493 Munsell Rd
Listing Notes
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.
Price in context
Cheaper than 17% of the 24 homes listed nearby right now, which run $699,000 to $1,695,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 376 S Country Rd | $699,000 | 4 bd · 2 ba |
| 9 Epson Crse | $699,990 | 4 bd · 2 ba |
| 281 Woodacres Rd | $699,999 | 2 bd · 2 ba |
| 7 Apple Blossom Ln | $708,888 | 4 bd · 4 ba |
| 85 Bayview Ave | $739,900 | 5 bd · 3 ba |
| 65 Hedges Rd | $749,000 | 4 bd · 4 ba |
| 6 Naybor Ave | $799,999 | 4 bd · 3 ba |
| 17 N Durkee Ln | $800,000 | 4 bd · 3 ba |
| 79 Bieselin Rd | $849,000 | 4 bd · 3 ba |
| 35 Melrose Pkwy | $869,000 | 5 bd · 4 ba |
| 47 Oak Rd | $875,000 | 3 bd · 2 ba |
| 466 Munsell Rd | $950,000 | 4 bd · 2 ba |
| 69 Colonial Ln | $999,000 | 3 bd · 2 ba |
| 67 Country Club Rd | $999,000 | 2 bd · 1 ba |
| 2 Brookside Ave | $999,000 | 2 bd · 2 ba |
| 17 Esplanade Dr | $999,999 | 4 bd · 4 ba |
| 36 Roosevelt Blvd | $1,050,000 | 5 bd · 3 ba |
| 45 New Jersey Ave | $1,099,000 | 3 bd · 2 ba |
| 100 Bieselin Rd | $1,174,999 | 4 bd · 3 ba |
| 299 Patchogue Yaphank Rd | $1,200,000 | 6 bd · 4 ba |
| 7 Broadview Ave | $1,395,000 | 3 bd · 2 ba |
| Esplanade Dr Lot 2 | $1,398,000 | 4 bd · 4 ba |
| 937 S Country Rd | $1,650,000 | 4 bd · 3 ba |
| 7 Country Club Rd | $1,695,000 | 3 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more