$1,350,000

493 Munsell Road, East Patchogue, NY 11772

  • 4 beds |
  • 3 baths |
  • 1,520 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon2.92acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $888/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Data Last Updated:
May 11, 2026 at 7:20AM
Listing Office:
VYLLA Home : 888-575-2773
MLS ID:
949387
  • General: Open Kitchen
  • Appliances: Electric Water HeaterOvenRangeRefrigerator
  • Basement: Crawl Space
  • Flooring: Hardwood
  • A/C: None
  • Heating: BaseboardPropane
  • Fireplace: None
  • Style: Farmhouse
  • Parking: Driveway
  • General: Bi-Level
  • Originating MLS: onekey2
  • School District: Patchogue-Medford
  • County: Suffolk County
  • Zoning: 0200-975-90-03-00-008-001
  • Utilities: Electricity ConnectedPropane
  • Water: Public
  • Sewer: Cesspool
  • Source: onekey2

This listing courtesy of VYLLA Home

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby