$ 1,850,000
-
$1,850,000
Price -
4
Bed -
5
Bath -
5,136
SqFt
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About the Listing DERE39 - 150502
Presenting a rare investment opportunity in Hampton Bays, this waterfront multifamily compound offers direct Shinnecock Bay views on Penny Pond with 80 feet of frontage, a 40-foot dock, and sandy beach access. Situated on 0.44 acres, the property features multiple income-producing structures, including a two-bedroom, two-bath main house with cathedral ceilings, a gourmet kitchen, and a living room with a fireplace. The asset also includes a two-bedroom cottage and a one-bedroom studio located above a detached two-car garage, with several units separately metered to provide flexibility for year-round rental income. Architectural plans and approvals are already in place to renovate and expand existing structures, which include a separate guest cottage and an 18-foot-by-36-foot gunite pool. Key property features include extensive landscaped grounds with a sprinkler system. This versatile property allows investors to reposition it as a boutique rental compound, operate it as a seasonal retreat, or redevelop it into a luxury waterfront estate. Located just minutes from ocean beaches at the gateway to the Hamptons, both homes are also available for lease.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 5 Full
- Appliances: Dishwasher, Microwave, Oven, Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard,Oil
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other: Open Floorplan
- Water: Public
Exterior Details
- Lot Description: Bulkhead,No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Cesspool
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 0900-322-00-04-00-002-000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
35 Gardners Ln Hampton Bays, NY 11946
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