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SINGLE_FAMILY - Cape Cod - Melville, NY
A rare opportunity awaits in the prestigious Half Hollow Hills East School District with this oversized 100 x 140 lot (approximately one-third acre). More than just a property, this is an investment perfectly timed with Melville's newly approved downtown transformation, where its well overdue Main Street is set to become a vibrant walking destination filled with shops, apartments, and restaurants. As construction begins, workers and professionals will need housing, driving up both property values and rental demand - and this home is ideally positioned to capture it all. The expanded and rear-dormered Cape features five bedrooms, two full baths, and four separate exterior entrances, making it highly adaptable for multi-generational living, rental income, or home-based businesses. A legal accessory apartment on the second floor adds even more flexibility, while the full basement with high ...
A rare opportunity awaits in the prestigious Half Hollow Hills East School District with this oversized 100 x 140 lot (approximately one-third acre). More than just a property, this is an investment perfectly timed with Melville's newly approved downtown transformation, where its well overdue Main Street is set to become a vibrant walking destination filled with shops, apartments, and restaurants. As construction begins, workers and professionals will need housing, driving up both property values and rental demand - and this home is ideally positioned to capture it all. The expanded and rear-dormered Cape features five bedrooms, two full baths, and four separate exterior entrances, making it highly adaptable for multi-generational living, rental income, or home-based businesses. A legal accessory apartment on the second floor adds even more flexibility, while the full basement with high ceilings and a private entrance offers the potential for a studio, office, gym, or recreation space. Investors will appreciate the deep 1.5-car garage with loft storage, the oversized 11-car driveway perfect for trucks or trailers, and a fully fenced backyard with a 12-foot access gate - all enhancing usability and value. With an in-ground sprinkler system, new architectural roof, and very low taxes, carrying costs remain minimal while long-term ROI is maximized. The flat, deep lot itself brims with potential, whether you envision a luxury backyard retreat, a modern renovation, or even a custom new build. Conveniently located near highways, shopping, parks, and public transit, the property balances accessibility with tranquility, all within a school district renowned for excellence. Opportunities of this size, flexibility, and location are rare. With the Melville Main Street redevelopment set to redefine the area, now is the moment to secure a property that offers immediate income potential and extraordinary appreciation tomorrow. Don't miss out on this unique chance to plant roots, build, or invest in a one-of-a-kind home that sits at the very heart of Long Island's future.
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