317 Sky Walk, Fire Island Pines, NY 11782

$2,150,000

Casablanca 2.0 Fire Island Pines One-of-a-kind, beach retreat fully renovated in 2023, 100% new furnishings in 2024 with 7BR 4.5BA, heated salt water pool, multilevel deck and outdoor shower. Welcome to “Perfect Privacy in the Pines”—a fully reimagined Fire Island escape just 600 ft from… Read More the ocean. Set behind a gated entry, this 7-bedroom, 4.5-bath residence has been thoughtfully redesigned for elevated seasonal living rental performance. Whether you're here for the summer or acquiring a top-tier vacation asset, Casablanca delivers comfort, scale, and serious return. Inside the Home • Second Floor (Entrance to house on 2nd floor): The open-concept living area is anchored by an electric fireplace and a wall of sliding glass doors leading to a stunning new deck perfect for sun-soaked lounging or cocktail hours. The large dining room is wrapped in windows, bringing in tree-filtered light from every angle. The chef’s kitchen features quartz countertops, a large island, wet bar, stainless appliances, and custom soft-close cabinetry. Sleeping Quarters • 7 bedrooms in total • 3 feature private en-suite baths • 2 share a Jack-and-Jill layout • Additional flex room can serve as gym, home office, or the 6th and 7th bedrooms as guest space • No bunks or Murphy beds—all bedrooms are with queen or king accommodations • First Floor & Lower Level: • Queen en-suite bedroom • Two additional queen suites with shared Jack-and-Jill bath • King en-suite with wet bar • Queen en-suite guest suite • Additional Features: • Brand- heated new pool with adjacent private outdoor shower • Rooftop deck, all-new decking • 9-zone ductless A/C & heat system for room-by-room comfort • New roof, exterior siding, and two new 200amp Panels and Two New Water Heaters • All furniture included Just moments to the Sand Casablanca offers the ideal blend of proximity and privacy. Whether for quiet getaways or summer hosting, the location is second to none. Investment Snapshot • Cap Rate 7.4% - NOI $159 / $2,150 • 90% occupancy in 2025 season (June–August) • 25% lower price-per-guest vs. similar premium homes due to economies of scale booked by 12+ guests • New gut renovation: 2023 (plumbing, electric, structural and cosmetics) • All-new elegant furnishings: 2024 • 5-star guest reviews across Airbnb, VRBO, and BeKin • 16,000+ Instagram followers fueling repeat and direct bookings Growth Outlook: Casablanca is uniquely positioned to capitalize on Fire Island Pines’s the world famous enclave for those artists, writers, entertainers, and people in the fashion industry. The Pines is known as a safe-haven for all people regardless of gender, sexual identity/orientation, nationality, religion, race, or age. Given limited housing stock, no equally accepting alternative and strong rental demand, pricing can continue to grow as renovations across the Pines boost market visibility: • Downtown revitalization (2026) led by a major hospitality group • Army Corps beach/dune restoration (2026) to enhance long-term security and shore quality • Fixed housing supply = long-term pricing power and appreciation potential Location: Fire Island Pines, NY A world-class coastal community with limited housing stock, Fire Island Pines is known for its rich architectural history, welcoming atmosphere, and strong summer demand from a global clientele. Casablanca offers rare scale and quality in a market defined by exclusivity and walkability. Casablanca: Where Luxury Meets Lifestyle. Read Less

Listing Courtesy of Douglas Elliman Real Estate, 516-432-3400.

Listing Snapshot

Days Online

Last Updated

Aug 14, 2025

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

3,891

Year Built

1963

MLS Number

885930

30 Days Snapshot Of 11782

$723k

-4%

(avg) sold price

-18%

homes sold

-15%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Description: "Dishwasher", "Dryer", "Electric Water Heater", "ENERGY STAR Qualified Appliances", "Microwave", "Refrigerator", "Washer"

Basement

Description: "Finished", "Full", "Walk-Out Access"

Building

Area: 3891, Architecture: "Other", Building Area: 6534, Construction Materials: "Advanced Framing Technique", "Blown-In Insulation", "Cedar", "Energy Star", "Foam Insulation", "Frame", "Shake Siding", Levels: "Bi-Level", "Three Or More", Year Built: 1963, Effective Year built: 2023

Cooling

Details: "Ductless"

Exterior Features

Features: "Balcony", "Garden", "Gas Grill", "Lighting", "Mailbox", Patio Features: "Deck", "Patio", "Wrap Around"

Fence

Description: "Fenced"

Fireplaces

Total Fireplaces: 1

Floors

Flooring: "Vinyl"

Heating

Heating: "Electric", "ENERGY STAR Qualified Equipment", "Heat Pump"

Laundry

Description: "Electric Dryer Hookup", "Laundry Room", "Washer Hookup"

Lot

Acres: 0.15

Property

Description: "Other", "Pool Equip/Cover"

Pool

Features: "In Ground", Private Pool

Utilities

Sewer: "Septic Tank", Water Source: "Public", Utilities: "Cable Connected", "Electricity Connected", "Propane", "Sewer Connected", "Trash Collection Public", "Underground Utilities", "Water Connected"

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