250 Old Montauk Highway, Montauk, NY 11954

$22,500,000 · 4 bed · 6 bath · 7,100 sq ft · built 1960 · MLS# 1021256 · Active

OCEANFRONT PROPERTY WITH PLANS IN PLACE FOR A SAOTA MASTERPIECE This incredible oceanfront property is set atop Montauk's oceanfront bluffs with permits & plans for an extraordinary SAOTA-designed residence- a rare fusion of world-class architecture, structural engineering, and resort-level living. Sculpted directly into the natural topography overlooking the Atlantic Ocean, the permitted home can be conceived not merely as a residence, but as a private coastal sanctuary where architecture disappears into the landscape and every space is oriented toward the horizon. Arriving through a private estate-style motor court, a grand…

Single-family homes in the Montauk Union Free School District sold for a median of $1,868,000 (typically $1,550,000–$3,000,000) across 9 recorded sales between Oct 10, 2025 and Aug 14, 2026, up 6.7% on the 12 months before. Too small a sample to be statistically stable — that median rests on 9 recorded sales, so a single sale moves it substantially. Treat it as a starting point rather than a market reading.

ZIP 11954 has about 13.3 months of inventory — strong buyer's market. A heavily oversupplied market — buyers hold the upper hand, and sellers often offer price cuts or concessions to compete.

At about $12,988 a year, this home's property tax runs roughly 86% above the $7,000 typical for Montauk Union Free School District. Suffolk bills combine town, school and special-district levies, so two homes at the same price in neighboring districts can carry materially different taxes. Exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax