1547 Walt Whitman Rd Melville, NY 11747
Melville NeighborhoodEstimated payment $5,546/month
Highlights
- The property is located in a historic district
- Cape Cod Architecture
- 1.5 Car Attached Garage
- Sunquam Elementary School Rated A
- Main Floor Bedroom
- Oversized Parking
About This Home
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.
Listing Agent
HomeSmart Premier Living Rlty Brokerage Phone: 631-629-3630 License #10401230197 Listed on: 07/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,916
Year Built
- Built in 1954
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 100 x 140
- Landscaped
- Level Lot
- Garden
- Back and Front Yard
Parking
- 1.5 Car Attached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- Driveway
- Off-Street Parking
Home Design
- 1,940 Sq Ft Home
- Cape Cod Architecture
- Frame Construction
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Location
- Property is near a golf course
- The property is located in a historic district
Schools
- Paumanok Elementary School
- Candlewood Middle School
- Half Hollow Hills High School West
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
- Cesspool
- Cable TV Available
Additional Features
- Oven
- Shed
Listing and Financial Details
- Assessor Parcel Number 0400-254-00-02-00-006-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,430 | $2,700 | $200 | $2,500 |
| 2023 | $5,215 | $2,700 | $200 | $2,500 |
| 2022 | $7,274 | $2,700 | $200 | $2,500 |
| 2021 | $7,055 | $2,700 | $200 | $2,500 |
| 2020 | $6,929 | $2,700 | $200 | $2,500 |
| 2019 | $13,859 | $0 | $0 | $0 |
| 2018 | $7,504 | $2,700 | $200 | $2,500 |
| 2017 | $7,504 | $2,700 | $200 | $2,500 |
| 2016 | $7,360 | $2,700 | $200 | $2,500 |
| 2015 | -- | $2,700 | $200 | $2,500 |
| 2014 | -- | $2,700 | $200 | $2,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Price Changed | $878,000 | -0.5% | $453 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $882,000 | -0.1% | $455 / Sq Ft |
| 09/04/2025 09/04/25 | Price Changed | $883,000 | -0.1% | $455 / Sq Ft |
| 08/28/2025 08/28/25 | Price Changed | $884,000 | -0.6% | $456 / Sq Ft |
| 08/17/2025 08/17/25 | Price Changed | $889,000 | -0.3% | $458 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $892,000 | -0.2% | $460 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $894,000 | -0.1% | $461 / Sq Ft |
| 07/25/2025 07/25/25 | Price Changed | $895,000 | -0.2% | $461 / Sq Ft |
| 07/19/2025 07/19/25 | Price Changed | $897,000 | -0.1% | $462 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $898,000 | -- | $463 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Misc Company | |
| Interfamily Deed Transfer | -- | Stewart Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $49,838 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $135,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $20,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $73,235 | New Conventional | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $45,000 | Credit Line Revolving |
Source: OneKey® MLS
MLS Number: 889630
APN: 0400-254-00-02-00-006-000
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