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Sold for $6,000,000
  • $6,000,000

    523 Old Montauk Hwy, Montauk, NY 11954

    5beds
    3,700sqft
    Single Family Residence
    Built in 1960
    0.29 Acres Lot
    $6,437,400 Zestimate®
    $1,622/sqft
    $7,592 Estimated rent

    Home value

    $6,437,400

    $5.73M - $7.21M

    $7,592/mo

    Zestimate® history
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    What's special

    Brick terracingTraditional style homeHeated gunite poolStainless steel appliances
    This is an opportunity to own a beautiful traditional style home across the street from the ocean with a path to the sand just 100 feet away from this property. Enter the upside down style home to find an open kitchen with quartz countertops, stainless steel appliances, counter seating, and a dining area. The kitchen opens to the living room with fireplace and sliders out to the ocean facing deck. These living areas and the deck offer gorgeous views of the ocean. This level also has an office and a full bathroom. Downstairs, there are two guest bedrooms and a full bathroom along with a primary suite which has a walk-in closet and it's own private bath. Separate from this "main house" there is an attached "cottage", the original portion of the home dating back to the 1950's, where one can find two bedrooms, a full bathroom, living area, and a kitchenette. Additionally, there is a gym with a powder room, a separate room with a full bathroom, and a basement with additional space. The grounds are manicured and hedged in for privacy with a new heated gunite pool surrounded by brick terracing. Lovingly maintained by the same owners for 45+ years, this property is a prime location with plenty of space for all to enjoy.

    Zillow last checked:

    Source: Out East,MLS#: 383787

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 6
    Rooms
    • Room types: Family Room, Office
    Cooling
    • Central Air
    Features
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,700
    • Total interior livable area: 3,700 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
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 0300069000200022000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1960

    Community & HOA

    Location
    • Region: Montauk

    Financial & listing details

    • Price per square foot: $1,622/sqft
    • Tax assessed value: $9,900
    • Date on market: 9/13/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/23/2025Sold$6,000,000-18.8%$1,622/sqft
    Source: Public Record Report a problem
    3/5/2025Pending sale$7,390,000$1,997/sqft
    Source: Out East #383787 Report a problem
    9/13/2024Listed for sale$7,390,000+39.6%$1,997/sqft
    Source: Out East #383787 Report a problem
    4/2/2021Listing removed--
    Source: Out East Report a problem
    9/27/2020Listed for sale$5,295,000$1,431/sqft
    Source: Compass #354430 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $9,900
    2024-- $9,900
    2023-- $9,900
    2022-- $9,900
    2021-- $9,900
    2020-- $9,900
    2019-- $9,900
    2018-- $9,900
    2017$9,606 $9,900
    2016-- $9,900
    2015-- $9,900
    2014-- $9,900
    2013-- $9,900
    2012-- $9,900
    2011-- $9,900
    2007$7,457 +16.4%$9,900
    2005$6,406 +4%$9,900
    2004$6,158 -0.3%$9,900
    2003$6,175 +2.3%$9,900
    2002$6,039 $9,900
    Find assessor info on the county website

    Neighborhood: 11954

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,437,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,437,400