478 W  Lake Dr, Montauk, NY 11954
FOR SALE1.16 ACRES

478 W Lake Dr
Montauk, NY 11954

  • 1 Bed
  • 7 Baths
  • 8,000 sqft (on 1.16 acres)
  • 1 Bed
  • 7 Baths
  • 8,000 sqft (on 1.16 acres)

$6,495,000

Est. Mortgage $43,371/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

A premier commercial waterfront property located in the heart of Montauk harbor is comprised of 5 separate buildings and 3 dock spaces. Buildings 1 & 2 are 2600+/- sf each (1300 sf each floor) with 4 separate rental units and harbor views from each unit. Building 3 is 1200+/- sf with a covered porch and outdoor seating area. Building 4 is a 2500+/- sf fishpacking facility, and building 5 is an ice house/cold storage. The property is zoned commercial waterfront which offers multiple uses. Situated on 1.16 acres with ample parking and heavy foot traffic, this is a unique opportunity in a great waterfront location with many possibilities.

Home Highlights

Parking
None
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$812
Listed
180+ days ago
Listing by: Compass

Home Details for 478 W Lake Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central Air

Days on Market

Days on Market: 180+ Days on Trulia

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
Parking: None

Price & Status

Price
Price Per Sqft: $812

Agent Information

Listing Agent
MLS/Source ID: 374123

Lot Information

Lot Area: 0.00 Acres

Price History for 478 W Lake Dr

DatePriceEventSource
10/18/2023$6,495,000Listed For SaleOut East #374123
07/22/2019$200,000ListingRemovedAgent Provided
07/20/2019$200,000Listed For SaleAgent Provided
11/23/2017$4,400,000Sold
N/A
04/23/2017$5,450,000PriceChange
Agent Provided
11/08/2016$5,750,000PriceChange
Agent Provided
06/10/2015$6,500,000Listed For SaleAgent Provided

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Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.99
Single-Family Home
$7,000,000
10/05/23
4
4
3,500
1.11
Single-Family Home
$2,155,000
05/08/23
4
5
3,652
0.68
Single-Family Home
$1,475,000
08/07/23
3
3
2,000
1.23
Single-Family Home
$3,200,000
12/29/23
4
3
2,200
0.64
Single-Family Home
$1,325,000
05/26/23
3
2
1,364
1.46
Single-Family Home
$1,175,000
10/09/23
2
2
1,200

What Locals Say about Montauk

  • Harrison D.
    "The school choices suck, the island can get boring during winter for older teens and underaged adults. Work is good when its summer. Dont enroll your child in East Hampton High School if you can afford to. "
    25
    Flag
  • Israel872017
    "Montauk NY Is the best. Place of the Hamptons Summer is fantastic in the magic world and all the beach is clear and so fresh water "
    1
    Flag
  • Contractinggmd
    "Sucks need a car or Uber beach is close depending on where u live otherwise better like to exercise "
    1
    Flag
  • Trulia User
    "I’ve lived in this neighborhood my whole life and am now raising my own family here. My childhood friends are doing the same. "
    0
    Flag
  • Elycoste242
    "Very safe, friendly people, clean, Beautiful beaches, great school A lot of hotels, bars,restaurants "
    2
    Flag
  • Ray L. I.
    "This is a superb location and has access to everything you need and want. From restaurants to shops to the beach you cannot ask for more here. Lots of parks and recreation in the nearby area as well. "
    1
    Flag
  • Meg
    "Have a boat out there for 10 years. Just bring flip flops and bathing suits. No fancy needed here, that's not what it is about. Sit back and enjoy!"
    3
    Flag

LGBTQ Local Legal Protections

Christopher Coleman - Real Estate Sales Person, Compass
478 W Lake Dr, Montauk, NY 11954 is a 1 bedroom, 7 bathroom, 8,000 sqft single-family home built in 1978. This property is currently available for sale and was listed by Out East on Sep 11, 2023. The MLS # for this home is MLS# 374123.