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5 N Menantic Rd, Shelter Island, NY, 11964

5beds
5baths
3,157sqft
$4,950,000
$1,568price/sqft
$28,735/moest. monthly cost
$1,149,400/yrincome needed

About This Home

Set on 2.94 waterfront acres overlooking West Neck Creek, this 1860 Italianate stands with the quiet assurance of a home that has been well kept and thoughtfully expanded over time. Affectionately named "The Other Havens' House", it was built by the Havens family from wood brought by rail and barge from their lumberyard which was located on The East River in Manhattan, where the United Nations Building is today. From its slightly elevated position, lawns slope gently toward the water, framed by fruit trees and open sky. A long drive, marked by a traditional lantern, leads to the formal double-door entry. Inside, wide-plank pine floors speak to the home's early craftsmanship. The living room retains its original moldings, tall two-over-two windows, and a marble fireplace with summer cover. Beyond, the formal dining room mirrors these distinctive details and looks out toward the water. The kitchen is practical and well placed, with pantry storage and direct access to the outdoor entertaining areas. A first-floor parlor with full bathroom sits just off the foyer. Upstairs are four guest bedrooms, two of which have water views, a powder room, and a full hall bath. In the 1980's, a primary suite wing was seamlessly added, with careful attention to scale and proportion. Reached by a separate hallway with its own exterior entrance and independently heated, with access to lower level two car garage, the suite includes a sitting room with French doors to the grounds, a spacious bedroom, full bath, dressing area, walk-in closet, and office. Outdoors, a covered porch and deck with an electric awning overlook the 20 x 40 Gunite pool with bluestone surround/patio, positioned for captivating western sunsets, with outdoor shower close by. The 58 foot long, 4 foot wide fixed dock on protected West Neck Creek, with permits for two floating platforms, provides easy access to the harbor. A waterfront home of substance and history, shaped by time and oriented to the water.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
Shelter Island SchoolGrades PK-120.8 mi

Construction

Condition

  • Year built: 1860

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 3,157
  • Total interior livable area: 3,157 sqft

Property

Details

  • Parcel number: 0700018000200022000

Features

  • Stories: 2
  • Private pool: Yes
  • 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: 2.94 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 $25,029$300,348
Home Insurance *$1,274$15,288
Property Taxes $1,911$22,932
Electricity $521$6,260
Total$28,735$344,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$985,200/yr
40% on housing$862,050/yr
45% on housing$766,266/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

$1,568This listing

vs Other Active Listings

Avg $/sqft

ZIP 11964$1,516
Suffolk County$723

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
2025-10-03Price change$5,150,000
2025-08-05Price change$5,950,000
2025-07-02Listed for sale$6,750,000
2022-07-20Listing removed--
2022-06-14Listed for rent$55,000
2017-10-05Listing removed$15,000
2017-06-19Price change$15,000
2017-04-13Listed for rent$10,000
2015-12-08Listing removed$10,000
2015-06-11Listed for rent$10,000
2009-06-21Listing removed$3,900,000
2009-01-09Price change$3,900,000
2008-12-29Listed for sale$3,999,000
2003-09-04Sold$2,000,000

For Sale by Agent

AgentPenelope Moore - Associate Real Estate Broker
BrokerageSaunders & Associates

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