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YESENIA MALAVE

malavey2@gmail.com +1(917) 836-4133

$ 1,850,000

Est. payment | -/mo

4 Beds

5 Baths

5,136 SqFt

Save

$ 1,850,000

Est. payment | -/mo

Save

4 Beds

5 Baths

5,136 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,136 sqft

Price per Sqft $360

MLS Listing ID 993209

Style Other

Bedrooms 4

Full Baths 5

HOA Y/N No

Rental Info No

Year Built 1992

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Single Family Residence

Source onekey2

Property Description

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.

Location

State NY

County Suffolk County

Rooms

Basement Crawl Space

Interior

Interior Features Open Floorplan

Heating Baseboard, Oil

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Microwave, Oven, Refrigerator

Exterior

Parking Features Other

Utilities Available Cable Available, Electricity Available

Waterfront Description Bulkhead

Garage false

Private Pool No

Building

Sewer Cesspool

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Hampton Bays Elementary School

Middle Schools Hampton Bays Middle School

High Schools Hampton Bays

School District Hampton Bays

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Douglas Elliman Real Estate • Kimberly J. Cammarata

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 836-4133

malavey2@gmail.com

35 Gardners LN Hampton Bays, NY 11946