- 3
- beds
- 2
- baths
- 2,127
- sqft
- 1960
- year built
- Status:
- Sold
- MLS #:
- 1048979
- County:
- Suffolk
- Listed By:
- Erin E. Fleischmann SRES - Douglas Elliman Real Estate
- Office Phone:
- (516) 307-9406
- Agent Email:
- erin.fleischmann@elliman.com
Sponsoring Broker: Steven Domber, Berkshire Hathaway HomeServices Hudson Valley Properties
A rare opportunity to create a custom waterfront retreat at 2 Gibb Lane. Set along the water with an existing bulkhead and water access ramp, this exceptional property is being offered primarily for its land value and presents an exciting opportunity to renovate, rebuild, or create something entirely new. The existing residence has sustained significant fire damage and is not currently habitable. Ideal for an end user, builder, or investor looking to capitalize on the property’s waterfront setting and future potential. Set in a waterfront area of Islip, the property offers convenient access to boating and water recreation, local marinas and beaches, as well as Islip’s Main Street dining and shopping, LIRR transportation, and access to Fire Island. A unique opportunity to create a waterfront home and enjoy all that Long Island’s South Shore has to offer. Property is being sold strictly as-is. Cash or qualified renovation/rehab financing only. Buyers are responsible for conducting their own due diligence regarding renovation, rebuilding, permits, bulkhead condition, and future use. DO NOT ENTER, WALK, OR ACCESS THE PROPERTY WITHOUT PRIOR PERMISSION
-
- Bedrooms
- 3
-
- Bathrooms
- 2
-
- Year Built
- 1960
-
- Architectural Style
- Ranch
-
- Construction Materials
- Aluminum Siding, Brick
-
- Garage Spaces
- 2.0
-
- Parking Features
- Driveway, Garage
-
- Living Area
- 2127.0
-
- Interior Features
- Other
-
- Appliances
- None
-
- Cooling
- None
-
- Heating
- Other, Oil
-
- Acres
- 0.61
-
- Lot Features
- Waterfront, Cul-De-Sac
-
- Water Front Features
- Waterfront, Canal Access
-
- Utilities
- Electricity Available, Water Available
-
- Water
- Public
-
- County
- Suffolk
-
- City
- Islip
-
- Zip Code
- 11751
-
- High School
- Islip High School
-
- Middle School
- Islip Middle School
-
- Elementary School
- Wing Elementary School
-
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Price History
| 11/08/2024 | Sold | $4,000 |
| Source: OneKey MLS #L3580887 | ||
| Listed | $4,500 | |
| Source: OneKey MLS #L3580887 | ||
| 11/03/2026 | Sold | $1,100,000 |
| Source: OneKey MLS #1048979 | ||
| 09/10/2026 | Listed | $775,000 |
| Source: OneKey MLS #1048979 | ||
| 09/23/2024 | Off Market | — |
| Source: OneKey MLS #3580887 | ||
| 06/22/2023 | Off Market | — |
| Source: OneKey MLS #3487076 | ||
| 11/08/2024 | Sold | $4,000 |
| Source: OneKey MLS #L3487076 | ||
| 06/22/2023 | Listed | $4,000 |
| Source: OneKey MLS #L3487076 | ||
Source: MLS Data
Deed History
| 06/27/1997 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
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There are currently 68 properties available in Islip, with 0 under contract to close soon. Properties in the city have an average sale price of $209,990 and typically spend 122 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 2 Gibb Ln?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2 Gibb Ln.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 2 Gibb Ln?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $775,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Islip, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 2 Gibb Ln?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2 Gibb Ln at around $6,281. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 2 Gibb Ln?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Suffolk County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 2 Gibb Ln?
In most cases, yes. Whether 2 Gibb Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Islip's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 2 Gibb Ln?
We can handle that for you. Our preferred local agent specializes in residentials in Islip and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $775,000 with 2,127 sqft of space—that comes out to approximately $364 per square foot.
How long has this property been on the market?
2 Gibb Ln was listed on September 10, 2026, which means it's been on the market for 59 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1960, making it approximately 66 years old.
What is the lot size of this property?
2 Gibb Ln sits on a 0.61-acre lot, which is 26,572 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Wing Elementary School
- Middle: Islip Middle School
- High: Islip High School
Want to see how these schools compare? Check out our Suffolk County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 2 Gibb Ln?
The most recent public record shows annual property taxes for 2 Gibb Ln were approximately $22,447. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 2 Gibb Ln still available for sale?
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.
Last Updated: November 08, 2026 at 07:57PM | Source: OneKey MLS | MLS#: 1048979
