5 Ocean View Ter, Montauk, NY, 11954
About This Home
Discover a timeless beachfront retreat with 90 feet of direct ocean access, nestled among the dunes in the highly sought-after Montauk locale. Just moments away from town shops, dining, and conveniences, this residence also enjoys proximity to the upscale Marram hotel, offering on-site dining. Discreetly set back from the road, this home effortlessly harmonizes the allure of oceanfront living with utmost seclusion and ease. The interior unfolds with a generously spacious living room, complete with a fireplace and expansive double sliding doors that frame the pool and ocean vista beyond. The main level offers an inviting eat-in kitchen adorned with new appliances. This level accommodates two guest bedrooms that share a full bathroom, a guest suite with its own private bath, and a primary suite that presents captivating water views, a private bath, walk-in closet, and a sitting area that opens to the pool deck through sliders. Upstairs, an additional bedroom/living area adorned with a wet bar and half bathroom awaits, offering versatile space to unwind. For unparalleled experiences, ascend to the private rooftop terrace – a serene haven for observing whales, checking the surf, or simply savoring the salty air. Promising potential, the full basement stands ready for your vision, with an open room and full bathroom, as well as a walkout that grants direct beach access. An attached two-car garage, ocean side hot tub, and a private bluff-side staircase further enrich the coastal lifestyle. Recent enhancements to the home comprise a new roof, updated HVAC system, fresh garage doors, modern appliances, and upgraded pool heating and pump systems. This exceptional oceanfront treasure presents a rare opportunity to own in a great Montauk location minutes to all.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1968
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace: Yes
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Details
- Parcel number: 0300051000400002000
Features
- Stories: 2
- Private pool: Yes
- Pool features: Heated
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront
- Frontage type: Waterfront
Lot
- Lot size: 1 Acres
Parking
- Parking features: GarageDetached
- Has garage: Yes
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
- 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 | $63,181 | $758,172 |
| Home Insurance * | $4,255 | $51,060 |
| Property Taxes | $16,868 | $202,416 |
| Electricity | $495 | $5,949 |
| Total | $84,799 | $1,017,588 |
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 |
|---|---|---|
| 2025-05-15 | Price change | $12,950,000 |
| 2025-02-06 | Listing removed | $65,000 |
| 2025-02-06 | Listed for sale | $13,950,000 |
| 2025-01-16 | Listed for rent | $65,000 |
| 2025-01-16 | Listing removed | $100,000 |
| 2024-12-31 | Listed for rent | $100,000 |
| 2024-11-06 | Listing removed | $45,000 |
| 2024-10-02 | Listed for rent | $45,000 |
| 2024-10-02 | Listing removed | $14,900,000 |
| 2024-03-14 | Listing removed | -- |
| 2024-03-14 | Listed for sale | $14,900,000 |
| 2024-03-01 | Price change | $40,000 |
| 2024-02-19 | Listing removed | $16,950,000 |
| 2024-02-19 | Listed for rent | $35,000 |
| 2023-09-30 | Price change | $16,950,000 |
| 2023-08-16 | Listing removed | -- |
| 2023-08-16 | Listed for sale | $17,950,000 |
| 2023-06-01 | Price change | $95,000 |
| 2023-05-01 | Price change | $75,000 |
| 2023-04-01 | Price change | $45,000 |
| 2023-03-02 | Price change | $40,000 |
| 2022-12-07 | Listed for rent | $35,000 |
| 2022-11-25 | Listing removed | -- |
| 2018-10-23 | Sold | $5,000,000 |
| 1993-12-16 | Sold | $665,000 |
For Sale by Agent
View on Zillow