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127 Inlet Rd A

hampton bays, NY 11946

$3,500,000

  • 11 BR
    7 BA
  • logodouglas elliman exclusive

INTERESTED? LET'S CONNECT

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.

Details

Investment

$5,792 Annual Tax

Built in 1989

MLS/Listing ID 421692

2 Stories

Amenities & Features

Outdoor Shower

Central AC

Style - Traditional

Laundry Room

Tile

Hardwood

Lot - Sprinklers

Basement

estimate my mortgage

TOTAL MONTHLY COST

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HOME PRICE
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INTEREST

Interested in 127 Inlet Rd A?