11 Freds Ln, Shelter Island, NY, 11964
About This Home
Set on an inlet off West Neck Creek on the Menantic Peninsula, this 5-bedroom, 4.5-bath contemporary home captures the essence of easy Hamptons summer living, with sun-filled interiors and seamless indoor-outdoor flow. The open floor plan features vaulted ceilings and walls of glass in the dining and living areas, anchored by a striking floor-to-ceiling stone fireplace. The adjacent kitchen is designed for gathering, with stainless steel appliances and a welcoming breakfast bar. A comfortable den sits nearby, and all main living spaces are filled with natural light and water views. A first-floor bedroom and full bath offer added convenience and flexibility for guests.Upstairs, the primary suite offers a peaceful retreat with a spa-like bath and private waterside balcony—perfect for morning coffee or sunset unwinding. Two additional bedrooms, a full bath, and a cozy office provide flexible space for guests or remote work. The finished lower level includes an extra bedroom, bath, playroom, and gym.Just beyond, an expansive deck extends the living space outdoors—complete with a heated gunite pool. The pool area overlooks the water, with generous space for al fresco dining and sun-drenched lounging—an idyllic setting for long summer days and easy evenings by the water. Ideal for summer on the water, the property's waterfront is perfect for kayaking or launching small boats, all just moments from island beaches and the Island Boatyard Marina. Equipped with solar—and ready for the addition of an electric vehicle charger—the home blends laid-back luxury with modern, sustainable living.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2016
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace: Yes
Interior Area
- Total structure area: 4,254
- Total interior livable area: 4,254 sqft
Property
Details
- Parcel number: 0700018000200053000
Features
- Stories: 2
- Private pool: Yes
- Pool features: Heated
- Has spa: Yes
- Spa features: Heated
Lot
- Lot size: 0.92 Acres
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Suffolk County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,180 | $194,160 |
| Home Insurance * | $823 | $9,876 |
| Property Taxes | $1,215 | $14,580 |
| Electricity | $703 | $8,436 |
| Total | $18,921 | $227,052 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Listed for sale | $3,495,000 |
| 2023-09-20 | Listing removed | -- |
| 2023-08-28 | Listed for rent | $90,000 |
| 2020-01-28 | Listing removed | $35,000 |
| 2019-11-18 | Listed for rent | $35,000 |
| 2019-09-25 | Listing removed | $20,000 |
| 2019-07-20 | Price change | $20,000 |
| 2019-04-23 | Price change | $25,000 |
| 2019-01-22 | Price change | $20,000 |
| 2018-12-20 | Listed for rent | $18,000 |
| 2018-09-22 | Listing removed | $6,500 |
| 2018-07-22 | Price change | $6,500 |
| 2018-01-06 | Listed for rent | $25,000 |
| 2017-04-17 | Listing removed | $1,575,000 |
| 2017-03-01 | Pending sale | $1,575,000 |
| 2017-03-01 | Listed for sale | $1,575,000 |
| 2016-05-25 | Sold | $532,000 |
| 1999-02-25 | Sold | $106,000 |
For Sale by Agent
View on Zillow