15A / 15 & 13 S Menantic Road, Shelter Island, NY, 11964 | $9,955,000

For the first time in over a century, this extraordinary collection of generationally owned properties is being offered together as a singular and rare opportunity. Nestled along the serene and picturesque Menantic Creek, these three separate parcels combined total 4. 9 acres, which have been combined into one sale, presenting an unrivaled waterfront retreat. The Menantic Creek, known as Hurricane Hole for boat protection during storms, offers boating access to both the North and South Forks and a short run to Montauk. For the boating enthusiast, this offering includes a 100-foot stationary dock, complete with a 6-foot-wide walkway with a bench, as well as a 12-foot plastic ramp leading to a 30x6 ft. floating dock with three anchor pilings. Two moorings on the creek are also available, pending reapplication. At the heart of this offering is 15A Menantic Road, a legally designated two-family residence with a breathtaking 3, 944 square feet of meticulously renovated living space. This refined home features five bedrooms, 4 plus 2 1/2 baths, and a 483-square-foot garage, all thoughtfully designed to maximize the stunning creek views. Taxes: $12, 206. 00 Adjacent to this residence is 15 Menantic Road, a pristine and vacant 1. 3-acre parcel, offering endless potential to further enhance this exceptional estate. Taxes: $4, 325. 00 Completing the trio is 13 Menantic Road, a charming 1930s bungalow with two bedrooms and one bath set on 1. 47 acres and a brand new two story 4 bedroom, 2. 5 bath home with attached two car garage in the final stages of completion. Taxes: $8, 521. 00 What truly sets this estate apart is its extraordinary arboretum-like setting, adorned with a curated collection of rare and mature specimen trees, including Copper Beech, Southern Magnolia, White Birch, Monkey Puzzle, Dawn Redwoods, Linden, Osage Orange, Red Japanese Maple, and Dogwood. The natural beauty of this land is simply unparalleled. This is a once-in-a-lifetime opportunity to own a waterfront compound with limitless potential—a legal multi-family residence, a historic bungalow, a new construction home and an untouched parcel—all in one of the most coveted locations. A truly rare find for the discerning buyer seeking exclusivity, natural beauty, and unparalleled waterfront living.

Features

  • Rooms: 16
  • Bedrooms: 9
  • Baths: 4 full / 2 half
  • Laundry: Electric Dryer Hookup
  • Style: Contemporary
  • Year Built: 1983
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Basement: Partially Finished, Storage Space
  • Approx Sq. Feet: 3,944
  • Acreage: 4.9
  • Est. Taxes: $25,052
  • Lot Desc: Back Yard, Cleared, Front Yard, Garden, Level
  • View: Water
  • Water Front: Yes
  • Elem. School: Contact Agent
  • Middle School: Shelter Island School
  • High School: Shelter Island School
  • School District: Shelter Island
  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • MLS#: 842673
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /eprop/842673/15a15and13smenanticroad_shelterisland_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Daniel Gale Sothebys Intl Rlty   Phone: 631-288-1050

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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15A / 15 & 13 S Menantic Road, Shelter Island, NY, 11964

$9,955,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $7,964,000 $7,964,000 $7,964,000
Term 360 months 360 months 180 months
Initial Interest Rate** 4.750% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.028% 5.858% 5.681%
Monthly Tax Payment $2,088 $2,088 $2,088
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $41,544 $46,476 $65,073
Total Monthly Payment $43,757 $48,689 $67,286

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.