Set along the tranquil shores of Menantic Creek, this extraordinary 2.9-acre waterfront offering presents a truly rare opportunity to own a multi-generational compound comprised of two separate parcels, thoughtfully assembled into one remarkable estate. Surrounded by natural beauty and commanding picturesque creek views, the property offers unmatched waterfront living, with over 100ft of water frontage collectively, in one of Shelter Island's most coveted locations. For boating enthusiasts, Menantic Creek provides convenient access to both the North and South Forks, with Montauk just a short cruise away. The estate is exceptionally equipped for life on the water, featuring a 100-foot stationary dock, floating dock, anchor pilings, and the opportunity for two moorings, creating a seamless connection to the surrounding waterways. 15A Menantic Road showcases 3,944 square feet of renovated living space spanning across two floors. Designed to embrace its waterfront setting, the residence offers five bedrooms, multiple living and entertaining areas, a garage, and stunning views from many of its principal rooms. Adjacent to the main residence, #15 Menantic Road is a pristine 1.3-acre vacant waterfront parcel that presents endless possibilities for future expansion, further enhancing the estate's compound potential. Mature specimen trees and beautifully established grounds create a park-like setting throughout the property, offering a sense of serenity and seclusion rarely found along the waterfront. Combining significant acreage, boating infrastructure, and future potential, this is a once-in-a-lifetime opportunity to establish a legacy compound on Shelter Island.
For sale
$4,800,000
15 Menantic Rd, Shelter Island, NY 11964
5beds
--sqft
Single Family Residence
Built in 1983
2.9 Acres Lot
$4,507,500 Zestimate®
$--/sqft
$-- HOA
What's special
Floating dockBeautifully established groundsPark-like settingAnchor pilingsPicturesque creek viewsMature specimen treesSignificant acreage
- 31 days |
- 346 |
- 10 |
Zillow last checked:
Listed by:
Douglas Elliman Real Estate,
Michael Brennan - Real Estate Sales Person 917-664-3017
Source: Out East,MLS#: 396041
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Rooms
- Room types: Family Room, Laundry
Cooling
- Central Air
Features
- Basement: Yes
- Has fireplace: Yes
Interior area
- Total structure area: 0
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Stories: 2
- Pool features: Room for a Pool
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
- Frontage type: Waterfront
Lot
- Size: 2.9 Acres
Details
- Parcel number: 0700018000300012001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1983
Community & HOA
Community
- Features: Room for a Tennis Court
Location
- Region: Shelter Island
Financial & listing details
- Tax assessed value: $1,014,000
- Date on market: 6/2/2026
- Lease term: Contact For Details
Estimated market value
$4,507,500
$4.24M - $4.78M
$7,845/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $4,800,000-51.8% |
Source: Out East #396041 Report a problem | ||
| 4/5/2026 | Listing removed | $9,955,000 |
Source: Out East #387680 Report a problem | ||
| 5/8/2025 | Listed for sale | $9,955,000 |
Source: Out East #387680 Report a problem | ||
| 4/10/2025 | Listing removed | $9,955,000 |
Source: Out East #387680 Report a problem | ||
| 4/3/2025 | Listed for sale | $9,955,000 |
Source: Out East #387680 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,014,000 +45.2% |
| 2024 | -- | $698,300 |
| 2023 | -- | $698,300 |
| 2022 | -- | $698,300 |
| 2021 | -- | $698,300 |
| 2020 | -- | $698,300 |
| 2019 | -- | $698,300 -8.1% |
| 2018 | -- | $760,200 +7.5% |
| 2017 | $4,509 | $707,300 |
| 2016 | -- | $707,300 |
| 2015 | -- | $707,300 +3.2% |
| 2014 | -- | $685,300 |
| 2013 | -- | $685,300 |
| 2012 | -- | $685,300 |
| 2011 | -- | $685,300 |
| 2010 | -- | $685,300 -7.1% |
| 2009 | -- | $738,000 +55.6% |
| 2004 | $3,419 -2.6% | $474,400 |
| 2003 | $3,510 +24.8% | $474,400 +92.8% |
| 2002 | $2,812 | $246,000 |
| 2001 | -- | $246,000 |
| 2000 | $2,594 | $246,000 |
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 11964
Nearby schools
GreatSchools rating
- 6/10Shelter Island SchoolGrades: PK-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Suffolk County
- Shelter Island
- 11964
- 15 Menantic Rd




