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7 Fox Hollow Rd, Shelter Island, NY, 11964

3beds
3baths
3,038sqft
$1,750,000
$576price/sqft
$12,162/moest. monthly cost
$486,480/yrincome needed

About This Home

Tucked on a quiet lane with views of preserved forest and a native lowland glade, this three-story contemporary home was cleverly designed with thought to its hillside setting and natural light. Its clean lines and layout take inspiration from the modernist tradition-most notably, from architect Leonard Parker's summer home in Minnetonka, Minnesota. Parker, a collaborator in Eero Saarinen's studio and project architect for the Gateway Arch in St. Louis, brought a graceful balance of form and function to his work, echoed here in the home's serene geometry and open interiors. The entry is marked by stained glass panels that catch the sun, like paintings, their soft color mirrored in the stairwell's pendant lighting. Inside, the living room rises with double-height ceilings and a Scandinavian wood-burning stove placed in the corner where two windowed walls meet, bringing in the landscape from every angle. Cherry flooring grounds the open plan, which includes dining and a galley-style kitchen, leading to a cheerful breakfast nook. Doors open to a wraparound veranda, an easy extension of the living space into the open air. The main level also features a spacious en-suite bedroom with an updated bath, a dressing area, and its own access to the veranda. Above, a loft-style library and media room overlooks the living space below. The lower level, situated at grade, includes two guest rooms, a full bath, laundry area, and a second veranda, along with a two-car garage. Located near South Ferry, Wades Beach, and a nearby nature preserve, this home offers a peaceful setting with architectural roots in one of America's most storied design lineages-a place to slow the pace and settle into the rhythms of the landscape. Property taxes per annum as of 2025 are $8,310.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

8/10
Shelter Island SchoolGrades PK-120.9 mi

Construction

Condition

  • Year built: 1991

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 3,038
  • Total interior livable area: 3,038 sqft

Property

Features

  • Stories: 2

Lot

  • Lot size: 1.20 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
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Suffolk County and New York

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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 $8,848$106,176
Home Insurance *$450$5,400
Property Taxes $2,362$28,344
Electricity $502$6,024
Total$12,162$145,944
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$416,982/yr
40% on housing$364,860/yr
45% on housing$324,320/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: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$576This listing

vs Other Active Listings

Avg $/sqft

ZIP 11964$1,540
Suffolk County$724

vs Homes Sold Last Month

Median $/sqft

ZIP 11964$1,656
Suffolk County$412

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)

No zestimate history available

Price History

DateEventPrice
2026-06-25Price change$1,750,000
2025-06-23Listed for sale$1,875,000

For Sale by Agent

AgentPenelope Moore - Associate Real Estate Broker
BrokerageSaunders & Associates

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