2 Gibb Lane Islip, NY $ 775,000
2 Gibb Lane
$ 775,000
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2 Gibb Lane

Islip, NY, 11751
$ 775,000
Bedrooms3 Baths2.0 Sq 2,127

Monthly Estimate*

$ 4,893

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Single Family Home for sale in Islip, NY

for $775,000 with 3 bedrooms and 2 full baths. This 2,127 square foot home was built in 1960 on a lot size of 0.61.

A rare opportunity to create a custom waterfront retreat at 2 Gibb Lane. Set along the water with an existing bulkhead and water access ramp, this exceptional property is being offered primarily for its land value and presents an exciting opportunity to renovate, rebuild, or create something entirely new. The existing residence has sustained significant fire damage and is not currently habitable. Ideal for an end user, builder, or investor looking to capitalize on the property’s waterfront setting and future potential. Set in a waterfront area of Islip, the property offers convenient access to boating and water recreation, local marinas and beaches, as well as Islip’s Main Street dining and shopping, LIRR transportation, and access to Fire Island. A unique opportunity to create a waterfront home and enjoy all that Long Island’s South Shore has to offer. Property is being sold strictly as-is. Cash or qualified renovation/rehab financing only. Buyers are responsible for conducting their own due diligence regarding renovation, rebuilding, permits, bulkhead condition, and future use. DO NOT ENTER, WALK, OR ACCESS THE PROPERTY WITHOUT PRIOR PERMISSION

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Single Family Active

Price

$ 775,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 22,447

Style

Ranch

Lot Size

0.61

Year Built

1960

Town/City

Islip

County/Region

Suffolk

MLS | Web ID

1048979

Features
Interior
Interior Amenities Other
Basement See Remarks
Basement Features See Remarks
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 3
Total Baths 2
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General
Sewer Septic Tank
Heating Oil Other
Cooling None
Utilities Electricity Available Water Available
Appliances None
Garage Spaces 2
Architectural Style Ranch
Construction Materials Aluminum Siding Brick
Year Built 1960
Property Subtype Single Family Residence
Tax Year 2026
Parcel Number 0500-422-00-01-00-008-000
Waterfront Features Bulkhead Canal Access Water Access Waterfront
County Suffolk County
Property Type Residential
HOA N
Garage Y/N Y
Total Rooms 8
Full Baths 2
Directions Montauk Highway to Ocean Avenue South then turn onto Gibb Lane.
High School Islip High School
City Islip
Senior Community Y/N N
High School District Islip
Carport Y/N N
Elementary School Wing Elementary School
Property Attached Y/N N
Tax Annual Amount 22447
Middle/Junior High School Islip Middle School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Islip
Elementary School District Islip
Tax Assessed Value 64300
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Exterior
Parking Features Driveway Garage Driveway Garage
Water Source Public
Building Area Total 2760
Waterfront Y/N Y
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Erin E. Fleischmann SRES

Listing Agent

Douglas Elliman Real Estate

Broker

516-307-9406

Contact

Affordability Calculator

$6,764
Per Month
72%
28%
0%
Monthly Principal & Interest
$4,893
Monthly Property Taxes
$1,871
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
4099187 Elementary School
4101461 Middle School
Islip High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$775,000 Listed Price

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2 Gibb Lane, Islip, NY, 11751 is a Single Family Home for sale at $775,000 with 2,127 sqft and a lot size of 0.61. 2 Gibb Lane has 3 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 11751 which is in Islip, NY