See Home Value
$4,815,000 - $5,885,000
House - Off Market

23 Elm Ln

Montauk, NY 11954
bedrooms
6 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
5900 Sqft
Sold Jul 29, 2021
$1,310,000
$1,900,000 by Stormfield Capital Funding Llc
Mortgage Due Jul 29, 2051

About This Property

This exquisite home, newly constructed by Build Well Development, sits high on a knoll at the end of a quiet cul-de-sac in Montauk's Hither Woods neighborhood. Entering across a lush, grassy lawn set beside a sparkling heated gunite pool and spa, adjoining a built in, sunken fire pit. Enter the front door into the dramatic entry foyer which opens to stairs up and down, a sexy chandelier and a control4 touch pad for lighting, sound, pool settings and more. Or come in through the massive walls of glass sliders into the main great room. An open floor plan features a stunning fireplace at one end, and a gleaming super-kitchen at the other. The kitchen features a vast island, with room to seat six or more on one side and an array of useful drawers and appliances on the other. Tall, counter depth white refrigeration gives way to more useful counter space, a grade-A stainless range and more counters. Around the corner is a separated butler's pantry with more counters and plenty of area to prep and clean up. The dining room provides ample space for a gigantic dining table. And then the living room, anchored by the majestic fireplace wall, has enough room for any luxurious furniture arrangements, all of the above spilling out through the huge glass sliders to the lawn, patio, deck and pool entertainment areas. On the main floor are several bedrooms, highlighted by the grand primary bedroom suite, with impressive windows overlooking the outdoor common areas and wooded perimeters and spectacularly luxurious bathroom suite.Upstairs is a secondary suite with even more eye-catching views and a sumptuous bath, featuring a gorgeous free floating soaking tub. Up one more level is the roof deck, with views of the sparkling Atlantic Ocean, just a block or two away. On the lower level are two massive entertainment spaces, another bedroom and the two car garage.

The manager has listed the unit size as 5900 square feet.
Unit Size
5,900Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$907
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Feb 28, 2024 No longer available -
No longer available
Jan 16, 2024 Price Decreased $5,350,000
↓ $945K (15%)
Price Decreased
Dec 28, 2023 Relisted $6,295,000
Relisted
Dec 27, 2023 No longer available -
No longer available
Nov 8, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,350
  • Lot Size Depth Feet: 2,750
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HITHER WOOD
  • Land Acres: 0.719
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 23 ELM MONTAUK LLC
  • Previous Owner : COLLINS-FRENCH CATHERINE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montauk Union Free School District
  • School Tax School District: MONTAUK
  • Census Tract: 201007

Geography

  • District: 0300-0
  • Section: 87.00
  • Parcel: 0300-087.00-02.00-027.000
  • Block: 2
  • Lot: 27.000
  • Municipality: EAST HAMPTON
  • Latitude: 41.0181
  • Longitude: -71.9936

    Address

  • Full Address: 23 Elm St
  • Address - House Number: 23
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: NY
  • City Name: Montauk
  • Carrier Code: R001
  • 4-Digit Zip Code: 5044
  • Zip Code: 11954

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472406

    Appraisal Valuation

  • Standard Deviation: 0.2422
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 1,948,203
  • High Value: 2,420,205
  • Low Value: 1,476,202

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $2,930,000
  • First Open Lien Mortgage Lender: STORMFIELD CAPITAL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 29, 2051
  • Second Open Lien Mortgage Lender: STORMFIELD CAPITAL FUNDING LLC
  • Second Open Lien Mortgage Recording Date: Jul 29, 2021
  • Second Open Lien Mortgage Loan Amount: $900,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jul 29, 2051
  • Third Open Lien Mortgage Lender: STORMFIELD CAPITAL FUNDING LLC
  • Third Open Lien Mortgage Recording Date: Feb 02, 2024
  • Third Open Lien Mortgage Loan Amount: $130,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Commercial
  • Third Open Lien Mortgage Loan Due Date: Feb 02, 2054

    Market Valuation

  • Market Total Value: $57,298
  • Market Land Value: $2,703
  • Market Improvement Value: $54,595

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,200
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $20,200

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11850594491
  • Current Sale Price: $1,310,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STORMFIELD CAPITAL FUNDING LLC
  • First Mortgage Transaction Date: Jul 29, 2021
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Mortgage Lender: STORMFIELD CAPITAL FUNDING LLC
  • Second Mortgage Transaction Date: Jul 29, 2021
  • Second Mortgage Loan Amount: $1,900,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Montauk


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Frequently Asked Questions

When was property at 23 Elm Lane built and last sold?
The property at 23 Elm Lane was built in and last sold on Jun 2, 2021 for $1,310,000.
How much is this home worth?
The estimated value of the home located at 23 Elm Lane is $5,403,500.
What are some comparable homes to 23 Elm Lane?
There are currently no comparable homes to 23 Elm Lane.

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