Recent Real Estate Transactions on Shelter Island
May 25, 2025 - 19:30
Recent real estate transactions on Shelter Island have shown a vibrant market, with several notable sales recorded. On March 14, 2025, listings revealed that Jean Grunwaldt sold a property located at 86 South Ferry Road to Sylma Cabrera for a substantial $1,050,000. This transaction highlights the ongoing demand for prime waterfront properties in the area.
Additionally, Gerard Cremoux transferred ownership of his residence at 5 Heron Lane to Catherine Golding-Cremoux for $750,000. This sale underscores the trend of family members trading properties among themselves, a common occurrence in the close-knit Shelter Island community.
Another significant transaction involved the Dorothy Clark Trust, which sold the property at 114 South Ferry Road to The South Ferry Inc. The details of this sale reflect the continued interest in commercial and residential developments on the island.
These recent transfers indicate a healthy real estate market, with prices reflecting the desirability of Shelter Island as a sought-after location for both residents and investors.
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