This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/36
$886,000 -$1,000 (-0.11%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/36
Property Description
*The sellers are highly motivated to pass the torch to the next buyer. This is a first come, first served opportunity, don't miss this absolute gem.* Welcome to this timeless oversized Victorian. Rich with character, charm, and a warm wholesome soul. The perfect balance of history and comfort sits proudly on a quarter-acre in the heart of the prestigious Freeport Estates section of the Village. Set on a wide, tree lined street and just a short walk to the LIRR station, public transportation, shops, restaurants, and all conveniences, this location offers unbeatable connectivity. You're also only three blocks from the Village police and fire stations for added peace of mind. The home is also just minutes from the world-famous Nautical Mile Long Island's legendary waterfront destination for dining, entertainment, and nightlife and only two blocks from the gorgeous Freeport Jr. High School, adding outstanding convenience . A massive wrap around front porch embraces the entire front of the home an estate like welcome that invites morning coffee, evening relaxation, and year round enjoyment. The brand new paver walkway and two car wide, four car long blacktop driveway stretch all the way to the rear of the 140 foot deep property, leading to your 12 ft high gable roof 1.5 car garage with carriage style doors and a convenient side entrance. The fully fenced 6-foot vinyl enclosure creates complete privacy and security, setting the stage for the backyard paradise of your dreams. With a lot this deep, the possibilities are endless: a pool, outdoor kitchen, cabana, play area, firepit, a gazebo, or even a vegetable and herb garden, this property can truly host it all. Inside, natural light pours through oversized windows on every level. The home faces east, blessing you with warm, golden morning sun perfect for coffee on the porch and a quiet, calming retreat at the end of a long day. Featuring four separate exterior entrances, the layout is designed for flexibility and convenience. One side entrance leads directly into the kitchen and the full basement. Another rear door is perfectly positioned for guests to access the closely located first floor full bath during cookouts, gatherings, or future pool days. The dining room is highlighted by a beautiful natural wood burning fireplace ideal for memorable entertaining and cozy evenings. Soaring 8 foot ceilings create a sense of openness and grandeur throughout the entire home. Just off the entrance foyer, the wide Victorian staircase leads to a spacious center hall opening to four generously sized bedrooms and an oversized family bathroom. From there, a walk-up third floor reveals an enormous high ceiling attic offering endless potential for expansion, storage, studio space, or anything you can imagine. Don't miss the second staircase from the kitchen leading directly to the bedrooms, perfect for the early morning coffee runner or late night snack missions. This home truly has it all: unforgettable curb appeal, a spectacular wrap around porch, incredible interior warmth, and a property deep enough to create any lifestyle you dream of. A rare Victorian treasure in one of Freeport's most sought after neighborhoods. Today showing is cancelled Wednesday December 10 and Friday Dec 12. Next showing Saturday Dec13 and Sunday Dec14
Full Property Details
Full Property Details for 161 Wallace
General
- Price: $886,000
- Taxes: $14,326
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 939858
- Updated: 1/16/2026
- 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, 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)
Parking
- Garage: Yes
- Garage Spaces: 1.5
- 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, Partial, Storage Space, Unfinished, 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
Listed by HomeSmart Premier Living Rlty
Get Pre-Approved Today
Schools
Schools serving 161 Wallace
School District:Freeport Union Free School District
| Name | Grades | Distance |
|---|---|---|
Caroline G Atkinson School 58 West Seaman Avenue, Freeport, NY 11520 | 5-6 | 0.2 mi |
Columbus Avenue School 150 North Columbus Avenue, Freeport, NY 11520 | PK-K | 0.7 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 |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 Wallace
Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$886,000
-0.11%
MLS
1/05/2026
Price Reduced
$887,000
-0.11%
MLS
12/07/2025
Price Reduced
$888,000
-0.34%
MLS
12/05/2025
Price Reduced
$890,999
—
MLS
12/02/2025
Price Reduced
$891,000
-0.11%
MLS
11/30/2025
Listed
$892,000
178.75%
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
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
161 Wallace, Freeport, NY 11520 (MLS# 939858) is a Single Family property with 4 bedrooms and 2 full bathrooms. 161 Wallace is currently listed for $886,000 and was received on November 30, 2025. Want to learn more about 161 Wallace? 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.
