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$950,000
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Property Description
Prime development and investment opportunity located south of Montauk Highway in Patchogue. 466 Munsell Road features a recently approved 2-lot subdivision offering both immediate rental income and future development potential. Lot 1 includes a 2-story, 4-bedroom, 2-full-bath home with significant recent improvements, including a brand-new septic system and waterline, new electrical service and panel, new gas boiler and hot water tank, and a second full bathroom added in the unfinished basement. The basement offers both interior and exterior access. The existing home is currently rented with a valid rental permit, producing approximately $4,000 per month in rental income. Lot 2 is a vacant parcel with subdivision approval in place, providing the opportunity to construct a new 2-story residence. Proposed plans call for a 7-bedroom, 4-bathroom home (plans available upon request). A rare opportunity to acquire a cash-flowing property with approved subdivision in a high-demand South Shore location.
Full Property Details
Full Property Details for 466 Munsell Rd
General
- Price: $950,000
- Taxes: $1,700
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 949385
- Updated: 1/22/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: First Floor Bedroom, Entrance Foyer, Master Downstairs, Walk Through Kitchen
- Fireplace: Yes
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Driveway
Location
- County: Suffolk County
- Cross Streets: Montauk Hwy
School Information
- High School District: South Country
- Elementary School: Verne W Critz Elementary School
- Middle School: Bellport Middle School
- High School: Bellport Senior High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Cesspool
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Cape Cod
- Detached/Attached: Detached
- Construction: Cedar, Shake Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Building Size: 2018
- Square Feet: 2,018
- Sq. Ft. Source: Public Records
- Year Built: 1932
Lot Features
- Lot Size (Acres): 0.99
- Lot Size (Sq. Ft.): 43,124
Financial Considerations
- Tax Amount: $1,700
Disclosures and Reports
- Special Conditions: None
- Property ID: 0200-975-90-03-00-005-001
Listed by VYLLA Home
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Schools
Schools serving 466 Munsell Rd
School District:South Country Central School District
| Name | Grades | Distance |
|---|---|---|
Verne W Critz Elementary School 185 North Dunton Avenue, East Patchogue, NY 11772 | K-3 | 0.6 mi |
Frank P Long Intermediate School 599 Brookhaven Avenue, Bellport, NY 11713 | 4-5 | 1.1 mi |
Bellport Middle School 35 Kreamer Street, Bellport, NY 11713 | 6-8 | 1 mi |
Bellport Senior High School 205 Beaver Dam Road, Brookhaven, NY 11719 | 9-12 | 1.8 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 466 Munsell Rd
Date
Details
Price
Change
Source
1/22/2026
Listed
$950,000
146.75%
MLS
3/31/2022
Sold
$385,000
—
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 466 Munsell Rd
Year
Property Taxes
Change
Tax Assessment
Change
2020
100%
$1,700
—
2022
-100%
$1,700
—
2016
$1,529
-9%
$1,700
—
2020
$1,683
5%
$1,700
—
2018
$1,605
4%
$1,700
—
2017
$1,542
—
$1,700
—
2016
$1,549
1%
$1,700
—
2015
$1,528
1%
$1,700
—
2015
$1,516
1%
$1,700
—
2014
$1,499
—
$1,700
—
2013
$1,506
—
$1,700
—
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 466 Munsell Rd
466 Munsell Road, Patchogue, NY 11772 (MLS# 949385) is a Single Family property with 4 bedrooms and 2 full bathrooms. 466 Munsell Road is currently listed for $950,000 and was received on January 22, 2026. Want to learn more about 466 Munsell Road? Do you have questions about finding other Single Family real estate for sale in East Patchogue? You can browse all East Patchogue real estate or contact a Coldwell Banker agent to request more information.
