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9 Locust Woods Drive, Shelter Island, NY, 11964

4beds
4baths
3,856sqft
$3,499,000
$907price/sqft
$20,554/moest. monthly cost
$822,160/yrincome needed

About This Home

Welcome to Shelter Island — a place where time slows down and nature takes center stage. Accessible only by ferry, this rare island community offers a level of peace, privacy, and authenticity that is nearly impossible to find in today’s world. Set on over 2 acres of beautifully engineered rolling landscape, this property has been thoughtfully designed to enhance natural beauty while addressing elevation and drainage for long-term peace of mind. Bordering the historic Sylvester Manor, the property enjoys direct proximity to preserved land, scenic walking trails, and a setting rich in history and natural beauty—ensuring both privacy and a protected backdrop that will remain timeless. Surrounded by open skies, coastal breezes, and abundant wildlife, this is a setting where mornings begin with birdsong and evenings end under starlit skies. Enjoy biking along quiet roads, swimming in nearby freshwater lakes, boating, fishing, or simply relaxing with a book as the day slips away. Unlike the increasingly crowded Hamptons, Shelter Island preserves the essence of what made the East End special—unspoiled, understated, and deeply connected to nature. With limited inventory and growing demand, opportunities like this are increasingly rare. Whether as a private retreat, legacy property, or long-term investment, this offering represents more than real estate—it’s a lifestyle

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

6/10
Shelter Island SchoolGrades PK-121.0 mi

Construction

Condition

  • Year built: 2003

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Convection Oven,Cooktop,Dishwasher,Dryer,Exhaust Fan,Freezer,Gas Cooktop,Gas Range,Microwave,Oven,Refrigerator,Stainless Steel Appliance(s),Washer

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom3

  • Level: Other

Bedroom1

  • Level: First

Bedroom2

  • Level: Other

Bedroom4

  • Level: Other

Bedrooms & Bathrooms

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

Features

  • First Floor Bedroom,First Floor Full Bath,Chefs Kitchen
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Wood Burning
  • Fireplace: Yes
  • Attic: Full

Heating & Cooling

  • Heating features: Oil
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,856
  • Total interior livable area: 3,856 sqft

Property

Details

  • Parcel number: 0700008000200001010
  • Special condition: None

Lot

  • Lot size: 2.20 Acres

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 $17,692$212,304
Home Insurance *$900$10,800
Property Taxes $1,325$15,900
Electricity $637$7,646
Total$20,554$246,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$704,708/yr
40% on housing$616,620/yr
45% on housing$548,106/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

$907This listing

vs Other Active Listings

Avg $/sqft

ZIP 11964$1,532
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
2026-04-17Listed for sale$3,499,000
2025-09-23Sold$1,200,000
2003-02-11Sold$265,000
1999-03-10Sold$87,500
1996-06-11Sold$76,500

For Sale by Agent

AgentRon Moschetta
BrokerageKeller Williams Realty Greater

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