For saleReduced $1,045,000 from $7,995,000Virtual tour

$6,950,000

4 beds3,575 sq ft1.55 acres

278 West Lake DriveMontauk, NY 11954

Homes, condos and townhomes · MLS 11614679 · Listed 330 days ago (Dec 4, 2025)

Lake or reservoir · Bay, harbor, inlet or sound · Direct parcel frontage · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

Discover the beauty of Lake Montauk from this impressive lakefront estate, offering sweeping water views and generous living spaces throughout. Completely renovated in 2014, this home has 4 bedrooms, 4 full bathrooms, and multiple bonus rooms, and provides exceptional flexibility for luxurious coastal living. The main level features a large open kitchen, living, and dining area, each room showcasing stunning views of the lake. Two versatile bonus rooms-ideal for a den and home office-add convenience and functionality. A full bathroom and a laundry room complete the first floor. This level also includes a spacious attached garage, offering ease and practicality for year-round living. Below, a full basement provides substantial storage space and presents an excellent opportunity to be finished in the future for additional living area if desired. The upper level is anchored by a serene primary suite overlooking the water, offering breathtaking vistas. Three additional guest bedrooms and two guest bathrooms provide ample space for visitors. Three extra rooms on this level offer endless possibilities-use them as a media room, gym, or studio. Step outside to an expansive patio, featuring a covered section with an outdoor fireplace, perfect for year-round entertaining. An outdoor shower adds a classic coastal touch. A private, easy path leads directly to the beach, making it effortless to launch kayaks, paddle boards, and more. A private mooring completes this exceptional waterfront offering, providing convenient access for boating enthusiasts.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing represents the offered parcel itself as adjoining the water. This is what the listing reports, not a survey or a title finding.

Relationship to the water
Direct parcel frontage
Water body
Not provided. Ask the listing agent.
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Lake Front, Harbor”: Includes a "… Front" value describing frontage.
  • PropertyTypeDetail “house”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Chris Coleman of Compass.

Facts

List price
$6,950,000
Original list price
$7,995,000
Status
For sale
Property type
House
Bedrooms
4
Full baths
4
Interior area
3,575 sq ft
Lot size
1.55 acres
Year built
1973
Stories
2
Garage spaces
2
County
Suffolk County
MLS number
11614679
Annual property tax
$21,400

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Walk-In Closet(s)
  • Entrance Foyer

Appliances

  • Washer
  • Stainless Steel Appliance(s)
  • Range
  • Microwave
  • Refrigerator

Flooring

  • Tile
  • Hardwood

Basement

  • Unfinished

Heating

  • Forced Air
  • Oil

Sewer

  • Septic Tank

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Montauk.

Price and status history

  • Original list price reported by the brokerage: $7,995,000

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

Estimate a monthly payment

$1,390,000
Illustrative. Replace with a quote from your lender.
From the listing. Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$38,955 per month

Principal and interest$35,143
Property tax$1,783
Homeowners insurance$2,029
Loan amount$5,560,000
Total interest over the term$7,091,474

An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

  1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
  2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
  3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
  4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
  5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
  6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
  7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
  8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
  9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

Listing courtesy of Compass. Listing agent: Chris Coleman. Listings provided by MyStateMLS.

Listing last updated by the brokerage Oct 30, 2026, 5:28 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 7:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.