5 Osprey Lane Shelter Island, NY $ 1,850,000
5 Osprey Lane
$ 1,850,000
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5 Osprey Lane

Shelter Island, NY, 11964
$ 1,850,000
Bedrooms4 Baths4.1 Sq 1,608

Monthly Estimate*

$ 11,681

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Single Family Home for sale in Shelter Island, NY

for $1,850,000 with 4 bedrooms and 4 full baths, 1 half bath. This 1,608 square foot home was built in 1974 on a lot size of 0.75.

Private Retreat with Separate Studio & Pool Potential Tucked away on Shelter Island's coveted southern peninsula, 5 Osprey Lane offers a rare combination of privacy, flexibility, and natural beauty within the sought-after Shorewood Farm enclave. Set on approximately 0.78 acres of beautifully landscaped grounds with room to add a pool, the property is designed for relaxed island living and effortless entertaining. Surrounded by the waters of Peconic Bay, Shorewood Farm is known for its exceptional waterfront setting and outdoor lifestyle. Residents enjoy access to a private association beach, community tennis courts, nearby boat launches at Wade's Beach, and convenient proximity to the South Ferry. Just moments away, the protected 2,350-acre Mashomack Preserve offers miles of scenic trails, tidal creeks, and old-growth forest, preserving the area's natural beauty for generations to come. The approximately 1,750-square-foot main residence features three bedrooms, two-and-a-half baths, a flexible bonus room, and a separate laundry room. Thoughtfully updated, the home is highlighted by a renovated kitchen and an inviting primary suite, blending modern comfort with timeless Shelter Island charm. Complementing the main house is a separate one-bedroom triplex studio offering approximately 1,390 square feet of additional living space. With multiple levels of wraparound decking overlooking the surrounding landscape, the studio provides exceptional versatility and privacy, making it ideal as a guest house, home office, artist's studio, or wellness retreat. Mature plantings and thoughtfully designed outdoor living spaces create a seamless connection between the homes and their natural surroundings. A wraparound bluestone patio anchors the outdoor setting, while the generous grounds provide ample opportunity for future enhancements, including the addition of a pool. Offering two distinct structures, exceptional privacy, and access to one of Shelter Island's most desirable waterfront communities, 5 Osprey Lane presents a unique opportunity to create a lasting island retreat.

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Single Family Active

Price

$ 1,850,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 5,683

Style

Colonial

Lot Size

0.75

Year Built

1974

Town/City

Shelter Island

County/Region

Suffolk

MLS | Web ID

1023936

Features
Interior
Interior Amenities First Floor Bedroom Formal Dining Washer/Dryer Hookup
Basement Crawl Space
Basement Features Crawl Space
Basement (Y/N) Y
Half Baths 1
Total Bedrooms 4
Total Baths 5
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General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities None
Appliances Dishwasher Dryer Freezer Oven Range Refrigerator Washer
Architectural Style Colonial
Construction Materials Other
Year Built 1974
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 0700-023-00-02-00-068-001
County Suffolk County
Property Type Residential
HOA N
Garage Y/N N
Total Rooms 6
Full Baths 4
High School Shelter Island School
City Shelter Island
Senior Community Y/N N
High School District Shelter Island
Carport Y/N N
Elementary School Shelter Island School
Property Attached Y/N N
Tax Annual Amount 5683
Middle/Junior High School Shelter Island School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Shelter Island
Elementary School District Shelter Island
Tax Assessed Value 850000
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Exterior
Parking Features Other Other
Water Source Private
Foundation Details Other
Building Area Total 1608
Waterfront Y/N N
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Internal Only
Street Number 1 5
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* Excluded Features
List By
Justin P. Stolarczyk

Listing Agent

Brown Harris Stevens Hamptons

Broker

631-537-2727

Contact

Affordability Calculator

$12,155
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,681
Monthly Property Taxes
$474
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5168583 Elementary School
4100598 Middle School
Shelter Island School High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2026$1,850,000 Listed Price

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5 Osprey Lane, Shelter Island, NY, 11964 is a Single Family Home for sale at $1,850,000 with 1,608 sqft and a lot size of 0.75. 5 Osprey Lane has 4 bedrooms, 4.1 baths, and was built in 1974. The property's zip code is 11964 which is in Shelter Island, NY