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$1,350,000
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Property Description
Exceptional development and investment opportunity in East Patchogue, located on Munsell Road. 493 Munsell Road offers a fully approved 3-lot subdivision, providing immediate rental income along with significant future development potential. Lot 1 features an existing 2-story residence with 4 bedrooms and 3 full bathrooms. The home is currently rented with a rental permit in place, generating approximately $4,000 per month in rental income. Lots 2 and 3 are vacant parcels, with Lot 3 configured as a flag lot, both approved for new construction. Proposed plans call for two new 2-story homes, each offering 7 bedrooms and 4 full bathrooms (plans available). Subdivision approvals have been completed, making this a rare opportunity for investors or builders seeking a cash-flowing property with multiple approved buildable lots in a high-demand South Shore location.
Full Property Details
Full Property Details for 493 Munsell Rd
General
- Price: $1,350,000
- Taxes: $11,554
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 949387
- Updated: 1/22/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Open Kitchen
- Fireplace(s): None
- Appliances: Electric Water Heater, Oven, Range, Refrigerator
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Driveway
Location
- County: Suffolk County
School Information
- High School District: Patchogue-Medford
- Elementary School: Bay Elementary School
- Middle School: Saxton Middle School
- High School: Patchogue-Medford High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Propane
Utilities
- Sewer: Cesspool
- Water: Public
- Utility Description: Electricity Connected, Propane
Structural Information
- Architectural Style: Farmhouse
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Building Size: 1520
- Square Feet: 1,520
- Sq. Ft. Source: Public Records
- Year Built: 1910
Lot Features
- Lot Size (Acres): 2.92
- Lot Size (Sq. Ft.): 127,195
Financial Considerations
- Tax Amount: $11,554
Disclosures and Reports
- Special Conditions: None
- Property ID: 0200-975-90-03-00-008-001
Listed by VYLLA Home
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Schools
Schools serving 493 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 | 0.7 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 | 1.7 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 493 Munsell Rd
Date
Details
Price
Change
Source
1/22/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 493 Munsell Rd
Year
Property Taxes
Change
Tax Assessment
Change
2020
100%
$2,700
—
2022
-100%
$2,700
—
2016
$6,681
-7%
$2,700
—
2020
$7,203
5%
$2,700
—
2018
$6,884
2%
$2,700
—
2017
$6,738
—
$2,700
—
2016
$6,732
1%
$2,700
—
2015
$6,678
3%
$2,700
—
2015
$6,481
-2%
$2,700
—
2014
$6,621
1%
$2,700
—
2013
$6,557
—
$2,700
—
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 493 Munsell Rd
493 Munsell Road, Patchogue, NY 11772 (MLS# 949387) is a Single Family property with 4 bedrooms and 3 full bathrooms. 493 Munsell Road is currently listed for $1,350,000 and was received on January 22, 2026. Want to learn more about 493 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.
