982 Roanoke Avenue, Riverhead, NY 11901

982 Roanoke Avenue, Riverhead, NY 11901

$595,000 · 5 bed · 3 bath · 2,116 sq ft · built 1800 · MLS# 943001 · Active

Calling all Investors! A huge mixed-use property total of 5 bedrooms, currently used as a professional office on the FIRST FLOOR, offering a large waiting area, reception space, three rooms, and a half bathroom. The first floor provides flexible use and may be converted to residential occupancy in accordance with local regulations and required permits. The SECOND FLOOR features a spacious living room, two bedrooms, a full bath, and a kitchen. This level offers strong multifamily or income-producing potential and requires a FULL RENOVATION. Additional features include a large rear…

Single-family homes in the Riverhead Central School District sold for a median of $739,000 (typically $550,000–$900,000) across 308 recorded sales between Oct 6, 2025 and Oct 1, 2026, up 19.2% on the 12 months before. This home's $595,000 list price sits in the mid-market single-family tier for the Riverhead Central School District.

ZIP 11901 has about 4.4 months of single family inventory — balanced market. Supply and demand are roughly even, so buyers and sellers share leverage with fair, predictable pricing.

At about $14,255 a year, this home's property tax runs roughly 43% above the $10,000 typical for Riverhead Central 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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Riverhead Market Trend

Over the past 2 years, Riverhead has cooled from a peak near $635K around September 2024 to about $525K, with homes taking longer to sell. If this trend continues, conditions could keep easing toward a more balanced market.