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 FROM THE LISTING AGENT.

Last Updated	9/10/2026	Year Built	1960
Garage Spaces	2.0	County	Suffolk

SCHOOLS

Elementary School	Wing Elementary School
Jr. High School	Islip Middle School
High School	Islip High School

Additional Details

AIR	None
APPLIANCES	None
CONSTRUCTION	Aluminum Siding, Brick
GARAGE	Yes
HEAT	Oil, Other
INTERIOR	Other
LOT	0.61 acre(s)
LOT DESCRIPTION	Cul-De-Sac, Waterfront
PARKING	Driveway, Garage
SEWER	Septic Tank
STYLE	Ranch
TAXES	22447
UTILITIES	Electricity Available, Water Available
WATER	Public
WATERFRONT DESCRIPTION	Canal Access, Waterfront

Location

 

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