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Off market
  • $4,505,700

    261 E Lake Dr, Montauk, NY 11954

    4beds
    3,500sqft
    SingleFamily
    Built in 2005
    0.79 Acres Lot
    $4,505,700 Zestimate®
    $1,287/sqft
    $39,999 Estimated rent

    Home value

    $4,505,700

    $3.56M - $5.77M

    $39,999/mo

    Zestimate® history
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    Owner options

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    $39,999/mo

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    Rent Zestimate®

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    $31,307/mo

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    $31,307/mo

    Est. payment

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    What's special

    Still looking for your safe haven away from it all? This is a property you don't want to miss. There's really nothing like it! Set foot on this lovely waterfront home in Montauk and find everything it is that will help you realize your dreams of lakefront living. Freshly renovated and designed by one of the east ends leading architects together with an owner who sees to every detail, this amazing home is set on the waterfront in just the right spot to take in breathtaking sunsets. Best of all it's "turnkey" and ready for you to move right in!Including four bedrooms plus an extra family area with full bath, there are two large master suites; one on the first floor and another upstairs with a balcony overlooking the lake; two guest rooms upstairs with private baths, hard wood floors throughout, beautiful chef's kitchen with Wolf gas range, and subzero , stainless fridge, large open living room full of light and views of the water, beach stone fireplace, beautiful moldings and wainscoting throughout, central air, propane heat, and generator, finished basement with full bath and adjacent wine cellar. Exterior details include cedar shingles, wide cedar decking, copper gutters, two car separate garage, shed, professionally landscaped yard with perennials and three season flowering trees (handpicked to flourish on the lake ),garden area for growing your own organic goods (not a bad idea these days) and room/permits for pool. Everything is immaculately maintained and included in the price is over an acre of "underwater rights" giving more than enough depth for a private dock and/or a place to moor your boat.Set on the lakefront, with approx. 150' of frontage, you will enjoy some of the most spectacular sunsets.Located just a short walk to East Lake's fabulous Gin beach. Easily accessible to Montauk airport and Montauk's Lake Club and marina and nestled down a stone drive set back from the road for the ultimate in privacy. This is an opportunity you don't' want to miss and an investment will be one you will enjoy for years to come. Call to view, fall in love and make the move today!

    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: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,500 sqft

    Property

    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.79 Acres
    Details
    • Parcel number: 0300013000100020000

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 2005

    Community & HOA

    Location
    • Region: Montauk

    Financial & listing details

    • Price per square foot: $1,287/sqft
    • Tax assessed value: $21,975

    Price history

    DateEventPrice
    4/14/2021Listing removed--
    Source: Out East Report a problem
    12/12/2020Pending sale$4,995,000$1,427/sqft
    Source: Compass #351097 Report a problem
    4/13/2020Listed for sale$4,995,000+3197%$1,427/sqft
    Source: Compass #351097 Report a problem
    12/6/2017Sold$151,500-96.3%$43/sqft
    Source: Public Record Report a problem
    2/12/2012Listing removed$4,150,000$1,186/sqft
    Source: The Corcoran Group #36030 Report a problem
    9/25/2011Listed for sale$4,150,000+432.1%$1,186/sqft
    Source: The Corcoran Group #36030 Report a problem
    6/14/2002Sold$780,000$223/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $21,975
    2024-- $21,975
    2023-- $21,975
    2022-- $21,975
    2021-- $21,975
    2020-- $21,975
    2019-- $21,975
    2018-- $21,975
    2017$21,323 $21,975
    2016-- $21,975
    2015-- $21,975
    2014-- $21,975
    2013-- $21,975
    2012-- $21,975
    2011-- $21,975
    2007$16,553 +172.8%$21,975 +134.4%
    2005$6,067 +16.8%$9,375 +12.3%
    2004$5,194 +21.9%$8,350 +16.8%
    2003$4,260 +2.4%$7,150
    2002$4,162 $7,150
    Find assessor info on the county website

    Neighborhood: 11954

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,505,700
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    Estimated market value
    $4,505,700