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Shelter Island NY, 11964 $3,995,000

Multi Family For Sale 9 Beds , 9 Full Bath , 5838 SqFt 

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Details ML#: 3569658  

  • Style: Barn
  • # of Families: 2
  • Year Built: 1902
  • Taxes: $8,017
  • Status:Active
  • Foreclose:Yes

Description

Step into timeless elegance with this iconic single-family residence with an option for an owner-occupied 5-bedroom bed & breakfast (B&B) license. Originally constructed in 1902 and beautifully reimagined to meet modern standards. Nestled in the serene Shelter Island Heights, 7 Stearns Point Road offers an exquisite blend of historic charm and contemporary luxury. This expansive property sits on a 0.70- acre parcel, equipped with 5, 838 +/- sq. ft. of living space, plus a spacious basement level adding 2, 588 +/- sq. ft. The property features 7 ensuite bedrooms complemented by 2 large living rooms and a well-appointed kitchen. Recent renovations have expanded the living space to include an extension with 2 additional bedrooms, a stunning double-height Great Room, as well as a state-of-the-art gym/yoga studio. Enjoy the beautiful backyard with a heated 40x18 in-ground Gunite pool, perfect for relaxing after a day exploring the nearby Crescent Beach and Sunset Beach which is moments away. The property also includes a full liquor license, which enhances its appeal as a premier vacation destination. The spacious basement areas provide ample storage and laundry facilities, ensuring convenience. A wonderful investment opportunity for an owner-occupied 5-bedroom bed and breakfast. The property also includes 2 driveways. Key Features: - Historic property built in 1902, fully renovated - 9 bedrooms and 9 bathrooms, including recent additions - Option for an owner-occupied 5 Bedroom bed and breakfast - Two driveways - Heated 40x18 in-ground Gunite pool - State-of-the-art gym/yoga studio - Full-height basements for storage and laundry - Walking distance to Crescent Beach & Sunset Beach - Full liquor license

More Property Details

Room Information

Bedroom: 9   Family Room: 1   Full Bath: 9  

Property Features

Lot Size: 0.7   Lot Sq Ft: 30492   Approx. Int. Sq. Ft.: 5838.00   Garage: 0.0   Parking Spaces: Yes   Parking Spaces: 14   Parking Facilities: Private, Assigned, Driveway, Off Street, Other  

Appliances & Utilities

Washer: Yes   Dryer: Yes   Refrigerator: Yes   Dishwasher: Yes   Stoves: Yes   Heat: Oil, Forced Air, See Remarks   A/C: Central Air, Window Unit(s)   Water: Well, Private   Sewer: Cesspool   Garbage Removal: Private   Alarm System: Yes   Shades and Blinds: Yes  

Financial

Taxes: $8,017  

Local Area Information

School District#: 1   School District: Shelter Island   Block: 1   Lot: 40  

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