Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

17 Crescent Way, Shelter Island Heights, NY, 11965

3beds
4baths
2,750sqft
$1,875,000
$682price/sqft
$11,529/moest. monthly cost
$461,160/yrincome needed

About This Home

Located within close proximity to five sandy beach areas, this cheery, sun-filled contemporary sited on .87 acres is turn-key. The foyer steps down to the living room which flows easily to an open floor plan to the rear of the home overlooking the outdoor entertainment deck and which features dining and a kitchen with Scandinavian cabinets seating and prep island. The hall leads to a powder room and first floor primary en-suite bedroom. The second floor has two generously proportioned bedrooms and full bath in the hallway. The lower level is outfitted with recreation and lounge area. The grounds are lush with established plantings and a custom designed pool with a spa-like outdoor shower. There is an attached two car garage for the car lover in the household! Five beaches are within close proximity.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Shelter Island SchoolGrades PK-122.3 mi

Construction

Condition

  • Year built: 1990

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

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

Cooling

  • Cooling features: Central Air

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 2,750
  • Total interior livable area: 2,750 sqft

Property

Details

  • Parcel number: 0700001000100072000

Features

  • Stories: 2
  • Private pool: Yes

Lot

  • Lot size: 0.87 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 $9,481$113,772
Home Insurance *$886$10,632
Property Taxes $708$8,496
Electricity $454$5,453
Total$11,529$138,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$395,280/yr
40% on housing$345,870/yr
45% on housing$307,440/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

$682This listing

vs Other Active Listings

Avg $/sqft

ZIP 11965$965
Suffolk County$724

vs Homes Sold Last Month

Median $/sqft

ZIP 11965$663
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
2025-04-24Price change$1,975,000
2024-06-22Price change$2,175,000
2023-10-30Price change$2,475,000
2023-07-24Listed for sale$2,575,000
2021-09-06Listing removed--
2021-05-03Listed for rent$55,000
2021-03-24Listing removed--
2016-08-03Sold$875,000
2008-02-12Listing removed$995,000
2007-11-13Price change$995,000
2007-08-21Listed for sale$1,025,000
1993-09-15Sold$163,000

For Sale by Agent

AgentPenelope Moore - Associate Real Estate Broker
BrokerageSaunders & Associates

Similar Homes