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7 Stearns Point Road

Shelter Island, NY 11964

9 beds
9 baths
5,838 sqft
~3/4 acre lot
$684 per sqft
1902 build
– on site

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

Listing courtesy of ONEKEY / Douglas Elliman Real Estate

Last checked: Checking… • Last updated Nov 9, 2024 •

MLS# 3569658 —

The Building

Year Built:

1902
New Construction:

false
Construction Materials:

Post and Beam, HardiPlank Type, Wood Siding
Architectural Style:

Barn
Basement:

Full, See Remarks
Levels:

Two
Common Walls:

No Common Walls
Building Area Units:

Square Feet

Interior

Interior Features:

Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Guest Quarters, Home Office, Master Bath, Powder Room, Storage, Walk-In Closet(s), Wet Bar
Rooms Total:

15
Flooring:

Hardwood
Fireplace:

true
Fireplaces Total:

1

Room Dimensions

Living Area:

5838
Living Area Units:

Square Feet

Location

Cross Street:

Prospect

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Attached:

false
Lot Features:

Corner Lot
Lot Size Acres:

0.7
Lot Size Area:

0.7
Lot Size SqFt:

30492
Lot Size Units:

Acres
Lot Size Source:

Other
Lot Size Dimensions:

.7
Parcel Number:

0700-014-00-01-00-040-002
Flood Zone Report:

Yes
Flood Zone Date:

2024-08-19
Road Responsibility:

Private Maintained Road

Listing Agent

Contact info:

Taxes

Tax Lot:

40
Tax Block:

1
Tax Map Number:

0700-014-00-01-00-040-002
Tax Annual Amount:

8017

Beds

Bedrooms Total:

9

Baths

Total Baths:

9
Full Baths:

9

The Listing

Virtual Tour URL Branded:

https://my.matterport.com/show/?m=7JDavUDZKNZ&mls=1

Heating & Cooling

Heating:

Oil, Forced Air, See Remarks
Cooling:

Central Air, Window Unit(s)
Cooling:

true

Utilities

Sewer:

Cesspool
Water Source:

Well, Private

Appliances

Appliances:

Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator

Schools

Elementary School District:

Shelter Island
Middle Or Junior School:

Shelter Island School
Middle Or Junior School District:

Shelter Island
High School:

Shelter Island School
High School District:

Shelter Island

The Community

Senior Community:

false

Parking

Garage:

false
Attached Garage:

false
Parking Total:

14
Parking Features:

Private, Assigned, Driveway, Off Street, Other

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
8/1/24 Aug 1, 2024	Listed / Active	ONEKEY	$3,995,000

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This multifamily located in Shelter Island, NY 11964 is currently for sale for $3,995,000. 7 Stearns Point Road is a 5,838 square foot multifamily with 9 beds and 9 baths that has been on Estately for 112 days.

Listing Courtesy of: ONEKEY and Douglas Elliman Real Estate.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.