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Listed price in listed location currency (USD).
$4,250,000

320

MLS® 1017932

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1000 sqft
Garage 
Taxes $24,252
Days Active 0
Lot Size 4.21 Acres
Approx. Age 1950
Avg. Price Per Sqft $4,250
MLS® Number 1017932

Property Address: 357 Smithtown Boulevard, Smithtown, NY, 11767

Average square foot calculated using Size range provided by listing agent.

Description

For the first time in more than 75 years, a legacy of land assembled over generations is being offered to the public. Beginning with the acquisition of its first parcel in 1949, what started as a single investment has evolved into a remarkable nine-parcel assemblage encompassing approximately 4.21 acres in the heart of the Ronkonkoma/Nesconset corridor. Never before offered as one acquisition, this is a once-in-a-generation opportunity to control an entire mixed-use portfolio with exceptional flexibility and long-term potential. More than just real estate, this is the opportunity to shape the future of an entire development block. Whether your vision is a thoughtfully planned residential community, a mixed-use redevelopment, an income-producing investment portfolio, or a phased development strategy, this offering provides a foundation that would be extraordinarily difficult to recreate in today's market. The assemblage includes: • Two commercially zoned parcels with prominent frontage and visibility along Smithtown Boulevard. • A six-unit multifamily property providing immediate income while future plans are developed. • Five contiguous residential development parcels totaling approximately 2.75 acres, offering exceptional potential for future residential expansion. • A single-family residence that may serve as an owner-occupied home, rental property, or future redevelopment component. What makes this offering truly exceptional is not simply the acreage—it's the opportunity. Acquiring nearly an entire development block under one ownership eliminates the time, uncertainty, and expense of assembling multiple properties from different owners. It creates a level of flexibility and control that is increasingly difficult to find in today's market. Strategically positioned with frontage on Smithtown Boulevard and additional access from Spectacle Lake Drive and Lillian Drive, the property enjoys outstanding visibility, multiple access points, proximity to Lake Ronkonkoma, the Long Island Rail Road, shopping, dining, major transportation corridors, and regional employment centers. Very few opportunities offer this combination of location, existing income, commercial frontage, residential development potential, and long-term flexibility within a single acquisition. For more than seven decades, this property has been part of one family's story. Today, it is ready to become part of someone else's vision. All information is deemed reliable but not guaranteed. Buyers are responsible for independently verifying zoning, permitted uses, development potential, approvals, utilities, lot dimensions, environmental conditions, and all other matters material to their intended use.
MLS® Number1017932
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayParking Lot
Garage Spaces
HeatOil, Other
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

0 days

Today, For Sale for $4,250,000

For Sale · 0 days

$4,250,000

MLS® 1017932

4 hours ago

Not Sold Yet

June 2026, For Sale for $4,250,000

For Sale · 0 days

$4,250,000

MLS® 1017932

4 hours ago

Not Sold Yet

  • Jun 25, 2026, For Sale for $4,250,000

Home Estimate Zoopraisal®

This property is estimated to sell between: $597,000 and $6,077,000.
Similar properties in this area sold on average for: $597,765
Expected to sell in 32 days. Similar properties sold in 32 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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