This coveted waterfront acreage, 5.6 acres of meadows on Dickerson Inlet and Peconic Bay, currently a part of the historic estate "Kemah" located directly across the road is now offered for sale. With elevated, cleared vistas toward the the hills of Bridgehampton over a sandy beach peninsula on the western tip of Wades Beach, there is 596 +/- feet of shoreline. Many years ago, the property was critical to the Native Americans of the East End of Long Island, who came by canoe across the bay for fresh drinking water on Fresh Pond, using this acreage as an access point. The meadows, cut most summers, border Dickerson Creek inlet. "In my early childhood, I had the extreme pleasure of knowing the Last Queen of the Montauks," Amy Tuthill Wallace wrote in 1924. "I often walked with her in the shade paths between our home and Fresh Pond, and it was she who took me in thought to the days of her people, and taught me the beauties of nature as the [American] Indian knew it." This property has had only two owners in the last 272 years. Come and experience the natural vistas and beauty that capture the spirit of the East End of Long Island and Shelter Island-and build your home of a lifetime here. Property taxes per annum as of 2025 are $7,028.
Lot/land
$5,750,000
82 S Midway Rd, Shelter Island, NY 11964
0beds
--baths
5.6Acres
Unimproved Land
Built in ----
5.6 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Coveted waterfront acreage
- 245 days
- 131
- 8
Zillow last checked:
Listed by:
Saunders & Associates 631-749-5801,
Penelope Moore - Associate Real Estate Broker 917-208-5519
Source: Out East,MLS#: 381589
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
Features
- Basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
- Frontage type: Waterfront
Lot
- Size: 5.6 Acres
Details
- Parcel number: 0700023000100034000
Community & HOA
Location
- Region: Shelter Island
Financial & listing details
- Tax assessed value: $1,568,000
- Date on market: 1/30/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Listed for sale | $5,750,000 |
Source: Out East #381589 Report a problem | ||
| 1/21/2026 | Listing removed | $5,750,000 |
Source: Out East #381589 Report a problem | ||
| 9/30/2024 | Listed for sale | $5,750,000 |
Source: Out East #381589 Report a problem | ||
| 9/21/2024 | Listing removed | $5,750,000 |
Source: Out East #381589 Report a problem | ||
| 5/22/2024 | Listed for sale | $5,750,000 |
Source: Out East #381589 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,568,000 +44% |
| 2024 | -- | $1,088,600 |
| 2023 | -- | $1,088,600 |
| 2022 | -- | $1,088,600 |
| 2021 | -- | $1,088,600 |
| 2020 | -- | $1,088,600 |
| 2019 | -- | $1,088,600 +1.1% |
| 2018 | -- | $1,077,000 +2.4% |
| 2017 | $6,388 | $1,051,800 |
| 2016 | -- | $1,051,800 |
| 2015 | -- | $1,051,800 +5.4% |
| 2014 | -- | $997,500 |
Find assessor info on the county website




