127 Inlet Road W, Hampton Bays, NY, 11946
8 rooms
4 beds
3 Full baths
1989
Other
0 sqft
Discover a rare investment compound just 100 yards from Peconic Bay beach access at the gateway to Southampton. Situated on a beautifully landscaped 0.80-acre parcel in the Hamlet of Shinnecock Hills, this unique property features five free-standing, year-round residences: a 4-bedroom, 3-bath main house and four additional renovated cottages (three 2-bedroom units and one 1-bedroom unit). Each residence is well-appointed, separately metered, and offers private outdoor space, ensuring low owner overhead and high tenant satisfaction. Shared amenities include an outdoor shower, lush garden lounge areas, a productive vegetable/fruit garden, and ample storage for bikes and kayaks, supported by three large parking areas and shared laundry. With a robust rental history and significant upside for repositioning as a boutique retreat, B&B, or high-end rental compound, this asset delivers immediate cash flow and long-term value-add potential. Located within the Tuckahoe School District with incredibly low annual taxes of approximately $5,977. Minutes from world-class dining, transportation, and ocean beaches, this is a premier East End portfolio piece. Some images have been virtually staged; unedited photos available upon request.
Status:
Active
Type:
Single-family residential
Heating:
Forced Air, Other
Cooling:
Central Air
Basement:
See Remarks
Parking:
Driveway, Off Site
Acreage:
0.8
Assessment
$659,600
Construction
Cedar, Shingle Siding
Utilities
None
Elementary School:
Hampton Bays Elementary School
Middle School:
Hampton Bays Middle School
High School:
Hampton Bays High School
School District:
Hampton Bays
Days on Market:
1
Appliances:
Other
MLS #:
993361
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Douglas Elliman Real Estate 631-288-6244