Date
Details
Price
Change
Source
9/10/2026
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$775,000 Sale Pending
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Property Description
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
Full Property Details
Full Property Details for 2 Gibb Ln
General
- Price: $775,000
- Taxes: $22,447
- Status: Pending
- Type: Single Family
- Source: Long_Island
- MLS ID: 1048979
- Updated: 10/5/2026
- Added to Site: 32 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Other
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Garage
Location
- County: Suffolk County
- Cross Streets: Ocean Ave
- Driving Directions: Montauk Highway to Ocean Avenue South, then turn onto Gibb Lane.
School Information
- High School District: Islip
- Elementary School: Wing Elementary School
- Middle School: Islip Middle School
- High School: Islip High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Other
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Architectural Style: Ranch
- Detached/Attached: Detached
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 2760
- Square Feet: 2,760
- Sq. Ft. Source: Public Records
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.61
- Lot Size (Sq. Ft.): 26,572
- Lot Features: Cul-De-Sac, Waterfront
Water Features
- Water Front: Yes
- Water Front View: Bulkhead, Canal Access, Water Access, Waterfront
Financial Considerations
- Tax Amount: $22,447
Disclosures and Reports
- Special Conditions: None
- Property ID: 0500-422-00-01-00-008-000
Listed by Douglas Elliman Real Estate
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Listing agents
— 2 Gibb Ln —
Douglas Elliman Real Estate
Douglas Elliman Real Estate
516-307-9406
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2 Gibb Ln
School District:Islip Union Free School District
| Name | Grades | Distance |
|---|---|---|
Maud S Sherwood Elementary School 301 Smith Avenue, Islip, NY 11751 | 2-5 | 0.4 mi |
Wing Elementary School 1 Winganhauppauge Road, Islip, NY 11751 | K-1 | 1.6 mi |
Islip Middle School 211 Main Street, Islip, NY 11751 | 7-8 | 0.7 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 2 Gibb Ln
Tax History
Tax History for 2 Gibb Ln
Year
Property Taxes
Change
Tax Assessment
Change
2020
100%
$64,300
—
2022
-100%
$64,300
—
2016
$18,490
-2%
$64,300
—
2017
$18,892
1%
$64,300
—
2016
$18,784
—
$64,300
—
2015
$18,781
2%
$64,300
—
2015
$18,479
3%
$64,300
—
2014
$18,020
4%
$64,300
—
2013
$17,366
—
$64,300
—
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 2 Gibb Ln
2 Gibb Lane, Islip, NY 11751 (MLS# 1048979) is a Single Family property with 3 bedrooms and 2 full bathrooms. 2 Gibb Lane is currently listed for $775,000 and was received on September 10, 2026. Want to learn more about 2 Gibb Lane? Do you have questions about finding other Single Family real estate for sale in Islip? You can browse all Islip real estate or contact a Coldwell Banker agent to request more information.