Set on a beautifully level 1.47 acre lot adjacent to a serene town-owned park, this delightful cottage-style home offers a unique opportunity just moments from Montclair Colony, Salt Restaurant, and the Island Boatyard Marina. Originally built in 1960, the main residence features a spacious open-plan living and dining area with a cozy fireplace, a formal dining room, and a sunroom off the kitchen-perfect for relaxing or entertaining. There's plenty of potential here to update or expand with your own design vision. The property also includes a separate, renovated 1-bedroom cottage, complete with a legal kitchen, spacious bathroom, and inviting living area-ideal for guests, or as a rental income opportunity. A detached 2-car garage and ample outdoor space, including room for a pool, complete this rare offering in one of the area's most desirable locations. Owned solar panels provide significant energy savings with little to no ongoing cost. Don't miss your chance to enjoy the peaceful living just minutes from local favorites and the charm of the surrounding community. The sauna and lap pool in the basement are not being represented. This home is being sold "As Is", and has all co's in place.
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Zillow last checked:
Listed by:
Daniel Gale Sotheby's International Realty631-749-1155,
Debra Von Brook-Binder - Real Estate Sales Person631-872-2889
Source: Out East,MLS#: 390734
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Rooms
Room types: Laundry
Cooling
Central Air
Features
Basement: Yes
Has fireplace: Yes
Interior area
Total structure area: 1,702
Total interior livable area: 1,702 sqft
Property
Parking
Parking features: GarageDetached
Has garage: Yes
Features
Stories: 1
Lot
Size: 1.47 Acres
Details
Parcel number: 0700018000200081000
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Condition
New construction: No
Year built: 1960
Community & HOA
Location
Region: Shelter Island
Financial & listing details
Price per square foot: $852/sqft
Tax assessed value: $731,000
Annual tax amount: $4,033
Date on market: 8/28/2025
Lease term: Contact For Details
Estimated market value
Zestimate®
$1,351,300
Estimated sales range
$1.28M - $1.42M
Rent Zestimate®
$6,710/mo
Price history
Date
Event
Price
6/27/2026
Pending sale
$1,450,000$852/sqft
Source: OneKey® MLS as distributed by MLS GRID #905186Report a problem
6/11/2026
Price change
$1,450,000-9.1%$852/sqft
Source: OneKey® MLS as distributed by MLS GRID #905186Report a problem
5/16/2026
Price change
$1,595,000-5.9%$937/sqft
Source: OneKey® MLS as distributed by MLS GRID #905186Report a problem
11/7/2025
Price change
$1,695,000-5.6%$996/sqft
Source: OneKey® MLS as distributed by MLS GRID #905186Report a problem
8/25/2025
Listed for sale
$1,795,000$1,055/sqft
Source: OneKey® MLS as distributed by MLS GRID #905186Report a problem