Land with Home for Sale in East Patchogue, New York
493 Munsell Rd, East Patchogue, NY 11772
Exceptional development and investment opportunity in East Patchogue, located on Munsell Road. 493 Munsell Road offers a fully approved 3-lot subdivision, providing immediate rental income along with significant future development potential. Lot 1 features an existing 2-story residence with 4 bedrooms and 3 full bathrooms. The home is currently rented with a rental permit in place, generating approximately $4,000 per month in rental income. Lots 2 and 3 are vacant parcels, with Lot 3 configured as a flag lot, both approved for new construction. Proposed plans call for two new 2-story homes, each offering 7 bedrooms and 4 full bathrooms (plans available). Subdivision approvals have been completed, making this a rare opportunity for investors or builders seeking a cash-flowing property with multiple approved buildable lots in a high-demand South Shore location.
Location
- Street address
- 493 Munsell Rd
- County
- Suffolk County
- Zip code
- 11772
- School district
- Patchogue-Medford
- Elevation
- 43 feet
Property details
- Acreage
- 2.92 acres
- MLS #
- MLSLI 949387
- Posted
Property taxes
- 2025
- $11,554
Parcels
- 0200-975-90-03-00-008-001
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Independent
Exterior
- Parking
- Driveway
Structure
- Stories
- 2
- Basement
- Crawl Space
- Water
- Public
- Sewer
- Cesspool
- Heating
- Baseboard, Propane
- Materials
- Vinyl Siding
Interior
- Room Count
- 8
- Rooms
- Bathroom x 3, Bedroom x 4
- Flooring
- Hardwood
- Appliances
- Electric Water Heater, Oven, Range, Refrigerator
- Features
- Open Kitchen
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Propane | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Bay Elementary School | Elementary | Patchogue-Medford |
| Saxton Middle School | Middle | Patchogue-Medford |
| Patchogue-Medford High School | High | Patchogue-Medford |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 28, 2026 | Price drop | $1,250,000 | $100,000 -7.4% | MLSLI |
| Jan 22, 2026 | New listing | $1,350,000 | — | MLSLI |