161 Wallace, Freeport, NY 11520 - Luxury Fire Island Homes

$888,000

Welcome to this timeless oversized Victorian. Rich with character, charm, and a warm old world soul. The perfect balance of history and comfort sits proudly on a quarter-acre in the heart of the prestigious Freeport Estates section of the Village. Set on a wide, tree lined street and just a… Read More short walk to the LIRR station, public transportation, shops, restaurants, and all conveniences, this location offers unbeatable connectivity. You’re also only three blocks from the Village police and fire stations for added peace of mind. The home is also just minutes from the world-famous Nautical Mile Long Island’s legendary waterfront destination for dining, entertainment, and nightlife and only two blocks from the gorgeous Freeport Jr. High School, adding outstanding convenience . A massive wrap around front porch embraces the entire front of the home an estate like welcome that invites morning coffee, evening relaxation, and year round enjoyment. The brand new paver walkway and two car wide, four car long blacktop driveway stretch all the way to the rear of the 140 foot deep property, leading to your 12 ft high gable roof 1.5 car garage with carriage style doors and a convenient side entrance. The fully fenced 6-foot vinyl enclosure creates complete privacy and security, setting the stage for the backyard paradise of your dreams. With a lot this deep, the possibilities are endless: a pool, outdoor kitchen, cabana, play area, firepit, a gazebo, or even a vegetable and herb garden, this property can truly host it all. Inside, natural light pours through oversized windows on every level. The home faces east, blessing you with warm, golden morning sun perfect for coffee on the porch and a quiet, calming retreat at the end of a long day. Featuring four separate exterior entrances, the layout is designed for flexibility and convenience. One side entrance leads directly into the kitchen and the full basement. Another rear door is perfectly positioned for guests to access the closely located first floor full bath during cookouts, gatherings, or future pool days. The dining room is highlighted by a beautiful natural wood burning fireplace ideal for memorable entertaining and cozy evenings. Soaring 8 foot ceilings create a sense of openness and grandeur throughout the entire home. Just off the entrance foyer, the wide Victorian staircase leads to a spacious center hall opening to four generously sized bedrooms and an oversized family bathroom. From there, a walk-up third floor reveals an enormous high ceiling attic offering endless potential for expansion, storage, studio space, or anything you can imagine. Don’t miss the second staircase from the kitchen leading directly to the bedrooms, perfect for the early morning coffee runner or late night snack missions. This home truly has it all: unforgettable curb appeal, a spectacular wrap around porch, incredible interior warmth, and a property deep enough to create any lifestyle you dream of. A rare Victorian treasure in one of Freeport’s most sought after neighborhoods. Today showing is cancelled Wednesday December 10 and Friday Dec 12. Next showing Saturday Dec13 and Sunday Dec14 Read Less

Listing Courtesy of HomeSmart Premier Living Rlty, 631-629-3630.

Listing Snapshot

Days Online

Last Updated

Dec 13, 2025

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

1,897

Year Built

1909

Property Tax

$14,326

MLS Number

939858

Additional Details

Appliances & Equipment

Description: "Dishwasher", "Dryer", "Exhaust Fan", "Gas Cooktop", "Gas Oven", "Microwave", "Oven", "Refrigerator", "Stainless Steel Appliance(s)", "Washer", "Oil Water Heater"

Basement

Description: "Full", "Partial", "Storage Space", "Unfinished", "Walk-Out Access"

Building

Area: 1897, Architecture: "Mini Estate", "Victorian", Building Area: 1897, Construction Materials: "Vinyl Siding", Levels: "Three Or More", Year Built: 1909

Cooling

Details: "Ductless"

Fence

Description: "Fenced", "Perimeter", "Vinyl"

Fireplaces

Total Fireplaces: 1

Garage

Garage Spaces: 1.5

Heating

Heating: "Oil"

Lot

Features: "Back Yard", "Cleared", "Front Yard", "Garden", "Landscaped", "Level", "Near Public Transit", "Near School", "Near Shops", "Paved", "Sprinklers In Front", Acres: 0.25, Dimensions: 80 x 150

Property

Description: "Irrigation Equipment", "Lawn Maintenance Equipment"

Utilities

Sewer: "Public Sewer", Water Source: "Public", Utilities: "Cable Connected", "Electricity Connected", "Natural Gas Connected", "Phone Connected", "Sewer Connected", "Trash Collection Public", "Water Connected"

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

Test

161 Wallace

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send

Be the first to know about new sales and rental listings, last-minute deals, market updates, and community events.

Luxury Fire Island Homes

Tools

About

Real Estate