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For sale
  • Price cut: $1M (6/29)
    $10,495,000

     Shelter Island, NY 11964

    5beds
    5,800sqft
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    Single Family Residence
    Built in 2024
    2.12 Acres Lot
    $9,672,400 Zestimate®
    $1,809/sqft
    $-- HOA

    What's special

    This 2024 constructed 5,800-square-foot modern waterfront residence, built by Fountainhead Construction Inc., offers 250 feet of sandy beach and extraordinary panoramic water views. 180 degrees of sweeping water views from Crab Creek to North Haven Point and across Great Peconic Bay, with 250 feet of sandy beach along the shoreline. Walls of glass in the kitchen, dining area, living room, and select bedrooms frame the remarkable water views and glowing sunsets, creating a seamless connection between indoors and out. Step onto the waterfront patio or terrace to experience the setting even more fully. The sleek five-bedroom home includes six full baths and two half baths, with sophisticated finishes and amenities throughout, including 10-foot doors, a kitchen with custom Cesar Italian cabinetry and natural stone countertops, a fireplace, media room, and heated waterside pool. Set on 2.12 secluded acres, this exceptional property offers a rare opportunity for refined waterfront living
    122 days
    |
    541
    |
    29
    |

    Zillow last checked:

    Listed by:

    Sotheby's International Realty,

    Nicholas Brown - Real Estate Sales Person 646-824-9693

    Source: Out East,MLS#: 394115

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Family Room, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: No
      Interior area
      • Total structure area: 5,800
      • Total interior livable area: 5,800 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: GarageDetached
      • Has garage: Yes
      Features
      • Stories: 3
      • Has private pool: Yes
      • Pool features: Heated
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Lot
      • Size: 2.12 Acres

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2024

      Community & HOA

      Location
      • Region: Shelter Island

      Financial & listing details

      • Price per square foot: $1,809/sqft
      • Date on market: 3/14/2026
      • Lease term: Contact For Details

        Estimated market value

        $9,672,400

        $9.19M - $10.16M

        $8,202/mo

        Price history

        DateEventPrice
        6/29/2026Price change$10,495,000-8.7%$1,809/sqft
        Source: Out East #394115 Report a problem
        3/14/2026Listed for sale$11,495,000-11.5%$1,982/sqft
        Source: Out East #394115 Report a problem
        12/7/2025Listing removed$12,995,000$2,241/sqft
        Source: Out East #384562 Report a problem
        7/25/2025Price change$12,995,000-1.9%$2,241/sqft
        Source: Out East #384562 Report a problem
        5/1/2025Listed for sale$13,250,000-5%$2,284/sqft
        Source: Out East #384562 Report a problem
        1/30/2025Listing removed$13,950,000$2,405/sqft
        Source: Out East #384562 Report a problem
        10/24/2024Listed for sale$13,950,000+240.2%$2,405/sqft
        Source: Out East #384562 Report a problem
        5/13/2020Listing removed$4,100,000$707/sqft
        Source: Corcoran - EE Shelter Island #33123 Report a problem
        11/7/2019Price change$4,100,000-6.8%$707/sqft
        Source: Corcoran Group #33123 Report a problem
        6/18/2019Listed for sale$4,400,000$759/sqft
        Source: Corcoran Group #33123 Report a problem
        4/22/2019Listing removed$4,400,000$759/sqft
        Source: Corcoran Group #33123 Report a problem
        4/8/2019Listed for sale$4,400,000$759/sqft
        Source: Corcoran Group #33123 Report a problem
        4/6/2019Listing removed$17,666$3/sqft
        Source: Shelter Island Heights Report a problem
        3/22/2019Listed for rent$17,666$3/sqft
        Source: Shelter Island Heights Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $5,875,000 +52%
        2024-- $3,866,000 +6.8%
        2023-- $3,618,600 +42.2%
        2022-- $2,544,000
        2021-- $2,544,000 +1.5%
        2020-- $2,506,000 +0.2%
        2019-- $2,500,000 +0.2%
        2018-- $2,494,000 +2.6%
        2017$14,792 $2,431,000 +2.8%
        2016-- $2,365,000 +7.1%
        2015-- $2,209,000 +6%
        2014-- $2,084,000 +4.2%
        2013-- $2,000,000 +1%
        2012-- $1,980,000 -2%
        2011-- $2,020,000 +0.2%
        2010-- $2,015,000 -9.8%
        2009-- $2,233,000 -1.2%
        2008-- $2,260,100 +7.5%
        2007$10,740 +4.7%$2,102,900 +37.7%
        2005$10,256 +15.2%$1,527,000 +23.6%
        2004$8,900 +21.3%$1,235,000 +24.5%
        2003$7,336 +7%$991,600 +65.3%
        2002$6,858 $600,000
        2001-- $600,000
        2000$6,327 $600,000

        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: 11964

        Getting around

        0 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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