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Property Description
Steeped in history and set on a 1.05-acre parcel in the heart of the North Fork, this circa-1663 residence presents a rare opportunity to preserve and reimagine one of Southold's oldest and most significant properties. Ideally positioned, it is just moments from one of the East End's finest sandy bay beaches and Croteaux Vineyards, as well as a short drive to renowned wineries, farm stands, and the charming village of Southold, with its shops, waterfront, and access to the Long Island Sound. The land at 150 Baywater Avenue is tied to the remarkable story of Maltby Freeman, a formerly enslaved man who earned his freedom in 1807 and, through extraordinary determination, came to own this very property along Bayview near South Harbor Road. Maltby and his wife, Dorcus Benjamin, began with a single-room structure, gradually expanding it into a family homestead in the early 1800s. Their descendants continued to acquire land, eventually owning a house and 30 acres. The Freeman family's story is one of the earliest documented examples of Black land ownership and upward mobility on Long Island, and this property stands as a tangible connection to that chapter of American history. The property is offered strictly as-is, presenting a rare opportunity for a developer, preservationist, or visionary owner-builder. Included in the sale is a complete set of fully approved architectural and construction plans, a process that required two years of review by the Historic Preservation Commission, Town Planning Department, and Building Department. This extensive approval represents significant time, cost, and expertise that the next owner will not need to replicate. With permits and plans already secured, construction can begin immediately upon closing. For those seeking a property defined by history, character, and forward potential, 150 Baywater Avenue is ready for its next chapter.
Full Property Details
Full Property Details for 150 Baywater Ave
General
- Price: $850,000
- Taxes: $7,527
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 985489
- Updated: 4/16/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Other
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Driveway
Location
- County: Suffolk County
School Information
- High School District: Southold
- Elementary School: Southold Elementary School
- Middle School: Southold Junior-Senior High School
- High School: Southold Junior-Senior High School
Heating & Cooling
- Cooling Type: None
- Heating Type: See Remarks, Other
Utilities
- Sewer: Cesspool, Septic Tank
- Water: Public
- Utility Description: See Remarks
Structural Information
- Architectural Style: Victorian
- Detached/Attached: Detached
- Construction: Other
- Sq. Ft. Source: Other
- Year Built: 1900
Lot Features
- Lot Size (Acres): 1.05
- Lot Size (Sq. Ft.): 45,738
Financial Considerations
- Tax Amount: $7,527.08
Disclosures and Reports
- Special Conditions: None
- Property ID: 1000-078-00-03-00-022-000
Listed by Compass Greater NY LLC
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Schools
Schools serving 150 Baywater Ave
School District:Southold Union Free School District
| Name | Grades | Distance |
|---|---|---|
Southold Elementary School 420 Oaklawn Avenue, Southold, NY 11971 | K-6 | 1.2 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 150 Baywater Ave
Date
Details
Price
Change
Source
4/16/2026
Listed
$850,000
21.43%
MLS
12/04/2023
Sold
$700,000
—
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 150 Baywater Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,201
100%
$4,900
—
2020
-100%
$4,900
—
2022
$2,830
4%
$4,900
—
2021
$2,709
1%
$4,900
—
2020
$2,669
5%
$4,900
—
2018
$2,539
-4%
$4,900
-6%
2017
$2,638
1%
$5,200
—
2016
$2,600
5%
$5,200
—
2015
$2,482
—
$5,200
—
2015
$2,474
4%
$5,200
—
2014
$2,369
2%
$5,200
—
2013
$2,317
—
$5,200
—
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 150 Baywater Ave
150 Baywater Avenue, Southold, NY 11971 (MLS# 985489) is a Single Family property with 3 bedrooms and 4 full bathrooms. 150 Baywater Avenue is currently listed for $850,000 and was received on April 16, 2026. Want to learn more about 150 Baywater Avenue? Do you have questions about finding other Single Family real estate for sale in Southold? You can browse all Southold real estate or contact a Coldwell Banker agent to request more information.
