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Listed price in listed location currency (USD).
$1,800,000

450

MLS® 968687

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $14,309
Days Active 0
Lot Size 0.44 acres
Approx. Age 1992
MLS® Number 968687

Property Address: 35 Gardners Ln, Hampton Bays, NY, 11946-3217

Average square foot calculated using Size range provided by listing agent.

Description

Presenting a rare investment opportunity in Hampton Bays: a waterfront property with direct Shinnecock Bay views on Penny Pond, 80 feet of frontage, a 40-foot dock, and sandy beach access. Situated on 0.44 acres, this compound offers multifamily and multiple income-producing structures, making it an ideal candidate for investors seeking rental upside or redevelopment potential. The property is anchored by a two-bedroom, two-bath main house with an open floor plan, cathedral ceilings, gourmet kitchen, dining area, and living room with fireplace. Architectural plans and approvals are in place to renovate and expand the existing structures, including a separate guest cottage and an 18foot-by-36-foot gunite pool. Additional residences include a two-bedroom, one-bath cottage, a one-bedroom, one-bath studio above a two-car detached garage, and ample outdoor decking for entertaining and relaxation. Key property features include sprinklers, extensive landscaped grounds, and low annual taxes of only $14, 309. Several units are separately metered, offering flexibility for year-round rental income. With multifamily, bay views, and strong demand for waterfront rentals, this asset provides investors with multiple strategies: reposition as a boutique rental compound, operate as a seasonal retreat, or redevelop into a luxury waterfront estate. Located just minutes from ocean beaches and at the gateway to the Hamptons, this property combines lifestyle appeal with investment-grade fundamentals. Both homes are also available for lease.
MLS® Number968687
Laundry Level
Central VacNo
FireplaceNo
Acreage0.44
Exterior
GarageYes
Approx. Age1992
BasementCrawl Space
DrivewayDetached, Garage, Parking Lot
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
35 Gardners Ln, Hampton Bays, NY

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