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40 Wakefield Rd, Staten Island, NY, 10312

5beds
7baths
7,300sqft
$5,500,000
$753price/sqft
$34,614/moest. monthly cost
$1,384,560/yrincome needed

About This Home

Beyond a private gated entrance and sweeping drive, this extraordinary Mediterranean waterfront villa rises with quiet grandeur an estate defined by scale, artistry, and uncompromising detail. Crowned with a classic Spanish tile roof and overlooking open water, the residence immediately commands presence, leading into a dramatic foyer with soaring ceilings exceeding 24 feet, where marble surfaces reflect light from above and a statement staircase ascends as both structure and sculpture. Every inch of the home is a testament to craftsmanship, from hand-finished walls and curated architectural detailing to gallery-like spaces designed to showcase fine art. Intricate woodwork, a custom marble fireplace, and thoughtfully placed design elements highlight a level of construction rarely achieved, where every finish has been deliberately chosen. Arched passageways guide you through expansive living spaces where marble and tile flow seamlessly, while oversized windows frame uninterrupted water views, creating a constant backdrop of light and serenity. The kitchen, both refined and functional, is complemented by a fully appointed butler's pantry, ideal for effortless entertaining, while multiple architecturally distinct balconies offer elevated vantage points reminiscent of a private European retreat. An elevator connects every level, blending convenience with indulgence, including three separate laundry rooms, and the fully realized lower level reveals rich imported woodwork surrounding a private theater, custom wine cellar, and elegant wet bar designed for memorable evenings. Outdoors, the estate unfolds with equal intention, featuring a resort-style pool that mirrors the sky and a graceful stone pathway leading to the water's edge, while the home's elevated positioning offers a commanding yet tranquil perspective—an environment where every moment feels like an escape, and where architecture, craftsmanship, and setting come together to create something truly unforgettable

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

8/10
Ps 55 Henry M BoehmGrades PK-50.6 mi
8/10
Is 7 Elias BernsteinGrades 6-81.7 mi
7/10
Tottenville High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 2010

Materials

  • Construction materials: Stone,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 4
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Walk-In Closet(s),Fireplace,Wet Bar
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 7,300
  • Total interior livable area: 7,300 sqft

Property

Details

  • Parcel number: 541823
  • Zoning: R1-2

Features

  • Stories: 2
  • Pool features: In Ground
  • Exterior features: Gas Grill,Outdoor Grill,Balcony,Sprinkler System

Lot

  • Lot size: 1.27 Acres
  • Lot size dimensions: 100 x 410

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Driveway,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
Tsunami

FEMA Declared Disasters in Richmond County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
Mortgage $27,810$333,720
Home Insurance *$1,565$18,780
Property Taxes $4,033$48,396
Electricity $1,206$14,476
Total$34,614$415,368
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,186,765/yr
40% on housing$1,038,420/yr
45% on housing$923,040/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 2.9%
2.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$753This listing

vs Other Active Listings

Avg $/sqft

ZIP 10312$435
Richmond County$433

vs Homes Sold Last Month

Median $/sqft

ZIP 10312$437
Richmond County$449

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

DateEventPrice
2026-04-06Listed for sale$5,950,000
2025-12-02Listing removed$5,950,000
2025-10-28Listed for sale$5,950,000
2025-10-28Pending sale$5,950,000
2025-06-09Listed for sale$5,950,000
2022-08-12Sold$4,850,000
2021-01-20Listing removed--
2020-09-23Price change$5,999,000
2020-08-03Price change$6,499,000
2020-07-02Listed for sale$6,500,000
2020-04-02Listing removed$6,500,000
2020-03-17Listed for sale$6,500,000
2020-02-01Listing removed$6,500,000
2019-08-08Listed for sale$6,500,000
2008-07-25Sold$2,500,000
2008-03-20Price change$2,800,000
2008-02-15Listed for sale$3,000,000

For Sale by Agent

AgentJillian Abbadessa
BrokerageKeller Williams Realty Staten Island

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