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Presented by
Team AFA - Darien |
Welcome to your ideal Fire Island getaway at 22 Bungalow Walk, Ocean Beach, NY 11770. This beautifully renovated two-story colonial residence offers the perfect blend of modern upgrades and timeless coastal charm. Ideally located just minutes from the Ocean Beach ferry and village shops, this four-bedroom, three-bathroom home provides both convenience and tranquility. Inside, you’ll find an open floor plan featuring an eat-in kitchen with a dining bar that flows into the living area and a dining table for 10. Hardwood flooring runs throughout, complemented by a warm gas fireplace. The first floor includes a family room, four spacious bedrooms, a full hallway bathroom, and a primary suite. Two bedrooms open directly to the deck through sliding glass doors. The outdoor deck boasts a modern kitchen and plenty of private space for entertaining. Upstairs, an open-concept kitchen with an island flows into a 10-person dining area and a large living space with another gas fireplace—perfect for gatherings. Designed for easy beachside living, this home features a spacious sun deck, ideal for entertaining, plus a private outdoor shower for rinsing off after a day at the beach. Additional highlights include central heating and cooling, abundant natural light, and essential appliances such as a washer, dryer, dishwasher, and refrigerator. The property sits on a 50' x 80' lot (3, 920 sq. ft. ) and offers approximately 1, 949 sq. ft. of thoughtfully designed interior space. Beyond serving as a personal retreat, this Fire Island home is also a highly sought-after investment property with a proven track record as a weekly rental. During peak season, it commands $8, 500–$9, 500 per week, generating $139k during the 2025 season—making it an excellent income-producing asset for investors and second-home buyers alike. Ownership comes with unique Fire Island privileges. Homeowners may apply for a boat slip through the Ocean Beach Marina, and year-round residents can apply for limited vehicle access to the island via permit (managed through a waitlist system), providing added convenience. Finding this exceptional home is easy: take the Fire Island Ferry to Ocean Beach, walk onto Bay Walk, then turn left on Bungalow Walk—the house is the seventh on the right. Whether you’re seeking a private beach retreat, a turnkey rental investment, or a long-term escape, 22 Bungalow Walk presents a rare opportunity in one of Fire Island’s most desirable communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,999
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,279,999 | $1,279,999 | $1,279,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,091 | $1,091 | $1,091 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,168 | $7,777 | $10,715 |
| Total Monthly Payment | $8,384 | $8,993 | $11,931 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.