Property Description

A rare opportunity to create a custom waterfront retreat at 2 Gibb Lane. Set along the water with an existing bulkhead and water access ramp, this exceptional property is being offered primarily for its land value and presents an exciting opportunity to renovate, rebuild, or create something entirely new.

The existing residence has sustained significant fire damage and is not currently habitable. Ideal for an end user, builder, or investor looking to capitalize on the property’s waterfront setting and future potential.

Set in a waterfront area of Islip, the property offers convenient access to boating and water recreation, local marinas and beaches, as well as Islip’s Main Street dining and shopping, LIRR transportation, and access to Fire Island. A unique opportunity to create a waterfront home and enjoy all that Long Island’s South Shore has to offer.

Property is being sold strictly as-is. Cash or qualified renovation/rehab financing only. Buyers are responsible for conducting their own due diligence regarding renovation, rebuilding, permits, bulkhead condition, and future use.

DO NOT ENTER, WALK, OR ACCESS THE PROPERTY WITHOUT PRIOR PERMISSION

Features
Heating System:
Other, Oil
Cooling System:
No
Basement:
See Remarks
Appliances:
No
Garage Spaces:
2
Interior Features:
Other
Lot Features:
Waterfront, Cul-De-Sac
Parking Features:
Driveway, Garage
Sewer:
Septic Tank
Utilities:
Water Available, Electricity Available
Address Map
City:
Islip
State:
NY
Street:
Gibb
Street Number:
2
Street Suffix:
Lane
Postal Code:
11751
Floor Number:
0
Longitude:
W74° 46' 43.1''
Latitude:
N40° 43' 8.9''
Directions:
Montauk Highway to Ocean Avenue South, then turn onto Gibb Lane.
PostalCity:
Islip
Additional Information
Architectural Style:
Ranch
Construction Materials:
Brick, Aluminum Siding
Elementary School:
Wing Elementary School
High School:
Islip High School
Agent MlsId:
216415
MiddleOrJunior School:
Islip Middle School
PhotosCount:
10
Special Listing Conditions:
No
Tax Annual Amount:
$22,447
Water Source:
Public
Office MlsId:
DERE41

Residential - MLS# 1048979

2 Gibb Lane, Islip, NY

3 Bedrooms
2 Bathrooms
2,127 Sqft
$775,000
Listing ID #1048979
Basic Details
Property Type :
Residential
Property SubType :
Single Family Residence
Listing Type :
For Rent
Listing ID :
1048979
Price :
$775,000
Rooms :
8
Bedrooms :
3
Bathrooms :
2
Bathrooms Total :
2
Square Footage :
2,127 Sqft
Building Area :
2,760 Sqft
Lot Area :
0.61 Acre
Year Built :
1960
Status :
Active
Listing Agent :
Erin E. Fleischmann SRES
Listing Office :
Douglas Elliman Real Estate
Agent info
Coldwell Banker American Homes
284 West Park Ave
Contact Agent
Walkscore