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$799,000 Sale Pending
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Property Description
Timeless Victorian Charm Meets Exceptional Space & Location Set on a quarter acre in coveted Freeport Estates, this stately Victorian delivers historic character, generous proportions, and everyday convenience on a beautiful tree lined street. Soaring ceilings, oversized windows, and a wood-burning fireplace create warmth and elegance throughout, while four bedrooms, two full baths, and a full basement with private walk out offer flexible living for today's needs. A walk-up third floor with cathedral ceilings reveals a massive attic, ideal for a future primary suite, office, studio, or expansion. Multiple entrances enhance flow and functionality, perfect for entertaining or multi purpose living. Outside, a grand wraparound porch sets the tone. A brand-new paver walkway leads to a deep 140 foot lot with a long driveway accommodating 4 ton6 vehicles and a carriage style garage set well back on the property. The fully fenced backyard offers rare privacy and endless potential for a pool, cabana, outdoor kitchen, or garden retreat. Ideally located near the Long Island Rail Road at Freeport Station, and just minutes from the vibrant Nautical Mile, with shops, dining, schools, and village amenities close by. A rare blend of character, space, and opportunity. This is a true Victorian gem ready for its next chapter.
Full Property Details
Full Property Details for 161 Wallace St
General
- Price: $799,000
- Taxes: $14,326
- Status: Pending
- Type: Single Family
- Source: Long_Island
- MLS ID: 965103
- Updated: 4/4/2026
- Added to Site: 48 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: First Floor Full Bath, Chefs Kitchen, Eat-in Kitchen, Entrance Foyer, Formal Dining, Galley Type Kitchen, Granite Counters, High Ceilings, High Speed Internet, Low Flow Plumbing Fixtures, Natural Woodwork, Open Floorplan, Open Kitchen, Original Details, Pantry, Smart Thermostat, Storage, Walk Through Kitchen, Washer/Dryer Hookup
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Oil Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Security Lights, Smoke Detector(s)
Exterior
- Exterior Features: Fire Pit, Garden, Lighting, Rain Gutters
Parking
- Garage: Yes
- Garage Spaces: 1.5
- Total Spaces: 32
- Parking Features: Detached, Driveway, Garage, On Street, Oversized, Private, Storage
Location
- County: Nassau County
School Information
- High School District: Freeport
- Elementary School: Caroline G Atkinson School
- Middle School: John W Dodd Middle School
- High School: Freeport High School
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Oil
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Architectural Style: Mini Estate, Victorian
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full Basement, Walk-Out Access
- Unfinished Attic: Yes
- Building Size: 1897
- Square Feet: 1,897
- Sq. Ft. Source: Other
- Year Built: 1909
Additional Structures
- Other Structures: Garage(s), Shed(s)
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 12,000
- Lot Dimensions: 80 x 150
- Fence: Yes
- Lot Features: Back Yard, Cleared, Front Yard, Garden, Landscaped, Level, Near Public Transit, Near School, Near Shops, Paved, Sprinklers In Front
- Fencing (Description): Fenced, Perimeter, Vinyl
Financial Considerations
- Tax Amount: $14,326
Disclosures and Reports
- Special Conditions: None
- Property ID: 2009-55-384-00-0048-0
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Schools
Schools serving 161 Wallace St
School District:Freeport Union Free School District
| Name | Grades | Distance |
|---|---|---|
Columbus Avenue School 150 North Columbus Avenue, Freeport, NY 11520 | PK-K | 0.7 mi |
Bayview Avenue School 325 West Merrick Road, Freeport, NY 11520 | K-4 | 0.8 mi |
New Visions Elementary School 80 Raynor Street, Freeport, NY 11520 | K-4 | 1 mi |
John W Dodd Middle School 25 Pine Street, Freeport, NY 11520 | 7-8 | 0.6 mi |
Freeport High School 50 South Brookside Avenue, Freeport, NY 11520 | 9-12 | 0.8 mi |
Archer Street School 255 Archer Street, Freeport, NY 11520 | K-4 | 1.1 mi |
Leo F Giblyn School 450 South Ocean Avenue, Freeport, NY 11520 | K-4 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 Wallace St
Date
Details
Price
Change
Source
2/25/2026
Listed
$799,000
149.69%
MLS
10/09/2015
Sold
$320,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 161 Wallace St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,444
918%
$438
2%
2024
$928
-91%
$429
-9%
2023
$9,909
8%
$474
6%
2022
$9,180
-5%
$448
-2%
2021
$9,671
10%
$456
-23%
2020
$8,756
2%
$595
-25%
2018
$8,616
-2%
$791
33%
2019
$8,756
-17%
$595
-25%
2016
$10,585
—
$791
1%
2016
$10,585
2%
$782
—
2016
$10,328
30%
$782
—
2014
$7,961
—
$782
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 161 Wallace St
161 Wallace Street, Freeport, NY 11520 (MLS# 965103) is a Single Family property with 4 bedrooms and 2 full bathrooms. 161 Wallace Street is currently listed for $799,000 and was received on February 25, 2026. Want to learn more about 161 Wallace Street? Do you have questions about finding other Single Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.
