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Off market
  • $2,433,900

    2 S Lake Dr, Montauk, NY 11954

    3beds
    2,250sqft
    MultiFamily
    Built in 1935
    -- sqft lot
    $2,433,900 Zestimate®
    $1,082/sqft
    $6,110 Estimated rent

    Home value

    $2,433,900

    $1.97M - $3.02M

    $6,110/mo

    Zestimate® history
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    $6,110/mo

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    $16,911/mo

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    $16,911/mo

    Est. payment

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    What's special

    Spend life at South Lake. The peaceful lakeside location is the backdrop for this classic cape cod with a legal cottage and separate garage. Giant private backyard with mature trees, rose garden & vegetable garden. Idyllic 1 bedroom cottage with it's own yard & outside shower boasts excellent rental history. Full sized 2 car detached garage with attic storage, and multiple sheds complete the property. Leave the property as is, customize the main house, or build your family compound. The main house is approximately 1800 sq feet, with lake views from the open living dining room, a wood burning stove, outside shower, mud room, kitchen overlooking the expansive backyard & main floor master and bathroom. Upstairs, find a den & second bedroom, both with skylights that look out over the lake. Full basement with laundry. It's a blank slate for your vision. The legal one bedroom, one bath cottage has an incredible rental history. It's location cannot be beat. The coveted cottage has it's own yard with pergola, driveway & outside shower and is the perfect solution for a mother in law suite, a guest house, a separated office space, or it can be kept as a rental, making this an income producing property. Inside, the decor is simple & classic. Wide plank hardwood floors throughout, with white wainscoting & a tranquil grey in the living room. The kitchen has stainless appliances & you will find a washer and dryer hidden away in the living room closet. The bedroom has a queen bed & closet, with a dresser and reading nook. The couch in the living room pulls out to become a bed, so the cottage can sleep four guests. This is the perfect rental, getaway for a couple, small family, or a group of friends to enjoy Montauk. There's also plenty of storage, so if you're wanting to personalize the main house, the cottage is the perfect place to stay! South Lake beach is right out your door. A popular place for Stand Up Paddle boarding, incredible sunsets over the lake & a great beach for small children, you won't find yourself fighting over a parking spot because you are just steps away. Walk over to the Crow's Nest for drinks or dinner. Ride your bike or drive to Ditch Plains. It's only a three minute bike ride.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/4 bathrooms: 2
    Heating
    • Radiant, Oil, Wood / Pellet
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,250 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Shingle
    • Has view: Yes
    • View description: Park, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 0300020000200010000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1935

    Community & HOA

    Location
    • Region: Montauk

    Financial & listing details

    • Price per square foot: $1,082/sqft
    • Tax assessed value: $6,050

    Price history

    DateEventPrice
    2/25/2021Listing removed--
    Source: Owner Report a problem
    9/18/2020Listing removed$3,999,999$1,778/sqft
    Source: Owner Report a problem
    8/13/2020Listed for sale$3,999,999$1,778/sqft
    Source: Owner Report a problem
    4/9/2018Listing removed$12,000$5/sqft
    Source: Owner Report a problem
    12/16/2017Listed for rent$12,000$5/sqft
    Source: Owner Report a problem
    6/18/2017Listing removed$12,000+140%$5/sqft
    Source: Owner Report a problem
    6/27/2015Listing removed$5,000$2/sqft
    Source: J R Daly and Sons Inc. Report a problem
    5/7/2015Listed for rent$5,000$2/sqft
    Source: J R Daly and Sons Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $6,050
    2024-- $6,050
    2023-- $6,050
    2022-- $6,050
    2021-- $6,050
    2020-- $6,050
    2019-- $6,050
    2018-- $6,050
    2017$5,870 $6,050
    2016-- $6,050
    2015-- $6,050
    2014-- $6,050
    2013-- $6,050
    2012-- $6,050
    2011-- $6,050
    2007$4,557 +16.4%$6,050
    2005$3,915 +4%$6,050
    2004$3,763 -0.3%$6,050
    2003$3,774 +2.3%$6,050
    2002$3,691 $6,050
    Find assessor info on the county website

    Neighborhood: 11954

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,433,900
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    Estimated market value
    $2,433,900