5 Oceanview Terrace Montauk, NY 11954
Montauk NeighborhoodEstimated payment $73,959/month
Total Views
49,147
4
Beds
4.5
Baths
3,000
Sq Ft
$4,317
Price per Sq Ft
Highlights
- Ocean Front
- Heated In Ground Pool
- Beach House
- Montauk School Rated A
- Deck
- Wood Flooring
About This Home
Discover a timeless beachfront retreat with 90 feet of direct ocean access, nestled among the dunes in the highly sought-after Montauk locale. Just moments away from town shops, dining, and conveniences, this residence also enjoys proximity to the upscale Marram hotel, offering on-site dining. Discreetly set back from the road, this home effortlessly harmonizes the allure of oceanfront living with utmost seclusion and ease. The interior unfolds with a generously spacious living room, complete with a fireplace and expansive double sliding doors that frame the pool and ocean vista beyond. The main level offers an inviting eat-in kitchen adorned with new appliances. This level accommodates two guest bedrooms that share a full bathroom, a guest suite with its own private bath, and a primary suite that presents captivating water views, a private bath, walk-in closet, and a sitting area that opens to the pool deck through sliders. Upstairs, an additional bedroom/living area adorned with a wet bar and half bathroom awaits, offering versatile space to unwind. For unparalleled experiences, ascend to the private rooftop terrace - a serene haven for observing whales, checking the surf, or simply savoring the salty air. Promising potential, the full basement stands ready for your vision, with an open room and full bathroom, as well as a walkout that grants direct beach access. An attached two-car garage, ocean side hot tub, and a private bluff-side staircase further enrich the coastal lifestyle. Recent enhancements to the home comprise a new roof, updated HVAC system, fresh garage doors, modern appliances, and upgraded pool heating and pump systems. This exceptional oceanfront treasure presents a rare opportunity to own in a great Montauk location minutes to all.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,665
Year Built
- Built in 1968
Lot Details
- 1 Acre Lot
- Ocean Front
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Scenic Vista
Home Design
- Beach House
- Wood Siding
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Entrance Foyer
- Living Room
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Pool
- Heated In Ground Pool
- Gunite Pool
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Septic Tank
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $8,897 | $15,550 | $3,150 | $12,400 |
| 2022 | $15,089 | $15,550 | $3,150 | $12,400 |
| 2021 | $15,089 | $15,550 | $3,150 | $12,400 |
| 2020 | $7,518 | $15,550 | $3,150 | $12,400 |
| 2019 | $7,518 | $0 | $0 | $0 |
| 2018 | $15,126 | $15,550 | $3,150 | $12,400 |
| 2017 | $15,126 | $15,550 | $3,150 | $12,400 |
| 2016 | $15,030 | $15,550 | $3,150 | $12,400 |
| 2015 | -- | $15,550 | $3,150 | $12,400 |
| 2014 | -- | $15,550 | $3,150 | $12,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Price Changed | $12,950,000 | 0.0% | $4,317 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $12,950,000 | -7.2% | $4,317 / Sq Ft |
| 05/07/2025 05/07/25 | Off Market | $13,950,000 | -- | -- |
| 02/11/2025 02/11/25 | For Sale | $13,950,000 | 0.0% | $4,650 / Sq Ft |
| 02/11/2025 02/11/25 | Off Market | $13,950,000 | -- | -- |
| 02/06/2025 02/06/25 | Price Changed | $13,950,000 | 0.0% | $4,650 / Sq Ft |
| 02/06/2025 02/06/25 | For Sale | $13,950,000 | -6.4% | $4,650 / Sq Ft |
| 09/14/2024 09/14/24 | Off Market | $14,900,000 | -- | -- |
| 08/13/2024 08/13/24 | For Sale | $14,900,000 | 0.0% | $4,967 / Sq Ft |
| 07/08/2024 07/08/24 | Off Market | $14,900,000 | -- | -- |
| 07/07/2024 07/07/24 | For Sale | $14,900,000 | 0.0% | $4,967 / Sq Ft |
| 07/06/2024 07/06/24 | Off Market | $14,900,000 | -- | -- |
| 06/14/2024 06/14/24 | For Sale | $14,900,000 | 0.0% | $4,967 / Sq Ft |
| 06/10/2024 06/10/24 | Off Market | $14,900,000 | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $14,900,000 | 0.0% | $4,967 / Sq Ft |
| 04/11/2024 04/11/24 | Off Market | $14,900,000 | -- | -- |
| 03/15/2024 03/15/24 | Price Changed | $14,900,000 | 0.0% | $4,967 / Sq Ft |
| 03/15/2024 03/15/24 | For Sale | $14,900,000 | 0.0% | $4,967 / Sq Ft |
| 03/14/2024 03/14/24 | Price Changed | $14,900,000 | 0.0% | $4,967 / Sq Ft |
| 03/14/2024 03/14/24 | For Sale | $14,900,000 | -12.1% | $4,967 / Sq Ft |
| 02/21/2024 02/21/24 | Off Market | $16,950,000 | -- | -- |
| 09/30/2023 09/30/23 | Price Changed | $16,950,000 | -5.6% | $5,650 / Sq Ft |
| 08/16/2023 08/16/23 | Price Changed | $17,950,000 | 0.0% | $5,983 / Sq Ft |
| 08/16/2023 08/16/23 | For Sale | $17,950,000 | +2.6% | $5,983 / Sq Ft |
| 09/14/2022 09/14/22 | Off Market | $17,500,000 | -- | -- |
| 05/11/2021 05/11/21 | For Sale | $22,000,000 | -- | $7,333 / Sq Ft |
Source: NY State MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $5,000,000 | -- | |
| Deed | $5,000,000 | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,272,888 | Unknown | |
| Closed | $3,640,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Similar Homes in Montauk, NY
Source: NY State MLS
MLS Number: 10991975
APN: 0300-051-00-04-00-002-000
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