Description

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.