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Two Shelter Island homes for $650,000

A house and a cottage are on the

A house and a cottage are on the market in January 2015 for $650,000. The .76-acre lot on Shelter Island can't be subdivided, but one of the two residences could be used as a rental. Credit: The Corcoran Group

Two homes on Shelter Island are available for $650,000.

"It's two houses on one property, and it can't be subdivided," says Theresa Andrew of The Corcoran Group, the listing agent. One of the homes is considered to be a cottage and the other a house.

Right now, the kitchen inside the house is being renovated by one of the owners, who is a builder. "If someone wants to buy it, they can ask the builder to finish the place or the new owners can do their own thing," Andrew says.

She adds that the homes would be ideal if a family wanted to live in one and rent out the other, as one has four bedrooms while the other has three -- and they're on three-quarters of an acre.

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