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Pending
  • $775,000

    2 Gibb Lane, Islip, NY 11751

    3beds
    2,127sqft
    Loading
    Single Family Residence, Residential
    Built in 1960
    0.61 Acres Lot
    $-- Zestimate®
    $364/sqft
    $-- HOA

    What's special

    Waterfront settingWaterfront retreatExisting bulkheadSet along the waterWater access ramp
    A rare opportunity to create a custom waterfront retreat at 2 Gibb Lane. Set along the water with an existing bulkhead and water access ramp, this exceptional property is being offered primarily for its land value and presents an exciting opportunity to renovate, rebuild, or create something entirely new. The existing residence has sustained significant fire damage and is not currently habitable. Ideal for an end user, builder, or investor looking to capitalize on the property’s waterfront setting and future potential. Set in a waterfront area of Islip, the property offers convenient access to boating and water recreation, local marinas and beaches, as well as Islip’s Main Street dining and shopping, LIRR transportation, and access to Fire Island. A unique opportunity to create a waterfront home and enjoy all that Long Island’s South Shore has to offer. Property is being sold strictly as-is. Cash or qualified renovation/rehab financing only. Buyers are responsible for conducting their own due diligence regarding renovation, rebuilding, permits, bulkhead condition, and future use. DO NOT ENTER, WALK, OR ACCESS THE PROPERTY WITHOUT PRIOR PERMISSION
    31 days
    3,509
    164

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Elliman Real Estate 516-307-9406,

    Erin E. Fleischmann SRES 516-864-1977,

    Maria M. Corigliano 516-238-0986,

    Douglas Elliman Real Estate

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1048979MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Oil, Other
      Cooling
      • None
      Appliances
      • Included: None
      Features
      • Other
      • Basement: See Remarks
      • Attic: Partial
      Interior area
      • Total structure area: 2,760
      • Total interior livable area: 2,127 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • On waterfront: Yes
      • Waterfront features: Bulkhead, Canal Access, Water Access, Waterfront
      Lot
      • Size: 0.61 Acres
      • Features: Cul-De-Sac
      Details
      • Parcel number: 0500422000100008000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Aluminum Siding, Brick
      Condition
      • Year built: 1960

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Water Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Islip

      Financial & listing details

      • Price per square foot: $364/sqft
      • Tax assessed value: $64,300
      • Annual tax amount: $22,447
      • Date on market: 9/10/2026
      • Cumulative days on market: 31 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/5/2026Pending sale$775,000$364/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1048979 Report a problem
        9/10/2026Listed for sale$775,000$364/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1048979 Report a problem
        7/1/2014Listing removed$3,500$2/sqft
        Source: iHOUSEWeb Solutions, Inc Report a problem
        5/11/2014Listed for rent$3,500$2/sqft
        Source: iHOUSEWeb Solutions, Inc Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $64,300
        2024-- $64,300
        2023-- $64,300
        2022-- $64,300
        2021-- $64,300
        2020-- $64,300
        2019-- $64,300
        2018-- $64,300
        2017$18,491 $64,300
        2016-- $64,300
        2015-- $64,300
        2014-- $64,300
        2013-- $64,300
        2012-- $64,300
        2011-- $64,300
        2007$14,217 +17.2%$64,300
        2005$12,131 +6.7%$64,300
        2004$11,372 +7.7%$64,300
        2003$10,562 +7.9%$64,300
        2002$9,792 $64,300
        2001-- $64,300
        2000$8,583 $64,300
        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: 11751

        Getting around

        29 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wing Elementary School
        • Middle: Islip Middle School
        • High: Islip High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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