2 Prospect Avenue, Shelter Island, NY 11964

2 Prospect Avenue, Shelter Island, NY 11964

$2,700,000 · 6 bed · 3 bath · 5,900 sq ft · built 1920 · MLS# 1005789 · Active

A rare opportunity to own a legacy compound on Shelter Island, this offering brings together three income-producing historic cottages and a separate buildable lot, all just moments from the water. Positioned at 2 Prospect Avenue and 38 Rock Point Road, the properties are offered as one cohesive investment, blending immediate revenue with exceptional future potential. Each of the three cottages features two bedrooms and one bath, with strong summer rental histories and an undeniable sense of place rooted in the island’s coastal charm. Rich in character and provenance, each residence…

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