Cul-De-Sac, Level, Near Golf Course, Neighborhood, Subdivision
  • Lot Size: 0.3 Acres
  • MLS Number: 1615667
  • MLS Name: Maine Listings
  • Office Name: Coldwell Banker Realty
  • Office Phone: (207) 967-9900

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,950,000

315 Island Beach Rd

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Price information

Property sales

DateEventPrice
Oct 20, 2023
Home Sold
$3,000,000

Tax history

YearAssessmentProperty Tax
2023$3,457,200$20,605
2021$1,453,610$15,292
2020$1,453,610$15,234
2019$1,448,650$15,095
2018$1,448,650$14,950

History based on county public records data.

Nearby schools

6

Wells Elementary School

Public District KG-4

2.5 mi

276 Sanford Rd

9

Sea Road School

Public District 3-5

3.4 mi

29 Sea Rd

7

Mildred L Day School

Public District KG-5

8.1 mi

600 Limerick Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,581. Residents of Wells, ME typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

35%
<35k
46%
35k-100k
18%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
5%
Single, with Kids
33%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
39%
35-64 yrs old
38%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Wal-MartWal-Mart
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • CadillacCadillac
  • RamRam
  • SubaruSubaru

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Wells, ME

Transportation in Wells is facilitated by a network of roads that connect the town to major highways, making it accessible for private vehicle travel. Public transportation options include a seasonal trolley service that serves popular destinations within the town and neighboring areas. The town also features areas that are pedestrian-friendly, particularly around the beachfront and town center, encouraging walking and biking. While ride-sharing services are available, their usage tends to increase during the tourist season.

Residents of Wells have access to a range of essential services, including public education with several schools serving different grade levels, healthcare facilities that provide a spectrum of medical services, and a public library system that supports lifelong learning. The town's retail and dining scenes offer a taste of local cuisine and culture, with an emphasis on seafood and regional specialties. Efforts to enhance services, such as expanding healthcare access and educational resources, reflect the town's commitment to meeting the evolving needs of its population.

Wells prides itself on its serene coastal atmosphere and strong sense of community. The town is celebrated for its beautiful beaches, nature preserves, and historical landmarks, offering residents and visitors alike a tranquil yet engaging environment. Annual events such as the Wells Harborfest and the Autumn Harvest Festival showcase the town's cultural vitality and community spirit.

The housing landscape in Wells is characterized by a mix of single-family homes, condominiums, and seasonal properties that reflect the town's coastal charm. Architectural styles range from classic New England cottages to contemporary beachfront estates, with a notable presence of Cape Cod and Colonial designs. The area has seen a steady growth in residential development, particularly in the form of vacation homes and rentals catering to the town's seasonal influx of tourists.

About 315 Island Beach Rd

The listing price of 315 Island Beach Rd property is $3,950,000.

The property 315 Island Beach Rd is land located in Wells, Maine, 04090.

Active Listing: 315 Island Beach Rd is Active, which means the seller is accepting offers.

The nearby schools for 315 Island Beach Rd are: Wells Elementary School (GreatSchools Rating 6/10), Sea Road School (GreatSchools Rating 9/10), Mildred L Day School (GreatSchools Rating 7/10), Wells Junior High School (GreatSchools Rating 7/10), Middle School of the Kennebunks (GreatSchools Rating 10/10), Biddeford Middle School (GreatSchools Rating 2/10), Wells High School (GreatSchools Rating 8/10), Kennebunk High School (GreatSchools Rating 7/10), Noble High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $20,605 (source: MLS/based on county public records data).

The last sale was on October 20, 2023 for $3,000,000 (source: MLS/tax record).

The property 315 Island Beach Rd is 0.3 acres.

This home is located at 315 Island Beach Rd in Wells, ME and zip code 04090. Features: 0 bathroom. It is currently priced at $3,950,000.

From Rocket Homes Real Estate and based on county public records data.

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