240 Lisa Drive, Southold, NY 11971
$895,000 · 4 bed · 3 bath · 1,862 sq ft · built 1992 · MLS# 982950 · Active
Welcome to this spacious 4-bedroom, 2.5-bath two-story home located in the desirable Highpoint Meadows community of Southold. Set on a corner lot, this property offers a welcoming front yard and a generously sized backyard with ample room for a pool and outdoor entertaining. Inside, the home features an open-concept kitchen with new refrigerator, and dining area ideal for everyday living and gatherings, complemented by a formal living room for added versatility. Additional highlights include a convenient laundry room, a two-car attached garage with brand new doors, and a full basement…
Single-family homes in the Southold Union Free School District sold for a median of $985,000 (typically $765,000–$1,700,000) across 88 recorded sales between Oct 9, 2025 and Sep 22, 2026, down 9.9% on the 12 months before. This home's $895,000 list price sits in the mid-market single-family tier for the Southold Union Free School District.
ZIP 11971 has about 5.1 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 $8,090 a year, this home's property tax is in line with the roughly $8,000 typical for Southold 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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Southold Market Trend
Southold's monthly median has swung between $562K and $3.8M over the past 2 years — volatility that usually reflects a thin or mixed market rather than one steady trend. The typical recent sale has taken about 63 days to go under contract.
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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.
