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$764,250
List Price: $775,000
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11 Ocean Walk

House in Gilgo-Oak Beach-Captree •  building info
5bd • 1.5ba • 2,175ft² $356 per ft²
Buy with Yoreevo

$764,250

List Price

$775,000

Key Details
Days on market
12
Last price change
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Estimated payment
$5,370/mo
Taxes
$1,188/mo
Maintenance
N/A
Description
Welcome to 11 Ocean Walk—a rare opportunity to own a coastal retreat in West Gilgo Beach, one of Long Island's most private and sought-after waterfront communities, located just one hour from Manhattan. Nestled between the Atlantic Ocean and Great South Bay, this gated enclave of only 80 residences offers a level of seclusion and natural beauty rarely found on Long Island, providing an effortless and convenient escape from everyday life without the traffic, crowds, or ferry schedules. This two-story coastal home offers approximately 3,000 square feet of total space, including 1,600 square feet of finished living space comprised of five bedrooms and 1.5 baths, 900 square feet of unfinished first-floor space with exceptional potential, and a 500-square-foot two-car garage. The finished level features a bright south-facing living room with hardwood floors and a fireplace, a window-lined dining room, an eat-in kitchen with counter seating, a dedicated office, and an oversized laundry room with the potential to serve as an additional bedroom. Outdoor living is enhanced by an upper-level deck, a lower-level screened-in porch, and an outdoor shower, with recent improvements including a newer roof and siding. Just moments from the residence, a private underpass provides direct access to the pristine ocean beach, while the private bayfront overlooks the tranquil marsh and offers the perfect setting for swimming, kayaking, paddle boarding, sailing, and other water activities. Residents enjoy a marina (with short waiting list) dedicated storage for kayaks, paddle boards, and sailboats, along with an array of community amenities including a tennis, pickleball and volleyball court, ball fields, playground, and non-denominational house of worship. Outdoor enthusiasts will appreciate direct access to the Ocean Parkway Coastal Greenway Bike Path, with easy rides to Tobay Beach and the Gilgo Beach Inn, while the Jones Beach Theater is only minutes away. Conveniently located, the Wantagh Long Island Rail Road station is a short 10-minute drive, providing easy access to New York City. Included in the Town of Babylon Land Lease is an annual fee of $4,400, with WGB Association dues of $1,300 per year covering community maintenance. 11 Ocean Walk presents a rare opportunity to embrace a private coastal lifestyle defined by nature, recreation, and convenience—offering a secluded waterfront escape while remaining within easy reach of New York City.

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Home features
Dishwasher
Fireplace
Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$775,000
Asking Price: $775,000
Term
30 Years
Down Payment
$77,000 (10%)
Min: 10% (77,000)
Rate
6.0 %
Mortgage Amount
$697,500
Mortgage Payment
$4,182
Taxes
$1,188
Estimated Yoreevo rebate
$10,750
Estimated closing cost
$23,000
Total monthly cost $5,370
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$10,750 rebate.
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Listing Courtesy of Signature Premier Properties

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