221 E Montauk Highway, Hampton Bays, NY, 11946
10 rooms
5 beds
3 Full baths
1996
Colonial
1,840 sqft
Welcome to 221 E Montauk Highway, a rare opportunity in the heart of Hampton Bays offering exceptional upside for investors, builders, or end-users ready to create their vision in the Hamptons. Set on a full acre in an R20 zoning district, this property presents the potential for subdivision or redevelopment. The home also features a large basement with egress already in place, offering potential for expanded use or flexible living configurations. The existing 5-bedroom, 3-bath home spans approximately 1,840 square feet (not including the basement) and features hardwood floors, a fireplace, and generous living space. While the home is in need of renovation it provides a footprint and layout that can inspire your next project. Outdoors, the property includes an in-ground pool and expansive grounds, offering a strong starting point for reimagining a private retreat or high-performing rental property. With a proven rental history, there is clear income potential for those looking to invest. Ideally located just 6.5 miles from the Village of Southampton and directly adjacent to the newly revitalized Canoe Place Inn, this location benefits from ongoing growth and increasing demand. Close to ocean beaches, dining, and marinas, the property offers both convenience and long-term value. Bring your architect, your builder, and your imagination-221 E Montauk Highway is a blank canvas in a rapidly evolving Hamptons corridor.
Status:
Active
Type:
Single-family residential
Heating:
Oil
Cooling:
Central Air
Basement:
Full, Unfinished, Walk-Out Access
Parking:
Driveway
Acreage:
1.1
Est. Taxes:
$8,198
Construction
Frame
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
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:
6
Appliances:
Dishwasher, Range, Refrigerator
Pool:
Yes
MLS #:
987654
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Compass Greater NY LLC 631-466-7118