7 Stearns Point Road
Shelter Island, NY 11964

Residential Multi Family (N/A)

0.7 Acres
5838 Sqft Living Area

9 Bedrooms

9 Bathrooms (9 Full, 0 Half)

Year Built: 1902

$3,995,000

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Property Description

Step into timeless elegance with this iconic bed and breakfast property, originally constructed in 1902 and beautifully reimagined to meet modern standards. Nestled in the serene Shelter Island Heights, 7 Stearns Point Road offers an exquisite blend of historic charm and contemporary luxury. This expansive property sits on a 0.70- acre parcel, equipped with 5,838 +/- sq. ft. of living space, plus a spacious basement level adding 2,588 +/- sq. ft. The property features 7 ensuite bedrooms in the main building, complemented by 2 large living rooms and a well-appointed kitchen. Recent renovations have expanded the living space to include an extension with 2 additional bedrooms, a stunning double-height Great Room, as well as a state-of-the-art gym/yoga studio. Guests will enjoy the beautiful backyard with a heated 40x18 in-ground Gunite pool, perfect for relaxing after a day exploring the nearby Crescent Beach and Sunset Beach which is moments away. The property also includes a full liquor license, which enhances its appeal as a premier vacation destination. The spacious basement areas provide ample storage and laundry facilities, ensuring convenience for both guests and staff. With commercial zoning and a permit for an owner-occupied bed and breakfast allowing five rooms to be rented, this property presents a unique investment opportunity, ideal for expanding your portfolio or complementing existing operations, such as The Chequit Hotel nearby. The property also includes 2 driveways with a total of 14 parking spaces. Key Features: - Historic property built in 1902, fully renovated - 9 bedrooms and 9 bathrooms, including recent additions - Two driveways with a total of 14 parking spaces - Heated 40x18 in-ground Gunite pool - State-of-the-art gym/yoga studio - Full-height basements for storage and laundry - Walking distance to Crescent Beach - Full liquor license