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Lake Montauk Buildable Waterfront Land
For Sale
$3,995,000
Pending

329 East Lake Drive, Montauk, NY 11954

Buildable lakefront land with private sandy beach and sunset views.

Property SizeContact for details
Lot Size1.88 Acres
Days on Market412

Property Features for 329 East Lake Drive

General Information

Standard status Pending
Lot size 1.88 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $3,181

Amenities

Water access
Waterfront
Listing Agency: East Hampton
Listed By: Peter J Moore Jr. · License #10401325974
Source: Corcoran
Added: Jul 24, 2025 Changed: Aug 8 Last Checked: Jul 23 at 9:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of East Hampton

Investment Insights

Based on property information with market context.

Located on Lake Montauk, the property at 329 East Lake Drive offers buildable lakefront land. The 0.87-acre upland portion extends over 260 feet from the road to the water, featuring 135 feet of private sandy beach. The southwest-facing building envelope is positioned to capture sunsets and summer breezes. It allows for the construction of a nearly 4,000 square-foot house plus an additional lower level, garage, pool and accessory structure, all potentially offering ground-level water views. The property includes an acre of lake bottom, suitable for mooring a boat, and a private shoreline for launching kayaks or paddleboards. The location is three minutes from Gin Beach, six minutes from the ocean, and 100 feet from over 860 contiguous acres of preserved County land, including Big Reed Pond, trails, and protected coastline.

Key Highlights

  • 135 feet of private sandy beach on Lake Montauk.
  • Southwest‑facing orientation for daily sunsets and summer breezes.
  • Buildable 0.87‑acre property allows for a nearly 4,000 sq ft house, lower level, garage, pool, and accessory structure. Potential ground‑level water views.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Garden Center Parking Lot & Garage Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby

Demographics for 11954, NY

4,318
Population
4,565
Households
0.9
Avg Household Size
50
Median Age
49%
College-Educated
96%
High-School Grad
18.5 sq mi
ZIP Area
233
Density / Sq Mi
$129,375
Median Household Income
$59,583
Median Earnings
$2,061
Median Rent
$1,186,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Buildable lakefront land with private sandy beach and sunset views.
Where is this waterfront land located?
The property is located at 329 East Lake Drive Montauk, NY.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 135 feet of private sandy beach on Lake Montauk.; Southwest‑facing orientation for daily sunsets and summer breezes.; Buildable 0.87‑acre property allows for a nearly 4,000 sq ft house, lower level, garage, pool, and accessory structure. Potential ground‑level water views.
More about this property
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