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2 Gibb Lane, Islip NY 11751
2 Gibb Lane, Islip NY 11751
New York>Suffolk County>Islip

2 Gibb LaneIslip, NY 11751

For Sale

$775,000

Smart Buyer Rebate $6,875

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

Listed by Erin E. Fleischmann SRES

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Douglas Elliman Real Estate

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516-307-9406

Listed by Maria M. Corigliano

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Douglas Elliman Real Estate

Last updated September 14, 2026

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Source: OneKey #1048979

Listing Facts

  • TypeSingle-family
  • NeighborhoodIslip
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu5
  • Taxes$22,447/year
  • Size2,127 sqft
  • Price per sqft$364

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/10/2026
Listed by Douglas Elliman Real Estate
$775,000
  1. 09/10/2026$775,000
    Listed by Douglas Elliman Real Estate

Property Details for 2 Gibb Lane

Exterior

Construction

  • Year Built: 1960
  • Architectural Style: Ranch
  • Construction Materials: Aluminum Siding, Brick

Features

  • Waterfront Features: Bulkhead, Canal Access, Water Access, Waterfront
  • Waterfront: Yes

Measurements

  • Building Area Total: 2,760
  • Building Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Waterfront
  • Lot Size Acres: 0.61
  • Lot Size Square Feet: 26,572

Financial

Taxes

  • Parcel Number: 0500-422-00-01-00-008-000
  • Tax Annual Amount: $22,447.00
  • Tax Assessed Value: $64,300.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: Other

Measurements

  • Living Area: 2,127
  • Living Area Source: Public Records

Rooms

  • Basement: See Remarks
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 8

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage

Schools

Elementary School

  • Elementary School: Wing Elementary School
  • Elementary School District: Islip

High School

  • High School: Islip High School
  • High School District: Islip

Middle or Junior School

  • Middle Or Junior School: Islip Middle School
  • Middle Or Junior School District: Islip

Utilities

Equipment

  • Heating: Oil, Other
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 2 bathrooms in this single-family home at 2 Gibb Lane.

What schools are nearby to 2 Gibb Lane?

Nearby schools include the Wing Elementary School, Islip Middle School, and Islip High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 2 Gibb Lane.

What are the annual taxes for 2 Gibb Lane?

Annual taxes for this single-family home are estimated at $22,447.

How does 2 Gibb Lane compare to other single-family homes in Islip?

This single-family home is listed 10% below the average price for single-family homes in Islip and has been on the market for 51 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,127 sqft.

2 Gibb Lane is a 3-bedroom, 2-bath single-family home for sale in Islip NY 11751. Listed on Prevu for 5 days at $775,000. This home features 2,127 square feet of living space, located in Islip. The median listing price for single-family homes in this area is $680,000. Nearby schools include Wing Elementary School, Islip Middle School, and Islip High School. Property amenities include parking. Explore more single-family home listings in Suffolk County.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.