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Sold for $15,995,000
  • $15,995,000

    4 Dawn Ln, Shelter Island Heights, NY 11965

    6beds
    5,089sqft
    Single Family Residence
    Built in 1971
    1.7 Acres Lot
    $16,215,800 Zestimate®
    $3,143/sqft
    $7,134 Estimated rent

    Home value

    $16,215,800

    $14.59M - $18.00M

    $7,134/mo

    Zestimate® history
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    $111,137/mo

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    What's special

    Waterfront estateExtra-deep heated gunite poolCantilevered decksPollinator gardensDedicated guest wingPrivate gymCoastal-inspired landscaping
    A rare opportunity to own one of the East End's most significant architectural homes—more than a house, it's a lifestyle. Imagined by the Osofsky family and originally designed by Norman Jaffe in 1971, this waterfront estate was expanded by Jaffe himself in 1981—a rarity among his works. Recently renovated to preserve its architectural integrity while introducing modern comfort and luxury, the home offers a truly turn-key experience.Set on 1.7 acres with 175 feet of Gardiners Bay frontage, the property delivers sweeping views toward Orient and historic Gardiner's Island. Accessible only by ferry from the North and South Forks, Shelter Island ensures privacy and seclusion—just 2.5 hours from Manhattan yet worlds away.The residence features 6 ensuite bedrooms, 8 full baths, and 2 half baths, plus a chef's kitchen, private gym, movie theater, and dedicated guest wing. Outdoor amenities include cantilevered decks, an extra-deep heated gunite pool, an entertaining pergola with kitchen and fireplace, and a tennis court with pickleball lines. Coastal-inspired landscaping and pollinator gardens complete the serene setting.An extraordinary waterfront retreat offering timeless design, privacy, and effortless luxury.

    Zillow last checked:

    Source: Out East,MLS#: 392459

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Family Room, Laundry, Library, Office
    Cooling
    • Central Air
    Features
    • Basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 5,089
    • Total interior livable area: 5,089 sqft

    Property

    Parking
    • Parking features: GarageDetached
    • Has garage: Yes
    Features
    • Stories: 3
    • Exterior features: Tennis Court(s)
    • 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: 1.7 Acres
    Details
    • Parcel number: 0700001000200070002

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1971

    Community & HOA

    Location
    • Region: Shelter Island Heights

    Financial & listing details

    • Price per square foot: $3,143/sqft
    • Tax assessed value: $8,200,000
    • Date on market: 12/23/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/6/2026Sold$15,995,000-11.1%$3,143/sqft
    Source: Public Record Report a problem
    3/6/2026Pending sale$17,995,000$3,536/sqft
    Source: Out East #392459 Report a problem
    12/23/2025Listed for sale$17,995,000+151.7%$3,536/sqft
    Source: Out East #392459 Report a problem
    9/24/2020Sold$7,150,000$1,405/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $8,200,000 +47.8%
    2024-- $5,548,000
    2023-- $5,548,000
    2022-- $5,548,000
    2021-- $5,548,000 +15.5%
    2020-- $4,803,000 -1.3%
    2019-- $4,865,000 -0.1%
    2018-- $4,869,000 +0.3%
    2017$28,878 $4,855,000 +2.2%
    2016-- $4,750,000 -22.1%
    2015-- $6,100,000 +5.2%
    2014-- $5,800,000 +3.3%
    2013-- $5,612,000 +0.5%
    2012-- $5,586,000 -2%
    2011-- $5,700,000 +0.4%
    2010-- $5,680,000 -9.6%
    2009-- $6,285,000 -1.8%
    2008-- $6,400,000 +0.7%
    2007$32,470 +35.5%$6,357,700 +78.2%
    2005$23,964 -5.7%$3,568,000 +1.2%
    2004$25,415 +5.2%$3,526,600 +8%
    2003$24,161 +51%$3,265,800 +133.3%
    2002$16,002 $1,400,000
    Find assessor info on the county website

    Neighborhood: 11965

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $16,215,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $16,215,800