$887,000
PENDING OPEN SUN 12PM - 2PM $5K PRICE DROP

161 Wallace St Freeport, NY 11520

Estimated payment $5,832/month

Total Views 3,033
4 Beds
2 Baths
1,897 Sq Ft
$468 Price per Sq Ft

Highlights

  • Gourmet Galley Kitchen
  • Property is near public transit, schools, and shops
  • 1 Fireplace
  • Open Floorplan
  • Victorian Architecture
  • High Ceiling

About This Home

*The sellers have fully moved into their new home and are highly motivated to pass the torch to the next buyer. This is a first come, first served opportunity, don't miss this absolute gem.*
Welcome to this timeless oversized Victorian. Rich with character, charm, and a warm old world soul. The perfect balance of history and comfort sits proudly on a quarter-acre in the heart of the prestigious Freeport Estates section of the Village. Set on a wide, tree lined street and just a short walk to the LIRR station, public transportation, shops, restaurants, and all conveniences, this location offers unbeatable connectivity. You’re also only three blocks from the Village police and fire stations for added peace of mind. The home is also just minutes from the world-famous Nautical Mile Long Island’s legendary waterfront destination for dining, entertainment, and nightlife and only two blocks from the gorgeous Freeport Jr. High School, adding outstanding convenience . A massive wrap around front porch embraces the entire front of the home an estate like welcome that invites morning coffee, evening relaxation, and year round enjoyment. The brand new paver walkway and two car wide, four car long blacktop driveway stretch all the way to the rear of the 140 foot deep property, leading to your 12 ft high gable roof 1.5 car garage with carriage style doors and a convenient side entrance. The fully fenced 6-foot vinyl enclosure creates complete privacy and security, setting the stage for the backyard paradise of your dreams. With a lot this deep, the possibilities are endless: a pool, outdoor kitchen, cabana, play area, firepit, a gazebo, or even a vegetable and herb garden, this property can truly host it all. Inside, natural light pours through oversized windows on every level. The home faces east, blessing you with warm, golden morning sun perfect for coffee on the porch and a quiet, calming retreat at the end of a long day. Featuring four separate exterior entrances, the layout is designed for flexibility and convenience. One side entrance leads directly into the kitchen and the full basement. Another rear door is perfectly positioned for guests to access the closely located first floor full bath during cookouts, gatherings, or future pool days. The dining room is highlighted by a beautiful natural wood burning fireplace ideal for memorable entertaining and cozy evenings. Soaring 8 foot ceilings create a sense of openness and grandeur throughout the entire home. Just off the entrance foyer, the wide Victorian staircase leads to a spacious center hall opening to four generously sized bedrooms and an oversized family bathroom. From there, a walk-up third floor reveals an enormous high ceiling attic offering endless potential for expansion, storage, studio space, or anything you can imagine. Don’t miss the second staircase from the kitchen leading directly to the bedrooms, perfect for the early morning coffee runner or late night snack missions. This home truly has it all: unforgettable curb appeal, a spectacular wrap around porch, incredible interior warmth, and a property deep enough to create any lifestyle you dream of. A rare Victorian treasure in one of Freeport’s most sought after neighborhoods. Today showing is cancelled Wednesday December 10 and Friday Dec 12. Next showing Saturday Dec13 and Sunday Dec14

Listing Agent

Joseph Vennera

HomeSmart Premier Living Rlty Brokerage Phone: 631-629-3630 License #10401230197 Listed on: 11/30/2025

HomeSmart Premier Living Rlty

Co-Listing Agent

Briguitte Berrospi

HomeSmart Premier Living Rlty Brokerage Phone: 631-629-3630 License #10401358051

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,326

Year Built

  • Built in 1909

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 150
  • Vinyl Fence
  • Perimeter Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard Sprinklers
  • Cleared Lot
  • Garden
  • Back and Front Yard

Parking

  • 1.5 Car Detached Garage
  • Oversized Parking
  • Driveway
  • On-Street Parking

Home Design

  • Mini Estate
  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 1,897 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Woodwork
  • High Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Storage

Kitchen

  • Gourmet Galley Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Basement Storage

Home Security

  • Security Lights
  • Smart Thermostat
  • Fire and Smoke Detector

Schools

  • Caroline G Atkinson Elementary School
  • John W Dodd Middle School
  • Freeport High School

Utilities

  • Ductless Heating Or Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Oil
  • Natural Gas Connected
  • Oil Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Shed
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Assessor Parcel Number 2009-55-384-00-0048-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,326

