Exceptional development and investment opportunity in East Patchogue, located on Munsell Road. 493 Munsell Road offers a fully approved 3-lot subdivision, providing immediate rental income along with significant future development potential.
Lot 1 features an existing 2-story residence with 4 bedrooms and 3 full bathrooms. The home is currently rented with a rental permit in place, generating approximately $4,000 per month in rental income.
Lots 2 and 3 are vacant parcels, with Lot 3 configured as a flag lot, both approved for new construction. Proposed plans call for two new 2-story homes, each offering 7 bedrooms and 4 full bathrooms (plans available).
Subdivision approvals have been completed, making this a rare opportunity for investors or builders seeking a cash-flowing property with multiple approved buildable lots in a high-demand South Shore location.
206 days
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134
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6
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Zillow last checked:
Listing updated:
Listed by:
VYLLA Home888-575-2773,
Bryan Whalen631-317-9979
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 949387
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Heating
Baseboard, Natural Gas
Cooling
None
Appliances
Included: Electric Water Heater, Oven, Range, Refrigerator
Features
Open Kitchen
Flooring: Hardwood
Basement: Crawl Space
Attic: None
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 1,520
Total interior livable area: 1,520 sqft
Property
Parking
Parking features: Driveway
Has uncovered spaces: Yes
Features
Levels: Bi-Level
Lot
Size: 2.92 Acres
Details
Parcel number: 0200975900300008001
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Farmhouse
Property subtype: Single Family Residence, Residential
Materials
Vinyl Siding
Condition
Year built: 1910
Utilities & green energy
Sewer: Cesspool
Water: Public
Utilities for property: Electricity Connected, Propane
Community & HOA
HOA
Has HOA: No
Location
Region: East Patchogue
Financial & listing details
Price per square foot: $822/sqft
Tax assessed value: $2,700
Annual tax amount: $11,554
Date on market: 1/22/2026
Cumulative days on market: 206 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/28/2026
Price change
$1,250,000-7.4%$822/sqft
Source: OneKey® MLS as distributed by MLS GRID #949387Report a problem
1/22/2026
Listed for sale
$1,350,000+225.3%$888/sqft
Source: OneKey® MLS as distributed by MLS GRID #949387Report a problem
4/4/2022
Sold
$415,000-1%$273/sqft
Source: OneKey® MLS as distributed by MLS GRID #L3359092Report a problem
1/5/2022
Pending sale
$419,000$276/sqft
Source: OneKey® MLS as distributed by MLS GRID #3359092Report a problem
11/11/2021
Listed for sale
$419,000$276/sqft
Source: OneKey® MLS as distributed by MLS GRID #3359092Report a problem
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.