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37 Lake Avenue, 
Riverhead, NY 11901

$549,000

2

Beds

1

Bath

916

Sq Ft

Single Family

Active

Listed by

Amanda Lin

, 

Peter D. Halpin

Douglas Elliman Real Estate

Last updated:

May 31, 2026, 10:47 AM

MLS#

965279

Source:

OneKey MLS

About This Home

37 Lake Avenue

Welcome to 37 Lake Ave in Riverhead, a unique opportunity located within the Riverside Revitalization Project, RO-2 Overlay District. This home is in township of Southampton. It has very low taxes. This property currently features a cozy 2-bedroom, 1-bathroom home offering comfortable living while presenting exceptional potential for future development. The existing home includes two well-sized bedrooms, a full bathroom, and a functional living space, making it suitable for immediate occupancy or rental. However, the true value lies in the property’s investment and redevelopment potential. Riverside is undergoing an exciting transformation, and this parcel is positioned at the center of that growth. A new sewer line installation planned for next year is expected to support expanded development and increased property value throughout the area. Preliminary concepts for the site suggest the potential for up to 7 residential apartments and 1 commercial unit, making it an attractive opportunity for investors, developers, or buyers looking to secure property in a growing community. Don’t miss the chance to own property in one of Riverhead’s emerging neighborhoods with promising long-term potential. Explore the possibilities at 37 Lake Ave today.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1960

Price Summary

549,000

$599 per Sq. Ft.

MLS #:

965279

Last Updated:

May 31, 2026, 10:47 AM

Added:

3 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

916 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

916 Sq. Ft.

Year Built:

1960

Lot

Lot Size (Sq. Ft):

11,761

Finances & Disclosures

Finances

Price:

$549,000

Price per Sq. Ft:

$599 per Sq. Ft.

Source:OneKey MLS
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.