5 Ocean View Ter, Montauk, NY 11954
FOR SALE1 ACRE

5 Ocean View Ter
Montauk, NY 11954

  • 4 Beds
  • 5 Baths
  • 3,000 sqft (on 1 acre)
  • 4 Beds
  • 5 Baths
  • 3,000 sqft (on 1 acre)

$14,900,000

Est. Mortgage $100,984/mo*

Local Information

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

Description

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 Highlights

Parking
Garage
Outdoor
Pool
A/C
Cooling only
HOA
None
Price/Sqft
$4,967
Listed
45 days ago
Listing by: Compass

Home Details for 5 Ocean View Ter

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central Air
Fireplace & Spa
FireplaceHot Tub or Spa

Days on Market

Days on Market: 45 Days on Trulia

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking: Garage Detached, Garage
Pool
Pool

Price & Status

Price
Price Per Sqft: $4,967

Agent Information

Listing Agent
MLS/Source ID: 358330

Lot Information

Lot Area: 0.00 Acres

Price History for 5 Ocean View Ter

DatePriceEventSource
03/14/2024$14,900,000Listed For SaleOut East #358330
02/19/2024$16,950,000ListingRemovedOut East #358330
09/30/2023$16,950,000PriceChange
Out East #358330
08/16/2023$17,950,000Listed For SaleOut East #358330
11/25/2022ListingRemovedOut East
06/16/2022$17,500,000PriceChange
Out East #358330
05/20/2022$22,000,000Listed For SaleOut East #358330
01/15/2022ListingRemovedOut East
08/19/2021$20,500,000PriceChange
Out East #358330
05/13/2021$19,950,000Listed For SaleOut East #358330
10/23/2018$5,000,000Sold
N/A
12/16/1993$665,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax
Assessment$15,550
Home facts updated by county records

Comparable Sales for 5 Ocean View Ter

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.47
Single-Family Home
$2,525,000
10/05/23
4
3
3,067
0.27
Single-Family Home
$2,700,000
02/26/24
2
2
-
1.62
Single-Family Home
$2,155,000
05/08/23
4
5
3,652
1.78
Single-Family Home
$7,000,000
10/05/23
4
4
3,500
1.40
Single-Family Home
$3,200,000
12/21/23
3
2
2,078
1.32
Single-Family Home
$2,060,000
06/26/23
3
3
2,650
0.82
Single-Family Home
$1,275,000
04/05/24
2
2
1,050
1.52
Single-Family Home
$2,175,000
04/01/24
4
4
2,160

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
5 Ocean View Ter, Montauk, NY 11954 is a 4 bedroom, 5 bathroom, 3,000 sqft single-family home built in 1968. This property is currently available for sale and was listed by Out East on Mar 14, 2024. The MLS # for this home is MLS# 358330.