A $22.5 million Montauk teardown shack sits next to Robert De Niro’s estate, but the real prize is its rare oceanfront lot and approved plans for a 7,100-square-foot luxury home

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An oceanfront Montauk property is listed for twenty-two point five million dollars. This desirable location sits adjacent to Robert De Niro's estate and offers unique advantages. The sale includes approved plans for a large modern home, bypassing lengthy permit processes. This property provides an opportunity to build a significant residence on one point one acres. The site offers incredible ocean views, similar to those found in Malibu.