About this home

Incredible investment opportunity in the heart of Leonardo! This rare, legal two-family property located at 1 Thompson Drive sits on an expansive, park-like lot of over 1.1 acres, backing up to private, serene woods. Spanning nearly 2,912 square feet of total interior space, this income-generating property provides the ultimate flexibility as a multi-unit investment or a perfect multi-generational home.A massive driveway offering abundant off-street parking, set back privately from the main road.The property is ideally situated in the highly rated Middletown School District. It is a commuter's dream, located under 10 minutes from the Seastreak Ferry for direct access to NYC, and just minutes away from local beaches, the Leonardo State Marina, shopping, and major highways like Route 36.

Facts and features

Schools

• Leonardo Elementary School

  elementary · K-5 · 0.6 mi

  5

• Bayshore Middle School

  middle · 6-8 · 0.7 mi

  7

• Middletown - South High School

  high · 9-12 · 4.6 mi

  7

• Mother Teresa Regional School

  elementary · K-8 · 1.3 mi

• Bayview Elementary School

  elementary · K-5 · 0.7 mi

  5

• Rebecca May LLC-Spice Tree School

  elementary · K-5 · 1.4 mi

Price history

• Nov 2, 2026 · Price Changed$899,000
• Aug 8, 2026 · Listed$999,900
• Mar 30, 2026 · Listing Removed$3,100
• Oct 28, 2024 · Listing Removed$3,200
• Nov 24, 2020 · Sold$590,000
• Aug 12, 2018 · Listing Removed$1,750
• Jul 20, 2018 · Listed For Rent$1,750
• Jun 24, 2011 · Sold$415,000

Tax history

• 2025$12,051 tax · $793,100 assessed
• 2024$11,225 tax · $746,700 assessed
• 2023$12,249 tax · $704,800 assessed
• 2022$10,605 tax · $563,200 assessed
• 2021$8,686 tax · $417,600 assessed
• 2020$8,793 tax · $411,300 assessed
• 2019$8,654 tax · $409,800 assessed
• 2018$8,609 tax · $397,300 assessed

Home value

$992,900

• Cotality$992,900
• Collateral Analytics$998,000
• Quantarium$979,902

Where it is