$892,000

161 Wallace St Freeport, NY 11520

Estimated payment $5,797/month

Total Views 1,975
4 Beds
2 Baths
1,900 Sq Ft
$469 Price per Sq Ft

Highlights

  • Popular Property
  • Open Floorplan
  • Victorian Architecture
  • Gourmet Galley Kitchen
  • Property is near public transit
  • High Ceiling

About This Home

An absolute gem in the heart of the coveted Freeport Estates section of the village, this 4-bedroom, 2–full-bath home is a rare blend of history, charm, and modern luxury. Thoughtfully updated to deliver today’s comfort and elegance while preserving the timeless simplicity and character that give it undeniable soul, this residence shines from the moment you arrive. The expansive wrap-around front porch—built for gatherings, morning coffee year-round, and effortless evening relaxation—overlooks an oversized lot that offers both space and privacy. A long, wide driveway leads to a detached garage, and side paved space for the car enthusiasts next restoration, enhancing convenience, functionality, and classic curb appeal and plenty of room for the man with and his big boy toys. Warm, welcoming, and unmistakably special, the home opens to expansive rooms, high ceilings, and a warm, inviting kitchen with gas cooking. A second staircase adds charm and practicality, while the huge full basement—with its own side-entrance driveway access—provides exceptional flexibility for storage, workshop space, or future finishing. The fully fenced (6 ft.) rear yard is a blank canvas ready for your ideal backyard paradise—garden, pool, outdoor kitchen, entertainer’s oasis, or serene retreat. All of this sits just steps from an award-winning elementary school, close to public transportation and bus lines, and only a 7-minute walk to the LIRR station, making commuting effortless. A detached gable-roof 1-car garage and full vinyl 10x10 shed add even more utility and charm. And then there’s the showstopper: a massive, unfinished 3rd-floor attic with full walk-up stairs and standing-room height—true untapped value, perfect for a future gym, private office, cigar lounge & humidor room, yoga studio, arts & crafts room, playroom, teen gaming loft, meditation or prayer space. Situated on a generous quarter-acre lot on a wide, private street, the property also includes security motion lighting and four separate exterior entrances for convenience and privacy. Inside, the formal dining room features a wood-burning fireplace with a beautiful built-in mantle—you can practically smell the holiday meals already. This is history, charm, comfort, and modern living all wrapped into one. A home like this simply will NOT last.

Listing Agent

Joseph Vennera

HomeSmart Premier Living Rlty Brokerage Phone: 631-629-3630 License #10401230197 Listed on: 11/10/2025

HomeSmart Premier Living Rlty

Co-Listing Agent

Briguitte Berrospi

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,049

Year Built

  • Built in 1909

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70 x 157
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Garden
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Wood Burning Fireplace
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Storage

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a golf course

Schools

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

Utilities

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

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Wrap Around Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,049

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Victorian
  • Property SubType: Single Family Residence
  • Property Condition: Updated/Remodeled
  • 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: 892000.00
  • MlsMajorChangeType: New Listing
  • CurrentPrice_By_LivingArea: 469.47368
  • ListPrice_By_LivingArea: 469.47368
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 3524298.6962
  • LivingAreaSearchSqFt: 1900.00
  • CurrentPrice_By_BuildingAreaTotal: 469.47368
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
  • Interior Amenities: Built-in Features, Chefs Kitchen, Eat-in Kitchen, ENERGY STAR Qualified Door(s), Entrance Foyer, Formal Dining, Granite Counters, High Ceilings, High Speed Internet, Low Flow Plumbing Fixtures, Open Floorplan, Open Kitchen, Pantry, Storage, Walk Through Kitchen, Washer/Dryer Hookup
  • Fireplaces: 1
  • Fireplace Features: Family Room, Wood Burning
  • Full Bathrooms: 2
  • Basement: Full, Storage Space, Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 1900
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Back Yard, Fenced, Vinyl
  • Pool Private: No
  • Patio and Porch Features: Covered, Porch, Wrap Around
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 14
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, Driveway, Garage, Off Street, On Street, Other, Oversized, Private, Storage

Utilities

  • Cooling: Ductless
  • Heating: Baseboard, ENERGY STAR Qualified Equipment, Hot Air
  • Laundry Features: Gas Dryer Hookup, In Basement, Laundry Room, Washer Hookup
  • 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: 0.2531
  • Lot Dimensions: 70 x 157
  • Lot Size Sq Ft: 11025
  • Lot Features: Back Yard, Cleared, Front Yard, Garden, Landscaped, Level, Near Golf Course, Near Public Transit, Near School, Near Shops
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 13048.51
  • Tax Year: 2027

MLS Schools

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/10/2025 11/10/25 For Sale $892,000 -- $469 / 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: 923760

OneKey® MLS

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