About the Listing HMSM02 - 197641,166262

This historic farmhouse is more than a property—it is a living chapter in the story of this island. Shaped by four generations of a devoted farming family, its land, walls, and spirit carry the quiet strength of those who worked the soil, raised families, and helped define the body and soul of the community we are fortunate to share today. As the great-grandchildren of those original stewards, the current owners recognize that this sale carries a meaningful legacy, and they are fully committed to delivering a result worthy of it. Are you done being priced out of fully renovated, overhyped homes where someone else already chose the finishes—and took the profit? This is your chance to do it differently. A rare and timely opportunity awaits in the prestigious Half Hollow Hills East School District, set on an oversized 100 x 140 lot (approximately one-third acre)—a true find in today’s market. This is not just a home; it’s a strategic investment, perfectly aligned with Melville’s newly approved downtown transformation. A long-awaited Main Street revival is about to reshape the area into a vibrant, walkable hub of shops, restaurants, and apartments. As construction accelerates, demand from professionals and workers will follow—driving rental interest and long-term property values. This home is ideally positioned to benefit from it all. The expanded, rear-dormered Cape offers five bedrooms, two full baths, and an impressive four separate exterior entrances, creating exceptional flexibility. Whether your vision includes multi-generational living, rental income, or a home-based business, this layout adapts with ease. A legal second-floor accessory apartment provides built-in income potential, while the full basement—featuring high ceilings and a private entrance—opens the door to a studio, office, gym, or recreation space. Investors and end users alike will appreciate the tangible value-adds: a deep 1.5-car garage with loft storage, an oversized 11-car driveway ideal for trucks or trailers, and a fully fenced backyard with a 12-foot access gate—features that significantly enhance usability and future upside. An in-ground sprinkler system, new architectural roof, and very low taxes keep carrying costs refreshingly manageable while long-term ROI remains front and center. The flat, expansive lot is a true blank canvas—perfect for a luxury outdoor retreat, a thoughtful modern renovation, or even a custom new build in the future. Ideally located near major highways, shopping, parks, and public transportation, the home offers everyday convenience while preserving the quiet appeal of a residential setting—within a school district renowned for excellence. Opportunities with this combination of lot size, versatility, legacy, and forward-looking location rarely come to market. With Melville’s Main Street redevelopment poised to redefine the area, this is a non-competitive chance to secure an undervalued home and shape it on your own terms. Buy the potential. Honor the past. Build the future. This is how smart buyers get ahead.

Listing Highlights