Discover a rare opportunity on the picturesque Montauk shoreline with this .83 acre property offering a unique blend of commercial/industrial zoning potential alongside a charming single-family home and cottage. Situated just a 2-minute walk from the water's edge, this property promises endless possibilities for development and lifestyle. The main residence, a distinctive 2-story home featuring 2 bedrooms and 1 bath, embodies a cozy yet versatile living space, ideal for personal use or creative renovation. Adjacent to the main house, a quaint cottage equipped with all utilities boasts 1 bedroom and 1 bath, providing additional accommodation or rental income potential. With its prime location and expansive lot, totaling .83 acres, this property invites visionary investors and homeowners alike to envision and realize something truly extraordinary. Seize the chance to transform this Montauk gem into your dream coastal sanctuary or thriving commercial venture.
The median home value in Montauk, NY is $1,610,000. This is higher than the county median home value of $565,700. The national median home value is $338,100. The average price of homes sold in Montauk, NY is $1,610,000. Approximately 29.28% of Montauk homes are owned, compared to 5.83% rented, while 64.89% are vacant. Montauk real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montauk real estate agent to arrange a tour today!
Montauk, New York has a population of 4,272. Montauk is less family-centric than the surrounding county with 25.81% of the households containing married families with children. The county average for households married with children is 32.94%.
The median household income in Montauk, New York is $135,927. The median household income for the surrounding county is $111,660 compared to the national median of $69,021. The median age of people living in Montauk is 51.8 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 45.3 inches per year, with 25.8 inches of snow per year.