127 Inlet Road W
Hampton Bays, NY, 11946 $ 3,500,000
Bedrooms-- Baths-- Sq 4,497 Monthly Estimate*
$ 21,550
for $3,500,000. This 4,497 square foot building was built in 1989 on a lot size of 0.8.
Presenting a rare opportunity to acquire a compound enclave just 100 yards from beach access to Peconic Bay. Located at 127 Inlet Road West, at the gateway to Southampton, this property comprises five free-standing residences on a beautifully landscaped 0.80-acre parcel. The compound is anchored by a four-bedroom, three-bath main house, complemented by four additional residences: Cottage 1 (two bedrooms/one bath), Cottage 2 (one bedroom/one bath), Cottage 3 (two bedrooms/one bath), and Cottage 4 (two bedrooms/one bath). Each residence is year-round, renovated, well-appointed, separately metered, and offers private outdoor space. Shared amenities include an outdoor shower, multiple garden lounge areas, a productive vegetable and fruit garden, ample storage sheds for bikes and kayaks, shared laundry facilities, and three large parking areas. The property has a long rental income history, with several units offered fully furnished. Importantly, historical rents achieved at this compound were significantly higher than current levels, underscoring the potential for strong upside through repositioning, management optimization, or targeted marketing. This makes the asset particularly attractive for investors seeking value-add opportunities in a high-demand location. With its proximity to Peconic Bay, flexible unit mix, and established rental track record, the compound is well-suited for a variety of uses including a boutique bed and breakfast, year-round rental investment, wellness retreat, or family compound. The property is located in the Hamlet of Shinnecock Hills within the Tuckahoe School District.
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FeaturesGeneralSewer Cesspool
Heating Forced Air
Cooling Central Air
Utilities None
Zoning R20
Construction Materials Cedar Shingle Siding
Year Built 1989
Property Subtype Multi Family
Tax Year 2025
Parcel Number 0900-191-00-04-00-027-001
County Suffolk County
Property Type Commercial Sale
City Southampton
Number Of Units Total 5
Property Attached Y/N N
Tax Annual Amount 5977.12
Showing Instructions Please call or text Estefania Zuluaga 631-902-3315 24-hour notice tenant in place.
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 659600
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InteriorBasement Common
Basement Features Common
Basement (Y/N) Y
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ExteriorParking Features Driveway Off Site Driveway Off Site
Water Source Public
Building Area Total 4497
Waterfront Y/N N
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* Excluded FeaturesList ByEstefania E. ZuluagaListing Agent
Douglas Elliman Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $21,550
- Monthly Property Taxes
- $498
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Hampton Bays, NY
Average List Price $2,508,000
Percent of Sale Price 28%
About Hampton Bays, NY 14,097 Population
13% Since 2002
$ 76,396 Median Income
41.33 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/9/2026 | $3,500,000 | | Listed Price |