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For sale
  • Price cut: $295K (6/3)
    $3,200,000

    11 Freds Ln, Shelter Island, NY 11964

    5beds
    4,254sqft
    Loading
    Single Family Residence
    Built in 2016
    0.92 Acres Lot
    $2,992,400 Zestimate®
    $752/sqft
    $-- HOA

    What's special

    Cozy officeHeated gunite poolSun-filled interiorsTwo additional bedroomsOpen floor planStainless steel appliancesPrivate waterside balcony
    Set on an inlet off West Neck Creek on the Menantic Peninsula, this 5-bedroom, 4.5-bath contemporary home captures the essence of easy Hamptons summer living, with sun-filled interiors and seamless indoor-outdoor flow. The open floor plan features vaulted ceilings and walls of glass in the dining and living areas, anchored by a striking floor-to-ceiling stone fireplace. The adjacent kitchen is designed for gathering, with stainless steel appliances and a welcoming breakfast bar. A comfortable den sits nearby, and all main living spaces are filled with natural light and water views. A first-floor bedroom and full bath offer added convenience and flexibility for guests.Upstairs, the primary suite offers a peaceful retreat with a spa-like bath and private waterside balcony—perfect for morning coffee or sunset unwinding. Two additional bedrooms, a full bath, and a cozy office provide flexible space for guests or remote work. The finished lower level includes an extra bedroom, bath, playroom, and gym.Just beyond, an expansive deck extends the living space outdoors—complete with a heated gunite pool. The pool area overlooks the water, with generous space for al fresco dining and sun-drenched lounging—an idyllic setting for long summer days and easy evenings by the water. Ideal for summer on the water, the property's waterfront is perfect for kayaking or launching small boats, all just moments from island beaches and the Island Boatyard Marina. Equipped with solar—and ready for the addition of an electric vehicle charger—the home blends laid-back luxury with modern, sustainable living.
    133 days
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    211
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    11
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    Zillow last checked:

    Listed by:

    Douglas Elliman Real Estate,

    Michael Brennan - Real Estate Sales Person 917-664-3017

    Source: Out East,MLS#: 394293

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 4,254
      • Total interior livable area: 4,254 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 2
      • Has private pool: Yes
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated
      Lot
      • Size: 0.92 Acres
      Details
      • Parcel number: 0700018000200053000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2016

      Community & HOA

      Location
      • Region: Shelter Island

      Financial & listing details

      • Price per square foot: $752/sqft
      • Tax assessed value: $2,650,000
      • Date on market: 4/1/2026
      • Lease term: Contact For Details

        Estimated market value

        $2,992,400

        $2.84M - $3.14M

        $6,661/mo

        Price history

        DateEventPrice
        6/3/2026Price change$3,200,000-8.4%$752/sqft
        Source: Out East #394293 Report a problem
        4/1/2026Listed for sale$3,495,000+121.9%$822/sqft
        Source: Douglas Elliman #422013 Report a problem
        9/20/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/28/2023Listed for rent$90,000+157.1%$21/sqft
        Source: Zillow Rentals Report a problem
        1/28/2020Listing removed$35,000$8/sqft
        Source: The Corcoran Group #79653 Report a problem
        11/18/2019Listed for rent$35,000+75%$8/sqft
        Source: Shelter Island #79653 Report a problem
        9/25/2019Listing removed$20,000$5/sqft
        Source: Shelter Island #79653 Report a problem
        7/20/2019Price change$20,000-20%$5/sqft
        Source: Shelter Island #79653 Report a problem
        4/23/2019Price change$25,000+25%$6/sqft
        Source: Shelter Island Report a problem
        1/22/2019Price change$20,000+11.1%$5/sqft
        Source: Corcoran Group Shelter Island Office #79653 Report a problem
        12/20/2018Listed for rent$18,000+176.9%$4/sqft
        Source: Corcoran Group Shelter Island Office #79653 Report a problem
        9/22/2018Listing removed$6,500$2/sqft
        Source: The Corcoran Group #79653 Report a problem
        7/22/2018Price change$6,500-74%$2/sqft
        Source: Corcoran Group Shelter Island Office #79653 Report a problem
        1/6/2018Listed for rent$25,000$6/sqft
        Source: Shelter Island Office #79653 Report a problem
        4/17/2017Listing removed$1,575,000$370/sqft
        Source: Corcoran Group #44058 Report a problem
        3/1/2017Pending sale$1,575,000$370/sqft
        Source: Corcoran Group #44058 Report a problem
        3/1/2017Listed for sale$1,575,000+196.1%$370/sqft
        Source: Corcoran Group #44058 Report a problem
        5/25/2016Sold$532,000+401.9%$125/sqft
        Source: Public Record Report a problem
        2/25/1999Sold$106,000$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $2,650,000 +50.6%
        2024-- $1,760,000
        2023-- $1,760,000
        2022-- $1,760,000
        2021-- $1,760,000 +2.3%
        2020-- $1,720,000 +0.6%
        2019-- $1,709,000 +0.5%
        2018-- $1,700,000 +2.7%
        2017$10,083 $1,655,000 +231.8%
        2016-- $498,800 +5%
        2015-- $475,000
        2014-- $475,000
        2013-- $475,000 -7.7%
        2012-- $514,600 -7.1%
        2011-- $554,200
        2010-- $554,200 -4.1%
        2009-- $578,000 -2.2%
        2008-- $591,100 +6.2%
        2007$2,842 +41.9%$556,400 +86.6%
        2005$2,002 +24.3%$298,100 +33.4%
        2004$1,611 +62.6%$223,500 +66.9%
        2003$991 +40%$133,900 +116.3%
        2002$708 $61,900
        2001-- $61,900
        2000$653 $61,900
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 11964

        Getting around

        3 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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