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.
For sale
Price cut: $100K (5/28)
$1,250,000
493 Munsell Road, East Patchogue, NY 11772
4beds
1,520sqft
Single Family Residence, Residential
Built in 1910
2.92 Acres Lot
$-- Zestimate®
$822/sqft
$-- HOA
What's special
Vacant parcelsFlag lot
- 159 days |
- 141 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
VYLLA Home 888-575-2773,
Bryan Whalen 631-317-9979
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 949387
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Propane
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: 159 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
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 #949387 Report a problem | ||
| 1/22/2026 | Listed for sale | $1,350,000+225.3%$888/sqft |
Source: OneKey® MLS as distributed by MLS GRID #949387 Report a problem | ||
| 4/4/2022 | Sold | $415,000-1%$273/sqft |
Source: OneKey® MLS as distributed by MLS GRID #L3359092 Report a problem | ||
| 1/5/2022 | Pending sale | $419,000$276/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3359092 Report a problem | ||
| 11/11/2021 | Listed for sale | $419,000$276/sqft |
Source: OneKey® MLS as distributed by MLS GRID #3359092 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $2,700 |
| 2024 | -- | $2,700 |
| 2023 | -- | $2,700 |
| 2022 | -- | $2,700 |
| 2021 | -- | $2,700 |
| 2020 | -- | $2,700 |
| 2019 | -- | $2,700 |
| 2018 | -- | $2,700 |
| 2017 | $6,884 | $2,700 |
| 2016 | -- | $2,700 |
| 2015 | -- | $2,700 |
| 2014 | -- | $2,700 |
| 2013 | -- | $2,700 |
| 2012 | -- | $2,700 |
| 2011 | -- | $2,700 |
| 2010 | -- | $2,700 |
| 2009 | -- | $2,700 |
| 2008 | -- | $2,700 |
| 2007 | $5,603 +18.9% | $2,700 |
| 2005 | $4,712 -8% | $2,700 |
| 2004 | $5,121 +9% | $2,700 |
| 2003 | $4,697 +6.9% | $2,700 |
| 2002 | $4,393 +5.5% | $2,700 |
| 2001 | $4,163 +0.3% | $2,700 |
| 2000 | $4,150 | $2,700 |
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 11772
Nearby schools
GreatSchools rating
- 2/10Kreamer Street Elementary SchoolGrades: K-3Distance: 0.9 mi
- 4/10Bellport Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Bellport Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Bay Elementary School
- Middle: Saxton Middle School
- High: Patchogue-Medford High School
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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Suffolk County
- Bellport
- 11772
- 493 Munsell Road
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