A rare Montauk offering, with approximately frontage of 117 feet. This parcel presents a tranquil setting on the water with panoramic views, where shifting light and open skies create a striking backdrop for a future coastal retreat. The location balances privacy with convenience, just moments from Montauk’s ocean beaches, marinas, and close to town.
Per attached surveys, the property supports a residence of approximately 4,400 sq. ft., providing ample scope for a refined home designed to embrace the scenery from every vantage point. Whether envisioned as a sleek modern escape or a timeless Montauk haven, this is an extraordinary opportunity to build in one of the area’s most coveted waterfront areas.
403 E Lake Drive, Montauk, NY, 11954
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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