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For sale
  • $6,950,000

    278 W Lake Dr, Montauk, NY 11954

    4beds
    3,575sqft
    Loading
    Single Family Residence
    Built in 1973
    1.55 Acres Lot
    $6,198,300 Zestimate®
    $1,944/sqft
    $-- HOA

    What's special

    Lakefront estatePrivate mooringSweeping water viewsThree additional guest bedroomsTwo guest bathroomsBreathtaking vistasSpacious attached garage
    Discover the beauty of Lake Montauk from this impressive lakefront estate, offering sweeping water views and generous living spaces throughout. Completely renovated in 2014, this home has 4 bedrooms, 4 full bathrooms, and multiple bonus rooms, and provides exceptional flexibility for luxurious coastal living. The main level features a large open kitchen, living, and dining area, each room showcasing stunning views of the lake. Two versatile bonus rooms-ideal for a den and home office-add convenience and functionality. A full bathroom and a laundry room complete the first floor. This level also includes a spacious attached garage, offering ease and practicality for year-round living. Below, a full basement provides substantial storage space and presents an excellent opportunity to be finished in the future for additional living area if desired. The upper level is anchored by a serene primary suite overlooking the water, offering breathtaking vistas. Three additional guest bedrooms and two guest bathrooms provide ample space for visitors. Three extra rooms on this level offer endless possibilities-use them as a media room, gym, or studio. Step outside to an expansive patio, featuring a covered section with an outdoor fireplace, perfect for year-round entertaining. An outdoor shower adds a classic coastal touch. A private, easy path leads directly to the beach, making it effortless to launch kayaks, paddle boards, and more. A private mooring completes this exceptional waterfront offering, providing convenient access for boating enthusiasts.
    75 days
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    1,289
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    34
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    Zillow last checked:

    Listed by:

    Compass,

    Christopher Coleman - Real Estate Sales Person 516-445-1513

    Source: Out East,MLS#: 392428

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Family Room, Laundry, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 3,575
      • Total interior livable area: 3,575 sqft

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Stories: 2
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Lot
      • Size: 1.55 Acres
      Details
      • Parcel number: 0300012000400020000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1973

      Community & HOA

      Location
      • Region: Montauk

      Financial & listing details

      • Price per square foot: $1,944/sqft
      • Tax assessed value: $18,700
      • Date on market: 6/11/2026
      • Lease term: Contact For Details

        Estimated market value

        $6,198,300

        $5.89M - $6.51M

        $7,126/mo

        Price history

        DateEventPrice
        6/11/2026Price change$6,950,000-13.1%$1,944/sqft
        Source: Out East #392428 Report a problem
        12/11/2025Price change$7,995,000-5.9%$2,236/sqft
        Source: Out East #392428 Report a problem
        4/23/2025Price change$8,500,000-8.1%$2,378/sqft
        Source: OneKey® MLS as distributed by MLS GRID #L3589585 Report a problem
        11/6/2024Listed for sale$9,250,000+585.2%$2,587/sqft
        Source: OneKey® MLS as distributed by MLS GRID #3589585 Report a problem
        8/12/2011Sold$1,350,000$378/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $18,700
        2024-- $18,700
        2023-- $18,700
        2022-- $18,700
        2021-- $18,700
        2020-- $18,700
        2019-- $18,700
        2018-- $18,700
        2017$17,527 $18,700
        2016-- $18,700 +4.3%
        2015-- $17,925 +46.3%
        2014-- $12,250
        2013-- $12,250
        2012-- $12,250
        2011-- $12,250
        2007$9,347 +15.8%$12,250
        2005$8,070 +4.1%$12,250
        2004$7,754 -0.3%$12,250
        2003$7,781 +2.3%$12,250
        2002$7,606 $12,250
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 11954

        Getting around

        15 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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