Updated 2 Days Ago
Highlights
- Open-concept living room
- Dining area
- Bright, airy feel
- Cozy home
- Relaxing
Location
517 E Lake Dr, Montauk, NY 11954, USA
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Amenities for 517 E Lake Dr
Features
| 2 Floors | Forced Air |
| Hardwood Floor |
Other
| Oil | View Type: Lake |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 517 E Lake Dr
Property Status: Active Charming Montauk beach house with views of Lake Montauk. This cozy home features 2 bedrooms and 1 full bath, along with an open-concept living room, dining area, and kitchen that create a bright, airy feel. A lofted second floor offers additional sleeping or flexible living space. Enjoy the enclosed porch-perfect for relaxing while taking in the water views. A wonderful retreat in a sought-after location. Office Phone: (516) 445-1513 Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 517 E Lake Dr compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 3 miles away
Address details
| Zip code | 11954 |
|---|---|
| Type | House for rent |
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Rent trends in Montauk
2-bedroom apartments at 517 E Lake Dr cost about 97% more than the average rent price for 2-bedroom apartments in Montauk.
Median rents as of Aug 15 2026.
Montauk
| Month | Median Rent |
|---|---|
| August 2024 | $22,000 |
| September 2024 | $22,000 |
| October 2024 | $22,000 |
| November 2024 | $24,750 |
| December 2024 | $24,750 |
| January 2025 | $24,750 |
| July 2026 | $20,000 |
| August 2026 | $19,666 |
Affordability calculator
Can I afford to live at 517 E Lake Dr?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$1,500,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $1,500,000 annually to afford this 2-bedrooms monthly rent price of $37,500.
For more information on rent affordability, visit our rent calculator.
Schools near 517 E Lake Dr
Montauk School
50 s dorset dr
montauk, NY, 11954
PK, K-8Public
A
Springs School
48 school st
east hampton, NY, 11937
PK, K-8Public
B
Amagansett School
320 main street
amagansett, NY, 11930
PK, K-6Public
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Internet available near 517 E Lake Dr
Getting around Montauk near 517 E Lake Dr
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 517 E Lake Dr, Montauk
Groceries
1/10
Few or no groceries within a short drive
Shopping
1/10
Few or no shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
4/10
Some restaurants within a short drive
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Few or no bars within a short drive
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