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Mini Estate, Victorian
  • Property SubType: Single Family Residence
  • Property Condition: Actual
  • Levels: Three Or More
  • Year Built: 1909
  • Attribution Contact: 631-629-3630
  • Co List Office Mls Id: KEYHMSM02
  • Co List Office Phone: 631-629-3630
  • Carport Y N: No
  • CurrentPrice: 887000.00
  • MlsMajorChangeType: Pending
  • CurrentPrice_By_LivingArea: 467.58039
  • ListPrice_By_LivingArea: 467.58039
  • ListPrice_By_OriginalListPrice: 0.99439
  • OpenHousePublicUpcoming: Public: Sun Jan 11, 12:00PM-2:00PM
  • ListPrice_By_LotSizeAcres: 3548000.0000
  • LivingAreaSearchSqFt: 1897.00
  • OpenHouseUpcoming: Public: Sun Jan 11, 12:00PM-2:00PM
  • CurrentPrice_By_BuildingAreaTotal: 467.58039
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Oil Water Heater
  • Interior Amenities: First Floor Full Bath, Chefs Kitchen, Eat-in Kitchen, Entrance Foyer, Formal Dining, Galley Type Kitchen, Granite Counters, High Ceilings, High Speed Internet, Low Flow Plumbing Fixtures, Natural Woodwork, Open Floorplan, Open Kitchen, Original Details, Pantry, Smart Thermostat, Storage, Walk Through Kitchen, Washer/Dryer Hookup
  • Fireplaces: 1
  • Fireplace Features: Family Room
  • Full Bathrooms: 2
  • Basement: Full, Partial, Storage Space, Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 1897
  • Other Equipment: Irrigation Equipment, Lawn Maintenance Equipment
  • Basement YN: Yes

Exterior Features

  • Other Structures: Garage(s), Shed(s)
  • Construction Materials: Vinyl Siding
  • Fencing: Fenced, Perimeter, Vinyl
  • Pool Private: No
  • Spa: No
  • Waterfront: No
  • Foundation Details: Concrete Perimeter, Slab

Garage/Parking

  • Garage Spaces: 1.5
  • Garage: Yes
  • Parking Description: Detached, Driveway, Garage, On Street, Oversized, Private, Storage

Utilities

  • Cooling: Ductless
  • Heating: Oil
  • Security: Security Lights, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: John W Dodd Middle School

Lot Info

  • Horses: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 80 x 150
  • Lot Size Sq Ft: 12000
  • Lot Features: Back Yard, Cleared, Front Yard, Garden, Landscaped, Level, Near Public Transit, Near School, Near Shops, Paved, Sprinklers In Front
  • Parcel Number: 2009-55-384-00-0048-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 14326
  • Tax Year: 2026

MLS Schools

  • Elementary School: Caroline G Atkinson School
  • High School: Freeport High School
  • Middle School District: Freeport

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,444 $438 $177 $261
2024 $928 $429 $173 $256
2023 $9,909 $474 $192 $282
2022 $9,909 $448 $181 $267
2021 $13,255 $456 $184 $272
2020 $9,671 $595 $453 $142
2019 $8,756 $595 $341 $254
2018 $8,616 $791 $0 $0
2017 $9,411 $782 $453 $329
2016 $10,585 $782 $453 $329
2015 -- $782 $453 $329
2014 -- $782 $453 $329
2013 $1,067 $782 $453 $329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 Pending -- -- --
01/05/2026 01/05/26 Price Changed $887,000 0.0% $468 / Sq Ft
01/05/2026 01/05/26 For Sale $887,000 -0.1% $468 / Sq Ft
12/17/2025 12/17/25 Pending -- -- --
12/07/2025 12/07/25 Price Changed $888,000 -0.3% $468 / Sq Ft
12/05/2025 12/05/25 Price Changed $890,999 0.0% $470 / Sq Ft
12/03/2025 12/03/25 Price Changed $891,000 -0.1% $470 / Sq Ft
11/30/2025 11/30/25 For Sale $892,000 -- $470 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $320,000 Prefered Abstract Corp
Bargain Sale Deed $320,000 Prefered Abstract Corp
Bargain Sale Deed $320,000 Prefered Abstract Corp
Bargain Sale Deed $200,000 None Available
Bargain Sale Deed $200,000 None Available
Bargain Sale Deed $200,000 None Available
Foreclosure Deed $302,287 Web Title
Foreclosure Deed $302,287 Web Title
Foreclosure Deed $302,287 Web Title
Source: Public Records

Source: OneKey® MLS

MLS Number: 939858

OneKey® MLS

APN: 2009-55-384-00-0048-0