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For sale
  • $4,800,000

    15 Menantic Rd, Shelter Island, NY 11964

    5beds
    --sqft
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    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
    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.
    31 days
    |
    346
    |
    10
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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#: 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

        DateEventPrice
        6/2/2026Listed for sale$4,800,000-51.8%
        Source: Out East #396041 Report a problem
        4/5/2026Listing removed$9,955,000
        Source: Out East #387680 Report a problem
        5/8/2025Listed for sale$9,955,000
        Source: Out East #387680 Report a problem
        4/10/2025Listing removed$9,955,000
        Source: Out East #387680 Report a problem
        4/3/2025Listed for sale$9,955,000
        Source: Out East #387680 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Getting around

        5 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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