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171 N Ferry Rd #J/g, Shelter Island, NY, 11964

4beds
5baths
3,000sqft
$2,595,000
$865price/sqft
$17,787/moest. monthly cost
$711,480/yrincome needed

About This Home

This Water View Designer-built contemporary home with separate water front lot on beautiful Chase Creek is conveniently located near Shelter Island Heights restaurants, marina, shops, tennis and ferry. Sited on an elevated parcel, and beautifully realized with open plan, vaulted ceilings, and clerestory windows that afford great sunset light, and serene water views. The welcoming waterside entry, from a wide covered wrap porch, opens to a foyer and hall leading to the lovely two story living room with fireplace, dining area, and open professional grade kitchen with Viking and Bosch appliances, prep sink, wet bar, fir counters, and big pantry closet. The home is accented with blonde maple wood, handcrafted finishes and is wired for sound and central vacuum. Also on this level are 2 lovely ensuite bedrooms, a cozy and inviting family-room with French doors, laundry area and spacious porch with mahogany deck, wainscoting, and fans for comfortable outdoor eating and dining. The second floor has a primary bedroom suite with private bath, office area with two separate desk spaces that overlook the living room below, a seating area, and a South facing balcony deck. The lower level provides garage space for two cars, spacious storage and a big, comfortable finished area with two rooms, a bath, wet bar, and washer dryer. With tiled floors, window walls and separate entrances, this area can be tailored to your desire as a guest suite with bedroom, bath and media room , playroom, music room, gym, library or office. Just minutes from Bridge Street and the Heights yet sited on a private road overlooking the Creek which is beautiful in all seasons. This is a very special, handsome one of a kind home.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

8/10
Shelter Island SchoolGrades PK-121.7 mi

Construction

Condition

  • Year built: 2000

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

Features

  • Stories: 2
  • 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: GarageAttached
  • 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

  • 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 $13,121$157,452
Home Insurance *$668$8,016
Property Taxes $3,503$42,036
Electricity $495$5,949
Total$17,787$213,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$609,840/yr
40% on housing$533,610/yr
45% on housing$474,320/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

$865This listing

vs Other Active Listings

Avg $/sqft

ZIP 11964$1,533
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)

Price History

DateEventPrice
2026-08-01Listed for sale$2,595,000

For Sale by Agent

AgentGina Surerus - Associate Real Estate Broker
BrokerageCorcoran Group

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