15 Elm Lane, Montauk, NY 11954

$2,300,000 · 2 bed · 2 bath · 1,431 sq ft · built 1973 · MLS# 1036630 · Active

South of the Highway Montauk Beach House Perched high in the treetops of Hither Woods, this secluded modern retreat offers a rare sense of privacy and tranquility, surrounded by the natural beauty of the landscape. Designed as an upside-down house to maximize light, views, and connection to nature, the home feels like a private sanctuary floating above the trees but so close to the ocean. Inside, the two-bedroom, two-bathroom residence seamlessly blends modern architecture with eclectic interior design, creating a warm yet sophisticated atmosphere. Thoughtfully curated spaces, abundant natural light,…

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 $6,101 a year, this home's property tax runs roughly 13% below 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