Rare investment opportunity in Hampton Bays! This waterfront 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 home opens directly to the water with room for a boat. Approved architectural plans allow for renovation and expansion of existing structures, including a separate guest cottage and an 18’ x 36’ gunite pool. Landscaped grounds include a full sprinkler system. This versatile property offers potential to reposition as a boutique rental compound, operate as a seasonal retreat, or redevelop into a luxury waterfront estate. Located minutes from ocean beaches at the gateway to the Hamptons.
Lease Availability:
Main House (2 BED / 2 BATH): $35,000
Cottage 1 (1 BED/ 1 BATH): $25,000
Available June 1 through Labor Day. Call for additional details.
Rental Rates
Memorial Day to Labor Day
$60,000
19,166 Sq Ft
0.44 Private Acres Lot Size
single family home
Built in 1992
MLS/Listing ID 423798
Parking - Garage
Heating - Other
Basement
Dock
Public Water
Lot - Sprinklers
Studio
Pool
Waterfront
Pets Allowed