NOT LISTED FOR SALE

2223 Indian Neck Ln Peconic, NY 11958

Nassau Point Neighborhood

Estimated Value: $935,224 - $4,491,000

5 Beds
3 Baths
-- Sq Ft
1.05 Acres

Last Sold September 18, 2023

Last sale price $3,700,000

Est. 29% decrease in value since last sale

Current estimated payment $15,731/month

9 Days on Market

Highlights

  • Water Views
  • Beach Access
  • 1.05 Acre Lot
  • Docks
  • Home fronts a creek
  • Deck

About This Home

As of September 2023

The North Fork waterfront paradise you've been waiting for. Perfectly located on coveted Indian Neck Lane with commanding views of Richmond Creek, this exceptional property boasts tranquil privacy with 185' of water frontage and your own private dock. This luxurious home has been tastefully renovated to effortlessly accommodate the easy, breezy beach lifestyle. Inside you will find an open concept floor plan with an impressive 2-story great room with fireplace, chef's kitchen with island, 5 bedrooms, updated spa-like baths, gorgeous hardwood floors, and more. Outdoors you'll enjoy the expansive deck where you can savor the privacy, water views and space this special property affords. The dock is ready for your summer fun and has both water and electric. An oversized 2 car garage, outdoor shower, and a new septic system are part of the package. Just minutes to one of the best white sandy bay beaches on the North Fork. An exceptional opportunity not to be missed.

Last Agent to Sell the Property

Patricia Cosmadelis

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 631-734-5439 License #10301221026 Listed on: 07/03/2023

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Katie Schimpf

Daniel Gale Sothebys Intl Rlty License #10401313401

Daniel Gale Sothebys Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,579

Year Built

  • Built in 1994 | Remodeled in 2021

Lot Details

  • 1.05 Acre Lot
  • Home fronts a creek
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Cedar

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • New Windows
  • Entrance Foyer
  • Den
  • Storage
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Beach Access
  • Water Access
  • Docks
  • Deck
  • Porch

Schools

  • Southold Junior-Senior High Middle School
  • Southold Junior-Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Septic Tank

Community Details

  • Powered Boats Allowed

Listing and Financial Details

  • Legal Lot and Block 11.3 / 5
  • Assessor Parcel Number 1000-086-00-05-00-011-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,579

Year Built

Built in 1994 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Two Story
  • Property SubType: Single Family Residence
  • Year Built: 1994
  • New Construction: No
  • Year Built Effective: 2021
  • Attribution Contact: 631-734-5439
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Entrance Foyer, Granite Counters, Guest Quarters, Master Bath, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Fireplaces: 1
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Window Features: New Windows, Skylight(s)
  • AtticDescription: Partial
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame, Cedar
  • Waterfront Features: Beach Access, Creek, Water Access, Waterfront
  • View: Water
  • Exterior Features: Sprinkler System, Dock
  • Patio and Porch Features: Deck, Porch
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Private, Attached, 2 Car Attached, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Oil, Forced Air
  • Security: Security System
  • Sewer: Septic Tank
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 4

Condo/Co-op/Association

  • Association Amenities: Powered Boats Allowed
  • Senior Community: No

Schools

  • Middle School: Southold Junior-Senior High School

Lot Info

  • Lot Size Acres: 1.05
  • Lot Size Area: 1.05
  • Lot Dimensions: 1.05
  • Lot Size Sq Ft: 45738
  • Lot Size Units: Acres
  • Parcel Number: 1000-086-00-05-00-011-003
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 17579
  • Tax Block: 5
  • Tax Lot: 11.3
  • Tax Map Number: 1000-086-00-05-00-011-003

MLS Schools

  • High School: Southold Junior-Senior High School
  • Middle School District: Southold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Sep 18, 2023
Sold by
Ospreys Compass Llc
Bought by
Ottomanelli Joseph and Ottomanelli Kristina
Seller's Agent
Patricia Cosmadelis
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Katie Schimpf
Daniel Gale Sothebys Intl Rlty
List Price
$3,900,000
Sold Price
$3,700,000
Premium/Discount to List
-$200,000
-5.13%
Views
54
Current Estimated Value
$2,612,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,087,694
Avg. Annual Appreciation
9.99%
Original Mortgage
$2,000,000
Outstanding Balance
$1,951,859
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,486,141

Purchase Details

Closed on
Apr 8, 2021
Sold by
Weir Gerald Est and Bolliver
Bought by
Ospreys Compass Llc
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ottomanelli Joseph $3,700,000 None Available
Ottomanelli Joseph $3,700,000 None Available
Ospreys Compass Llc -- None Available
Ospreys Compass Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ottomanelli Joseph $2,000,000
Closed Ottomanelli Joseph $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $3,700,000 -5.1% --
07/13/2023 07/13/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $3,900,000 -- --
Source: OneKey® MLS

Tax History Compared to Growth

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
2024 $17,980 $12,400 $2,000 $10,400
2023 $17,980 $12,400 $2,000 $10,400
2022 $17,575 $12,400 $2,000 $10,400
2021 $17,003 $12,400 $2,000 $10,400
2020 $16,401 $12,400 $2,000 $10,400
2019 $16,401 $0 $0 $0
2018 $15,661 $12,400 $2,000 $10,400
2017 $15,133 $12,400 $2,000 $10,400
2016 $15,007 $12,400 $2,000 $10,400
2015 -- $12,400 $2,000 $10,400
2014 -- $12,400 $2,000 $10,400
Source: Public Records

Agents Affiliated with this Home

  • Patricia Cosmadelis

    Seller's Agent in 2023

    Patricia Cosmadelis

    Daniel Gale Sotheby's

    (631) 433-1793

    7 in this area

    23 Total Sales

    Section Image
  • Katie Schimpf

    Buyer's Agent in 2023

    Katie Schimpf

    Daniel Gale Sotheby's

    (631) 129-8413

    17 in this area

    54 Total Sales

    Section Image
  • William Mcintosh

    Buyer Co-Listing Agent in 2023

    William Mcintosh

    Daniel Gale Sotheby's

    (631) 734-5439

    18 in this area

    50 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3486372

OneKey® MLS

APN: 1000-086-00-05-00-011-003

New York Suffolk County Peconic 11958 Nassau Point

2223 Indian Neck Ln, Peconic, NY

This home is located at 2223 Indian Neck Ln, Peconic, NY 11958 since 03 July 2023 and is currently estimated at $2,612,306. This property was built in 1994. 2223 Indian Neck Ln is a home located in Suffolk County with nearby schools including Southold Elementary School and Southold Junior/Senior High School.

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