4 Sheep Pasture Ln, Shelter Island, NY, 11964
About This Home
Set on a gentle rise across 1.8 acres, this Scandinavian-inspired modern overlooks sweeping lawns with water views toward both Gardiners Bay and Coecles Harbor. Approached from a quiet lane, a pebbled circular drive leads to the main entrance, where natural light immediately defines the interior. The entry foyer opens to a sun-filled, open-concept living space. To the right, a step-down living area features a raised fireplace and glass doors that open to a wrap-around entertainment deck. The adjacent kitchen is outfitted with high-end appliances and flows seamlessly into the dining area, creating an easy, cohesive space for everyday living and entertaining. On the opposite side of the foyer, which also offers a comfortable sitting area and powder room, are two generously sized guest bedrooms and a full bath. On the second floor, the primary suite offers panoramic views from a balcony toward the bay, harbor and the Ram Island Causeway. This level also includes a full bath, laundry center, and a fourth bedroom. The grounds offer both privacy and scenery, with a Gunite pool, garden patch, outdoor shower, and a path providing convenient access to a sandy beach and boat landing. A spacious deck serves as a natural gathering place, ideal for summer dining and outdoor entertaining.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Basement: No
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Fireplace: Yes
Interior Area
- Total structure area: 1,832
- Total interior livable area: 1,832 sqft
Property
Details
- Parcel number: 0700003000200048005
Features
- Stories: 2
- Private pool: Yes
- Pool features: Heated
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Lot size: 1.80 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 | $13,576 | $162,912 |
| Home Insurance * | $691 | $8,292 |
| Property Taxes | $1,029 | $12,348 |
| Electricity | $302 | $3,633 |
| Total | $15,598 | $187,176 |
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 |
|---|---|---|
| 2026-02-04 | Listed for sale | $2,895,000 |
| 2020-05-31 | Listing removed | $26,666 |
| 2020-05-13 | Listing removed | $1,875,000 |
| 2020-05-07 | Listed for rent | $26,666 |
| 2020-02-25 | Listed for sale | $1,875,000 |
| 2020-01-19 | Listing removed | $21,666 |
| 2019-11-18 | Listed for rent | $21,666 |
| 2019-09-25 | Listing removed | $21,666 |
| 2019-07-30 | Price change | $21,666 |
| 2019-07-20 | Price change | $30,000 |
| 2019-04-23 | Price change | $23,333 |
| 2019-01-29 | Price change | $15,000 |
| 2018-12-13 | Listed for rent | $20,000 |
| 2018-07-21 | Listing removed | $30,000 |
| 2018-02-07 | Sold | $100,000 |
| 2018-02-07 | Listed for rent | $30,000 |
| 2015-10-26 | Sold | $1,475,000 |
| 2013-05-28 | Sold | $1,370,000 |
| 2005-09-28 | Sold | $1,595,000 |
| 2001-01-18 | Sold | $523,000 |
For Sale by Agent
View on Zillow