Sold
Last Sold Price
8,000 sqft
478 W Lake Dr, Montauk, NY 11954
Single FamilyProperty Type
1.16 acresLot Size
1978Year Built
$638/sq ftPrice per sq ft

Description

A premier commercial waterfront property located in the heart of Montauk harbor is comprised of 5 separate buildings and 3 dock spaces. Buildings 1 & 2 are 2600+/- sf each (1300 sf each floor) with 4 separate rental units and harbor views from each unit. Building 3 is 1200+/- sf with a covered porch and outdoor seating area. Building 4 is a 2500+/- sf fishpacking facility, and building 5 is an ice house/cold storage. The property is zoned commercial waterfront which offers multiple uses. Situated...A premier commercial waterfront property located in the heart of Montauk harbor is comprised of 5 separate buildings and 3 dock spaces. Buildings 1 & 2 are 2600+/- sf each (1300 sf each floor) with 4 separate rental units and harbor views from each unit. Building 3 is 1200+/- sf with a covered porch and outdoor seating area. Building 4 is a 2500+/- sf fishpacking facility, and building 5 is an ice house/cold storage. The property is zoned commercial waterfront which offers multiple uses. Situated on 1.16 acres with ample parking and heavy foot traffic, this is a unique opportunity in a great waterfront location with many possibilities.

Listing Agent

  1. Chris Coleman

    Chris Coleman

    Listing Agent

    Compass

    P: (516) 445-1513

    M: (631) 668-2000

Listing closed: 09/06/2025 02:48 PM • Source: EELIMLS, MLS#: 902123

Recent comparable sales

Median sold price

$4,525,000

Avg days on market

421

Sale-to-list ratio

75.9%

Montauk, NY

9 comparable properties found

$5,100,000 | 478 West West Lake Drive, Montauk, NY 11954
1/11
1

$5,100,000

Sold 09/05/25

1
Bedrooms
8,000
Square Feet
1.16
Acres
2

$6,000,000

Sold 07/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.63
Acres
3

$3,950,000

Sold 03/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
$3,500,000 | 112 Soundview Drive, Montauk, NY 11954
4

$3,500,000

Sold 07/10/26

4
Bedrooms
2,100
Square Feet
0.42
Acres
$5,470,000 | 24 Lakeside Court, Montauk, NY 11954
1/28
5

$5,470,000

Sold 11/14/25

4
Bedrooms
3,572
Square Feet
1.06
Acres
a sign that is sitting in the grass next to a road
1/24
6

$4,750,000

Sold 11/09/24

5
Bedrooms
3,500
Square Feet
0.97
Acres
an aerial view of ocean
1/30
7

$6,100,000

Sold 12/17/24

4
Bedrooms
3,500
Square Feet
0.92
Acres
8

$946,207

Sold 10/21/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.54
Acres
9

$1,750,000

Sold 07/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres

Location

Sold By Compass

Add your commute

Payment Calculator

$28,646 per month

30 year fixed, 6.71% Interest

Principal and Interest

$26,354

Property Taxes

$2,292

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 478 West Lake Drive

Property Details
  • Taxes: $27,500 / year
  • MLS Type: Residential
  • Compensation Remarks: 5% buyer's broker compensation
  • Apartment Type: 0
  • Garage Type: 0
  • Attached Parking: 0
  • Has Central AC: Yes
  • Waterfront Property: Yes
Building Information
  • Stories: 2
  • Year Built: 1978
  • Lot Size: 1.16 AC
Summary
Location and General Information
  • Latitude: 41.074209
  • Longitude: -71.938513
  • Property Township: East Hampton
  • Property Zone Type: 0
  • Body of Water Name: Montauk Harbor/Lake Montauk
  • View Bay: Yes
  • View Harbor: Yes
  • View Water: Yes
  • Waterfront Bay: Yes
  • Waterfront Dock: Yes
  • Waterfront Harbor: Yes
  • Hamlet ID: 112
Taxes and HOA Information
  • Tax Year: 0
  • Percentage of Tax that is Deductable: 0.0
  • Parcel ID: 0300-006.000-03.00-006.000
Property
Lot Information
  • Land Frontage in Feet: 0.0
Property and Assessments
  • Residential Style: 0
  • Renovation Comments: Two larger buildings renovated
  • Renovation Year: 2020
  • Construction Type: 0
  • Commercial Type: 0
Utilities
  • Sewer Type: 0
  • Water Source Type: 0
Interior and Exterior Features
Exterior Features
  • Exterior Deck: Yes
  • Exterior Patio: Yes
  • Siding Cedar Shake: Yes
  • Attic Type: 0
Interior Features
  • Basement Area Square Footage: 0.0
  • Basement Type: 0
  • Heat Fuel Electric: Yes
  • Heat Type Forced Air: Yes
  • Interior Amps: 0
  • Kitchen Counter Type: 0
  • Kitchen Type: 0
  • Number of Fireplaces: 0.0
  • Number of Garage Spaces: 0.0
  • Number of Lots: 0.0
  • Number of Rooms: 0.0
  • Number of Stories: 2.0
  • Number of Units: 0.0

Public Records for 478 West Lake Drive

Taxable ValueLand$7,750Additions$13,400Total$21,150
Tax Record2024$24,335 ($2,028 / month)
Home Facts
Lot Size50,530 SqFtStyleTransportationCountySUFFOLKAPN0300-006.00-03.00-006.000

Schools near 478 West Lake Drive

This home is within Montauk Union Free School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Montauk School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Montauk
Montauk
A tried-and-true beach town, fishing village, and surfer’s paradise, permeated by laid-back vibes. Where the siren song of the ocean has the strongest pull of all.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 478 West Lake Drive, Montauk, NY 11954
$5,100,000
8,000
50,529
$5,100,000
1
8,000
50,529
4,356
8,712
25,700
$5,763,978
95,832

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY