# 481 Drakes Island Road, Wells, ME 04090

> **TL;DR:** 4bd/2ba single family, $1,799,000 ($1606/sqft), built 1900, 1,120 sqft.
> Fireplace, A/C. Est. $9,622/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,799,000 |
| Price/sqft | $1606 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,120 |
| Year Built | 1900 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $9,097 |
| Estimated Insurance | $525 |
| **Total** | **$9,622** |

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1900
- 0.23 acre lot
- Fireplace

## Description

### Agent Description
DRAKES ISLAND - Set back from the road under a stand of mature pines that gave the cottage its name, Pine Cottage has been in the same family since the 1930's. Just moments from the sandy shores of Drakes Island Beach, this inviting home captures the essence of Maine living with a bright front porch and sunroom, welcoming outdoor spaces, and easy access to the area's natural beauty. The home offers 4 bedrooms, 2 baths, and an oversized, surveyed lot with room for lawn games and expansion. Pine Cottage lives large with an open concept first floor plan, including a dining room that has hosted four generations of the same family. Built in 1900, the cottage is believed to be one of the original homes on Drakes Island, and at one point, served as the community house for the 1920's island colony. The Drakes Island Improvement Association offers recreational facilities including clubhouse, classes, day camp and tennis. Membership is optional at $200 per year. This charming coastal retreat delivers an exceptional location near beaches, nature preserves, local restaurants, and all that Wells and the Southern Maine coast have to offer. Enjoy morning walks by the ocean, relaxing afternoons on the deck, and breathtaking sunsets in one of Maine's most sought-after beach communities. A rare opportunity to own a piece of the Maine coast in a premier Wells location. For more information, contact listing agents Margaret Mitchell and Sharon Beaudoin of Coldwell Banker Yorke Realty.

## Location

- **Address:** 481 Drakes Island Road, Wells, ME 04090
- **County:** York
- **Coordinates:** 43.324907, -70.552375
- **Google Maps:** https://www.google.com/maps?q=43.324907,-70.552375

## Listing Agent

- **Name:** Margaret Mitchell
- **Brokerage:** Coldwell Banker Yorke Realty
- **Phone:** 2077523489

## Primary Photo

![481 Drakes Island Road - Primary Photo](http://lh.rdcpix.com/8b991f77cc9aa8897de0394c977827b4l-f4086553057r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.ai/listing/481-drakes-island-road-wells-me-04090-1666252)*

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**MLS#:** 1666252 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/481-drakes-island-road-wells-me-04090-1666252)

---

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