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For sale
  • $24,995,000

    40 Melchionna Rd, Montauk, NY 11954

    3beds
    2,200sqft
    Loading
    Single Family Residence
    Built in 1964
    5.18 Acres Lot
    $-- Zestimate®
    $11,361/sqft
    $-- HOA

    What's special

    Established equestrian infrastructureSweeping water viewsExisting three-bedroom two-bath residence
    A rare opportunity set at one of the highest elevations in Montauk, this approximately 15 acre+/- offering presents the scale and flexibility to create an extraordinary private estate in one of the area's most compelling settings. Comprised of three buildable lots with a 3.58 acre+/- private gated road and driveway, the property combines significant development potential with established equestrian grounds, protected surroundings, and sweeping water views. The largest of the three lots, at 40 Melchionna Road, is improved with an existing three-bedroom, two-bath residence, while the two additional lots remain vacant, allowing for a range of possibilities. The acreage could accommodate a substantial new main residence, evolve into a multi-residence compound, or be maintained as an expansive private retreat. From its elevated position, the property enjoys panoramic vistas with water visible in every direction. To the north, the property abuts approximately 900 acres of protected state land, providing a remarkable natural backdrop and helping preserve the privacy and unobstructed character of the setting. Its established equestrian infrastructure includes two expansive fenced paddocks, each with water service for troughs and existing barns, as well as a large fenced training ring with an additional lean-to barn and attached tack and feed room. The property's connection to Montauk's preserved landscape is equally remarkable, with direct access to trails that wind through Montauk County Park and into Montauk Point State Park. Together, these protected lands encompass more than 2,000 acres+/-, creating an exceptional setting for horseback riding, hiking, and exploring the natural beauty of Montauk. With three buildable lots, existing equestrian facilities, direct access to hundreds of acres of preserved land and trails, and panoramic water views from one of Montauk's most elevated settings, the property represents an increasingly rare opportunity to create a private legacy estate of exceptional scale and character.40 MELCHIONNA ROAD - 5.18 Acres | House (3 bed/2 bath)26 MELCHIONNA ROAD - 4.28 Acres | Buildable lot32 MELCHIONNA ROAD - 1.91 Acres | Buildable lotPRIVATE ROAD WITH GATED ENTRY - 3.58 Acres
    62 days
    671
    9

    Zillow last checked:

    Listed by:

    Bespoke Real Estate 631-500-9030,

    Sam Kelly - Real Estate Sales Person 631-478-2822

    Source: Out East,MLS#: 397452

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Features
      • Basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,200
      • Total interior livable area: 2,200 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Pool features: Room for a Pool
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 5.18 Acres
      Details
      • Parcel number: 0300013000200034000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1964

      Community & HOA

      Community
      • Features: Room for a Tennis Court
      Location
      • Region: Montauk

      Financial & listing details

      • Price per square foot: $11,361/sqft
      • Tax assessed value: $27,600
      • Date on market: 8/25/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/25/2026Listed for sale$24,995,000+8.7%$11,361/sqft
        Source: Out East #397452 Report a problem
        10/22/2025Listing removed$23,000,000$10,455/sqft
        Source: Out East #383263 Report a problem
        8/10/2024Listed for sale$23,000,000$10,455/sqft
        Source: Out East #383263 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $27,600
        2024-- $27,600
        2023-- $27,600
        2022-- $27,600
        2021-- $27,600
        2020-- $27,600
        2019-- $27,600
        2018-- $27,600
        2017$26,697 $27,600
        2016-- $27,600
        2015-- $27,600
        2014-- $27,600
        2013-- $27,600
        2012-- $27,600
        2011-- $27,600
        2007$20,607 +19.2%$27,600
        2005$17,293 +3.5%$27,600
        2004$16,708 -1.3%$27,600
        2003$16,934 +1.2%$27,600
        2002$16,737 $27,600
        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

        3 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

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