For Sale

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3 Pandion Road

$7,750,000

3 Pandion Road

3 Pandion Road, Shelter Island, NY 11964

Description

In a real estate market tight on inventory, comes a rare opportunity in Shelter Island to build your Hamptons dream compound with 875 feet of water frontage and Suffolk County Department of Health Services ("SCDHS") and Department of Environmental Conservation ("DEC") applications pending. Set along Coecles Harbor and facing east, this 6 acre two-parcel offering has full planning board approval, able to have its own dock, and a true blank canvas. The conceptual renderings revealing a modern main house and modern guest house and proposed site plan, reveal just a glimpse into the type of compound one could build here. The options with this offering are vast and exciting. The six-acre parcel is divided in two, so that the next owner can build a main residence on the first parcel and a guest house on the 2nd or build a sister home on each lot. The conceptual plan proposes a 6,000 square foot main house and 3,000 square foot guesthouse. (A single lot residence over 6,000 square feet requires issuance of a Special Permit from the Town of Shelter Island.) Located at the end of a cul-de-sac, the two parcels are part of the Pandion Subdivision. The subdivision offers owners access to a deep water dock, tennis court(s), boat storage, and a brand new waterfront boat house ideal for entertaining or rinsing off from a boating adventure. The setting is also extraordinary as the lots are all surrounded by wetlands, protected lands, and Coecles Harbor. Pandion is just five (5) minutes from the Shelter Island South Ferry to Sag Harbor and one (1) mile +/- to the center of town. For boat enthusiasts, this is a dream location with the ability to dock your boat at multiple locations and set off to multiple destinations. All owners are also entitled to a mooring in the Harbor as well. At your waterfront home, enjoy views of Coecles Harbor, Mashomack Preserve, Ram Island, and Gardiners Bay in the distance, and countless sunrises. Adventures to Sag Harbor Village and the North Fork are just moments away.
 

Features

6 Acres Lot

Matt  Breitenbach photo

Matt Breitenbach

Features & Amenities

Exterior

POOL Room for Pool
Lot Features Waterfront, Cul de Sac, Room for Tennis
Other Exterior Features Private Outdoor Space, Waterfront Deep Water Dock, Exterior Tennis

Area & Lot

Status For Sale
TOTAL AREA 261,360 Sq.Ft.
LOT SIZE 6 Acres
MLS® ID 890726
Type LAND
Water Frontage 875
View Description Harbor, Water

Financial

SALES PRICE $7,750,000
REAL ESTATE TAXES $36,295/yr

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