BEDS4
BATHS3 full
SQUARE FEET1,520
MLS#949387
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLPatchogue-Medford
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.
Property Features
Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: None
Heating: Baseboard, Propane
Home Style: Farmhouse
Lot Size: 2.92 Acres
Taxes: $11,554
Year Built: 1910
Amenities
Open Kitchen
Feature Descriptions
Appliances: Electric Water Heater, Oven, Range, Refrigerator
Building Area Total: 1520
Days on Site: 133
Exterior: Vinyl Siding
Fireplace Features: None
Flooring: Hardwood
Number Of Kitchens: 1
On Market Date: 2026-01-22
Parcel Number: 0200-975-90-03-00-008-001
Parking Features: Driveway
Rental Term: Monthly
Rooms Total: 8
Sewer: Cesspool
Utilities: Electricity Connected, Propane
Water: Public
Local Schools
High School: Patchogue-Medford High School
Middle School: Saxton Middle School
Elementary School: Bay Elementary School
School District: Patchogue-Medford
Listed By / Shown By
Listing By
Agency Name: VYLLA Home
Agency Contact: 888-575-2773
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 4,109.37 per month $2,781.96 Principal & Interest $962.83 Property Tax $364.58 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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493 Munsell Road | MLS# 949387
This single family home located at 493 Munsell Road, East Patchogue, NY 11772 is currently listed for sale with an asking price of $1,250,000. This property was built in 1910 and has 4 bedrooms and 3 full baths with 1520 sq. ft. Munsell Road is located within the Patchogue-Medford school district. Search East Patchogue real estate on www.coldwellbankerchoice.com today.