Charach & 1 West Walk, Water Island, NY 11772

Charach & 1 West Walk, Water Island, NY 11772

$5,200,000 · 5 bed · 6 bath · 3,600 sq ft · built 2015 · MLS# 910335 · Active

Water Island Awaits. Two Iconic Buildings. One Majestic View. Location- Tucked between Fire Island Pines and Davis Park lies Water Island. With only 48 homes adjacent to the protected Fire Island National Seashore; Water Island creates a unique sense of remoteness and natural beauty — a true retreat for those seeking to unwind in quiet luxury. This secluded estate offers 200 feet of unobstructed Atlantic Ocean frontage; rare privacy and direct access to pristine beaches, all within an easy commute from New York City. Inspiration- A masterpiece of coastal design,…

Single-family homes in the Fire Island Union Free School District sold for a median of $1,400,000 (typically $1,025,000–$1,900,000) across 43 recorded sales between Oct 9, 2025 and Sep 29, 2026, up 40.7% on the 12 months before. This home's $5,200,000 list price sits in the luxury single-family tier for the Fire Island Union Free School District.

ZIP 11772 has about 2.8 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $18,253 a year, this home's property tax runs roughly 103% above the $9,000 typical for Fire Island 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

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 3:30 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Water Island Market Trend

Over the past 2 years, Water Island's market has held broadly steady — the median sale price has hovered around $578K, ranging from $500K to $650K month to month, with no sustained directional trend. Recently, homes have been selling in about 40 days.