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Off market
  • $5,722,100

    272 Old Montauk Hwy, Montauk, NY 11954

    5beds
    4,157sqft
    Cooperative
    Built in 2015
    -- sqft lot
    $5,722,100 Zestimate®
    $1,376/sqft
    $7,996 Estimated rent

    Home value

    $5,722,100

    $4.69M - $7.10M

    $7,996/mo

    Zestimate® history
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    Owner options

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    $7,996/mo

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    $7,996/mo

    Rent Zestimate®

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    $30,750/mo

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    $30,750/mo

    Est. payment

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    What's special

    Situated on Montauk's most pristine stretch of oceanfront real estate, Salt Sea 5 is one of only five available opportunities left to own effortlessly on the end of the world. Dramatic views of the ocean provide a pristine backdrop to the neutral warm palette of the residence. Walls of glass allow for an abundance of natural light to fill the home and serve consistently serene waterfront views from nearly every room. Upon entry of the two-story residence, an expansive open layout provides perfect proportions and space for entertaining between the indoors and outdoors. The chef's kitchen is equipped with custom quarter-sawn, wax-washed white oak cabinetry, hand selected honed estatuario slab countertops, full height bookended slab backsplashes, and a collection of state-of-the-art stainless-steel appliances and features a gorgeous fireplace wrapped in floor-to-ceiling strata argentum slab as the focal point of the main room; French doors open to your private terrace that features an outdoor kitchen and plenty of space for dining and lounging. The lower level includes an expansive master suite and three additional guest bedrooms. The master suite includes a soaking tub and private terrace that invites the ocean breeze in. A junior master suite is also found on the main level of the residence, offering plenty of room for guests. This home comes with private parking and a custom dedicated owners' beach cabana. Gurney's Residences are designed to offer its residents a lifestyle like no other - the ability to experience all of the benefits of residential ownership, without any of the worry. Our team offers an entire suite of services that allow you to own and manage your investment, effortlessly, including 24-hour concierge, onsite security monitoring, valet parking, pre-arrival services, housekeeping, building management/maintenance. Additional amenities include butler service with preparation for arrival, landscaping and security, water-sport equipment storage, and private chefs and event coordinators for clambakes and private bonfires. Owners will also have access to five unique dining and social venues, room service and daily maid service, kids club, beach nannies, and the Beach Club and the Seawater Spa -- a luxury spa with a world-famous indoor, ocean-fed seawater pool with panoramic views of the Atlantic, the only pool of its kind in North America. The spa also includes a Roman plunge bath, sauna, whirlpool, and a 24-hour fitness center with complimentary yoga, spin, boot camp, private trainers, and Pilates classes.

    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: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,157 sqft

    Property

    Features
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 10 Acres
    Details
    • Parcel number: 0300087000300002001

    Construction

    Type & style
    • Home type: Cooperative
    Condition
    • Year built: 2015

    Community & HOA

    Location
    • Region: Montauk

    Financial & listing details

    • Price per square foot: $1,376/sqft
    • Tax assessed value: $87,875

    Price history

    DateEventPrice
    11/24/2020Listing removed$6,899,000$1,660/sqft
    Source: Douglas Elliman Real Estate #349904 Report a problem
    7/12/2020Pending sale$6,899,000+114.3%$1,660/sqft
    Source: Douglas Elliman Real Estate #349904 Report a problem
    6/26/2020Sold$3,220,000-53.3%$775/sqft
    Source: Agent Provided Report a problem
    2/14/2020Listed for sale$6,899,000+200%$1,660/sqft
    Source: Douglas Elliman Real Estate #349904 Report a problem
    3/1/2019Sold$2,300,000-39.9%$553/sqft
    Source: Agent Provided Report a problem
    8/18/2017Sold$3,825,000-4.4%$920/sqft
    Source: Agent Provided Report a problem
    4/19/2017Listing removed$4,000,000$962/sqft
    Source: Nest Seekers Report a problem
    2/7/2017Listed for sale$4,000,000-11.1%$962/sqft
    Source: Nest Seekers Report a problem
    9/3/2016Sold$4,500,000+6.8%$1,083/sqft
    Source: Agent Provided Report a problem
    4/26/2015Listing removed$60,000$14/sqft
    Source: Douglas Elliman Real Estate #2726637 Report a problem
    4/8/2015Price change$60,000-58.6%$14/sqft
    Source: Douglas Elliman Real Estate #2726637 Report a problem
    12/16/2014Listed for rent$145,000$35/sqft
    Source: Douglas Elliman Real Estate #2726699 Report a problem
    1/13/2012Listing removed$4,215,000$1,014/sqft
    Source: East Egg Realty, LLC #2394687 Report a problem
    10/1/2011Listed for sale$4,215,000+25.8%$1,014/sqft
    Source: East Egg Realty, LLC #2394687 Report a problem
    3/1/2011Sold$3,350,000+18.6%$806/sqft
    Source: Agent Provided Report a problem
    2/20/2011Listed for sale$2,825,000$680/sqft
    Source: Prudential Douglas Elliman Real Estate #2367585 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $87,875
    2024-- $87,875
    2023-- $87,875
    2022-- $87,875 +1.9%
    2021-- $86,225 +1.4%
    2020-- $85,000
    2019-- $85,000
    2018-- $85,000
    2017$82,478 $85,000
    2016-- $85,000
    2015-- $85,000
    2014-- $85,000
    2012-- $85,000 -51.3%
    2011-- $174,650
    2010-- $174,650
    2009-- $174,650 +31.7%
    2008-- $132,650 -16.9%
    2007$120,256 +5.8%$159,650 -9.1%
    2005$113,663 +4%$175,650
    2004$109,265 -0.3%$175,650
    2003$109,567 +2.3%$175,650
    2002$107,148 $175,650
    Find assessor info on the county website

    Neighborhood: 11954

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Montauk

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