$1,999,000
$751K PRICE DROP

Estimated payment $11,415/month

Total Views 55,077
6 Beds
4 Baths
4,949 Sq Ft
$404 Price per Sq Ft

Highlights

  • Water Views
  • Raised Ranch Architecture
  • Main Floor Bedroom
  • Viking Appliances
  • Wood Flooring
  • 2 Fireplaces

About This Home

Investors Dream! Welcome to this expansive 6-Bedroom, 4-Bath Home with Water Views on Shelter Island
This spacious 6-bedroom, 4-bathroom home, nestled in one of Shelter Island’s most sought-after locations, offers a perfect blend of luxury and comfort. Featuring a grand primary suite and a versatile junior suite, it’s ideal for both relaxation and hosting guests.

The very large dining room is perfect for entertaining, with plenty of space to host family gatherings or dinner parties. French doors off the dining room leads you onto the spacious deck. The chef’s kitchen boasts a Viking stove, ideal for preparing gourmet meals with ease.

Enjoy breathtaking water views from multiple rooms, enhancing the home’s serene atmosphere. The property also includes an elevator for easy access to all floors, ensuring convenience and accessibility. Set on over an acre of beautifully landscaped land, the outdoor space offers endless potential for enjoyment and expansion.

Create your own dream home with the space this property offers. The large bedrooms and living space creates options for an investment property or a luxury home.

This is a rare opportunity to own a remarkable home with exceptional amenities in a prime location. Possible mother/daughter with proper permits. A MUST SEE!!!

Listing Agent

Marie Catanzano

Signature Premier Properties Brokerage Phone: 631-728-1900 License #10301218648 Listed on: 03/12/2025

Signature Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,283

Year Built

  • Built in 1973

Home Design

  • Raised Ranch Architecture
  • Frame Construction

Interior Spaces

  • 4,949 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven
  • Cooktop
  • Dishwasher
  • Viking Appliances
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Shelter Island Elementary And Middle School
  • Shelter Island High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • 1.04 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 44 / 2
  • Assessor Parcel Number 0700-001-00-02-00-044-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,283

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Raised Ranch
  • Property SubType: Single Family Residence
  • Property Condition: Actual
  • Accessibility Features: Accessible Elevator Installed
  • Year Built: 1973
  • Attribution Contact: 631-728-1900
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Gas Cooktop, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Elevator, Entrance Foyer, Formal Dining, Granite Counters, Kitchen Island, Primary Bathroom, Natural Woodwork
  • Fireplaces: 2
  • Flooring: Hardwood
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 4949
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Pool Private: No
  • View: Water
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Oil
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Shelter Island School

Lot Info

  • Lot Size Acres: 1.04
  • Lot Size Sq Ft: 45302
  • Building Area Total: 4949
  • Parcel Number: 0700-001-00-02-00-044-000
  • Property Attached: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 7282.84
  • Tax Block: 2
  • Tax Lot: 44
  • Tax Year: 2024

MLS Schools

  • Elementary School: Shelter Island School
  • High School: Shelter Island School
  • Middle School District: Shelter Island

Map

Range of Values:

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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
2024 $7,007 $1,130,000 $568,000 $562,000
2023 $7,007 $1,099,000 $568,000 $531,000
2022 $6,917 $1,099,000 $568,000 $531,000
2021 $6,750 $1,099,000 $568,000 $531,000
2020 $6,618 $1,088,000 $568,000 $520,000
2019 $6,618 $0 $0 $0
2018 $6,194 $1,070,000 $644,400 $425,600
2017 $6,194 $1,039,000 $556,200 $482,800
2016 $6,122 $1,005,000 $551,700 $453,300
2015 -- $965,000 $533,900 $431,100
2014 -- $900,000 $519,100 $380,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $1,999,000 -18.4% $404 / Sq Ft
06/09/2025 06/09/25 Price Changed $2,450,000 -10.9% $495 / Sq Ft
03/12/2025 03/12/25 For Sale $2,750,000 -- $556 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $370,000 Chicago Title Insurance Co
Deed $370,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $925,000 Unknown
Closed $82,500 Credit Line Revolving
Closed $385,000 Unknown
Closed $250,000 Unknown
Closed $75,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Marie Catanzano

Signature Premier Properties

(844) 791-3908

Section Image

I'm a professional expert real estate associate broker with Signature Premier Properties real estate. Providing home-buyers and sellers with professional, responsive and attentive real estate services. Real estate is as much about people as it is the sale. It exceeds my next big deal or transaction. Clients are not a one time sales transaction. these are people I cherish and partner with in making their dreams a reality. I provide a target laser focused approached to marketing their property

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Source: OneKey® MLS

MLS Number: 834105

OneKey® MLS

APN: 0700-001-00-02-00-044-000