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21 Lakeview Dr, Shelter Island, NY, 11964

3beds
2baths
1,502sqft
$1,685,000
$1,122price/sqft
$9,794/moest. monthly cost
$391,760/yrincome needed

About This Home

Light filled turnkey home offering modern comfort and relaxed island living. Cathedral ceilings with floor to ceiling windows provide an abundance of sunlight flooding the open living space with natural light and frame view of lush two-acre property - a perfect setting with space allowing for a pool and pool house. Enjoy evening sunsets on the screened porch and elevated deck. Perfect for entertaining. This home features three bedrooms, two well-appointed bathrooms and a walk out basement. A short stroll takes you to Wades Beach, Fresh Pond and Mashomack Preserve.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

6/10
Shelter Island SchoolGrades PK-120.8 mi

Construction

Condition

  • Year built: 2005

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,502
  • Total interior livable area: 1,502 sqft

Property

Details

  • Parcel number: 0700019000200067001

Features

  • Stories: 2

Lot

  • Lot size: 2.25 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
    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 $8,520$102,240
Home Insurance *$433$5,196
Property Taxes $593$7,116
Electricity $248$2,978
Total$9,794$117,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$335,794/yr
40% on housing$293,820/yr
45% on housing$261,173/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

$1,122This listing

vs Other Active Listings

Avg $/sqft

ZIP 11964$1,527
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
2026-05-12Price change$1,685,000
2025-09-05Listed for sale$1,789,000
2025-09-04Listing removed--
2025-09-02Listed for sale$1,789,000
2004-01-08Sold$220,000

For Sale by Agent

AgentJon Westervelt - Real Estate Sales Person
BrokerageCorcoran Group

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