WaterfrontBeach, Ocean Access, Water Access, Waterfront
ViewPanoramic, Skyline, Other, Water
Private PoolYes
MLS #3586218
Lot Size3.40 Acres
StatusActive (A)
About 408 Old Montauk
Presenting one of the rarest and most majestic Oceanfront offerings in The Hamptons - The Stone House, located at 408 Old Montauk Highway, a coveted Private Oceanfront location with panoramic views throughout including nearby Montauk lighthouse and Block Island. Nestled on 3.2 acres with 178.7ft of Ocean frontage, this exquisite estate offers a majestic main residence drafted by the finest artisans with custom copper handmade windows and masterful stonework with hand carved wood exterior. Consisting of two bedrooms and two and a half baths it sits perched on a nearly 70-ft. vegetative bluff and protected by a rare rock revetment on the Atlantic Ocean. The property also boasts a separate 608 sqft +/- lofted 1-Bath artist's studio with a covered porch overlooking an open meadow. Additionally, a 186 sqft +/- pool house with bath, outdoor shower overlooks a pond-shaped 35 x 15 saltwater pool lined with large stones surrounded with expansive lawns, gardens and the ocean beyond. Originally built in 1912, the home was rebuilt in 1991 by renowned designer Tony Ingrao, whose intention was to preserve the integrity of the original structure but breathe modern conveniences into the living experience. This home is by far the most recognized for its unparalleled exclusivity, by way of location, history, architecture and garden design. Since the 1950s, the house has been occupied by several Hollywood and Entertainment elites, such as Marilyn Monroe, Joe DiMaggio and John Lennon, John F Kennedy & among others, and is cited frequently in Andy Warhol's infamous diaries. Truly a once in a lifetime opportunity to be the steward of one of the most Private, rare and collectible estates in the world.
Waterfront: Beach, Ocean Access, Water Access, Waterfront
View: Panoramic, Skyline, Other, Water
Parking Information:
Attached Garage: No
Parking: Private, Driveway, No Garage, Off Street
Lot Features
Lot Information:
Lot Size: 3.40 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $18,000,000
Price Per SqFt: $4,470/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3586218
Listing Office:
Office Name: NYONLINEREALTY.COM
Office Phone: (516) 798-3000
Listings courtesy of OneKey MLS as distributed by 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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/23/2024, 6:11:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$89.9K
Per Month
Principal & Interest
$89.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$54K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Amagansett School
320 Main St
Distance between this listing and this school14.78 miles
Public District Grades PK-6
4
/10
John M. Marshall Elementary School
3 Gingerbread Ln
Distance between this listing and this school17.97 miles
Public District Grades PK-5
7
/10
Dunn's Corners Elementary School
8 1/2 Plateau Rd
Distance between this listing and this school20.81 miles
Public District Grades KG-4
Nearby Schools
5
/10
Montauk School
50 S Dorset Dr
Distance between this listing and this school4.53 miles
Public District Grades PK-8
5
/10
Springs School
48 School St
Distance between this listing and this school14.89 miles
Public District Grades PK-8
6
/10
East Hampton Middle School
76 Newtown Ln
Distance between this listing and this school17.53 miles
Public District Grades 6-8
Nearby Schools
7
/10
Fishers Island School
78 Greenwood Rd # 600
Distance between this listing and this school16.07 miles
Public District Grades PK-12
7
/10
Block Island School
Block Island School, High Street
Distance between this listing and this school17.97 miles
Public District Grades KG-12
6
/10
East Hampton High School
2 Long Ln
Distance between this listing and this school17.97 miles
The neighbors living near this home have an average income of $58,152. Most Suffolk County, NY residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 408 Old Montauk
What is the listing price of this property?
The listing price of 408 Old Montauk property is $18,000,000.
What type of property is this?
The property 408 Old Montauk is a house located in Montauk, New York, 11954.
Is this property for sale now?
Active Listing: 408 Old Montauk is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 408 Old Montauk has 3 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 408 Old Montauk is 4,027 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 408 Old Montauk is 1912.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 408 Old Montauk in Montauk, NY and zip code 11954 in the Montauk neighborhood. This 4,027 square foot home, which was built in 1912, sits on a 3.40 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $18,000,000.
In October 2024, from all listings sold in Suffolk County, NY there were more than 615 sold above asking price, over 363 sold below and more than 126 were sold right at the asked price. In October 2024 in Suffolk County, NY there were 3.4% more homes for sale than in September 2024. In October 2024 median list price was $620,969 and the average listing age was 47 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Applebees
Cadillac
Subaru
Oldsmobile
News/Talk/Information
New Country
Classic Country