8 Margaret's Drive, Shelter Island, NY 11964
SOLDSEP 8, 2023

8 Margaret's Drive
Shelter Island, NY 11964

  • 6 Beds
  • 5 Baths
  • 2,978 sqft (on 1.05 acres)
  • 6 Beds
  • 5 Baths
  • 2,978 sqft (on 1.05 acres)

$2,000,000

Last Sold: Sep 8, 2023
11% below list $2.25M
$672/sqft
Est. Refi. Payment $13,375/mo*
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Homes for Sale Near 8 Margaret's Drive

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Local Information

map showing home location
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Description

This property is no longer available to rent or to buy. This description is from May 31, 2023
Located on navigable West Neck Creek, this 1970s expanded 6 bed, 4.5 bath contemporary home sits on +/-1.05 acres with spectacular water views. Arrive by boat and private dock to an expansive deck leading into a soaring open plan living and kitchen space. There is plenty of accommodation for all to enjoy this stunning setting surrounded by the natural beauty of Shelter Island. The dock area has been seeded with oysters and clams. A light and airy +/- 624 ft bonus room with 19 ft ceiling is located over the 2 car detached garage, providing opportunity for a studio, office or gym. Waiting to be reimagined for today's indoor outdoor lifestyle, this property is being sold as is.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$672/sqft
Listed
180+ days ago

Home Details for 8 Margaret's Drive

Interior Features

Interior Details
Basement: Bilco Door(s),Partial,UnfinishedNumber of Rooms: 11Types of Rooms: Living Room, Bedroom
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2978 Square Feet
Appliances & Utilities
Appliances: Hot Water: Electric Stand Alone
Heating & Cooling
Heating: Oil,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Oil
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: Panoramic, Other, Water

Exterior Features

Exterior Home Features
Other Structures: OutbuildingExterior: Dock
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Private,Detached,Off Street
Frontage
WaterfrontWaterfront: Creek, WaterfrontOn Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Frontage Length: 154

Property Information

Year Built
Year Built: 1973Year Renovated: 2016
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Frame, Wood SidingNot a New ConstructionNot Attached Property
Property Information
Condition: ExcellentParcel Number: 0700018000200037000

Price & Status

Price
List Price: $2,249,000Price Per Sqft: $672/sqft
Status Change & Dates
Off Market Date: Thu Jan 05 2023

Active Status

MLS Status: U

Location

Direction & Address
City: Shelter Island
School Information
Elementary School: Shelter Island SchoolElementary School District: Shelter IslandJr High / Middle School: Shelter Island SchoolJr High / Middle School District: Shelter IslandHigh School: Shelter Island SchoolHigh School District: Shelter Island

Building

Building Area
Building Area: 2978 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 1.0466 Acres

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 3421614Attic: NoneWater ViewWater View: WaterAttribution Contact: 631-477-0551

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: 1 day ago
Listed by Marianne Collins, (917) 434-1463
Brown Harris Stevens N Fork, (631) 477-0551
Rachel L Rushforth-Worrell, (631) 725-2250
Brown Harris Stevens Hamptons, (631) 725-2250
Bought with: Non Member, NonMember
Source: OneKey® MLS, MLS#3421614

Price History for 8 Margaret's Drive

DatePriceEventSource
09/08/2023$2,000,000Sold
N/A
05/31/2023$2,000,000Sold
OneKey® MLS #3421614
04/12/2023$2,249,000PendingBrown Harris Stevens #368052
09/23/2022$2,249,000PriceChange
OneKey® MLS #3421614
08/07/2022$2,495,000Listed For SaleOneKey® MLS #3421614

Property Taxes and Assessment

Year2023
Tax
Assessment$2,789,000
Home facts updated by county records

Comparable Sales for 8 Margaret's Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6 Evans Road, Shelter Island, NY
0.54
Single-Family Home
$1,650,000
12/20/23
3
3
2,600
6 Behringer Lane, Shelter Island, NY
0.84
Single-Family Home
$2,200,000
12/19/23
4
4
3,450
10 Penny's Path, Shelter Island, NY
0.67
Single-Family Home
$1,300,000
08/17/23
4
3
2,270
8 Tims Trl, Shelter Island, NY
0.59
Single-Family Home
$320,000
05/11/23
4
5
3,689
6 Cove Way, Shelter Island, NY
0.37
Single-Family Home
$2,750,000
06/12/23
3
4
-
47 Peconic Avenue, Shelter Island, NY
1.09
Single-Family Home
$2,752,518
07/28/23
3
4
3,137

Assigned Schools

These are the assigned schools for 8 Margaret's Drive.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Shelter Island

  • Christina D.
    "I have lived here for the past four months and felt a sense of community and one with the natural beauty and peaceful restful ambiance"
    3
    Flag
  • Joseph L.
    "I love dogs but some owners are very rude by letting dogs off their leash in public beaches and parks Very rude"
    3
    Flag
  • Justinewatts
    "Dog friendly, very nice neighbors, quiet, walking distance to beach & many shops, wish the sidewalks were lit at night though"
    1
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey® MLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 8 Margaret's Drive

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Off Market Homes Near 8 Margaret's Drive

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8 Margaret's Drive, Shelter Island, NY 11964 is a 6 bedroom, 5 bathroom, 2,978 sqft single-family home built in 1973. This property is not currently available for sale. 8 Margaret's Drive was last sold on Sep 8, 2023 for $2,000,000 (11% lower than the asking price of $2,249,000). The current Trulia Estimate for 8 Margaret's Drive is $2,248,500.