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Off market
  • $9,998,600

    22 Prospect Ave, Shelter Island, NY 11964

    7beds
    7,165sqft
    SingleFamily
    Built in 1883
    1.87 Acres Lot
    $9,998,600 Zestimate®
    $1,395/sqft
    $7,819 Estimated rent

    Home value

    $9,998,600

    $8.30M - $12.10M

    $7,819/mo

    Zestimate® history
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    What's special

    This 1884 Queen Anne style waterfront estate possesses an extraordinary provenance, and has been lovingly restored, retaining its original character. Set on 1.87 elevated acres with 200 +/- feet of sandy beachfront on Shelter Island Sound, the sweeping sunset views from four levels of living space, comprising 7165 square feet, offer a bird's eye view all the way to Connecticut. The area, named "Divinity Hill" after this and the adjacent home on this picturesque lane were built by Dr. Richard Salter Storrs, a minister who delivered a speech for Abraham Lincoln, as well as the convocation for the opening of the Brooklyn Bridge. A wide circular driveway leads to the front steps. The entry foyer, which has a fireplace, cushioned window seat, sitting area and an abundance of natural light offers a view through the home to the water. The library is adjacent with fireplace and full bath. The living and dining areas extend along the waterfront side of the home, with well placed windows and French doors opening to an incredible sound front entertainment veranda. The kitchen, practical and stylish, has a center island, breakfast area with expansive water views, and an adjacent mud room entry. From the entry foyer, the staircase leading to the upper floors is truly graceful, with intricately carved newel posts and balusters. The second floor has three guest bedrooms, one with water views, plus a grand master suite with sitting area, fireplace, and spacious spa-like bath with soaking tub and shower, and a private waterfront deck. The third floor has high ceilings, incredible views of the sea and sand, sailboats and osprey nest, with living room, two bedrooms with water views and full bath. The lower level which is at grade, was once the "summer kitchen" and features a media room, billiards area, entertainment bar, lounge, full bath, powder room and bedroom with doors to expansive lawn, Gunite pool, patio area and meandering garden path leading past a tall osprey nest and sea grasses to the sandy beach, which is wonderfully idyllic and private. Within close proximity to ferry, fine dining and golf, this estate is indeed divine in every way.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Forced air, Oil
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 7,165 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.87 Acres
    Details
    • Parcel number: 0700005000400005000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Piers
    Condition
    • Year built: 1883

    Community & HOA

    Location
    • Region: Shelter Island

    Financial & listing details

    • Price per square foot: $1,395/sqft
    • Tax assessed value: $8,750,000

    Price history

    DateEventPrice
    9/29/2020Sold$5,500,000-4.3%$768/sqft
    Source: Agent Provided Report a problem
    7/17/2020Pending sale$5,750,000$803/sqft
    Source: SAUNDERS & ASSOCIATES #10380626 Report a problem
    5/22/2020Price change$5,750,000-3.4%$803/sqft
    Source: Saunders & Associates #3212786 Report a problem
    3/11/2020Price change$5,950,000-4%$830/sqft
    Source: SAUNDERS & ASSOCIATES #10380626 Report a problem
    1/15/2020Listing removed$35,000$5/sqft
    Source: Saunders & Associates #3142961 Report a problem
    1/2/2020Listed for rent$35,000$5/sqft
    Source: Saunders & Associates #3142961 Report a problem
    11/20/2019Price change$6,199,000-4.6%$865/sqft
    Source: Saunders & Associates #103369 Report a problem
    8/17/2019Price change$6,499,000-3%$907/sqft
    Source: Saunders & Associates #103369 Report a problem
    5/22/2019Price change$6,700,000-3.6%$935/sqft
    Source: Saunders & Associates Report a problem
    4/19/2018Price change$6,950,000-12.6%$970/sqft
    Source: SAUNDERS & ASSOCIATES #10380626 Report a problem
    3/12/2018Listed for sale$7,950,000+174.1%$1,110/sqft
    Source: SAUNDERS & ASSOCIATES #10380626 Report a problem
    1/3/2008Sold$2,900,000$405/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $8,750,000 +47.5%
    2024-- $5,932,000 +18.7%
    2023-- $4,999,000
    2022-- $4,999,000
    2021-- $4,999,000 +0.1%
    2020-- $4,994,000 +0.3%
    2019-- $4,980,000 +0.1%
    2018-- $4,973,000 +2.5%
    2017$29,494 $4,853,000 +5.5%
    2016-- $4,598,000 +8.6%
    2015-- $4,233,000 +6%
    2014-- $3,995,000 +3.1%
    2013-- $3,875,000 +1.4%
    2012-- $3,820,000 -1.3%
    2011-- $3,870,000 +31.6%
    2010-- $2,940,000 +24.9%
    2009-- $2,353,000 -24.1%
    2008-- $3,100,000 +1.6%
    2007$15,587 +14.3%$3,052,000 +50.3%
    2005$13,634 +11.3%$2,030,000 +19.4%
    2004$12,251 -2.6%$1,700,000
    2003$12,577 +72.8%$1,700,000 +161.5%
    2002$7,278 $650,000
    2001-- $650,000
    2000$6,918 $650,000
    Find assessor info on the county website

    Neighborhood: 11964

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Shelter Island School
    • Middle: Shelter Island School
    • High: Shelter Island School
    • District: Shelter Island

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $9,998,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $9,998,600