Skip main navigation
For sale
  • $5,495,000

    32 Hilo Dr, Shelter Island Heights, NY 11965

    4beds
    2,237sqft
    Loading
    Single Family Residence
    Built in 1986
    1 Acres Lot
    $5,267,300 Zestimate®
    $2,456/sqft
    $-- HOA

    What's special

    Deep-water dockExpansive front lawnBeautifully landscaped groundsWood-burning fireplaceFully remodeled traditionalSpectacular house-length veranda
    This exceptional, fully remodeled traditional is the waterfront retreat buyers dream of-perched atop a scenic bluff in coveted Hilo Shores with breathtaking water views from nearly every room, including three of the four bedrooms. Designed for both elegant entertaining and relaxed coastal living, the home features 4 spacious bedrooms, 41/2 beautifully renovated baths, and a stunning chef's gourmet kitchen. The spectacular house-length veranda overlooks the heated waterside pool and offers sweeping views of West Neck Harbor-the perfect setting for sunset cocktails or morning coffee. A true boater's paradise, the property includes a deep-water dock plus additional mooring for two boats, providing effortless access to the water. Additional highlights include a wood-burning fireplace, outdoor shower with dressing room, expansive front lawn, and beautifully landscaped grounds. The finished walk-out lower level, complete with a full bath and private entrance, offers exceptional flexibility as a guest suite, media lounge, home office, or recreation space. Rarely does a home combine luxury, comfort, spectacular views, and premier boating amenities in such an extraordinary waterfront setting.
    94 days
    |
    646
    |
    27
    |

    Zillow last checked:

    Listed by:

    Corcoran Group 631-749-2526,

    Peter M. McCracken - Associate Real Estate Broker 631-774-0107

    Source: Out East,MLS#: 395847

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Laundry
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: No
      Interior area
      • Total structure area: 2,237
      • Total interior livable area: 2,237 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 2
      • Has private pool: Yes
      • Pool features: Heated
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Lot
      • Size: 1 Acres
      Details
      • Parcel number: 0700018000400009000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1986

      Community & HOA

      Location
      • Region: Shelter Island Heights

      Financial & listing details

      • Price per square foot: $2,456/sqft
      • Tax assessed value: $3,468,000
      • Date on market: 5/20/2026
      • Lease term: Contact For Details

        Estimated market value

        $5,267,300

        $5.00M - $5.53M

        $7,859/mo

        Price history

        DateEventPrice
        5/20/2026Listing removed$69,000$31/sqft
        Source: Zillow Rentals Report a problem
        5/20/2026Listed for sale$5,495,000+207.8%$2,456/sqft
        Source: Out East #395847 Report a problem
        3/11/2026Listed for rent$69,000-1.4%$31/sqft
        Source: Zillow Rentals Report a problem
        9/1/2025Listing removed$70,000$31/sqft
        Source: Zillow Rentals Report a problem
        4/21/2025Price change$70,000+1.4%$31/sqft
        Source: Zillow Rentals Report a problem
        12/1/2022Listed for rent$69,000$31/sqft
        Source: Out East #370237 Report a problem
        6/17/2016Sold$1,785,000-15%$798/sqft
        Source: Public Record Report a problem
        3/17/2008Sold$2,100,000+28.4%$939/sqft
        Source: Public Record Report a problem
        7/31/2003Sold$1,635,000$731/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $3,468,000 +52.6%
        2024-- $2,272,000
        2023-- $2,272,000 +5.3%
        2022-- $2,158,000
        2021-- $2,158,000 +0.3%
        2020-- $2,151,000 +0.2%
        2019-- $2,146,000 +0.3%
        2018-- $2,140,000 +0.6%
        2017$12,692 $2,127,000 -2.9%
        2016-- $2,190,000 +7%
        2015-- $2,046,000 +6%
        2014-- $1,930,000 +3.8%
        2013-- $1,860,000 +1.3%
        2012-- $1,837,000 -2%
        2011-- $1,875,000 -6.8%
        2007$10,276 +7.4%$2,012,100 +41.2%
        2005$9,571 +3%$1,425,000 +10.6%
        2004$9,289 +19.1%$1,289,000 +22.2%
        2003$7,803 -9%$1,054,700 +40.6%
        2002$8,573 $750,000
        2001-- $750,000
        2000$7,908 $750,000
        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: 11965

        Getting around

        2 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes